Precision Medicine Propels The Genomics Lab Automation Growth: Core Growth Enabler in the Lab Automation In Genomics Market, 2025

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What Will the Lab Automation In Genomics Industry Market Size Be by 2025?
The market size of lab automation in genomics has experienced swift growth in recent years, expanding from $2.33 billion in 2024 to an anticipated $2.7 billion in 2025 with a compound annual growth rate (CAGR) of 16.0%. The historical growth in this market is linked to the heightened need for precision medicine, the rising complexity of genomic data, an increased emphasis on genomic research activities, elevated incorporation in clinical diagnostics, and the indispensable demand for scalability and flexibility.

What's the Long-Term Growth Forecast for the Lab Automation In Genomics Market Size Through 2029?
Anticipated to experience fast-paced expansion in the coming years, the lab automation in genomics market is forecasted to reach a value of $4.82 billion by 2029, growing at a compound annual growth rate (CAGR) of 15.6%. This growth anticipated in the forecast period is due to the proliferation of point-of-care testing, transition to cloud-based solutions, emphasis on real-time and continuous monitoring, the widening scope of precision agriculture, and the ascent of multi-omics integration. The forecast period is set to witness significant trends such as the incorporation of automated instruments, the implementation of lab automation systems, automated technologies, as well as cloud-based platforms.

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What Are the Key Growth Drivers Fueling the Lab Automation In Genomics Market Expansion?
As precision medicine becomes more accepted and practiced, it positively enhances the expansion of lab automation within the genomics market. Personalized healthcare, known as precision medicine, takes into account the unique characteristics and variations of an individual's genes, environment, and lifestyle, to provide a customized treatment plan. Due to several catalysts like genomics progression, specific treatments, centered patient care, and advancements in drug formulation, the demand for precision medicine is rapidly rising. An extensive array of genetic tests is needed for precision medicine to detect disease-related genes, requiring labs to handle and process a large number of samples quickly and efficiently, thus inducing the need for automated systems. For example, in February 2024, the FDA approved 16 new treatments tailored specifically to patients suffering from rare diseases, a significant increase from six in 2022, as reported by the Personalized Medicine Coalition, a non-profit organization based in the US. Consequently, the surging acceptance and implementation of precision medicine contribute significantly to the expansion of lab automation in the genomics market.

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What Are the Key Trends Driving Lab Automation In Genomics Market Growth?
Leading corporations in the lab automation within the genomics industry are concentrating on the creation of sophisticated solutions like automated whole genome sequencing (WGS) to significantly expedite genomics research, clinical diagnostics, and tailor-made medicine. Automated WGS involves sequencing a person's genome using high-capacity automated sequencing technologies. For example, in May 2023, US-based genomics testing corporation Clear Labs, Inc. rolled out Clear Dx. This innovative solution offers automated processing of samples, guaranteeing accurate and steady preparation and management of libraries for genomics. The automation of Clear Dx minimizes human inconsistencies, yielding reliability in sequencing and consequently, dependable and repeatable results. It simplifies the genome sequencing process, reducing manual intervention to a mere 30 minutes with a single touchpoint, hence, facilitating easy whole genome sequencing even without prior training.

How Is the Lab Automation In Genomics Market Segmented?
The lab automation in genomics market covered in this report is segmented -

1) By Type: Automated Liquid Handlers, Automated Plate Handlers, Robotic Arms, Automated Storage And Retrieval Systems, Other Types
2) By Process: Continuous Automation System, Modular Automation System
3) By Application: Hospitals And Private Labs, Biotech And Pharma, Academics And Research Institutes, Other Applications

Subsegments:
1) By Automated Liquid Handlers: Liquid Transfer Systems, Pipettin*g Robots
2) By Automated Plate Handlers: Plate Stacker Systems, Microplate Transport Systems
3) By Robotic Arms: Single-Axis Robotic Arms, Multi-Axis Robotic Arms
4) By Automated Storage And Retrieval Systems: Sample Storage Systems, Automated Retrieval Systems
5) By Other Types: Nucleic Acid Extraction Systems, Other Custom Automation Solutions

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Which Companies Are Leading the Charge in Lab Automation In Genomics Market Innovation?
Major companies operating in the lab automation in genomics market report are Pfizer Inc.; Robert Bosch GmbH; Johnson & Johnson; F. Hoffmann-La Roche Ltd.; Thermo Fisher Scientific Inc.; Novartis International AG; GlaxoSmithKline plc; Danaher Corporation; Becton, Dickinson and Company; Agilent Technologies Inc.; PerkinElmer Inc.; Bio-Rad Laboratories Inc.; Qiagen N.V.; Tecan Group Ltd.; Illumina Inc.; Hamilton Company; Promega Corporation; Oxford Nanopore Technologies Ltd.; Fluidigm Corporation; Gilson Incorporated

Which Regions Are Leading the Global Lab Automation In Genomics Market in Revenue?
North America was the largest region in the lab automation in genomics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the lab automation in genomics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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