The global lab automation market is poised for substantial growth, with a projected value of USD 8.3 billion by the year 2030. According to recent market analysis, the market size for lab automation was estimated at USD 5.2 billion in 2022, indicating a steady upward trajectory with a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period from 2023 to 2030.
Lab automation technologies play a vital role in improving laboratory efficiency, throughput, and accuracy by automating routine laboratory tasks, sample handling, and data analysis processes. Key factors driving the growth of the lab automation market include:
Increasing Demand for High-Throughput Screening: The rising demand for high-throughput screening (HTS) and laboratory automation solutions in drug discovery, genomics, proteomics, and clinical diagnostics is driving adoption of lab automation platforms to enhance productivity and accelerate research and development workflows.
Advancements in Robotic and Instrumentation Technologies: Continuous advancements in robotic automation, liquid handling systems, laboratory instrumentation, and software automation platforms are driving innovation in lab automation solutions, enabling greater precision, flexibility, and scalability in laboratory operations.
Integration of Artificial Intelligence and Machine Learning: The integration of artificial intelligence (AI) and machine learning (ML) algorithms into lab automation platforms is driving improvements in data analysis, experimental design, and decision support, enabling researchers to extract actionable insights from large-scale datasets and complex experiments.
Shift Towards Personalized Medicine and Precision Health: The growing emphasis on personalized medicine, precision health, and molecular diagnostics is driving demand for lab automation solutions for sample processing, molecular profiling, and diagnostic testing in clinical laboratories and research settings.
Laboratory Consolidation and Workflow Optimization: Increasing consolidation of laboratory services, centralization of testing facilities, and workflow optimization initiatives in healthcare systems and life sciences organizations are driving adoption of lab automation solutions for streamlining laboratory operations and maximizing resource utilization.
Regulatory Compliance and Quality Assurance Standards: Stringent regulatory requirements, quality assurance standards, and data integrity guidelines for laboratory testing and data management are driving adoption of lab automation platforms with built-in compliance features, audit trails, and electronic recordkeeping capabilities.
KEY SEGMENTS
By Process
· Continuous Flow
o By Workflow
§ Sequential Processing
§ Parallel Processing
o By Components
§ Consumables
§ Equipment
· Discrete Processing
o By Method
§ Centrifugal Discrete Processing
§ Random Access Discrete Processing
o By Components
§ Consumables
§ Equipment
o By Workflow
§ Dependent Analysis
§ Independent Analysis
By Automation Type
· Total Automation Systems
o By Steps
§ Pre-analysis
§ Centrifugation
§ Sample Preparation
§ Sample Sorting
§ Transport Mechanisms
§ Liquid Handling
§ Sample Storage
§ Sample Analysis
· Modular Automation Systems
o By Steps
§ Specimen Acquisition & Identification & Labelling
§ Transport Mechanisms
§ Sample Preparation
§ Sample Loading & Aspiration
§ Reagent Handling & Storage
§ Sample Analysis & Measurements
By End User
· Photometry & Fluorometry
· Immunoassay Analysis
· Electrolyte Analysis
· Clinical Chemistry Analysis
· Other end-user
The major key players are QIAGEN, PerkinElmer Inc., Thermo Fisher Scientific, Inc., Siemens Healthcare GmbH, Danaher, Agilent Technologies, Inc., Eppendorf SE, Hudson Robotics, Aurora Biomed Inc., BMG LABTECH GmbH, Tecan Trading AG, Hamilton Company, F. Hoffmann-La Roche Ltd, and Others.
As the global healthcare and life sciences industries continue to evolve and innovate to meet the demands of precision medicine, molecular diagnostics, and drug discovery, the lab automation market is expected to witness sustained growth, driven by technological innovation, cost pressures, and increasing demand for efficiency and productivity in laboratory operations.
Other Reports You May Like:
Active Pharmaceutical Ingredient Market Trends
3D Printed Wearables Market Trends
Patient Handling Equipment Market Growth
About US:
SNS Insider has been a leader in data and analytics globally with its authentic consumer and market insights. The trust of our clients and business partners has always been at the center of who we are as a company. We are a business that leads the industry in innovation, and to support the success of our clients, our highly skilled engineers, consultants, and data scientists have consistently pushed the limits of the industry with innovative methodology and measuring technologies.
We assist our clients to anticipate industrial, economic, and consumer trends to drive disruptive change by fusing global experience with local information from experts throughout the world. We bring context to strategic and tactical data by bridging approaches based on data science and field research, assisting you in addressing your most pressing problems and spotting possibilities.
Contact Us:
Akash Anand – Head of Business Development Strategy,
Phone: +1-415-230-0044 (US) | +91-7798602273 (IND),
Website: https://www.snsinsider.com
