The global laboratory automation systems market is expected to reach a market size of USD 6.39 Billion in 2028 and registers a steady CAGR over the forecast period, according to latest analysis by Emergen Research. The report also offers accurate forecast estimation at a global and regional level to impart a better understanding of the scope of the market. A key factor driving increasing demand for laboratory automation systems is that adoption helps laboratories to reduce manual efforts and work, as automation solutions can finish many testing processes that would otherwise require a considerable amount of manual effort and time. The report analyzed the key market drivers, restraints, growth opportunities, investment opportunities, threats, and limitations of the Laboratory Automation Systems market.
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Moreover, automation systems optimize and improve productivity ratio of labs and significantly decrease costs that may arise due to waste. The application of automation systems has also led to a significant increase in the productivity of drug discovery processes. Furthermore, the report provides a comprehensive analysis of the factors that are likely to bolster or impede the growth of the market in the coming years. The report considers the COVID-19 pandemic that is currently unfolding as a key market influencer. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Laboratory Automation Systems industry. The COVID-19 pandemic has affected several sectors of the global market,
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For the purpose of this report, Emergen Research has segmented the laboratory automation systems market based on product, application, end-use :
- Product Outlook (Revenue: USD Billion; 2020–-2028)
- Automated Workstation
- Microplate Readers
- Application Outlook (Revenue: USD Billion; 2020–-2028)
- Clinical Diagnostics
- End-Use Outlook (Revenue: USD Billion; 2020–-2028)
- Diagnostics lab
The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Laboratory Automation Systems market. Key players operating in the market are Tecan Group., PerkinElmer, Thermo Fisher Scientific, Agilent Technologies, Danaher Corporation, F. Hoffmann-La Roche, QIAGEN NV, Siemens Healthineers, Eppendorf AG, bioMérieux, and Abbott. The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position,
Scope of the Report:
The researcher assessing the Laboratory Automation Systems Market dive deep to unearth intangible facts related to the key restraints, opportunities, and threats expected to shape the progress of the industry during the forecast period, 2020 - 2028. Significant evaluation of other factors such as demand and supply status, import and export, distribution channel, consumption volume, and production capability play a vital role in offering business owners, stakeholders and field marketing personnel a competitive edge over others operating in the same space. All important data are presented in self-explanatory charts, tables and graphic images that can be incorporated into any business presentation.
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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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