The Lab Automation Market Growth is Accelerated by Need for Automation in Laboratories


 Lab automation equipment are systems designed to automate laboratory workflows and processes such as sample handling, analysis, and data management. They help reduce manual errors and improve workflow by increasing productivity and efficiency. The global lab automation market is estimated to be valued at US$ 4,903.9 Mn in 2023 and is expected to exhibit a CAGR of 4.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.


The need to minimize laboratory errors and reduce time consuming processes is driving the demand for automated systems in laboratories across the globe. Lab automation solutions help free lab technicians from repetitive, hazardous and manual tasks, enabling them to focus more on complex tasks. They ensure standardized, consistent and scalable processes that improve output quality, minimize risks and increase overall operational efficiency of laboratories.

Market key trends:

The growing need for automation in laboratories is one of the key trends propelling the growth of this market. With increasing volumes of tests and samples, manual handling has become inefficient and prone to errors. Laboratory automation systems help address these issues by streamlining workflows and integrating multiple instruments to enable high-throughput operations. They enhance productivity by reducing turnaround time and automating time consuming repetitive tasks. This allows labs to improve their capabilities and successfully meet the rising workload demands. The integrated solutions also ensure standardized processes for compliance with regulatory mandates. Their ability to minimize human errors while improving output makes lab automation an attractive proposition for research and clinical laboratories globally.

Segment Analysis
The global Lab Automation Market is dominated by the liquid handling sub segment. Liquid handling systems are high-demand lab automation systems owing to the wide usage of liquids in various laboratory processes like dispensing, dilution, transfer of reagents, samples etc. Liquid handling systems like automated liquid handlers help streamline processes like reagent and sample preparation thereby improving productivity and minimizing errors.

Key Takeaways
The global Lab Automation Market is expected to witness high growth over the forecast period of 2023 to 2030.

Regional Analysis: North America dominates the global Lab Automation Market currently. Growing pharmaceutical and biotechnology industries are driving increased need for automation solutions to enhance research capabilities in the region. The region is expected to continue dominating the market in coming years due to presence of major players and ongoing technology advancements. Asia Pacific is projected to be the fastest growing regional market owing to increasing investments by governments and companies in life science research activities. Rapid industrialization and economic development are also supporting market growth in Asia Pacific.

Key players: Key players operating in the Lab Automation Market are Tecan Trading AG, PerkinElmer Inc., Danaher, Thermo Fisher Scientific, QIAGEN, Agilent Technologies, Inc., Hamilton Company, COPAN Diagnostics Inc., Abbott, Merck KGaA, F. Hoffmann-La Roche Ltd, Siemens Healthcare Private Limited, UiPath, Porvair Sciences, SPT Labtech Ltd, Endress+Hauser Group Services AG, Automata, accroma, Molecular Devices, LLC, Beckman Coulter, Inc., BD, Reshape Biotech, and Peak Analysis & Automation. Tecan Trading AG and Thermo Fisher Scientific are recognized as the market leaders due to their wide range of liquid handling and plate handling solutions.

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