Lab Automation Market USD 5.20 Billion Driven by Genomics Application

Factors such as process miniaturization, high demand for lab automation equipment in drug discovery and clinical diagnostics, higher reproducibility and accuracy, and large workforce demand and supply gap are likely to drive the growth of lab automation market. In addition, lab automation offers enhanced productivity and reduced costs, better personnel safety, and small volumes of samples and reagents. Lab...

Lab Automation: Drug Discovery and Diagnostics Progressing Markets For Business Expansion

The 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%. Factors such as process miniaturization, high demand for lab automation equipment in drug discovery and clinical diagnostics, higher reproducibility and accuracy, and large workforce demand and supply gap are likely to drive the growth of this market. In addition, lab automation...