Lab Automation Market 2016 Industry Growth, Demand , Price and Forecast to 2020

Lab Automation Market 2016 Industry Growth, Demand , Price and Forecast to 2020

Published By: Syndicate Market Research

Lab Automation Market - Global Industry Perspective,
Comprehensive Analysis and Forecast, 2014 – 2020

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Lab Automation Market

Lab automation serves technical employment of different equipments such as automated
laboratory instruments, devices, and software algorithms to expedite the work flow in
laboratory. It aids to reduce manual steps and increase efficiency of the diagnosis. Automated
equipment makes analysis easy and generates faster throughput.
Increase in the ageing population coupled with their rising healthcare problems is a major
driving factor of the global lab automation market. Advancement in the software and technical
equipment & devices of the healthcare sector is also expected to propel the growth of lab
automation market during the years to come. However, prevalence of small and medium scale
labs where automation is not a priority may hamper the growth of lab automation market.
Nonetheless, growing implementation in microbiology field is likely to disclose the new
opportunity in near future.
The global lab automations market is driven by a combination of factors, which are a rising rate
of accidents, improvement in reimbursement policies, a growing geriatric population, and an
increasing prevalence of chronic diseases such as diabetes. The market size and forecasts in

Lab Automation Market
terms of revenue (USD million) for the period 2015 to 2020, considering 2014 as the base year,
have been provided for this segment of the report. The report also provides the compounded
annual growth rate (% CAGR) for the forecast period 2015 to 2020.
The report is a comprehensive view on the lab automation market in which we have included a

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