Industrial Automation in Life Sciences Industry - Market Analysis 2023-2027
This market research report predicts the statistics about the market size growth that will grow by USD 4,127.65 million. The industrial automation market in life sciences industry market has potential to grow at a CAGR of 10.31% during 2022-2027, that is the forecast period for this report as per our data and research experts. There are various factors that directly affect the industrial automation market in life sciences industry growth such as rising demand for healthcare services worldwide, enhanced data security, and advanced quality of the products and services in life sciences.
This expected incremental growth momentum presents a positive outlook for the market as well as the respective investors and they will further reinforce the position of vendors in the market.
Our researchers provide the major statistical predictions about some key market drivers via thorough data and information analysis. One of these market drivers is the increasing demand for the healthcare services worldwide that is helpful in the industrial automation market in life sciences industry growth. Although there are other factors such as issues related to the infrastructure and integration may affect the market growth negatively.
Moreover, Technavio also offers some key vendor details which as follows:
- ABB Ltd.
- Emerson Electric Co.
- Applied Materials Inc.
- Balluff GmbH
- Azbil Corp.
- Danaher Corp.
- Aspen Technology Inc.
- Dassault Systemes SE
The given statistical data explains it all precisely to cater the specific business needs. However, Technavio offers an instant lifetime access to thousands of market reports and the world-class market intelligence at affordable rates with flexible plans.