Press release
Laboratory Automation Systems Market: Growth Drivers & Prominent Trends with a CAGR of 5.4% by 2025, Surging to 8.1% by 2029
Laboratory Automation Systems Market
What Is The Projected Market Size Of The Global Laboratory Automation Systems Market And Its Growth Rate?
The global market for laboratory automation systems demonstrates a robust growth trajectory:
• The market is set to escalate from $5.59 billion in 2024 to $5.89 billion in 2025 (5.4% CAGR) propelled by factors such as increased medical errors, growth of healthcare facilities, and economic growth in emerging markets.
• The anticipated market value by 2029 is $8.03 billion, growing at 8.1% CAGR, driven by technological advancements, increasing prevalence of chronic diseases, and a rising aging population.
What Is Driving The Growth In The Laboratory Automation Systems Market?
The rise of microbiology testing and standardization of sample-collection devices has spurred the adoption of laboratory automation systems, replacing manual methods with automated processes. Systems such as Becton Dickinson's Kiestra TLA, Copan's WASPLab and others have enabled total laboratory automation leading to improved efficiency, turnaround time and overall quality of culture-based microbiology testing, thus driving the market growth for automated laboratory systems.
[Request A Free Sample Copy](https://www.thebusinessresearchcompany.com/sample.aspx?id=2560&type=smp)
Who Are the Key Players Driving Laboratory Automation Systems Market Growth?
The key players influencing 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.
What Are The Key Trends In The Laboratory Automation Systems Market?
Key trends impacting the market include:
• Increased focus on investing in research and development
• Collaborations with artificial intelligence companies
• Partnership with other market players
• Efficiency driven laboratory automation solutions
• Incorporation of RFID technology
• New product launches and approvals
• Aid from government initiatives.
What Are The Segments Of The Global Laboratory Automation Systems Market?
The global market for Laboratory Automation Systems is segmented as follows:
• By Type: Modular Automation, Total Lab Automation
• By Equipment And Software: Automated Liquid Handling, Microplate Readers, Standalone Robots, Automated Storage, Retrieval
• By Application: Drug Discovery, Clinical Diagnostics, Genomics Solutions, Proteomics Solutions, Others
• By End User: Biotechnology And Pharmaceutical Industries, Research Institutes, Hospitals And Private Labs, Academic Institutes.
Which Region Leads The Laboratory Automation Systems Market?
North America was the largest region in the laboratory automation systems market in 2024, closely followed by Western Europe. The regions analysed in the laboratory automation systems market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
[Pre-book the Report for Swift Delivery](https://www.thebusinessresearchcompany.com/report/laboratory-automation-systems-global-market-report)
What Is Covered In The Laboratory Automation Systems Market Global Market Report?
• Market Size Analysis: Analyze the Laboratory Automation Systems Market size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the Laboratory Automation Systems Market for effective categorization.
• Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall Laboratory Automation Systems Market growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the Laboratory Automation Systems Market.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
[Request Customization for This Report](https://www.thebusinessresearchcompany.com/customise?id=2560&type=smp)
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
• LinkedIn: https://in.linkedin.com/company/the-business-research-company
• Twitter: https://twitter.com/tbrc_info
• YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company offers comprehensive, data-rich research and insights across 27 industries, covering 60+ geographies with more than 15,000 reports. Aided by 1,500,000 datasets, in-depth secondary research, and unique insights from industry leaders, TBRC equips you with the information you need to stay ahead. Our flagship product, the Global Market Model (GMM), is a market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Laboratory Automation Systems Market: Growth Drivers & Prominent Trends with a CAGR of 5.4% by 2025, Surging to 8.1% by 2029 here
News-ID: 3836077 • Views: …
More Releases from The Business research company
Unlocking Opportunities in the Tyrosine Kinase Inhibitors Market: 2025-2034 Fore …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Tyrosine Kinase Inhibitors Industry Market Size Be by 2025?
