Total Lab Automation Market Size (2024 - 2029)

Laboratory Automation Systems Market Analysis

The Total Lab Automation Market size is estimated at USD 6.23 billion in 2024, and is expected to reach USD 8.66 billion by 2029, growing at a CAGR of 6.82% during the forecast period (2024-2029).

Technological advancements and increasing pressure to deliver results have led to the use of automated systems in laboratories, driving the market. The adoption rate of automated systems has been growing due to their accuracy, advanced data management capacity, reduced repetitiveness, and reduced human intervention.

• Laboratory automation contains computerized lab instruments and gadgets, which give many advantages, such as expanded profitability, enhanced work process scope, reduced time cycle, and improved information quality. Lab automation is vital to handle large volumes of sample tests in less time.
• For instance, automated liquid handlers are widely adopted in lab automation since they drastically reduce the time for processing and minimize the scope for sample contamination by dispensing dead volumes very efficiently. Liquid handlers work on software using an integrated system, which customizes handling procedures with large transfer volumes.
• With users expecting an immersive experience integrated with the Internet of Things (IoT), industries are now more dependent on automation than ever before. The Internet of Things (IoT) explosion enabled everything to be connected wirelessly, including heating, badging, lighting, sample collection and testing, and security cameras. Robots are restocking shelves in the medical sector; in hospitals, lifesaving medical equipment is connected, whereas manufacturing connects heavy machinery. These applications will drive the studied market in the future.
• Furthermore, in November 2021, Automata announced the launch of Automata Labs, an accessible, worry-free laboratory workflow automation solution to empower life science labs to innovate and upscale at pace. It transforms labs of all shapes and sizes by providing scientists with accessible, flexible, and end-to-end lab automation.
• Laboratories are facing pressure to produce faster turnaround times while also reducing errors to enhance patient care and therefore are using automation and robotics pervasive in clinical laboratories. The high-end automation in instruments and modular systems offers an array of highly user-friendly features. Most instruments can be integrated with IT to maximize the benefits of laboratory automation, which offers mechanized solutions in each workflow phase in a lab.

Laboratory Automation Systems Industry Segmentation

Total Laboratory Automation (TLA) is a laboratory automation system to carry out very repetitive activities. Robotic equipment is used in place of human operators to prepare and transport specimens.

The Total Lab Automation Market is segmented by Type of Equipment (automated liquid handlers, automated plate handlers, robotic arms, automated storage and retrieval systems (ASRS), and analyzers), by software (laboratory information management systems (LIMS), laboratory information system (LIS), chromatography data system (CDS), electronic lab notebook (ELN), and scientific data management system (SDMS)), by application (drug discovery, genomics, proteomics, clinical diagnostics, other applications), and by geography (North America, Europe, Asia-Pacific, and Rest of the World). The report offers market forecasts and size in value (USD) for all the above segments.