DUBLIN--(BUSINESS WIRE)--The "Global Lab Automation Software Market - Segmented by Equipment, Type and Region - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global lab automation software market is expected to grow at a CAGR of 5.23% over the forecast period 2018-2023.
Laboratory automation has developed over the past decade as a means of consolidating testing, reducing costs, and improving the effectiveness of laboratory testing. Analytical equipment has been successfully automated, yielding dramatic improvements in throughput, precision, convenience, and data handling. Automated analyzers now form the backbone of all clinical laboratories, both large and small.
The laboratory information management systems industry has exhibited robust growth over the past five years as laboratories have grappled with an increase in sample volumes, partly due to increased demand for diagnostic testing from the burgeoning elderly population. Industry operators have particularly focused on developing software that assists with operational issues, such as data security and regulatory compliance.
Rise in the number of clinical and pre-clinical studies worldwide has made the need for speed in analysis of samples imperative, making automation to be one of the key components, contributing towards the growth of the market. Strict regulations by the United States government and the FDA, along with the growing demand in the diagnostic market and the increasing usage of the discovery and research labs, owing to the rising presence of various diseases, such as cardiovascular and neurological diseases, in the region, has fuelled the growth of the market. United States dominates the North American market and is the major revenue contributor in the region.
- Thermo Fisher Scientific
- Honeywell International
- Hudson Robotics
- Becton Dickinson
- Synchron Lab Automation
- Agilent Technologies
- Siemens Healthcare
- Tecan Group Ltd
- Roche Holding AG
- Eppendorf AG
- Shimadzu Corporation
- Aurora Biomed.
Key Topics Covered:
2. Research Approach and Methodology
3. Executive Summary
4. Market Overview
5. Market Dynamics
6. Technology Overview
7. Global Lab Automation Software Segmentation
8. Competitive Intelligence - Company Profiles
9. Investment Analysis
10. Future Outlook of the Market
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