Lab Automation Market Growth & Trends
The global lab automation market size is expected to reach USD 11.60 billion by 2030, registering a CAGR of 6.64% during the forecast period, according to a new report by Grand View Research, Inc. Factors such as increasing demand for higher efficiency & productivity coupled with the rising need for cost reduction are driving the growth. Moreover, technological advancements and the growing complexity of laboratory workflows are further contributing to the market expansion. For instance, advanced and modern labs deal with numerous complex processes and high throughput workflows, thus, to simplify such complex processes advanced lab systems are in high demand from laboratories.
The rising application of lab automation for speeding up laboratory processes is one of the major factors contributing to market expansion. For instance, Clinical chemistry applications have been replaced by lab automation for tasks such as solid-phase extraction, powder dosing, dilution to weight, sample extraction, and sample preparation for analysis. Similarly, for synthetic biology workflow processes, tasks such as DNA fragment construction, the culture of the host organism, colony selection, final data collection, and analysis have been replaced by automated processes. Therefore, an increase in the number of applications is expected to fuel their adoption in the coming years.
Moreover, the rising integration of lab automation with advanced digitalization and connectivity trends is likely to offer significant growth opportunities for the market in the coming years. Integration of advanced laboratory equipment with cloud-based platforms, and LIMS platforms allow real-time data monitoring, and convenient data exchange for better flexibility and efficiency. Also, recent digital product introductions are anticipated to offer more traction for the market over the forecast period. For instance, in December 2022 LabVantage Solutions, Inc. launched its new LIMS platform to help labs process faster and lower the overall cost of the process.
Furthermore, various organic and inorganic developments done by market players in term of new launches, collaborations, acquisitions, and new facility expansions are likely to have a positive impact on market growth. For instance, in January 2023 QIAGEN launched its new EZ2 connect MDX platform for automatic sample processing in diagnostic laboratories. Similarly, in April 2023 Molgen acquired Synchron lab automation, a leader in lab automated systems. This acquisition helped Molgen to efficiently build advanced automated solutions for its customers.
Lab Automation Market Report 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
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.2.1. Information Analysis
- 1.2.2. Market Formulation & Data Visualization
- 1.2.3. Data Validation & Publishing
- 1.3. Research Assumptions
- 1.4. Information Procurement
- 1.5. Information or Data Analysis
- 1.6. Market Formulation & Validation
- 1.7. Market Model
- 1.8. Global Market: CAGR Calculation
- 1.9. Objective
- 1.9.1. Objective 1
- 1.9.2. Objective2
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related/Ancillary Market Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.1.1. Advantages offered by lab automation
- 3.2.1.2. Increasing demand for miniaturization
- 3.2.1.3. Rising applications of lab automation
- 3.2.2. Market Restraint Analysis
- 3.2.2.1. Low uptake in small and medium-sized laboratories
- 3.3. Industry Analysis Tools
- 3.3.1. Porter's Five Forces Analysis
- 3.3.2. PESTEL Analysis
- 3.3.3. COVID-19 Impact Analysis
Chapter 4. Process Business Analysis
- 4.1. Lab Automation Market: Process Movement Analysis
- 4.2. Continuous Flow
- 4.2.1. Continuous Flow Market, 2018 - 2030 (USD Million)
- 4.2.2. By Workflow
- 4.2.2.1. Workflow Market, 2018 - 2030 (USD Million)
- 4.2.2.1.1. Sequential Processing
- 4.2.2.1.1.1. Sequential Processing Market, 2018 - 2030 (USD Million)
