2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

Which Primary Drivers Are Supporting the Continued Market Growth of theLaboratory Automation Systems Market?

The upsurge in microbiology testing demand and the standardization of microbiology culture’s sample-collection devices have spurred the utilization of automated laboratory systems for culture-based laboratory examinations in clinical microbiology. Traditional manual methods for culture-based microbiology lab tests are progressively being replaced by automated procedures through comprehensive laboratory automation. Renowned systems like Becton Dickinson’s Kiestra TLA, Copan’s WASPLab, among others, facilitate total laboratory automation (TLA) for culture-based microbiology examinations. The ability to impact lab efficiency, the speed of results and overall quality of culture-based microbiology testing promotes market growth for automated laboratory systems.

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#What is the Projected CAGR for the Laboratory Automation Systems Market Size from 2025 to 2034?

There has been a robust growth in the size of the laboratory automation systems market in the past few years. The market is expected to expand from a value of $5.59 billion in 2024 to an estimated value of $5.89 billion in 2025, indicating a compound annual growth rate (CAGR) of 5.4%. Multiple factors have contributed to this growth during the historical period, including an increase in medical mistakes, expansion of healthcare facilities, robust economic progression in emerging markets, heightened healthcare spending and accelerated growth in the elderly population.

The market size of laboratory automation systems is poised for considerable growth in the ensuing years, predicted to reach a staggering $8.03 billion by 2029, with a compound annual growth rate (CAGR) of 8.1%. Several factors can be credited for the growth projection in the forecast period, including rapid progress in technology, an increasing elderly population, a higher incidence of chronic diseases, the impact of COVID-19, and the rise in lifestyle-related diseases. Key trends expected during the forecast period encompass increased focus on research and development investments, collaborations with artificial intelligence firms, partnership strategies with other market players, development of more sophisticated laboratory automation solutions, applying RFID technology, rolling out new product launches and approvals, and availing support from government initiatives.

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How Are Consumer Market Innovations Shaping the Current and Future Landscape of theLaboratory Automation Systems Market?

There’s a growing trend in hospital laboratories towards employing RFID technology in laboratory automation systems due to its increased productivity, superior product quality, and lowered costs associated with the technology. This also leads to reduced errors, accelerated delivery of samples, and decreased need for human involvement. Radio Frequency Identification (RFID) technology is an automated identification system that uses wireless communication, composed of a tag and reader interacting via radio waves. Though similar to barcode technology, RFID has added advantages such as the ability to carry out more functions automatically, reducing the need for human input. The RFID system consists of a transponder, transceiver, and a data processing unit, allowing for advanced identification and tracking in hospital laboratories. These systems in laboratories utilize RFID tags affixed to patient samples for identification and smart cards to store patient data, all overseen by a workstation monitoring the lab processes. An example of this technology in use can be seen at Mayo Clinic, who implemented an RFID-based lab automation system which led to a 70% reduction in errors, improved efficiency and patient safety, and slashed sample turnaround times by half.

Who Are the Key Market Players Influencing the Growth of the Corn and Laboratory Automation Systems Industry?

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

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Which Key Market Segments Comprise the Laboratory Automation Systems Market and Drive Its Revenue Growth?

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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Which Regions Are Emerging as Leaders 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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