PUBLISHER: The Business Research Company | PRODUCT CODE: 1672446
PUBLISHER: The Business Research Company | PRODUCT CODE: 1672446
Laboratory automation systems involve the use of instruments to carry out laboratory tasks with minimal human involvement. Clinical laboratories benefit from laboratory automation, which helps standardize tests and improve efficiency.
The main equipment and software in laboratory automation systems include automated liquid handling, microplate readers, standalone robots, and automated storage and retrieval. Microplate readers are instruments used to measure biological, chemical, or physical reactions of analytes within the wells of a microplate. The types of laboratory automation systems include modular automation and total lab automation, and they find applications in drug discovery, clinical diagnostics, genomics solutions, proteomics solutions, and other areas. End users of laboratory automation systems include biotechnology and pharmaceutical industries, research institutes, hospitals, private labs, and academic institutes.
The laboratory automation systems market research report is one of a series of new reports from The Business Research Company that provides laboratory automation systems market statistics, including laboratory automation systems industry global market size, regional shares, competitors with a laboratory automation systems market share, detailed laboratory automation systems market segments, market trends and opportunities, and any further data you may need to thrive in the laboratory automation systems industry. This laboratory automation systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The laboratory automation systems market size has grown strongly in recent years. It will grow from $5.59 billion in 2024 to $5.89 billion in 2025 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to increase in medical errors, growth in the number of healthcare facilities, economic growth in emerging markets, a rise in healthcare expenditure and rapid growth in the elderly population.
The laboratory automation systems market size is expected to see strong growth in the next few years. It will grow to $8.03 billion in 2029 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to rapid technological advances, rising aging population, increasing prevalence of chronic diseases, COVID-19 and increase in lifestyle diseases will drive the growth. Major trends in the forecast period include emphasizing more on investing in research and development, collaborating with artificial intelligence companies, partnering with other players in the market, coming up with more efficient laboratory automation solutions, incorporating RFID technology, bringing new product launches and approvals and receiving aid from government initiatives.
The adoption of automated laboratory systems for culture-based laboratory testing in clinical microbiology has been driven by the increased demand for microbiology testing and the standardization of sample-collection devices. Manual methods for culture-based microbiology laboratory testing are being replaced by automated methods facilitated by total laboratory automation (TLA). Leading systems such as Becton Dickinson's Kiestra TLA, Copan's WASPLab, and others offer TLA for enhanced laboratory efficiency, reduced turnaround time, and improved overall quality in culture-based microbiology testing, thus contributing to the growth of the automated laboratory systems market.
The laboratory automation market is expected to experience growth propelled by the expanding pharmaceutical and biotechnology sectors. Factors such as medical advancements, an aging population, emerging diseases, drug innovation, increased R&D investment, and biomanufacturing are driving the growth of these industries. Laboratory automation finds widespread applications in these sectors, including sample preparation, liquid handling, cell culture, assay setup, drug formulation, and more. For instance, the annual turnover of Indian Pharmaceuticals in the fiscal year 2021-22 was $42.34 billion, with a growth rate of 4.82% compared to the previous year. Additionally, the United States announced a $40 million investment in September 2022 to enhance the role of biomanufacturing in pharmaceutical production. The increased growth of the pharmaceutical and biotechnology sectors is thus fueling the expansion of the laboratory automation market.
RFID technology is increasingly being adopted by hospital laboratories as part of laboratory automation systems due to its ability to enhance productivity, reduce costs, minimize errors, and expedite sample delivery. RFID technology, based on wireless communication, comprises a tag and a reader that communicate through radiofrequency. It outperforms bar code technology by performing additional functions automatically. RFID systems in hospital laboratories use tags for sample identification and smart cards for storing patients' data, leading to improved efficiency, patient safety, and reduced specimen turnaround time. For instance, Mayo Clinic achieved a 70% reduction in errors, increased efficiency, enhanced patient safety, and a 50% reduction in specimen turnaround time by adopting RFID-enabled laboratory automation systems.
Major companies in the laboratory automation market are introducing innovative technologies such as the Flex Robot to maintain a competitive edge. Engineered to provide a technologically advanced yet cost-effective automation platform for life scientists, the Flex Robot by Opentrons was launched in May 2023. The robot is designed to execute a broad range of experiments, including those formulated by large language models such as ChatGPT.
In December 2023, Hudson Robotics, Inc., a US-based technology firm specializing in automation solutions for laboratory environments, acquired Tomtec Inc. for an undisclosed sum. This acquisition is intended to enhance Hudson Robotics' product offerings, broaden its market presence, and reinforce its leadership position in laboratory automation solutions. Tomtec Inc. is a US-based technology company that produces automated liquid handling systems and other laboratory automation solutions.
Major companies operating in the laboratory automation systems market include Abbott Laboratories, Danaher Corporation, Thermo Fisher Scientific, Agilent Technologies, Inc., Tecan Group Ltd., PerkinElmer, Inc., F. Hoffmann-La Roche AG, QIAGEN N.V., Becton Dickinson and Company, Siemens AG, Brooks Automation, Inc., Hamilton Company, Eppendorf Ag, Biotek Instruments, Inc., Bee Robotics Ltd, Gilson Inc., Labware, Artificial, Intersystems, Biomerieux, Cerner Corporation, LTS Health, Omnia Health, Sysmex, Formulatrix, Beckman Coulter, Festo ZA
North America was the largest region in the laboratory automation systems market in 2024. Western Europe was the second largest region in the global laboratory automation systems market analysis. The regions covered in the laboratory automation systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the laboratory automation systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain
The laboratory automation systems market consists of sales of clinical laboratory machines, equipment, and instruments. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Laboratory Automation Systems Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on laboratory automation systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for laboratory automation systems ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The laboratory automation systems market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.