Lab Automation Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies and Forecasts, 2014 to 2020.
Rising incidence rate of infectious disease and number of clinical studies are main factors triggering growth of lab automation market over the coming six years. High accuracy level and reproducibility can be easily obtained through lab automation. Additionally, miniaturization of process leading to low reagent cost, personnel safety, smaller samples and reagents quantity, and progressing drug discovery are further expected to drive growth of this market. An untapped opportunity lies in demand supply gap created due to continuous increase in the demand of laboratory procedure and shortage in supply of trained personnel. Global lab automation market is segmented into equipment & software, application, type of automation and end use.
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