Research Report : Global Lab Automation Market | Page 3

reproducibility and better documentation of data . This allows the production of more data points with great ease . It also ensures the safety of personnel in the presence of infectious or potentially hazardous material .
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
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Key Deliverables in the Study : 1 . Market analysis for the global lab automation market , with region-specific assessments and competition analysis on a global and regional scale . 2 . Market definition along with the identification of key drivers and restraints .
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