IQ4I Research & Consultancy Published a New Report on “Lab Automation Global Market”: Valued at $3.5 Billion in 2014

The global Lab automation market is valued at $3.5 billion in 2014. This report analyzes the lab automation market in terms of market revenue ($ million) for all segments.

Boston, MA, May 01, 2015 –(PR.com)– IQ4I Research & Consultancy published a new report on “Lab Automation Global Market – Forecast To 2020” which analyzes and studies the major market drivers & Opportunities, Restraints & Threats in North America, Europe, Asia-Pacific and Rest of the World.

IQ4I’s Report Contains 98 market data tables and 31 figures spread through 315 pages and an exhaustive TOC on “Lab Automation Global Market [Technology ((Total Laboratory Automation and Modular Automation (Pre-analytical, Post-analytical automated systems and Unit automation solutions)); Process (Hardware and Software); Application (Clinical Diagnostic Laboratories, Drug Discovery & Development, Bioresearch, Forensic & Others); End-users (Academic & Research Institutes, Biotech/Pharma companies, Hospitals/Laboratory Diagnostics and Others); Regional (North America, Europe, Asia Pacific and Rest of the World)]

The global Lab automation market is valued at $3.5 billion in 2014. This report analyzes the lab automation market in terms of market revenue ($ million) for all segments.

The laboratory automation market is mainly ruled by systems that reduce time and lowers cost compared to manual procedures. Implementation of laboratory informatics and robots leading to high productivity and reduced cross contamination is responsible for the growth of automation market. The growing application in microbiology and haematology labs along with its usage in bio-repositories has opened new doors for growth in laboratory automation. Increased automation assisted cancer screening has provided growth opportunity for the laboratory automation market. Flexibility and specificity with increased repetitiveness of tests along with advanced technologies will drive the market.

In 2014, North America holds the largest share of the laboratory automation market followed by Europe. In North America, U.S. has the largest share because of adaptation of total laboratory automation from modular automated systems. Asia pacific is the fastest growing region as there is a huge demand from the market, the medical expenditure and infrastructure has improved.

Tecan is the largest player in the Lab automation market with a share followed by Thermo Fisher Scientific and Danaher Corporation accounting and shares respectively in 2014. In the Lab automation market, major players accounting for more than 58.1% market share in 2014. Top ten major players in the global lab automation market include Abbott Diagnostics (U.S.), Agilent Technologies, Inc. (U.S.), Biotek Instruments (U.S.), Brooks Automation, Inc. (U.S.), Thermo Fisher Scientific Inc (U.S.), Qiagen N.V. (Netherlands), Danaher Corporation (U.S.), Hamilton Company (U.S.), BioMerieux SA (France), Tecan Group (Switzerland) and PerkinElmer, Inc (U.S.).

Reasons for buying this report:
· Market assessment of all segments and sub segments of Lab automation market
· In-depth market sizing analysis of various segments and sub segments of Techniques, Process, Applications, End-Users and Regional markets
· Regulatory scenario across the globe
· Latest and Upcoming Products
· Market share analysis of key players
· Major player profiles and their competitive landscaping
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