The Laboratory Robotics Market is Predict to reach USD 2.6 Billion by 2031, at a CAGR of 6.9%

Laboratory Robotics Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Laboratory Robotics Market size is expected to reach $2.6 billion by 2031, rising at a market growth of 6.9% CAGR during the forecast period.

The Research Laboratory segment is registering a CAGR of 7.5% during (2024 - 2031). Research laboratories conduct complex experiments, often involving repetitive tasks such as sample preparation, liquid handling, and data analysis. Laboratory robotics automate these tasks, reducing manual labour, minimizing errors, and ensuring consistency in experimental procedures. This automation accelerates research workflows, allowing scientists to focus on data interpretation, hypothesis testing, and innovation.

The Drug Discovery segment is leading the Global Laboratory Robotics Market by Application in 2023; thereby, achieving a market value of $651 million by 2031. Drug discovery involves complex experimental protocols that require precise timing, sequential processing steps, and controlled environmental conditions. Robotic platforms can precisely execute these protocols, automating tasks such as compound dilution, cell culture maintenance, and assay plate handling. This automation enhances experimental reproducibility and reliability, which is crucial for validating drug efficacy and safety.

The Automated Plate Handlers segment is experiencing a CAGR of 6.3% during (2024 - 2031). Automated plate handlers excel in handling large volumes of microplates used in high-throughput screening (HTS) and assay workflows. These systems automate the loading, unloading, and transportation of microplates between instruments, significantly increasing throughput compared to manual handling. By automating repetitive plate handling tasks, automated plate handlers reduce the need for manual intervention, saving time and labour resources.

Full Report: https://www.kbvresearch.com/laboratory-robotics-market/

The North America region dominated the Global Laboratory Robotics Market by Region in 2023; thereby, achieving a market value of $988.4 million by 2031. The Europe region is poised to grow at a CAGR of 6.7% during (2024 - 2031). Additionally, The Asia Pacific market would witness a CAGR of 7.5% during (2024 - 2031).

List of Key Companies Profiled

• Peak Analysis and Automation Ltd (PAA)
• PerkinElmer, Inc.
• Thermo Fisher Scientific Inc.
• Hudson Robotics, Inc.
• Anton Paar GmbH
• Danaher Corporation (Beckman Coulter, Inc.)
• Siemens Healthineers AG (Siemens AG)
• AB Controls, Inc.
• Abbott Laboratories

Laboratory Robotics Market Report Segmentation

By End Use

• Clinical Laboratory
• Research Laboratory

By Application

• Drug Discovery
• Genomics Solutions
• Clinical Diagnosis
• Proteomics Solutions
• Microbiology Solutions

By Product

• Lab Automation Workstations
• Automated Plate Handlers
• Automated Liquid Handling Robots
• Robotic Arms
• Microplate Readers and Washers
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Related Reports:

North America Laboratory Robotics Market Size by 2031

• July-2024
• 128 Pages

LAMEA Laboratory Robotics Market Size & Analysis 2031

• July-2024
• 140 Pages

Europe Laboratory Robotics Market Size & Growth | 2031

• July-2024
• 138 Pages

Asia Pacific Laboratory Robotics Market Size to 2031

• July-2024
• 141 Pages