![]() ![]() ![]() This has resulted in a threefold rise in the demand for automated devices, services, and advanced software. With the introduction of automation techniques, the number of diagnosed cases and real-time result analyses have increased.Rising robotics laboratory equipment sales are a major contributor to the expansion of the device segment.FMI forecasts a 2.5x increase in revenue in the global lab automation market through 2027.The growing emphasis on minimizing human interference in sensitive processes.The rising pharmaceutical company Research and Development spending and the presence of stringent regulations.The major lab automation market drivers are: With the increasing adoption of lab automation across various end-use verticals, the lab automation market is expected to grow at a CAGR of 10.1% during the forecast period, reaching US$ 5.5 billion by 2033. In 2023, the lab automation market is estimated to be worth US$ 2.1 billion. Lab Automation Market Outlook (2023 to 2033) ![]()
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