Lab Automation Software Market: A Comprehensive Analysis

The lab automation software market has experienced significant growth in recent years, driven by advancements in technology and the increasing need for efficiency in laboratory processes. Lab Automation Software Market is expected to grow from 4.17 (USD Billion) in 2024 to 10.0 (USD Billion) by 2035. The Lab Automation Software Market CAGR (growth rate) is expected to be around 8.28% during the forecast period (2025 - 2035).

This growth trajectory underscores the escalating demand for automation solutions that enhance productivity, accuracy, and safety in laboratory settings.

Laboratory automation involves the integration of technology to streamline or replace manual operations in laboratory environments. This encompasses a range of processes, from sample preparation and data analysis to equipment handling. The primary objective is to improve the efficiency and reliability of laboratory tasks, thereby accelerating research outcomes and reducing operational costs.

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Key Market Segments

The lab automation software market can be segmented based on various criteria:

1. By Product Type

• Equipment: This includes automated workstations, robotic systems, and automated storage and retrieval systems. These instruments are designed to perform specific tasks with minimal human intervention, thereby increasing throughput and reducing errors.

• Software: Laboratory Information Management Systems (LIMS), Electronic Lab Notebooks (ELN), and data analysis software fall under this category. These software solutions facilitate data management, workflow automation, and regulatory compliance.

2. By Application

• Drug Discovery: Automation in drug discovery accelerates the identification of potential drug candidates by enabling high-throughput screening and data analysis.

• Genomics and Proteomics: Automated systems assist in sequencing, gene expression analysis, and protein characterization, thereby enhancing the accuracy and speed of genomic and proteomic studies.

• Clinical Diagnostics: Automation improves the efficiency of diagnostic laboratories by streamlining processes such as sample handling, testing, and result reporting.

3. By End-Use

• Pharmaceutical and Biotechnology Companies: These organizations utilize lab automation systems for various applications, including drug discovery and compound management.

• Hospitals and Diagnostic Centers: Automation aids in managing large volumes of diagnostic tests, thereby reducing turnaround times and improving patient outcomes.

• Academic and Research Institutes: Automation facilitates complex research activities by providing accurate and reproducible results.

Industry Latest News

The lab automation industry has witnessed several notable developments:

• Siemens' Strategic Acquisition: In October 2024, Siemens announced its plan to acquire Altair Engineering for $10.6 billion. This acquisition aims to bolster Siemens' position in the rapidly expanding industrial software market by integrating Altair's simulation software with Siemens' hardware offerings. The deal is expected to close in the second half of 2025 and is anticipated to enhance Siemens' earnings per share within two years.

• Rockwell Automation's Performance: In February 2025, Rockwell Automation reported better-than-expected fiscal first-quarter earnings, with adjusted earnings per share (EPS) of $1.83, surpassing Wall Street’s estimate of $1.58. The company also noted a 10% year-over-year increase in new orders, signaling future growth despite an 8% decline in sales in certain markets.

• Siemens' Workforce Adjustment: In March 2025, Siemens announced plans to cut 5,600 jobs within its Digital Industries division, representing over 8% of the unit's global workforce. This decision is driven by weak market conditions in Germany and China, prompting Siemens to adjust its production capacity.

Key Companies

Several key players dominate the lab automation software market:

• Thermo Fisher Scientific Inc.: A global leader in serving science, offering a wide range of laboratory automation solutions.

• Danaher Corporation: Provides innovative automation technologies for various laboratory applications.

• PerkinElmer Inc.: Offers automation solutions that enhance laboratory productivity and data accuracy.

• Siemens Healthcare GmbH: Develops automation systems aimed at improving diagnostic workflows and patient care.

• Agilent Technologies, Inc.: Specializes in automation solutions for analytical laboratories, focusing on enhancing efficiency and data quality.

• Becton, Dickinson and Company (BD): Provides automated diagnostic systems that streamline laboratory operations.

• Tecan Trading AG: Offers laboratory automation solutions that cater to various applications, including genomics and proteomics.

These companies are continually investing in research and development to introduce innovative solutions that meet the evolving needs of laboratory automation.

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Market Drivers

Several factors are propelling the growth of the lab automation software market:

• Need for High-Throughput Screening: The demand for high-throughput screening in drug discovery and clinical diagnostics necessitates automation to handle large volumes of samples efficiently.

• Technological Advancements: Innovations such as artificial intelligence (AI) and machine learning (ML) are being integrated into lab automation systems, enhancing data analysis and decision-making processes.

• Shortage of Skilled Personnel: The scarcity of skilled laboratory personnel drives the adoption of automation to maintain productivity and accuracy.

• Regulatory Compliance: Automation ensures adherence to stringent regulatory standards by minimizing human errors and maintaining consistent documentation.

Regional Insights

The adoption of lab automation software varies across regions:

• North America: Held the largest market share of 40.5% in 2023, driven by rising demand for high-throughput screening, increasing R&D expenditures, and technological innovations. The presence of a well-established healthcare infrastructure and supportive government policies further bolster market growth.

• Europe: The market in Europe is characterized by the increasing adoption of automation in pharmaceutical and biotechnology sectors, along with supportive government initiatives promoting laboratory