BIS Research - Emerging Technology Market Intelligence

Laboratory Automation Systems Coming as a Boon for the Healthcare Industry

Feb 13, 2018 12:28:27 AM / by BIS Research posted in Lab Automation Market, Laboratory Automation Systems Market size, global Laboratory Automation Systems market foreca, Global Laboratory Automation Systems Market, Laboratory Automation Systems, Laboratory Automation Systems Market, Laboratory Automation Systems market forecast, Laboratory Automation Systems Market growth, Laboratory Automation Systems Market share, Market Share Analysis, Market Trends, Market Research Report


The healthcare expenditure has been rising every year for a long time. It was valued to be approximately $7 trillion in 2015 and is anticipated to reach a value of $8.5 trillion by 2020. This increase in the expenditure is the result of the high prevalence of various types of illness, such as infectious diseases, chronic diseases, communicable diseases, autoimmune diseases, etc. The pressure on the healthcare industry has increased considerably due to the increasing rate of geriatric population and the rollout of several significant regulatory changes for cost containment, which is subsequently putting pressure on the healthcare companies to reduce the cost of pharmaceuticals as well as diagnostic tests.

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