- 4.2.2.1.2. Parallel Processing
- 4.2.2.1.2.1. Parallel Processing Market, 2018 - 2030 (USD Million)
- 4.2.3. By Components
- 4.2.3.1. Components Market, 2018 - 2030 (USD Million)
- 4.2.3.1.1. Consumables
- 4.2.3.1.1.1. Consumables Market, 2018 - 2030 (USD Million)
- 4.2.3.1.2. Equipment
- 4.2.3.1.2.1. Equipment Market, 2018 - 2030 (USD Million)
- 4.3. Discrete Processing
- 4.3.1. Discrete Processing Market, 2018 - 2030 (USD Million)
- 4.3.2. By Method
- 4.3.2.1. Method Market, 2018 - 2030 (USD Million)
- 4.3.2.1.1. Centrifugal Discrete Processing
- 4.3.2.1.1.1. Centrifugal Discrete Processing Market, 2018 - 2030 (USD Million)
- 4.3.2.1.2. Random Access Discrete Processing
- 4.3.2.1.2.1. Random Access Discrete Processing Market, 2018 - 2030 (USD Million)
- 4.3.3. By Components
- 4.3.3.1. Components Market, 2018 - 2030 (USD Million)
- 4.3.3.1.1. Consumables
- 4.3.3.1.1.1. Consumables Market, 2018 - 2030 (USD Million)
- 4.3.3.1.2. Equipment
- 4.3.3.1.2.1. Equipment Market, 2018 - 2030 (USD Million)
- 4.3.4. By Workflow
- 4.3.4.1. Workflow Market, 2018 - 2030 (USD Million)
- 4.3.4.1.1. Dependent Analysis
- 4.3.4.1.1.1. Dependent Analysis Market, 2018 - 2030 (USD Million)
- 4.3.4.1.2. Independent Analysis
- 4.3.4.1.2.1. Independent Analysis Market, 2018 - 2030 (USD Million)
Chapter 5. Automation Type Business Analysis
- 5.1. Lab Automation Market: Automation Type Movement Analysis
- 5.2. Total Automation
- 5.2.1. Total Automation Market, 2018 - 2030 (USD Million)
- 5.2.2. By Steps
- 5.2.2.1. Steps Market, 2018 - 2030 (USD Million)
- 5.2.2.1.1. Pre-analysis
- 5.2.2.1.1.1. Pre-analysis Market, 2018 - 2030 (USD Million)
- 5.2.2.1.1.1.1. Centrifugation
- 5.2.2.1.1.1.1.1. Centrifugation Market, 2018 - 2030 (USD Million)
- 5.2.2.1.1.1.2. Sample Preparation
- 5.2.2.1.1.1.2.1. Sample Preparation Market, 2018 - 2030 (USD Million)
- 5.2.2.1.1.1.3. Sample Sorting
- 5.2.2.1.1.1.3.1. Sample Sorting Market, 2018 - 2030 (USD Million)
- 5.2.2.1.2. Transport Mechanisms
- 5.2.2.1.2.1. Transport Mechanisms Market, 2018 - 2030 (USD Million)
- 5.2.2.1.3. Liquid Handling
- 5.2.2.1.3.1. Liquid Handling Market, 2018 - 2030 (USD Million)
- 5.2.2.1.4. Sample Storage
- 5.2.2.1.4.1. Sample Storage Market, 2018 - 2030 (USD Million)
- 5.2.2.1.5. Sample Analysis
- 5.2.2.1.5.1. Sample Analysis Market, 2018 - 2030 (USD Million)
- 5.3. Modular Automation System
- 5.3.1. Modular Automation System Market, 2018 - 2030 (USD Million)
- 5.3.2. By Steps
- 5.3.2.1. Steps Market, 2018 - 2030 (USD Million)
- 5.3.2.1.1. Specimen Acquisition & Identification & Labelling
- 5.3.2.1.1.1. Specimen Acquisition & Identification & Labelling Market, 2018 - 2030 (USD Million)
- 5.3.2.1.2. Transport Mechanisms
- 5.3.2.1.2.1. Transport Mechanisms Market, 2018 - 2030 (USD Million)
- 5.3.2.1.3. Sample Preparation
- 5.3.2.1.3.1. Sample Preparation Market, 2018 - 2030 (USD Million)
- 5.3.2.1.4. Sample Loading & Aspiration
- 5.3.2.1.4.1. Sample Loading & Aspiration Market, 2018 - 2030 (USD Million)
- 5.3.2.1.5. Reagent Handling & Storage
- 5.3.2.1.5.1. Reagent Handling & Storage Market, 2018 - 2030 (USD Million)
- 5.3.2.1.6. Sample Analysis & Measurements
- 5.3.2.1.6.1. Sample Analysis & Measurements Market, 2018 - 2030 (USD Million)
Chapter 6. End-use Business Analysis
- 6.1. Lab Automation Market: End-use Movement Analysis
- 6.2. Clinical Chemistry Analysis
- 6.2.1. Clinical Chemistry Analysis Market, 2018 - 2030 (USD Million)
- 6.3. Photometry & Fluorometry
- 6.3.1. Photometry & Fluorometry Market, 2018 - 2030 (USD Million)
- 6.4. Immunoassay Analysis
- 6.4.1. Immunoassay Analysis Market, 2018 - 2030 (USD Million)
- 6.5. Electrolyte Analysis
- 6.5.1. Electrolyte Analysis Market, 2018 - 2030 (USD Million)
- 6.6. Other End-uses
- 6.6.1. Other End-uses Market, 2018 - 2030 (USD Million)
Chapter 7. Regional Business Analysis
- 7.1. Lab Automation Market Share, By Region, 2022 & 2030
- 7.2. North America
- 7.2.1. SWOT Analysis
- 7.2.2. North America Lab Automation Market, 2018 - 2030 (USD Million)
- 7.2.3. U.S.
