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The global lab automation market is expected to exhibit a steady growth rate, driven by the increasing demand for error-free and time-efficient processes in laboratories. Lab automation brings standardization, efficiency, and throughput to lab processes, allowing for high volumes of samples to be tested simultaneously. This reduces errors and manual intervention, freeing up scientists to focus on more complex tasks. Key players in the market include Tecan Trading AG, PerkinElmer Inc., and Danaher.