Lab Automation Software Market was valued at USD 4.2 Billion in 2022 and is projected to reach USD 8.3 Billion by 2030, growing at a CAGR of 9.1% from 2024 to 2030.
The Lab Automation Software market has experienced significant growth from 2018 to 2022, driven by increasing demand for efficiency, precision, and cost-saving solutions in laboratories across various industries. The need for improved laboratory processes, data accuracy, and automated systems to streamline testing and analysis is pushing the demand for sophisticated automation software. In 2022, the global market for lab automation software was valued at approximately USD 5.8 billion and is expected to expand further with new technological advancements and adoption of AI and machine learning in lab environments.
During the period from 2018 to 2022, several key factors contributed to the growth of the lab automation software market. The healthcare and pharmaceutical sectors, in particular, drove substantial demand due to the need for automation in research and development processes. Moreover, the pandemic further accelerated the adoption of automation solutions as labs required remote operation capabilities, faster processing, and accurate results under strict conditions. Automation software not only enhanced data analysis but also reduced human error, improving both productivity and quality control in laboratory settings.
As we transition into 2023 and beyond, the lab automation software market is poised to experience an even more substantial shift. The demand for these solutions is projected to increase dramatically through 2033, fueled by advancements in artificial intelligence (AI), machine learning, and data analytics that continue to reshape laboratory practices. AI is particularly expected to provide a competitive edge, enabling laboratories to process vast amounts of data more efficiently while improving decision-making processes. The growing interest in biopharma and diagnostic applications further reinforces the market's future growth potential.
The increasing trend towards remote monitoring and control of laboratory processes is another factor driving the market expansion. This has led to increased investments from both small startups and established players in developing comprehensive lab automation systems, including robotics, advanced data tracking, and cloud-based solutions. The shift towards sustainability and environmentally friendly practices will also encourage more labs to implement automation to reduce waste and energy consumption.
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Thermo Fisher Scientific
Siemens
Danaher
Roche
Becton Dickinson
Agilent Technologies
Tecan
Perkinelmer
Bio-Rad Laboratories
Eppendorf
Shimadzu Corporation
Synchron Lab Automation
LabWare
Labman
Softlinx
Hudson Robotics
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Lab Automation Software Market
Drug Discovery and Development
Clinical Diagnostics
Genomics
Proteomics
Others
Based on Types the Market is categorized into Below types that held the largest Lab Automation Software market share In 2023.
Laboratory Information System (LIS)
Chromatography Data System (CDS)
Electronic Lab Notebook (ELN)
Scientific Data Management System (SDMS)
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Lab Automation Software Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Lab Automation Software Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Lab Automation Software Market, By Type
6. Global Lab Automation Software Market, By Application
7. Global Lab Automation Software Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Lab Automation Software Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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