Life Science Laboratory Automation Market to See Robust Growth Through 2024, an Industrial Info Market Brief
Life Science Laboratory Automation Market to See Robust Growth Through 2024, an Industrial Info Market Brief
Automation systems are steadily playing a significant role in the laboratories of commercial biotechnology/pharmaceutical firms, hospitals, diagnostic/testing facilities, non-profit research institutes, as well as academic institutions. Laboratory automation curtails human errors and helps the laboratories deliver results in a timely, accurate and actionable manner.
According to IMARC Group, the global laboratory automation market reached a value of $ 4.55 billion in 2018. The market value is projected to reach $6.2 billion by 2024, exhibiting a compound annual growth rate of 5.4% during 2019-2024.
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