Global Lab Automation In Bioanalysis Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Offering;

Equipment and Software.

By Analyzers;

Biochemistry Analyzers, Immuno-Based Analyzers, Hematology Analyzers, Cell Counters and Coagulometers.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn259511227 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Lab Automation In Bioanalysis Market (USD Million), 2021 - 2031

In the year 2024, the Global Lab Automation In Bioanalysis Market was valued at USD 6,030.12 million. The size of this market is expected to increase to USD 9,309.31 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.4%.

Laboratory automation has significantly transformed the realm of drug discovery over the years, primarily driven by two major influential factors: error reduction and cost efficiency. Additionally, automation has revolutionized the traditional drug discovery process by making it feasible to identify numerous targets through advancements in biotechnology and combinatorial technologies, which have fueled the expansion of compound collections.

Market vendors are focusing on both organic and inorganic growth strategies to remain competitive. For instance, Agilent Technologies has developed the Seahorse XF HS Mini Analyzer, the latest addition to the Seahorse XF platform, which offers superior data quality, workflow efficiency, and user experience. Cell metabolism, a critical determinant of cell fate, function, and fitness, is a key area of focus for such innovations.

Moreover, according to ClinicalTrials.gov, the total number of registered clinical studies as of March 2022 was 409,300. This heightened focus on research and development is expected to drive the demand for enhanced laboratory capabilities worldwide.

The outbreak of COVID-19 has further accelerated the demand for lab automation in bioanalysis. The need for extensive testing, tracing, and tracking of the virus has underscored the importance of automation, as diagnostic labs require advanced capabilities to process thousands of samples per day. This increased requirement for efficient and high-throughput testing solutions is driving the growth of the lab automation market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Offering
    2. Market Snapshot, By Analyzers
    3. Market Snapshot, By Region
  4. Global Lab Automation In Bioanalysis Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements and increasing R&D investments
        2. Growing demand for complex biopharmaceuticals
        3. Stringent regulatory requirements
      2. Restraints
        1. High initial investment costs
        2. Lack of skilled personnel
        3. Integration challenges
      3. Opportunities
        1. Growing demand for personalized medicine
        2. Advancements in cloud computing and big data analytics
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Lab Automation In Bioanalysis Market, By Offering, 2021 - 2031 (USD Million)
      1. Equipment
      2. Software
    2. Global Lab Automation In Bioanalysis Market, By Analyzers, 2021 - 2031 (USD Million)
      1. Biochemistry Analyzers
      2. Immuno-Based Analyzers
      3. Hematology Analyzers
      4. Cell Counters
      5. Coagulometers
    3. Global Lab Automation In Bioanalysis Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Thermo Fisher Scientific Inc
      2. Agilent Technologies
      3. Beckman Coulter Inc. (Danaher Corporation)
      4. Hamilton Company
  7. Analyst Views
  8. Future Outlook of the Market