- 7.2.3.1. Key Country Dynamics
- 7.2.3.2. Competitive Scenario
- 7.2.3.3. U.S. Lab Automation Market, 2018 - 2030 (USD Million)
- 7.2.4. Canada
- 7.2.4.1. Key Country Dynamics
- 7.2.4.2. Competitive Scenario
- 7.2.4.3. Canada Lab Automation Market, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. SWOT Analysis
- 7.3.2. Europe Lab Automation Market, 2018 - 2030 (USD Million)
- 7.3.3. UK
- 7.3.3.1. Key Country Dynamics
- 7.3.3.2. Competitive Scenario
- 7.3.3.3. UK Lab Automation Market, 2018 - 2030 (USD Million)
- 7.3.4. Germany
- 7.3.4.1. Key Country Dynamics
- 7.3.4.2. Competitive Scenario
- 7.3.4.3. Germany Lab Automation Market, 2018 - 2030 (USD Million)
- 7.3.5. France
- 7.3.5.1. Key Country Dynamics
- 7.3.5.2. Competitive Scenario
- 7.3.5.3. France Lab Automation Market, 2018 - 2030 (USD Million)
- 7.3.6. Italy
- 7.3.6.1. Key Country Dynamics
- 7.3.6.2. Competitive Scenario
- 7.3.6.3. Italy Lab Automation Market, 2018 - 2030 (USD Million)
- 7.3.7. Spain
- 7.3.7.1. Key Country Dynamics
- 7.3.7.2. Competitive Scenario
- 7.3.7.3. Spain Lab Automation Market, 2018 - 2030 (USD Million)
- 7.3.8. Denmark
- 7.3.8.1. Key Country Dynamics
- 7.3.8.2. Competitive Scenario
- 7.3.8.3. Denmark Lab Automation Market, 2018 - 2030 (USD Million)
- 7.3.9. Sweden
- 7.3.9.1. Key Country Dynamics
- 7.3.9.2. Competitive Scenario
- 7.3.9.3. Sweden Lab Automation Market, 2018 - 2030 (USD Million)
- 7.3.10. Norway
- 7.3.10.1. Key Country Dynamics
- 7.3.10.2. Competitive Scenario
- 7.3.10.3. Norway Lab Automation Market, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. SWOT Analysis
- 7.4.2. Asia Pacific Lab Automation Market, 2018 - 2030 (USD Million)
- 7.4.3. Japan
- 7.4.3.1. Key Country Dynamics
- 7.4.3.2. Competitive Scenario
- 7.4.3.3. Japan Lab Automation Market, 2018 - 2030 (USD Million)
- 7.4.4. China
- 7.4.4.1. Key Country Dynamics
- 7.4.4.2. Competitive Scenario
- 7.4.4.3. China Lab Automation Market, 2018 - 2030 (USD Million)
- 7.4.5. India
- 7.4.5.1. Key Country Dynamics
- 7.4.5.2. Competitive Scenario
- 7.4.5.3. India Lab Automation Market, 2018 - 2030 (USD Million)
- 7.4.6. Australia
- 7.4.6.1. Key Country Dynamics
- 7.4.6.2. Competitive Scenario
- 7.4.6.3. Australia Lab Automation Market, 2018 - 2030 (USD Million)
- 7.4.7. Thailand
- 7.4.7.1. Key Country Dynamics
- 7.4.7.2. Competitive Scenario
- 7.4.7.3. Thailand Lab Automation Market, 2018 - 2030 (USD Million)
- 7.4.8. South Korea
- 7.4.8.1. Key Country Dynamics
- 7.4.8.2. Competitive Scenario
- 7.4.8.3. South Korea Lab Automation Market, 2018 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. SWOT Analysis
- 7.5.2. Latin America Lab Automation Market, 2018 - 2030 (USD Million)
- 7.5.3. Brazil
- 7.5.3.1. Key Country Dynamics
- 7.5.3.2. Competitive Scenario
- 7.5.3.3. Brazil Lab Automation Market, 2018 - 2030 (USD Million)
- 7.5.4. Mexico
- 7.5.4.1. Key Country Dynamics
- 7.5.4.2. Competitive Scenario
