Press release
Lab Bioanalysis Automation Market Size and Forecast to Grow at a CAGR of 7.84% By 2021
Bioanalysis refers to a collective process of measuring quantitative and qualitative aspects of a sample, which can either be a chemical compound for drug target identification or a blood sample for disease diagnosis. Researchers in life sciences, healthcare, and pharmaceutical industries deal with numerous samples every day. Thus, bioanalysis of these samples requires repetition of certain basic steps and procedures. As a result, to enhance routine lab processes and to improve process efficiencies, products or systems that conduct these repetitive processes automatically are introduced. This helps in saving the operational time for researchers, which they can dedicate to more vital activities such as data analysis and generation of actionable insights. The collective process of automating set procedures and protocols during a bioanalysis experiment is called lab bioanalysis automation.
Technavios analysts forecast the global lab bioanalysis automation market to grow at a CAGR of 7.84% during the period 2017-2021 .
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Covered in this report
The report covers the present scenario and the growth prospects of the global lab bioanalysis automation market for 2017-2021 . To calculate the market size, the report considers the revenue generated from retail sales of laboratory automation products and software programs used in bioanalysis.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Lab Bioanalysis Automation Market 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Agilent Technologies
Beckman Coulter
F. Hoffmann-La Roche
Thermo Fisher Scientific
Other prominent vendors
Aurora Biomed
Becton, Dickinson and Company
bioMrieux
Bio-Rad Laboratories
BioTek Instruments
Eppendorf
Hamilton Company
Hudson Robotics
PerkinElmer
QIAGEN
Shimadzu
Siemens Healthineers
Synchron Lab Automation
Tecan Trading
Universal Robots
Market driver
Increasing use of automation in healthcare industry
For a full, detailed list, view our report
Market challenge
Inability of small-scale and medium-scale laboratories to fully adopt automation solutions
For a full, detailed list, view our report
Market trend
Growing focus on personalized medicine
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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