The market for tyrosine kinase inhibitors has seen robust growth in recent times. The market is predicted to expand from $58.03 billion in 2024 to $62.66 billion in 2025, marking a compound annual growth rate (CAGR) of…
Sustained Release Excipients Market Advances With Product Innovation Industry Tr …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Sustained Release Excipients Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the market size of sustained release excipients has seen significant growth. It's projected to increase from $1.4 billion in 2024 to $1.51 billion in 2025, exhibiting a Compound Annual Growth Rate…
Surge In Cancer Cases Fuels Expansion Of The RNA-Targeting Small Molecule Therap …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the RNA Targeting Small Molecules Therapeutics Market Size By 2025?
In recent years, the market size of RNA targeting small molecules therapeutics has witnessed substantial growth. The market, which is estimated to be worth $6.1 billion in 2024, is projected to increase to $7.83 billion in…
Surge In Autoimmune Diseases Fuels Remicade Biosimilar Market Growth Emerges as …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Remicade Biosimilar Market Through 2025?
In recent times, we've seen significant expansion in the remicade biosimilar market. Projected growth from 2024's $3.95 billion to $4.89 billion in 2025 indicates a compound annual growth rate (CAGR) of 23.8%. This rise during the historic…
More Releases for Lab
DNA Origami Market Top Players - GATTAquant DNA Technologies, Dietz Lab, ADINA R …
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global DNA Origami Market Size, Share & Trends Analysis Report By Type (Single-stranded Scaffold DNA, Folding Kits, Staple Strand Oligos), By Structure (Static, Active), By Application (Nanorobots and fluorescence studies, Enzyme-substrate studies)- Market Outlook And Industry Analysis 2034"
The Global DNA Origami Market is estimated to reach over 118.91 Billion by the year 2034, exhibiting a CAGR…
Total Lab Automation Market Total Lab Automation Market
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Total Lab Automation Market - (By Application (Diagnostics, Genomic Solutions, Microbiology, Drug Discovery, Proteomic Solutions, Other Applications), By End-User (Pharmaceutical and Biotechnology Companies, Research and Diagnostic Laboratories, Other End-Users)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."
According to the latest research by InsightAce Analytic, the Global Total Lab Automation Market is valued at US$…
Lab Automation Market Report 2024 - Lab Automation Market Demand And Growth
"The Business Research Company recently released a comprehensive report on the Global Lab Automation Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, The lab automation market size…
Revolutionizing Lab Efficiency: MKE Lab Introduces Advanced Laboratory Centrifug …
MKE Lab is proud to unveil its latest extraordinary series of advanced laboratory centrifuges, designed to revolutionize laboratory efficiency and precision. The Extraordinary Series centrifuges by MKE Lab are designed with following unique features to enhance performance and efficiency:
Image: https://www.getnews.info/uploads/2e8ab872538be879892ed3e60852f606.png
Imported Compressor: Equipped with a high-quality imported compressor, these centrifuges offer rapid pre-cooling and more precise temperature control.
Data Traceability: Featuring a data traceability function with an external USB interface, the centrifuges…
Lab Workflow Optimization Market Optimizing the Lab: Exploring Efficiency in Eve …
Global Lab Workflow Optimization Market to Record an Exponential CAGR by 2031 - Exclusive Report by InsightAce Analytic
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Lab Workflow Optimization Market- (By Type of Solution (Laboratory Information Management Systems (LIMS), Electronic Lab Notebooks (ELN), Laboratory Automation Systems, Scientific Data Management Systems (SDMS), Laboratory Execution Systems (LES), Inventory Management Systems, and Others),
By End User (Pharmaceutical…
Medical Lab Software
Latest Research Study on Medical Lab Software Market published by AMA, offers a detailed overview of the factors influencing the global business scope. Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors, Challenges and Current Scenario Analysis of the Medical Lab Software.
Major Players in This Report…
