Laboratory automation systems meet rising demand by reducing manual work, saving time, and completing testing processes efficiently.
Laboratory Automation Systems Market Size – USD 4.26 Billion in 2020, Market Growth – at a CAGR of 5.1%, Market Trend – Advancements in technology ” Emergen Research
VANCOUVER, B.C, CANADA, June 13, 2023 /EINPresswire.com/ — The global laboratory automation systems market is expected to reach a market size of USD 6.39 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research.
Laboratory automation systems have emerged as indispensable tools in the field of scientific research, transforming the way experiments are conducted and data is analyzed. These systems are designed to streamline laboratory processes, minimize human error, and boost overall productivity. By integrating advanced technologies like robotics, machine learning, and artificial intelligence, laboratory automation systems have become crucial in research and development, clinical diagnostics, and drug discovery. The global laboratory automation systems market is experiencing significant growth, driven by several factors that are reshaping the scientific landscape.
The laboratory automation systems market is primarily driven by the growing demand for high-throughput screening and analysis. With the rapid expansion of genomics, proteomics, and drug discovery, there is an increasing need for efficient and accurate processing of large sample volumes. Laboratory automation systems enable scientists to automate repetitive tasks such as pipetting, sample preparation, and data analysis, resulting in a substantial reduction in time and effort required. This not only accelerates the research process but also enhances the quality and reliability of results.
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Laboratory Automation Systems market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
