opting for modular automation, wherein they reduce the human intervention in tedious and repetitive tasks.
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North America is clearly the market leader with a total market share of 60 %, followed by Europe. Asia and Latin America are emerging as there has been a considerable increase in outsourcing pharmaceutical manufacturing to these regions due to the availability of cheaper labor and resources.
This report analyzes the market across various geographies with the key trends in each region. It provides the market share and profiles of the top companies involved in lab automation. The report also provides insights on how the market will vary within the next five years.
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DRIVERS: 1. Advancement in plastic molding technology 2. Development of smaller automated machines 3. Need for higher reproducibility and effective management of the vast amounts of data generated
RESTRAINTS: 1. Initial setup is expensive 2. Loss of flexibility in process 3. Interconnecting various platforms across the lab 4. Key Deliverables in the Study 5. Interconnecting various platforms across the lab
Key Deliverables in the Study: Market analysis for the global automated storage and retrieval systems in laboratories market, with region-specific assessments and competition analysis on a global and regional scale. Market definition along with the identification of key drivers and restraints.
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