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Written by Oliver » Updated on: December 18th, 2024
The latest report by IMARC Group, titled “Laboratory Automation Market Report by Type (Modular Automation, Whole Lab Automation), Equipment and Software Type (Automated Clinical Laboratory Systems, Automated Drug Discovery Laboratory Systems), End-User (Biotechnology and Pharmaceutical Companies, Hospitals and Diagnostic Laboratories, Research and Academic Institutes), and Region 2025-2033,” offers a comprehensive analysis of the laboratory automation market share. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global laboratory automation market size reached USD 7.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 12.3 Billion by 2033, exhibiting a growth rate (CAGR) of 6.12% during 2025-2033.
Laboratory Automation Market Dynamics:
The shift being caused by technology through advanced laboratory efficiency creates growth in the laboratory automation market. AI, machine learning and robots are allowing laboratories to reduce human input and enhance the accuracy of processes by automating them instead. Coupling this with analytics helps to provide constant updates and forecasts that expands the scope for better decisions.
Furthermore, the use of modular systems increases scalability to enhance efficiency while eliminating reconstruction of the current systems. These trends are complemented by the increased need for high throughput screening and the emergence of automating solutions for areas such as genomics, proteomics, and drug discovery, showcasing the dynamism of the sector.
Several key factors contribute to the healthy growth of laboratory automation. The rise in the number of people suffering from chronic and infectious diseases has increased the need for effective diagnostic approaches. Automation makes it possible for the laboratories to maintain the same quality standards regardless of an increase in the number of samples which is important due to the increasing demand for results that are accurate and quick to obtain.
Furthermore, the pharmaceutical and biotechnology businesses are using automation in their drug development methods so as to minimize the period within which new therapies are available in the market. The trend set by the regulatory bodies for standardization and quality assurance has also stimulated the use of automated technologies. Other factors such as the government support for funding towards research programs and focus on precision medicine are also pushing the market’s growth.
The need for laboratory automation is expected to increase in the future as laboratories from diversified fields look for efficiency and effectiveness. The combination of automation with new technologies such as IoT and cloud computing is forming an interconnected laboratory ecosystem that allows users to control workflows off-site. The increasing trend towards decentralization in healthcare, with a focus on point of care testing and telemedicine, makes the case for automated systems more compelling.
In addition, as worldwide economies continue to focus on environmental protection, the expectation for energy-efficient and green automation equipment will increase. These changing demands underline the importance that automation in laboratories will have in these new environments marked by the constraint of being scalable, optimized, and productive.
Laboratory Automation Market Trends:
New trends appear in the automation of laboratories market, while some previously emerging trends start gaining more significance and can potentially change the ways laboratories work. One of such trends is the growth of interest towards systems that are fully comprehensive, ie those with an interface that integrates sophisticated analytics and an absence of human error because all easy tasks are automated. As the sector shifts its direction towards precision medicine, NGS and biomarker discovery get more and more “automated”. Another notable trend is the automation of laboratories becoming available for a wider audience as small laboratories and smaller research institutes are now able to afford and buy compact and cheaper automation tools that were restricted to large scale institutions in the past.
Another serous factor is ecology, with device manufacturers aiming at energy and resource efficient devices. Scaling up and deepening of manufacturing processes will allow on one hand improving manufacturability and lowers costs, while on the other, shifting the focus to usability and ease of use functions that will further drive the adoption of such instruments. Collectively, these trends indicate a future in which automation in laboratories will be necessary in order to pursue any upcoming scientific advancements.
Laboratory Automation Market Segmentation:
Breakup by Type:
Modular automation accounts for the majority of the market share.
Breakup by Equipment and Software Type:
Automated clinical laboratory systems hold the largest market share.
Breakup by End-User:
Biotechnology and pharmaceutical companies represent the leading market segment.
Breakup by Region:
North America leads the market, accounting for the largest laboratory automation market share.
Top Laboratory Automation Market Leaders:
About US:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
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