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Global Lab Automation in Bioanalysis Market - Analysis, Technologies & Forecasts to 2022 - Research and MarketsThe "Global Lab Automation in Bioanalysis Market - (2017-2022)" report has been added to Research and Markets' offering. The Global Lab Automation in Bioanalysis market is valued at USD 4.07 billion in 2016 and is expected to reach a value of USD 6.13 billion by the end of 2022, growing at a projected CAGR of 7.07% during the forecast period of 2017-2022. The rapid rise in number of clinical and pre-clinical studies across the world has made the need for speed imperative in analysis of samples. In such a condition, the machines have to work 24 hours, day in and day out, and require considerable amount of manpower to ensure proper functioning. This has made automation very important in bioanalytical laboratories. Automation provides a much cheaper and viable alternative, considering the fact that it reduces human error to almost none and provides sustainable long term benefits Apart from reducing mundane tasks the market for laboratory automation is also driven by the need for consistency in quality. The cost of an error, in a scientific paper or developing a drug, is very high; even fairly low error rates can have a profound impact on the conclusions you make downstream. It is believed that, taking out human element helps in achieving more consistency. Great advances have been made in the molding plastics, which has reduced the volumes of reagents used, enabling handling of smaller liquid volumes easy. These advancements have worked in favor of the development of Micro and Nano-liter plates to fit in with the automated liquid handling equipment. Companies Mentioned:
Key Topics Covered: 1. INTRODUCTION 2. KEY FINDINGS OF THE STUDY 3. MARKET OVERVIEW 4. MARKET DYNAMICS 5. DIFFERENT EQUIPMENT IN LAB AUTOMATION 6. MARKET ANALYSIS AND FORECAST 7. COMPETITIVE LANDSCAPE 8. COMPANY PROFILE For more information about this report visit https://www.researchandmarkets.com/research/mk5vc6/global_lab View source version on businesswire.com: http://www.businesswire.com/news/home/20171205005739/en/ |
