Comprehensive Analysis of the Lab Automation In Drug Discovery Market 2025-2034: Growth Rates, Trends, and Future Opportunities
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What fueled the previous growth in the Lab Automation In Drug Discovery market?
The market size for lab automation in drug discovery has witnessed significant growth in the past few years. The market value is expected to increase from $6.47 billion in 2024 to an anticipated $6.81 billion in 2025, following a compound annual growth rate (CAGR) of 5.3%. Factors contributing to this growth during the historic period include the escalating complexity of drug discovery, mounting demand for cost and efficiency optimisation, the expanding necessity for high-throughput screening, increasing labor costs, and a pressing need to hasten drug development timelines.
What will be the lab automation in drug discovery market size in the future?
We anticipate a robust expansion in the size of the lab automation in drug discovery market in the coming years. By 2029, the market is predicted to escalate to $8.4 billion at an annual compound growth rate (CAGR) of 5.4%. The growth in the predicted period can be connected to the expansion of drug pipelines in pharmaceutical firms, increase in bespoke medicine and precision therapeutics, escalating focus on uncommon diseases and orphan drugs, increasing demand for remote and decentralized clinical trials, and the emergence of microfluidic and lab-on-a-chip technologies. The forecast period will likely see a surge in modular and customizable automation solutions, the uptake of cloud-based platforms for data collaboration and management, growth of automation in budding markets, rise of digital virtual drug discovery firms using automation and advancement in standardized protocols and interoperable systems.
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What main drivers are fueling expansion in the lab automation in drug discovery market?
As precision medicine’s demand continues to surge, lab automation in the drug discovery market is set for significant expansion. Precision medicine or personalized medicine bases its prevention and treatment strategies on the unique variations in an individual’s genes, environment, and lifestyle. Through lab automation, research gets a speed boost, repeatability of experiments is enhanced, and the efficiency of precision medicine and drug discovery processes improves. As a result, more tailored and efficient drugs and diagnostics are developed for individual patients. Take, for example, the Personalized Medicine Coalition (PMC), a US-oriented entity advocating for personalized medicine understanding and uptake. They believe that by October 2022, the market will house over 75,000 genetic testing products and 300 personalized medications for a variety of conditions, including multiple cancer types, rare genetic diseases, and several chronic and infectious diseases. Therefore, the rising interest in precision medicine fuels lab automation’s growth in the drug discovery market.
What key areas define the segmentation of the global lab automation in drug discovery market?
The lab automation in drug discovery 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 Component: Instruments, Software, Services
3) By Application: High-Throughput Screening, Compound Management, Sample Preparation, Other Applications
4) By End-User: Biotechnology And Pharmaceutical Industries, Research Institutes, Other End-Users
Subsegments:
1) By Automated Liquid Handlers: Automated Liquid Handlers, Multi-Channel Pipettes, Reagent Dispensing Systems, Automated Titrators, Liquid Handling Workstations
2) By Automated Plate Handlers: Automated Plate Handlers, Microplate Stacker Systems, Plate Transportation Systems, Plate Sorting Systems
3) By Robotic Arms: Robotic Arms, Cartesian Robots, SCARA Robots, Articulated Robots, Delta Robots
4) By Automated Storage And Retrieval Systems (ASRS): Automated Storage and Retrieval Systems (ASRS), Vertical Lift Modules (VLM), Automated Guided Vehicles (AGVs), Carousel-Based Systems, High-Density Storage Systems
5) By Other Types: Automated Sample Preparation Systems, Laboratory Information Management Systems (LIMS), Microarray Processors, Automated Screening Systems
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Who are the dominant players expanding their reach in the lab automation in drug discovery market?
Major companies operating in the lab automation in drug discovery market are Thermo Fisher Scientific Inc., Abbott Diagnostics, Roche Holdings Inc., Beckman Coulter, Siemens Healthineers, Becton Dickinson and Company, Agilent Technologies Inc., PerkinElmer Inc., Endress+Hauser, Shimadzu Corporation, Waters Corporation, Bio-Rad Laboratories Inc., QIAGEN, Beckhoff Automation GmbH & Co. KG, Eppendorf AG, Tecan Group Ltd., Brooks Automation Inc., Hamilton Company, AbCellera Biologics Inc., Hudson Robotics Inc., OpenTrons Labworks Inc., Quanterix Corporation, The Technology Partnership, HighRes Biosolutions Inc., Biosero Inc., Peak Analysis and Automation Ltd., Aurora Biomed Inc., Arctoris, Inveox GmbH, Synthace, Synchron Lab Automation
How are evolving market trends shaping lab automation in drug discovery Strategies?
Leading firms within the lab automation in the drug discovery industry are shifting their attention towards the creation of cutting-edge solutions like rapid idea-to-data solutions to maintain a competitive advantage. Rapid idea-to-data solutions are streamlined processes or platforms that efficiently convert ideas or concepts into actionable information or data-driven outcomes. For example, Strateos Inc., a biotech firm located in the United States, rolled out a rapid idea-to-data solution aimed at small molecule discovery on its cloud lab automation-as-a-service platform in April 2022. This specialized lab automation tool is purposely built for small-molecule discovery during drug development. It is featured on the highly scalable Strateos Cloud Lab Automation-as-a-Service Platform, which integrates 23 robotic automation workcells and several hundred instruments. The platform supports the initial generation of lead compounds and their optimization through a software architecture enabling users to develop compounds of interest in cloud. These are then automatically composed and evaluated using a range of methodologies, including cell-based, biochemical and Structure-Activity Relationship (SAR) assessments.
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Which regions are emerging as leaders in the lab automation in drug discovery market?
North America was the largest region in the lab automation in drug discovery 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 drug discovery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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