Albany, NY -- (SBWIRE) -- 07/27/2016 -- Laboratory automation is the use of technology and equipment in laboratories to conduct routine or tedious processes including state-of-the-art workflows in research, quality assurance, and diagnostics. The automation enables robust and faster throughput and analysis of a large number of samples at one go. Laboratory automation finds applications in the areas of both clinical testing and drug discovery; a laboratory automation system could either be a standalone or an integrated system.

The global laboratory automation market to grow at a CAGR of 5.48% over the period 2014-2019. This report covers the present scenario and the growth prospects of the global laboratory automation market for the period 2015-2019. To calculate the market size, the report covers revenue generated from its application in clinical laboratory and drug discovery laboratory.

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Technavio's report, Global Laboratory Automation Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, Europe, and North America, It also presents the vendor landscape and a corresponding detailed analysis of the major vendors in the market. In addition, it discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.

Key regions
- APAC
- Europe
- North America

Key vendors
- Danaher
- PerkinElmer
- Tecan Group
- Thermo Fisher

Other prominent vendors
- Abbott Diagnostics
- Agilent Technologies
- Aurora Biomed
- Becton, Dickinson and Co.
- bioMrieux
- Biotek Instruments
- Brooks Automation

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Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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