Lab Automation Market Worth $5.20 Billion by 2022 | Know The Key
Trends
According to a new market research report "Lab Automation Market by Equipment and Software (Robotic Arms,
Microplate Readers, LIMS), Applications (Drug Discovery, Clinical Diagnostics, Genomics), End Users
(Biotechnology and Pharmaceuticals, Diagnostic Labs) - Global Forecast to 2022", published by
MarketsandMarkets™, the market is expected to reach USD 5.20 Billion by 2022 from an estimated USD 4.06
Billion in 2017, at a CAGR of 5.1%.
Don’t miss out on business opportunities in Lab Automation Market. Speak to our analyst and gain crucial industry
insights that will help your business grow:
https://www.marketsandmarkets.com/speaktoanalyst.asp?id=1158
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 this market. In addition, lab automation offers enhanced productivity and reduced costs, better
personnel safety, and small volumes of samples and reagents.
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.
Browse and in-depth TOC on "Lab Automation Market"
279 – Tables
31 - Figures
235 - Pages
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1158
The genomics solutions segment to grow at the highest CAGR
Based on applications, the lab automation market is segmented into drug discovery, clinical diagnostics, genomics
solutions, proteomics solutions, microbiology, and other applications. The genomics solutions segment is expected
to grow at the highest CAGR during the forecast period. The use of automation is on the rise in genomics for high-