Discover trends, market shifts, and competitive outlooks for the lab automation in genomics industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

How Has The Lab Automation In Genomics Market Growth Evolved From 2024 To 2025, And What’s Ahead?

The size of the lab automation in genomics market has expanded swiftly in the previous years. Projected to rise from $2.33 billion in 2024 to $2.7 billion in 2025, it will experience a compound annual growth rate (CAGR) of 16.0%. Factors contributing to this historical growth include heightened demand for precision medicine, the escalating complexity of genomic data, greater emphasis on genomic research, larger engagement in clinical diagnostics, and the need for scalability and flexibility.

In the coming years, the lab automation in genomics market is anticipated to undergo rapid expansion. It is projected to grow to $4.82 billion by 2029, with a compound annual growth rate (CAGR) of 15.6%. This growth during the forecast period is believed to be driven by factors such as the spread of point-of-care testing, a shift towards cloud-based solutions, a focus on real-time and uninterrupted monitoring, the enlargement of precision agriculture, and the rise of multi-omics integration. The forecast period is also likely to see key trends like the increased adoption of automated instruments, lab automation systems, automated technologies, and cloud-based platforms.

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What are the Fundamental Drivers and Innovations Shaping the Lab Automation In Genomics Market?

The expansion of lab automation in the genomics market is anticipated to gain momentum owing to the increasing embrace of precision medicine. This health care strategy is tailored to the individual, accounting for unique variations in genetics, environment, and lifestyle to provide customized medical treatments. The surge in demand for precision medicine can be attributed to various elements such as the development in genomics, targeted therapies, patient-centric care, and drug creation. In order to determine disease-related genes, precision medicine necessitates numerous genetic tests. This necessitates labs to process many samples swiftly and accurately, leading to the increased uptake of automated systems. For example, it was reported by the Personalized Medicine Coalition, an American non-profit entity, in February 2024, that the FDA gave the green light to 16 innovative personalized therapies for patients suffering from rare diseases in 2023. This is a substantial increase from just six approvals in 2022. Hence, the growing espousal of precision medicine is propelling the expansion of lab automation in the genomics market.

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, Pipetting 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 Regions Are Driving the Next Phase of the Lab Automation In Genomics Market Growth?

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.

What Key Trends Are Shaping the Future of the Lab Automation In Genomics Market?

Prominent firms functioning in the genomics sector of laboratory automation are making strides in creating cutting-edge solutions like automated whole genome sequencing (WGS). This technology plays a crucial role in enhancing genomics research, clinical diagnostics, and individualized treatment strategies. Automated WGS refers to analyzing an individual’s genome using high-output, mechanized sequencing technologies. For instance, Clear Labs, Inc., a genomics testing enterprise based in the U.S., introduced Clear Dx in May 2023. This innovative solution offers fully mechanized specimen processing, ensuring accuracy and uniformity in library preparation and management for genomics. Clear Dx automation minimizes human inconsistency and assures homogeneousness throughout sequencing, leading to reliable and repeatable results. This simplifies genome sequencing, decreasing manual intervention time to a mere 30 minutes with a single touch point, which allows for effortless whole genome sequencing even without specialized training.

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How Is the Lab Automation In Genomics Market Defined and What Are Its Core Parameters?

Lab automation in genomics refers to the use of advanced technologies and systems to streamline and automate various laboratory processes involved in genomic research and analysis. Lab automation in genomics aims to improve the efficiency, accuracy, and reproducibility of genomic research by reducing manual errors, increasing throughput, and accelerating data analysis.

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