Market Research Report Store Lab Automation Global Market – Forecast To 2020--M
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Description
From ages, across industries, laboratories are an integral part of manufacturing and scientific
research organizations. The main goal of research and diagnostic labs is to provide high quality
and reliable experimental information that fulfills the industry needs. The constant use of manual
and isolated systems hampers the data quality during transferring process. Now-a-days,
advancement in technologies and increasing pressure to deliver results has led to the use of
automated systems in laboratories. Automated systems are being adapted in huge scale because of
its accuracy, advanced data management capacity and reduced repetitiveness.
At present, scientific research areas are making use of automated systems which are in need of
secure informatics platform where experimental data can be stored and exchanged flexibly. Indeed,
ELN support this huge requirement in automated industry. For instance, Seattle Genetics
E-Workbook supports broad range of scientific discipline by securing and managing research data.
The global Laboratory Automation market is valued to be $3,456 million in 2014 and poised to
grow at a CAGR of 6.4% to reach $5,052 million by 2020. The laboratory automation market is
classified based on technology, process (hardware and software), application, end users and
geography. The lab automation by technology is further segmented into total laboratory
automation and modular automation (Pre-analytical automation systems, Post-analytical
automation systems, Unit automation solutions). The laboratory automation market by end users is
divided into academic and research institutes, hospitals and laboratory diagnostics, biotech and
pharmaceutical companies and other end users, which include nonprofit organizations and
commercial labs.
The laboratory automation market by process divided into hardware and software systems. The
hardware segment further includes automated liquid handling systems, compound management,