Automation is used in a wide variety of life science applications ranging from proteomics to systems biology . Automation is a dominant feature in the diagnostics market followed by the discovery and research labs . In clinical diagnostics , where profits are based on the number of samples , high throughput is the core driving factor . Total automation is generally preferred in such labs and manufacturing setups . Research labs and academic institutions are generally opting for modular automation wherein they reduce the human intervention in tedious and repetitive tasks .
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North America is the clear market leader with around 60 % of the market share followed by Europe . Asia and Latin America are emerging as there is a considerable increase in the outsourcing of pharmaceutical manufacturing to these regions due to the availability of cheaper labor and resources . Automation is the most prevalent in the diagnostics market followed by the discovery and research labs .
The 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 with insights on how the market will vary within the next five years and how the companies are strategically planning .
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
Key Deliverables in the Study : 1 . Market analysis for the global Modular 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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