The article cited AMA's "Global Clinical Diagnostics Automation Market Study" explored substantial growth in North America and CAGR of %. According to the report, Upsurging Advancements in Newborn Screening & Breast Cancer Advances
is one of the primary growth factors for the market. Upsurging Demand for Accurate Clinical Diagnostics
is also expected to contribute significantly to the Clinical Diagnostics Automation market. Overall, Clinical Diagnostics
applications of Clinical Diagnostics Automation, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Software, such as Automated liquid handling, is boosting the Clinical Diagnostics Automation market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Clinical Diagnostics Automation market identified that the demand is rising in many different parts of the world as "Emerging Markets Provide an Array of Opportunities to Clinical Diagnostics System Providers
". Furthermore, some recent industry insights like "On May 6, 2019, Abbott has launched a new, smarter heart monitor for better arrhythmia detection positive news for people at risk for irregular heartbeats. Now with CE Mark in Europe and U.S. Food and Drug Administration (FDA) clearance, the next-generation Confirm Rx insertable cardiac monitor (ICM), a paperclip-sized implantable device, combines smartphone connectivity and continuous, remote monitoring to track unpredictable heart rhythm problems for a fast and accurate diagnosis." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Clinical Diagnostics Automation market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Clinical Diagnostics Automation market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Clinical Diagnostics Automation market size is calculated using market estimation process, the Clinical Diagnostics Automation market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Clinical Diagnostics Automation market size has been validated using both top-down and bottom-up approaches.