Sarasota, FL -- (SBWIRE) -- 10/17/2016 -- The report covers forecast and analysis for the clinical diagnosis automation market on a global and regional level. According to the report, the clinical diagnosis automation market was valued at USD 3.12 billion in 2014 and is expected to generate revenue of USD 5.71 billion by end of 2020, growing at a CAGR of 7.2% between 2015 and 2020 The study includes drivers and restraints for the clinical diagnosis automation market along with the impact they have on the demand over the forecast period. Additionally, the report includes study of opportunities available in the clinical diagnosis automation market on a global level.
Currently, the clinical diagnostics field is exploring a novel level of automating processes. Analytical phase with its manual analytical or clinical processes along with the lab environment is undergoing automation. Automation helps to increase the efficiency and production. All phases involved in the processes from sample blood collection to sample processing are being automated. Numbers of manual analytical or clinical processes have been effectively automated, giving forth a range of clinical analyzers. These analyzers, owing to their repeatability, speed, and traceability, offer clinical personnel faster, precise and reliable patient results.
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In order to give the users of this report a comprehensive view on the clinical diagnosis automation market, we have included a detailed competitive scenario, and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter's five forces model for the clinical diagnosis automation market has also been included. The study encompasses a market attractiveness analysis, wherein segments are benchmarked based on their market size, growth rate and general attractiveness.
Based on equipment and software, this clinical diagnosis automation market is classified as automated liquid handling, microplate readers, standalone robots, retrieval systems, automated storage, software and informatics, and others. Out of all segments, automated liquid handling accounted for the majority share of overall automation market in 2014. Different clinical diagnosis automation types are total lab automation and modular automation. All testing phases are collected in total laboratory automation through which all modules are physically linked by some kind of track system. Total lab automation is convenient for large hospitals however it leads to increase in the overall cost of automation hence have low market penetration. The modular automation occupied considerable share of the market as it needs less space and cost effective.
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North America emerged as leading regional market for clinical diagnosis automation which was mainly contributed due to U.S. Aging population and high diagnosis rate in this region is fuelling the market growth in this region. Growing health care awareness and rising corporate and academic research investment is further pushing the market growth in Asia Pacific region.
The study provides a decisive view on the clinical diagnosis automation market by segmenting the market based on type, equipments and software and applications. Based on equipment and software, this market is segmented as automated liquid handling, standalone robots, microplate readers, retrieval systems, automated storage, software and informatics, and others. Different types of automation involved in this market include automation total lab automation and modular automation. All the application segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2020. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East and Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil.
The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. Key players profiled in the report include Eppendor, Beckman Coulter Inc, Hudson Robotics, Bio-Rad Laboratories Inc, Caliper Life Sciences, Siemens Healthcare, Roche Diagnostics and others.
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This report segments the global clinical diagnosis automation market as follows:
Global Clinical Diagnosis Automation Market: Type Segment Analysis
Total lab automation
Global Clinical Diagnosis Automation Market: Application Segment Analysis
Global Clinical Diagnosis Automation Market: Software and Equipment Segment Analysis
Automated liquid handling
Software and informatics
Global Clinical Diagnosis Automation Market: Regional Segment Analysis
Middle East and Africa
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