The Global Lab and Pharmacy Automation Market Research Report is expected to reach a value of $4,419.8 million by 2018 “North America is the largest market for lab and pharmacy automation holding 58.5% market share in 2013, and is expected to increase its value by $5,231.7 million by 2018, followed by Europe and Asia.”
The global lab and pharmacy automation market is driven by product innovations, time efficiency, and operational efficiency. The market was valued $5,517.6 million in 2013, and is estimated to be $8,724.9 million by 2018, at a CAGR of 9.60%. The report ‘Global Lab and Pharmacy Automation Market Forecast, from 2008-2018’, analyzes the market by segments, namely lab automation and pharmacy automation. The lab automation market accounted the largest share with 58.4% in 2013, and is expected to reach a value of $4,419.8 million by 2018. This growth can be attributed to the wide usage of automated liquid handling systems in research labs. The increasing demand for accuracy, safety, industry standards, and competency in the pharmacy environment by regulatory authorities, manufacturers, healthcare professionals, and consumers has forced the growth of pharmacy automation market.
Asia is witnessing the highest growth with maximum CAGR of 10.40% for lab and pharmacy automation market Get Free 10% Customization in This Report
Browse through the TOC of the Global Surgical Robots Market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation of this market in the region, and is supported by various tables and figures. http://www.micromarketmonitor.com/market-report/lab-and-pharmacy-automation-reports7684108790.html
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“The lab automation market constituted the largest share of 36.1% of the total market in 2013 and is expected to reach a value of $1,565.3 million by 2018.�
Asia Lab and Pharmacy Automation Market The Asian lab and pharmacy automation market, mainly driven by product innovations, time efficiency, and operational efficiency, was valued at $550.4 million in 2013 and is expected to reach $903.2 million by 2018, growing at a CAGR of 10.4% during the forecast period. The increasing demand for accuracy, safety, industry standards and competency in the pharmacy environment by regulatory authorities, manufacturers, healthcare professionals and consumers has aided the growth of pharmacy automation market. http://www.micromarketmonitor.com/market/asia-lab-andpharmacy-automation-2660370532.html
Europe Lab and Pharmacy Automation Market The European lab and pharmacy automation market, mainly driven by product innovations, time efficiency, and operational efficiency, was valued at $1,589.0 million in 2013 and is expected to reach $2,350.5 million by 2018, growing at a CAGR of 8.1% during the forecast period. http://www.micromarketmonitor.com/market/europe-lab-and-pharmacy-automation6852324975.html About MicroMarketMonitor: MicroMarketMonitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market. Contact: Mr. Chandrasekhar K. 5601 Bridge Street Suite 300 Fort Worth TX 76112 Tel: +1-888-502-0539 Email: sales@micromarketmonitor.com
Email: sales@micromarketmonitor.com
Tel: +1-888-502-0539