Market Strategies for Lab Automation Vendors: A Comprehensive Study

https://www.marketsandmarkets.com/Market-Reports/lab-automation-market-1158.html

The global lab automation market is projected to reach USD 7.1 billion by 2028 from USD 5.1 billion in 2022, growing at a CAGR of 5.8% during the forecast period. Rising technological advancements primarily drive the growth of this market in lab automation, rise in demand for miniaturize process equipment further supports the market growth. However, higher initial investment impedes the market growth. However, the slow adoption of lab automation by some laboratories and the long waiting period for workflow implementation are expected to restrain the market growth.
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Market Strategies for Lab Automation Vendors: A Comprehensive Study https://www.marketsandmarkets.com/Market-Reports/lab-automation-market-1158.html The global lab automation market is projected to reach USD 7.1 billion by 2028 from USD 5.1 billion in 2022, growing at a CAGR of 5.8% during the forecast period. Rising technological advancements primarily drive the growth of this market in lab automation, rise in demand for miniaturize process equipment further supports the market growth. However, higher initial investment impedes the market growth. However, the slow adoption of lab automation by some laboratories and the long waiting period for workflow implementation are expected to restrain the market growth.
Lab Automation Market Revenue Trends and Growth Drivers | MarketsandMarkets
Lab Automation Market Revenue Trends and Growth Drivers | MarketsandMarkets
The global lab automation market in terms of revenue was estimated to be worth $5.1 billion in 2022 and is poised to reach $7.1 billion by 2028, growing at a CAGR of 5.8% from 2022 to 2028.
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