The Lab Automation In Drug Discovery Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Lab Automation In Drug Discovery Market?
The market size of lab automation in drug discovery has experienced significant growth lately. It's projected to increase from $6.47 billion in 2024 to $6.81 billion in 2025, with a compound annual growth rate (CAGR) of 5.3%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Lab Automation In Drug Discovery Industry?
The Lab Automation In Drug Discovery Global Market Report projects that by 2029, this market will grow to a size of $8.4 billion, with a compound annual growth rate (CAGR) of 5.4%.
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What are the Key Growth Drivers Fueling the Lab Automation In Drug Discovery Market?
The key drivers in the lab automation in drug discovery market are:
• Expanding drug pipelines of pharmaceutical companies
• Increase in personalized medicine and precision therapeutics
• Rising focus on rare diseases and orphan drugs
• Emergence of microfluidics and lab-on-a-chip technologies
Global Market Segmentation: Identifying Major Lab Automation In Drug Discovery Industry Segments
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
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What are the Emerging Trends Shaping the Future of the Lab Automation In Drug Discovery Market?
The key trends in the lab automation in drug discovery market are:
• The market will witness a widespread adoption of modular and customizable automation solutions.
• Cloud-based platforms for data management and collaboration are emerging as a significant trend.
• The market is experiencing growth in automation within emerging markets.
• The rise of virtual drug discovery companies leveraging automation and digital technologies is shaping the future of the market.
Who Are the Top Competitors & Leading Players in the Lab Automation In Drug Discovery Market?
Major companies 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
Regional Dominance: Which Area Leads the Global Lab Automation In Drug Discovery Market?
North America was the largest region in the lab automation in drug discovery market in 2024
