Emerging Trends to Drive Laboratory Automation Systems Market Growth at 7.6% CAGR Through 2029

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Laboratory Automation Systems Market Size Growth Forecast: What to Expect by 2025?
The market size for laboratory automation systems has seen a consistent growth in recent years. It's projected to increase from $5.59 billion in 2024 to about $5.85 billion in 2025, with a compound annual growth rate (CAGR) of 4.7%. The growth observed in the past is primarily due to an increase in medical errors, an expanding number of healthcare facilities, economic progress in emerging markets, a boost in healthcare spending, and a rapidly aging population.

How Will the Laboratory Automation Systems Market Size Evolve and Grow by 2029?
Expectations are set high for remarkable expansion in the laboratory automation systems market over the upcoming years, with projections estimating a growth to $7.85 billion by 2029, backed by a compound annual growth rate (CAGR) of 7.6%. The forecasted growth is mainly attributed to rapid strides in technology, an increasing number of the elderly populace, a higher incidence of chronic illnesses, the COVID-19 pandemic, and the surging lifestyle diseases. Prominent trends for the projected period involve a greater emphasis on research and development investments, collaboration with artificial intelligence firms, partnerships with other market participants, the development of more efficient laboratory automation solutions, the inclusion of RFID technology, the introduction of new product launches and approvals, as well as support from government initiatives.

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What Drivers Are Propelling the Growth of Laboratory Automation Systems Market Forward?
The surge in demand for microbiology testing and the standardization of sample-collection tools for microbiology culture has stimulated the uptake of automated laboratory systems for culture-based laboratory tests in clinical microbiology. Traditional manual methods for culture-based microbiology laboratory tests are being swapped out for automated systems with the assistance of total laboratory automation. For instance, notable systems such as Becton Dickinson's Kiestra TLA, Copan's WASPLab, among others, facilitate total laboratory automation (TLA) for culture-based microbiology testing. This shift has the potential to impact lab efficiency, turnaround periods, and the collective quality of culture-based microbiology testing, thereby fueling the growth of the automated laboratory systems market.

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Which Emerging Trends Are Transforming the Laboratory Automation Systems Market in 2025?
Advancements in RFID technology are being increasingly embraced by hospital laboratories for their laboratory automation systems. It has been found to boost productivity and enhance product quality while simultaneously curbing technology costs, reducing errors, hastening sample delivery, and limiting human intervention. RFID, or Radio Frequency Identification technology, hinges on wireless communication for a comprehensive system of identification, incorporating a tag and a reader that communicates via radiofrequency. This technology shares similarities with barcode technology but demonstrates a greater advantage as it can execute various functions and actions without the necessity of human intervention. A typical RFID system comes with a transponder, transceiver, and a data processing unit to cater to the sophisticated identification and tracking needs in hospital laboratories. In automated lab systems, they use RFID tags that are attached to patient samples to facilitate identification and smart cards to store patient data in a monitoring workstation in the lab. Case in point, Mayo Clinic, a healthcare company, leveraged RFID-facilitated lab automation systems, which led to a considerable dip in errors by 70%, an uptick in efficiency and patient safety, and a close to halving (50%) of specimen turnaround time.

What Are the Key Segments in the Laboratory Automation Systems Market?
The laboratory automation systems market covered in this report is segmented -

1) By Type: Modular Automation, Total Lab Automation
2) By Equipment And Software: Automated Liquid Handling, Microplate Readers, Standalone Robots, Automated Storage, Retrieval
3) By Application: Drug Discovery, Clinical Diagnostics, Genomics Solutions, Proteomics Solutions, Others
4) By End User: Biotechnology And Pharmaceutical Industries, Research Institutes, Hospitals And Private Labs, Academic Institutes

Subsegments:
1) By Modular Automation: Robotic Systems for Sample Handling, Automated Liquid Handling Systems, Modular Sample Storage Systems
2) By Total Lab Automation: Integrated Workflow Systems, Fully Automated Laboratory Analyzers, Comprehensive Data Management Solutions

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Who Are the Key Players Shaping the Laboratory Automation Systems Market's Competitive Landscape?
Major companies operating in 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 Geographic Markets Are Powering Growth in the Laboratory Automation Systems Market?
North America was the largest region in the laboratory automation systems market in 2024. Western Europe was the second largest region in the global laboratory automation systems market analysis. The regions covered in the laboratory automation systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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