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

By Equipment;

Automated Liquid Handlers, Automated Plate Handlers, Robotic Arms, Automated Storage and Retrieval Systems (AS/RS) and Vision Systems.

By End User ;

Biotechnology and Pharmaceutical Companies ,Hospital and Diagnostic Laboratories ,Research and Academic Institutes ,Forensic Laboratories, Environmental and Testing Laboratories, Food and Beverage Industry.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn230286969 Published Date: March, 2025 Updated Date: April, 2025

Introduction

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

In the year 2024, the Global Lab Automation In Genomics Market was valued at USD 5,812.76 million. The size of this market is expected to increase to USD 8,630.02 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.

Advancements in genome sequencing have led to a deeper understanding of genetic data, facilitated by technological breakthroughs and increased computational capacities. These improvements enable the identification of unknown correlations, hidden patterns, and valuable insights, particularly when analyzing large-scale datasets. Next-generation sequencing technology, pioneered by key players in genomics, has revolutionized the field by enhancing the speed, volume, and affordability of genome sequencing. This, coupled with advancements in bioinformatics, has spurred the development of hundreds of life science databases and programs, facilitating easier data organization, comparison, and analysis.

These technological strides have also accelerated medical advancements, particularly in genomic analysis. The analysis of DNA sequences elucidates the role of genetic diversity in disease etiology, leading to the discovery of novel treatments. Laboratory automation has played a pivotal role in this progress, offering increased flexibility, throughput, and cost-effectiveness. Moreover, the affordability and accessibility of genotyping and DNA sequencing have spurred the proliferation of genetic testing start-ups, further driving the expansion of genomic analysis programs.

In response to increasing demand, laboratory automation players are innovating to meet diverse application requirements. For example, Tecan Group's Fluent Automation Workstation platform incorporates dynamic capabilities to enhance laboratory workflow productivity. Additionally, companies are introducing new products or enhancing existing ones to cater to customer needs. For instance, opentrons launched the Opentrons Flex robot, a liquid-handling lab robot compatible with artificial intelligence tools.

However, cost remains a significant concern in lab automation within the genomics market, with the initial setup expenses being high. Some developing countries opt for cost-effective solutions such as refurbished lab automation systems. Moreover, economic downturns and increasing interest rates have led to reduced consumer spending on new equipment, hampering market growth. The COVID-19 pandemic highlighted the importance of high-throughput molecular testing and prompted partnerships to develop integrated solutions. For instance, Tecan and UgenTec collaborated to create fully integrated sample-to-result PCR workflow solutions, combining liquid handling and automation capabilities with extensive data analysis tools to meet high-throughput molecular testing demands.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Equipment
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Global Lab Automation In Genomics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Investment in Genomics and Drug Discovery
        2. Availability of Advanced and Affordable Technologies
      2. Restraints
        1. High Initial Setup Cost
        2. Lack of Awareness and Expertise
      3. Opportunities
        1. Growing Demand for Personalized Medicine
        2. Technological Advancements
    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 Genomics Market, By Equipment, 2021 - 2031 (USD Million)
      1. Automated Liquid Handlers
      2. Automated Plate Handlers
      3. Robotic Arms
      4. Automated Storage and Retrieval Systems (AS/RS)
      5. Vision Systems
    2. Global Lab Automation In Genomics Market, By End User, 2021 - 2031 (USD Million)
      1. Biotechnology and pharmaceutical companies
      2. Hospital and diagnostic laboratories
      3. Research and academic institutes
      4. Forensic laboratories
      5. Environmental and testing laboratories
      6. Food and beverage industry
    3. Global Lab Automation In Genomics 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
        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. Danaher Corporation / Beckman Coulter
      3. Hudson Robotics, Inc
      4. Becton, Dickinson and Company
  7. Analyst Views
  8. Future Outlook of the Market