Market Overview:
The United States laboratory automation market size reached US$ 2,737.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 4,805.2 Million by 2032, exhibiting a growth rate (CAGR) of 6.3% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023 |
US$ 2,737.1 Million |
Market Forecast in 2032 |
US$ 4,805.2 Million |
Market Growth Rate (2024-2032) |
6.3% |
Laboratory automation refers to the utilization of a device or software for scientific research in laboratories through automated systems. It usually consists of robots, conveyor systems, machine vision, and computer hardware and software to improve the safety and accuracy of sample management. Laboratory automation enhances testing capacity and workflows, lowers the cost per test and minimizes the turnaround time. It also helps in reducing the human workload and assisting in the real-time analysis by eliminating human errors.
The United States laboratory automation market is primarily driven by the advancements in medical infrastructure, along with the increasing expenditure on healthcare services across the country. The utilization of laboratory automation for various clinical trials, drug discovery, and biomedical research has significantly impacted the market growth. These systems can also be operated for long hours with minimal monitoring and instruction, allowing researchers to focus on their core work and reduce their time on repetitive tasks. Furthermore, the Centers for Medicare & Medicaid Services (CMS) has implemented standard regulations pertaining to laboratory research on humans under the Clinical Laboratory Improvement Amendments (CLIA) in the United States, which has positively influenced the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United States laboratory automation market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on type, equipment and software type, and end user.
Breakup by Type:
- Modular Automation
- Whole Lab Automation
Breakup by Equipment and Software Type:
- Automated Clinical Laboratory Systems
- Workstations
- LIMS (Laboratory Information Management Systems)
- Sample Transport Systems
- Specimen Handling Systems
- Storage Retrieval Systems
- Automated Drug Discovery Laboratory Systems
- Plate Readers
- Automated Liquid Handling Systems
- LIMS (Laboratory Information Management Systems)
- Robotic Systems
- Storage Retrieval Systems
- Dissolution Testing Systems
Breakup by End User:
- Biotechnology and Pharmaceutical Companies
- Hospitals and Diagnostic Laboratories
- Research and Academic Institutes
Breakup by Region:
- Northeast
- Midwest
- South
- West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Segment Coverage |
Type, Equipment and Software Type, End User, Region |
Region Covered |
Northeast, Midwest, South, West |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the United States laboratory automation market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States laboratory automation market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the equipment and software type?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the United States laboratory automation market and who are the key players?
- What is the degree of competition in the industry?