Lab Automation Market is likely to be the fastest-growing segment with a CAGR of 6.64% over the forecast period

The global lab automation market size was estimated at USD 6.87 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.64% from 2023 to 2030. Laboratory automation utilizes a special kind of technology to streamline or substitute the manual manipulation of methods and equipment. Based on the laboratory workflow, the level and degree of automation are decided. The higher adoption of automated instruments is most often observed at academic and research institutes to bolster productivity and decrease the time spent on different time-consuming tasks.

In addition, the rising use of automated instruments for drug discovery and development purposes is further anticipated to propel the market growth during the forecast period. For instance, in June 2022, Insilico Medicine announced its plans to launch an automated AI-driven robotics laboratory for drug discovery.

Gather more insights about the market drivers, restrains and growth of the Global Lab Automation Market

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

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Segments Covered in the Report

Grand View Research has segmented the global lab automation market based on process, automation type, end-use, and region:

Lab Automation Process Outlook (Revenue, USD Million, 2018 - 2030)

Continuous Flow
- By Workflow
  - Sequential Processing
  - Parallel Processing
- By Components
  - Consumables
  - Equipment
- Discrete Processing
  - By Method
    - Centrifugal Discrete Processing
    - Random Access Discrete Processing
  - By Components
    - Consumables
    - Equipment
  - By Workflow
    - Dependent Analysis
    - Independent Analysis

Lab Automation Type Outlook (Revenue, USD Million, 2018 - 2030)

Total Automation Systems
- By Steps
  - Pre-analysis
    - Centrifugation
    - Sample Preparation
    - Sample Sorting
  - Transport Mechanisms
  - Liquid Handling
  - Sample Storage
  - Sample Analysis
- Modular Automation Systems
  - By Steps
    - Specimen Acquisition Identification Labelling
    - Transport Mechanisms
    - Sample Preparation
    - Sample Loading Aspiration
    - Reagent Handling Storage
    - Sample Analysis Measurements