United States Laboratory Automation Market to Reach US$ 3,878.5 Million by 2028

According to the latest report by IMARC Group, titled "United States Laboratory Automation Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The United States laboratory automation market size reached US$ 2,552.8 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 3,878.5 Million by 2028, exhibiting a growth rate (CAGR) of 7.17% during 2023-2028.

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United States Laboratory Automation Market Outlook:

Laboratory automation involves the integration of technology, robotic systems, instruments, devices, software, and hardware to automate and optimize laboratory processes, tasks, and workflows. It is characterized by the utilization of robotic systems, integration of diverse laboratory instruments, software control for coordinating operations, and data management capabilities. It aids in minimizing human intervention with the goal of improving accuracy, productivity, and reproducibility in scientific research, experimentation, and analysis. Laboratory automation facilitates real-time analysis, process and screen large libraries of compounds, genomics and proteomics research, and handling of large volumes of experimental data.

United States Laboratory Automation Market Trends:

The market in the United States is primarily driven by the rising need for enhancing efficiency and accuracy in their operations. In line with this, continual technological advancements in lab equipment and processes resulting in intelligent sample handling, data management, and advanced analytics are providing an impetus to the market. Moreover, the integration of robotics, artificial intelligence (AI), and machine learning (ML) for minimizing human error and increasing throughput is also acting as a significant growth-inducing factor for the market.

In addition to this, the augmenting demand for large-scale screening of compounds, samples, and genetic materials for the fields of drug discovery and genomics is creating a positive market outlook. Some of the other factors contributing to the market include increasing complexity and data-intensive nature of lab research, stringent regulatory requirements regarding laboratory practices, and rising adoption of connected laboratory ecosystem.

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Key Market Segmentation:

Breakup by Type:

• Modular Automation
• Whole Lab Automation

Breakup by Equipment and Software Type:

Automated Clinical Laboratory Systems:

• Workstations
• LIMS (Laboratory Information Management Systems)
• Sample Transport Systems
• Specimen Handling Systems
• Storage Retrieval Systems

Automated Drug Discovery Laboratory Systems:

• Plate Readers
• Automated Liquid Handling Systems
• LIMS (Laboratory Information Management Systems)
• Robotic Systems
• Storage Retrieval Systems
• Dissolution Testing Systems

Breakup by End User:

• Biotechnology and Pharmaceutical Companies
• Hospitals and Diagnostic Laboratories
• Research and Academic Institutes

Breakup by Region:

• Northeast
• Midwest
• South
• West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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