Market Research Report Store Lab Automation Global Market – Forecast To 2020--M | Page 3

2.5.7 ASSUMPTIONS 31 3 MARKET ANALYSIS 33 3.1 INTRODUCTION 33 3.2 MARKET SEGMENTATION 34 3.3 FACTORS INFLUENCING MARKET 36 3.3.1 DRIVERS AND OPPORTUNITIES 37 3.3.1.1 Short time and Low cost 37 3.3.1.2 Miniaturization and high productivity 37 3.3.1.3 Accuracy and reduced repetitiveness 38 3.3.1.4 Increased usage in drug discovery and diagnostics 38 3.3.1.5 Reduced chance of cross contamination 39 3.3.1.6 Shortage of quality lab technicians 39 3.3.1.7 Less sample, reagent requirement 39 3.3.1.8 Increased use due to aged population 39 3.3.1.9 Flexible and specific systems development 40 3.3.1.10 Automation in microbiology and hematology labs 40 3.3.1.11 Automation assisted cancer screening 41 3.3.1.12 Increasing use in biorepositories 42 3.3.2 RESTRAINTS AND THREATS 43 3.3.2.1 Higher initial investments 43 3.3.2.2 Limited adoption in small-medium laboratories 44 3.3.2.3 Non-standard data format and communication systems 44 3.3.2.4 Compatibility and portability of existing systems 45