Lab Automation Market size, share, Growth 2020: Top Leading companies like Tecan Trading AG, PerkinElmer, Eppendorf AG, bioMerieux, Siemens, QIAGEN

The global lab automation market is segmented on the basis of equipment, software, application and end user. Based on equipment, the market is segmented as automated workstations, microplate readers, robotic systems, off-the-shelf automated workcells, automated storage & retrieval systems (ASRS) and others. On the basis of software, the global lab automation market is segmented into laboratory execution systems (LES), laboratory information management systems (LIMS), electronic laboratory notebooks (ELN) and scientific data management systems (SDMS). On the basis of application, the market is segmented into clinical diagnostics, drug discovery, proteomics solutions, genomics solutions, microbiology solutions and others. Based on end user, the market is segmented as hospitals & diagnostic laboratories, biotechnology & pharmaceutical companies and research & academic institutes.

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Lab automation or Laboratory automation is a multi-disciplinary strategy to develop, research and optimize technologies in the clinical laboratory. The application of this technology in laboratories helps to achieve higher levels of performance in less time. Laboratory automation aids increasing productivity, reducing lab process cycle times, elevating experimental data quality and enabling easy experimentation. Moreover, the system includes development of the laboratory information (management) systems (LIS/LIMS) and improvement of pre- and post-analytic automation. The application of this technology in laboratories is to achieve higher levels of performance and eliminates human errors.

The growth of global lab automation market can be attributed to high demand for lab automation equipment in clinical diagnostics & drug discovery and need for process miniaturization. Moreover, the other factors such as need for instruments, software and devices to increasing productivity and improved workflow coverage are likely to add novel opportunities for the global lab automations market over the forecast period.

The Prominent/Emerging Players in the Lab Automation Market Research include: Tecan Trading AG,PerkinElmer Inc., Danaher, Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Eppendorf AG, bioMerieux SA, F. Hoffmann-La Roche Ltd, Siemens, QIAGEN

A factor which can be a restraint for Lab Automation Market can be some companies do not collaborate with service providers or they don't take advantage of digitization as they don't have awareness for the same. Nevertheless, digitization in services is opting by an online company to know more exactly about consumer behavior plus it makes business policies flexible to adopt changes as per the market condition on which success and growth of an organization depend which will give more growth opportunities in coming years.

Lab Automation Market Table of Contents:
1. Scope Of The Study
2. Key Takeways
3. Research Methodology
4. Lab Automation Landscape
5. Lab Automation - Key Market Dynamics
6. Lab Automation - Global Market Analysis
7. Lab Automation - Revenue And Forecasts To 2027 - Type
8. Lab Automation - Revenue And Forecasts To 2027 - End User
9. Lab Automation Revenue And Forecasts To 2027 - Geographical Analysis
10. Industry Landscape
11. Lab Automation, Key Company Profiles

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