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How has the laboratory automation systems market size evolved in recent years?

The market size of laboratory automation systems has experienced substantial growth in recent years. It is projected to increase from $5.59 billion in 2024 to $5.89 billion in 2025, with a compound annual growth rate (CAGR) of 5.4%. Several contributing factors have played a role in this historical growth, including an increase in medical mistakes, expansion of healthcare facilities, economic development in up-and-coming markets, a rise in healthcare spending, and a swift increase in the senior population.

What are the predictions for the laboratory automation systems market size in the coming years?

It is anticipated that the immersion cooling fluids market will significantly expand in the upcoming years, reaching a staggering $3.34 billion by 2029 with a CAGR of 10.5%. This predicted growth during the forecast period is mainly due to the rising prevalence of 5G technology, a heightened emphasis on energy recovery, the expansion of the Internet of Things (IoT), an increased application range in quantum computing, and reinforced tech company collaborations. The forecast period is also expected to witness major trends such as hybrid cooling solutions, AI-powered management systems, bespoke immersion cooling solutions, solutions that do not require maintenance, and a stronger focus on aesthetics and design.

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What key factors are fueling the growth of the laboratory automation systems market?

The surge in demand for microbiology tests alongside the standardization of sample-collection devices for microbiology culture have propelled the uptake of automated systems in culture-based laboratory testing within clinical microbiology. The transition from manual methods to automated strategies for conducting culture-based microbiology lab examinations has been made possible with total laboratory automation. Leading systems like Becton Dickinson’s Kiestra TLA, Copan’s WASPLab, among others, facilitate total lab automation in culture-based microbiology testing. The ability to impact lab effectiveness, the duration to produce results, and the overall excellence of culture-based microbiology testing is spurring the growth of the automated laboratory systems market.

How is the global laboratory automation systems market divided into key segments?

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 firms paving the way for growth in the laboratory automation systems market?

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

Which trends are expected to transform the laboratory automation systems market?

Increasingly, hospital laboratories are incorporating RFID technology into their lab automation systems. This trend is driven by the enhanced productivity, superior product quality, reduced technology costs, minimized errors, expedited sample delivery, and diminished need for human intervention that this technology offers. The Radio Frequency Identification (RFID) technology is an automated identification system that relies on wireless communication, encompassing a tag and a reader that interact via radio frequency. While it shares similarities with bar code technology, it offers extra advantages like executing additional tasks and actions automatically without need for human involvement. An RFID system features a transponder, a transceiver, and a data processing unit to ensure improved identification and tracking in hospital labs. Lab automation systems with RFID utilise tags affixed to patient samples for identification, and smart cards to secure patients’ data, monitored under a workstation overseeing the lab process. A case in point is the Mayo Clinic, a healthcare organization which implemented RFID-facilitated lab automation systems leading to 70% reduction in mistakes, increased efficacy, enhanced patient safety, and halving specimen turnaround time.

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What regions are contributing significantly to the growth of 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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