Lab Automation Market will reach at a CAGR of 6.5% from to 2027

The global lab automation market size was valued at USD 4.64 billion in 2020, which is expected to reach USD 7.84 billion by 2027, registering a CAGR of 6.5% during the forecast period (2021-2027).

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Lab Automation Market Forecast Period, Competitors and Size by 2027
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Lab Automation Market Forecast Period, Competitors and Size by 2027

Lab automation is a versatile approach to developing and optimizing laboratory technologies; therefore, it improves medical tests and processes. An increasing range of clinical trials is expected to increase the global lab automation market during th