Lab Automation Market | Expected to attain an outstanding growth in Pharmaceuticals and Biotech Industries

Lab automation is defined as the use of technology to streamline or substitute manual manipulation of equipment and processes. The degree of automation that any lab requires depends on its workflow. While an academic research lab may prefer to use only some instruments in order to increase productivity and reduce the time spent on a tedious task, a drug discovery unit in a pharmaceutical...

Lab Automation Market | Key Players Growth Strategies Analysis

The global lab automation market is projected to reach USD 5.20 billion by 2022 from USD 4.06 billion in 2017, at a CAGR of 5.1% during the forecast period. This market is fragmented in nature with a large number of regional and national players. In 2016, Tecan Group (Switzerland), PerkinElmer (US), Danaher (Beckman Coulter & Molecular Devices) (US), Thermo Fisher (US), Agilent Technologies (US),...