Global Lab Automation in Protein Engineering Market trends? AB-Sciex, Bio-Rad Laboratories Inc., Bruker Corporation, GE Healthcare, Perkin Elmer, Sigma-Aldrich Corporation, Thermo Fisher Scientific, Waters Corporation & more

Global Lab Automation in Protein Engineering Market by globally based on size, share, Revenue, key manufacturers, regions, type and application with in depth descriptions.

The Global Lab Automation in Protein Engineering Market was valued at US$ xx Mn in 2016 and is expected to reach US$ xx Mn by 2022 growing at a CAGR of xx% during the forecast period. Protein engineering refers to the manipulation of the structures of proteins to produce desired properties or the synthesis of proteins with particular structures. Automation in protein engineering can help scientists to understand and solve the mysteries of protein dysfunction, including misfolding, aggregation, and abnormal movement. This will in turn help in more effective drug discovery.

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Market Dynamics: The rapidly growing demand for protein drugs over non-protein drugs along with high incidences of lifestyle diseases is one of the prime drivers for automation in the protein engineering market. Moreover, increased government funding for protein engineering, need for consistency in quality, lack of time and a high cost of error act as growth drivers.

Lack of planning for technology development, low priority for lab automation among small and medium-sized laboratories, lack of trained personnel and high initial setup cost put constraints on the market.

Market Segmentation: The global lab automation market is segmented by equipment and software (automated liquid handling, microplate readers, standalone robots, software and informatics, ASRS), by applications (clinical diagnostics, drug discovery, genomics solutions, proteomics solutions, protein engineering), by type of automation (modular automation and total lab automation), by end users (biotech and pharma, hospitals and private labs, academics and research institutes).

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Geographic Analysis: North America and Europe lead the global lab automation in protein engineering market along with Canada and Japan. Asia - Pacific and Latin American countries represent emerging markets.

Key Players: Some of the major players in the market include Agilent Technologies, AB-Sciex, Bio-Rad Laboratories Inc., Bruker Corporation, GE Healthcare, Perkin Elmer, Sigma-Aldrich Corporation, Thermo Fisher Scientific, Waters Corporation.

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