Lab Automation Market - Global Forecasts to 2020 for the $5.1 Billion Market

DUBLIN, May 19, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/b6fdrc/lab_automation) has announced the addition of the "Lab Automation Market by Equipment & Software, Applications, Type of Automation, & End Users - Global Forecasts to 2020"  report to their offering. 

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The global lab automation market is poised to reach $5,105.7 Million by 2020 from $3,474.2 Million in 2014, at a CAGR of 6.7% from 2015 to 2020. 

The report segments the lab automation market on the basis of equipment and software, application, type of automation, end user, and region. On the basis of applications, the lab automation market is broadly classified into clinical diagnostics, drug discovery, genomics solutions, and proteomics solutions. Drug discovery is a major application of the lab automation market. Developing markets such as the Middle East, Brazil, China, and India are lucrative markets for lab automation owing to favorable government incentives. 

Based on end user, the lab automation market is categorized into biotechnology and pharmaceuticals, hospitals and private labs, academics, and research institutes. The research institutes segment is the fastest-growing segment of the lab automation end-user market. 

New and innovative product launches was the dominant strategy adopted by key industry players to increase their market share and cater to unmet user requirements. 

The deviations and overlap of revenue between applications, and equipment and software in a number of sources was the major challenge faced while estimating market size. This challenge was overcome by validating data through a large number of industry experts and key opinion leaders. 

Key Topics Covered: 

1 Introduction 

2 Research Methodology 

3 Executive Summary 

4 Premium Insights 

5 Market Overview 

6 Industry Trends 

7 Lab Automation Market, By Equipment and Software 

8 Lab Automation Market, By Application 

9 Lab Automation Market, By Type of Automation 

10 Lab Automation Market, By End User 

11 Geographic Analysis 

12 Competitive Landscape 

13 Company Profiles 

- Agilent Technologies 
- Beckman Coulter, Inc. (Subsidiary of Danaher Corporation) 
- Biomérieux SA 
- Hamilton Robotics, Inc. 
- Perkinelmer, Inc. 
- Qiagen N.V. 
- Roche Holding AG 
- Siemens Healthcare (Subsidiary of Siemens AG) 
- Tecan Group Ltd. 
- Thermo Fisher Scientific, Inc. 

For more information visit http://www.researchandmarkets.com/research/b6fdrc/lab_automation

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets