The global lab automation market size is expected to reach USD 11.60 billion by 2030, registering a CAGR of 6.64% during the forecast period, according to a new report by Grand View Research, Inc. Factors such as increasing demand for higher efficiency & productivity coupled with the rising need for cost reduction are driving the growth. Moreover, technological advancements and...

The global lab automation market size was estimated at USD 6.87 billion in 2022 and is projected to reach USD 11.60 billion by 2030, growing at a CAGR of 6.64% from 2023 to 2030. Laboratory automation leverages specialized technologies to streamline or replace manual handling of laboratory methods and equipment, thereby enhancing efficiency, accuracy, and productivity in laboratory...