Laboratory Robotics Market worth USD 406.13 million by 2033

The Market Statsville Group (MSG) publishes the new report on the "Laboratory Robotics Market by Type (Low-Cost Laboratory Robotics, Biological Laboratory Robotics, Pharmaceutical Laboratory Robotics, Molecular Laboratory, Others), by Distribution Channel, by Application (Drug Discovery, Clinical Diagnosis), By Region – Global Share and Forecast to 2033

According to the Market Statsville Group (MSG), the global laboratory robotics market size is expected to grow from USD 209.55 million in 2022 to USD 406.13 million by 2033, at a CAGR of 6.2% from 2023 to 2033.

The laboratory robotics market consists of sales of laboratory robotics services by entities (organizations, sole traders, and partnerships). The growing need to protect the safety of human employees, as well as the implementation of demanding regulatory processes in laboratories, has prompted firms to use robotic technology for crucial process applications. Therefore, robots retain accuracy and precision while being extremely efficient. These forces are propelling the use of robots in laboratories across the world. The high prices of robotic equipment, as well as the low priority of automation in small to medium-sized labs, are limiting the market's growth.

The integration of technology in the laboratory to optimize and allow new and more efficient procedures is referred to as laboratory robotics. Laboratory robotics contributes to improved accuracy, quality, and consistency in clinical, nonclinical, and industrial contexts. Use of laboratory automation enhances the quality of experimental data while also assisting in the reduction of total lab process times, resulting in greater productivity. A laboratory automation system is made up of several components, including machine vision, conveyor systems, robotics, and computer hardware and software. Lab robotics is becoming a more realistic alternative and a necessary solution.

Global Laboratory Robotics Market Segmentation

The overall laboratory robotics market has been segmented into type, application, end user, and region.

• By Type (Low-Cost Laboratory Robotics, Biological Laboratory Robotics, Pharmaceutical Laboratory Robotics, Molecular Laboratory, Others)
• By Application (Drug Discovery, Clinical Diagnosis, Microbiology Solutions, Genomics Solutions, Proteomics Solutions)
• By End User (Clinical Laboratories, Research Laboratories, Biotechnology and Pharmaceutical companies, Hospitals and Diagnostic Laboratories, Research and Academic Institutes, Forensic Laboratories, Environmental Testing Laboratories, Food and Beverage Industry)
• By Region (US, Canada, Mexico, UK, Germany, France, Italy, Spain, China, Japan, India, South Korea, Southeast Asia, Australia, Saudi Arabia, UAE, South Africa, Qatar, Nigeria, Israel, Brazil, Argentina, Peru)

Diagnostics segment is at the highest CAGR during the forecast period

Diagnostics segment is expected to grow at the highest CAGR during the forthcoming period. Cancer therapies such as radiation therapy or proton therapy/precision therapy specifically treat the part of the body containing tumors. Increasing demographics, urbanization, penetration, and affordability are driving its growth and are expected to drive market growth for this application segment.

Don't miss out on business opportunities in Laboratory Robotics Market. Speak to our research analyst and gain crucial market insights that will benefit your business grow.

The Asia Pacific to account for the highest CAGR during the forecast period

Over the forecast period, the Asia Pacific market is expected to grow rapidly. A number of factors are driving the growth of laboratory robotics market, including the increasing automation of scientific research, the need for high-throughput screening in drug discovery, and the increasing use of robotic systems in clinical laboratories. In addition, the growing adoption of point-of-care testing and personalized medicine is creating opportunities for laboratory robotics companies to develop new applications for their products.

This research report includes a study on the development and marketing strategies, along with a study on the product portfolios and winning strategies of the leading companies operating in the laboratory robotics market. It also consists of the profiles of leading companies such AB Controls, Aerotech, Anton Paar, Aurora Biomed, Biosera, Chemspeed Technologies, Cleveland Automation Engineering, Hamilton Robotics, HighRes Biosolutions, Hudson Robotics, Labman, PerkinElmer Inc., Protedyne (LabCorp), Siemens AG, ST Robotics, Tecan Group, Thermo Fisher Scientific and Universal Robots. The key players' growing research and development activities for launching innovative healthcare devices with advanced features and strategic unions are expected to drive market growth.

About Market Statsville Group

Market Statsville Group (MSG) is a business research and consulting platform of Statsville Consulting Private Limited, based in Oklahoma, USA. MSG is the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in market sizing, analysis, and intelligent business insights. MSG has experienced research analysts who are proficient at digging deep and providing various customizable data that help you make decisions with clarity, confidence, and impact. Furthermore, Market Statsville Group already benefited more than 1,000 companies each year for their revenue planning. It helped them take their disruptions/innovations early to the market by providing them research ahead of the curve.

MSG has an entire repository of research reports on more than 1,000 niche industries, 3,000 high-growth potentials markets, 5,000 data sets, and more than 12,000 company profiles.

Contact Us:

Market Statsville Group

800 Third Avenue Suite A #1519

New York, US 10022

USA: +1 646-663-5829 | +91 702 496 8807

Email: sales@marketstatsville.com

Web: www.marketstatsville.com