Lab Automation Market Is Projected To Grow Robustly By 2030 Lab Automation Industry The global

Rahul Nikade

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Lab Automation Market Is Projected To Grow Robustly By 2030

Lab Automation Industry

The global lab automation market is projected to attain a value of USD 11.60 billion by the year 2030, progressing at a compound annual growth rate (CAGR) of 6.64% throughout the forecast period, according to a recent report by Grand View Research, Inc. The growth of this market is largely driven by the increasing need to enhance operational efficiency and productivity in laboratories, coupled with the growing emphasis on cost-effectiveness. Additionally, ongoing technological advancements and the escalating complexity of laboratory workflows are further accelerating market development. Modern laboratories, which handle intricate processes and high-throughput workflows, are increasingly seeking advanced systems to simplify and optimize operations, thereby boosting demand for lab automation solutions.

One of the key factors propelling market expansion is the growing adoption of lab automation technologies to expedite laboratory procedures. For example, in clinical chemistry applications, several manual tasks—including solid-phase extraction, powder dosing, dilution to weight, sample extraction, and preparation for analysis—have been successfully automated. Similarly, in synthetic biology workflows, tasks such as DNA fragment assembly, culturing of host organisms, colony selection, final data acquisition, and subsequent analysis are now increasingly carried out by automated systems. This surge in application scope is anticipated to drive wider adoption of lab automation in the coming years.

Furthermore, the integration of lab automation systems with emerging digital technologies and enhanced connectivity is opening up new growth avenues for the market. The incorporation of cloud-based platforms and Laboratory Information Management Systems (LIMS) allows laboratories to monitor data in real time and facilitates efficient and seamless exchange of information. This not only enhances laboratory flexibility but also significantly improves overall operational efficiency. Recent product launches in the digital domain are expected to further accelerate market momentum. For instance, in December 2022, LabVantage Solutions, Inc. introduced a new LIMS platform designed to streamline laboratory processing and reduce operational costs, reflecting the industry's shift toward digitized, cost-efficient solutions.

In addition to technological innovation, the market is also being influenced by various strategic activities undertaken by key industry players, including product launches, partnerships, acquisitions, and facility expansions. These developments are expected to positively impact overall market growth. A notable example is QIAGEN’s launch of its EZ2 Connect MDx platform in January 2023, which supports automated sample processing in diagnostic laboratories. Another significant move came in April 2023, when Molgen acquired Synchron Lab Automation, a prominent provider of automated laboratory systems. This acquisition is expected to enhance Molgen’s capabilities in delivering advanced lab automation solutions tailored to the evolving needs of their clients.

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Lab Automation Market Segments Highlights:

The continuous flow segment held the largest revenue share of 56.93% in 2022, owing to the higher demand for continuous flow systems in industries and the surging adoption of continuous flow in laboratories for offering high-quality services
The modular automation systems segment dominated the market and accounted for the largest revenue share of 51.69% in 2022, attributed to the mix-and-match capabilities and flexibility capabilities offered by modular systems
Clinical chemistry analyzers end-use segment held the largest revenue share in 2022. Factors such as technological advancements, rising preference for automated laboratory instruments, and higher demand for advanced systems in clinical chemistry labs for sample handling, storage, and labeling are contributing to the largest revenue share of the segment
North America dominated the global market for lab automation with a revenue share of 35.76% in 2022, attributed to the presence of a well-established healthcare framework, and robust demand for advanced systems across laboratories

Lab Automation Market Report Segmentation

Grand View Research has segmented the global lab automation market based on process, automation type, end-use, and region:

Lab Automation Process Outlook (Revenue, USD Million, 2018 - 2030)

Continuous Flow
- By Workflow
  - Sequential Processing
  - Parallel Processing
- By Components
  - Consumables
  - Equipment
- Discrete Processing
  - By Method
  - By Components
  - By Workflow

Lab Automation Type Outlook (Revenue, USD Million, 2018 - 2030)