Lab Automation Industry Growth Analysis and Forecasts To 2021 Lab Automation Industry Global Market Analysis | Page 2

Lab Automation Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecasts – 2021
Global Clinical Lab Automation Market: On a regional basis, the United States comprises the single largest
market for clinical lab automation, accounting for over XX% market share. Europe is the second largest
market for clinical lab automation. Japan accounted for XX% share of the global clinical lab automation
market being followed by BRIC region with XX% share.
Automation is making a significant impact in healthcare, especially in laboratories where systems are
improving work flow and adding speed and efficiency. Laboratory automation systems and technologies
incorporate devices, software or processes that improves the efficiency of a laboratory. The global lab
automation market is anticipated to grow at a CAGR of over 6% from 2016 to 2021.
Clinical Lab Automation segment captures majority share of the global lab automation market. The factors
like growing ageing population coupled with their rising healthcare problems, increasing prevalence of
infectious diseases, rising number of clinical studies and the advancement in the lab automation
technologies is likely to propel the growth of lab automation market during the years to come. However,
the low risk taking capability of small and mid-sized laboratories where automation is not a priority may
hamper the growth of lab automation market.
Global Drug Discovery Lab Automation Market: On a regional basis, the United States captured maximum
share of the drug discovery lab automation, being followed by Europe. Japan accounted for XX% share of
the global drug discovery lab automation market in 2015 being followed by BRIC region.
In the drug discovery lab automation market by application, the plate readers captured maximum share of
the market being followed by automated liquid handling system.
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