- 7.5.4.3. Mexico Lab Automation Market, 2018 - 2030 (USD Million)
- 7.5.5. Argentina
- 7.5.5.1. Key Country Dynamics
- 7.5.5.2. Competitive Scenario
- 7.5.5.3. Argentina Lab Automation Market, 2018 - 2030 (USD Million)
- 7.6. MEA
- 7.6.1. SWOT Analysis
- 7.6.2. MEA Lab Automation Market, 2018 - 2030 (USD Million)
- 7.6.3. South Africa
- 7.6.3.1. Key Country Dynamics
- 7.6.3.2. Competitive Scenario
- 7.6.3.3. South Africa Lab Automation Market, 2018 - 2030 (USD Million)
- 7.6.4. Saudi Arabia
- 7.6.4.1. Key Country Dynamics
- 7.6.4.2. Competitive Scenario
- 7.6.4.3. Saudi Arabia Lab Automation Market, 2018 - 2030 (USD Million)
- 7.6.5. UAE
- 7.6.5.1. Key Country Dynamics
- 7.6.5.2. Competitive Scenario
- 7.6.5.3. UAE Lab Automation Market, 2018 - 2030 (USD Million)
- 7.6.6. Kuwait
- 7.6.6.1. Key Country Dynamics
- 7.6.6.2. Competitive Scenario
- 7.6.6.3. Kuwait Lab Automation Market, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Strategy Mapping
- 8.3. Company Market Position Analysis, 2022
- 8.4. Company Profiles/Listing
- 8.4.1. QIAGEN
- 8.4.1.1. Overview
- 8.4.1.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 8.4.1.3. Product Benchmarking
- 8.4.1.4. Strategic Initiatives
- 8.4.2. PerkinElmer Inc.
- 8.4.2.1. Overview
- 8.4.2.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 8.4.2.3. Product Benchmarking
- 8.4.2.4. Strategic Initiatives
- 8.4.3. Thermo Fisher Scientific, Inc.
- 8.4.3.1. Overview
- 8.4.3.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 8.4.3.3. Product Benchmarking
- 8.4.3.4. Strategic Initiatives
- 8.4.4. Siemens Healthcare GmbH
- 8.4.4.1. Overview
- 8.4.4.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 8.4.4.3. Product Benchmarking
- 8.4.4.4. Strategic Initiatives
- 8.4.5. Danaher
- 8.4.5.1. Overview
- 8.4.5.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 8.4.5.3. Product Benchmarking
- 8.4.5.4. Strategic Initiatives
- 8.4.6. Agilent Technologies, Inc.
- 8.4.6.1. Overview
- 8.4.6.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 8.4.6.3. Product Benchmarking
- 8.4.6.4. Strategic Initiatives
- 8.4.7. Eppendorf SE
- 8.4.7.1. Overview
- 8.4.7.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 8.4.7.3. Product Benchmarking
- 8.4.7.4. Strategic Initiatives
- 8.4.8. Hudson Robotics
- 8.4.8.1. Overview
- 8.4.8.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 8.4.8.3. Product Benchmarking
- 8.4.8.4. Strategic Initiatives
- 8.4.9. Aurora Biomed Inc.
- 8.4.9.1. Overview
- 8.4.9.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 8.4.9.3. Product Benchmarking
- 8.4.9.4. Strategic Initiatives
- 8.4.10. BMG LABTECH GmbH
- 8.4.10.1. Overview
- 8.4.10.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 8.4.10.3. Product Benchmarking
- 8.4.10.4. Strategic Initiatives
- 8.4.11. F. Hoffmann-La Roche Ltd
- 8.4.11.1. Overview
- 8.4.11.2. Financial Performance (Net Revenue/Sales/EBITDA/Gross Profit)
- 8.4.11.3. Product Benchmarking
- 8.4.11.4. Strategic Initiatives