Healthcare Industry Updates Healthcare Lab Automation Market

Lab Automation Market Industry Insights | Tecan, PerkinElmer, Danaher and
Thermo Fisher To Dominate The Market
What are the Global Growth Factors?
Factors such as process miniaturization, high demand for lab automation equipment in drug discovery
and clinical diagnostics, higher reproducibility and accuracy, and large workforce demand and supply
gap are likely to drive the growth of Lab Automation Market. In addition, lab automation offers
enhanced productivity and reduced costs, better personnel safety, and small volumes of samples and
reagents.
What The Experts Says about the Market Growth?
The global lab automation market is expected to reach $5.20 Billion by 2022 from USD 4.06 Billion in
2017, at a CAGR of 5.1%.
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The automated workstations segment to account for the largest market share in 2017
Based on equipment and software, the market is segmented into automated workstations, off-the-shelf
workcells, robotic systems, automated storage and retrieval system, software, and other equipment. In
2017, the automated workstations segment is expected to account for the largest share of the lab
automation market. The high demand for automation in liquid handling is the key factor driving market
growth in this segment. Automated workstations offer advantages such as enhanced accuracy, and
reduced time and cost.