Latin America Laboratory Automation Market Surveying Report, Drivers, Scope and Regional Analysis by 2021-2026
Looking forward, the Latin America laboratory automation market is expected to continue its moderate growth during the forecast period (2021-2026).
STE R SHERIDAN, WYOMING, UNITED STATES, February 6, 2022 /EINPresswire.com/ — According to IMARC Group’s latest report, titled “Latin America Laboratory Automation Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the Latin America laboratory automation market is currently witnessing moderate growth in 2020. Laboratory automation stands for the utilization of a wide range of software, devices, and processes to minimize human intervention in lab procedures. It is mainly used for improving the efficiency of laboratory operations by automating various steps, including sorting, storing, decapping, retrieval, centrifugation, etc., with the help of robots, conveyors, machine vision technologies, etc. This assists in decreasing turnaround time, eliminating human errors, reducing costs, etc. As a result, laboratory automation finds extensive applications in diagnostic laboratories, biotechnology and pharmaceutical companies, research institutes, etc.
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The escalating adoption of international medical standards for disease diagnosis is one of the primary factors driving the Latin America laboratory automation market. Moreover, these solutions are also used to maintain database management tools, patient test records, integrated workflow management systems, etc. Continuous improvements in laboratory informatics and automated data management solutions are further providing a thrust to the market growth. Additionally, laboratory automation systems are also gaining popularity for enhancing the productivity of the drug discovery process as they can operate for long durations with minimal monitoring and instruction. Apart from this, the ability of laboratory automation to minimize labor costs and chances of errors by reducing manual work is further expected to catalyze the market growth in Latin America over the forecasted period. Looking forward, the Latin America laboratory automation market is expected to continue its moderate growth during the forecast period (2021-2026).
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Segmentation:
Breakup by Type:
Modular Automation
Whole Lab Automation
Breakup by Equipment and Software Type:
Automated Clinical Laboratory Systems
Workstations
LIMS (Laboratory Information Management Systems)
Sample Transport Systems
Specimen Handling Systems
Storage Retrieval Systems
Automated Drug Discovery Laboratory Systems
Plate Readers
Automated Liquid Handling Systems
LIMS (Laboratory Information Management Systems)
Robotic Systems
Storage Retrieval Systems
Dissolution Testing Systems
Breakup by End User:
Biotechnology and Pharmaceutical Companies
Hospitals and Diagnostic Laboratories
Research and Academic Institutes
Breakup by Country:
Brazil
Mexico
Argentina
Columbia
Chile
Peru
Others
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Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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