Lab Automation Market Outlook, Segmented Overview and Forecasts

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Date Submitted: 05/19/2016 10:05 PM

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Automation is one of the best weapon in the life science laboratory due to the growing demands for productivity in speed, accuracy, throughput and efficiency. Helped by advance technology, contemporary automated systems are already adept of a wide range of functions that were previously performed by slow, tedious and manual labor. Instrumentation continues to evolve, and is poised to tackle tasks that were not even conceivable just a few years ago. Originally used mostly by the big pharmaceutical and biotechnology companies, laboratory automation technology has quickly developed to satisfy a larger pool of clinical experts in the life science industry. Automation companies not only produce automation for specific customer needs but also smaller, easy-to-use systems that are much more accessible to clinical experts to satisfy their general needs. It is likely that Lab Automation market will reach more than US$ 16 Billion by the year 2022.

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