The Clinical Lab Automation Market was valued at $2.22 billion in 2023 and is projected to grow to $4.01 billion by 2031. Starting from an estimated $2.38 billion in 2024, the market is expected to expand at a Compound Annual Growth Rate (CAGR) of 7.8% over the forecast period from 2024 to 2031. Clinical lab automation devices and systems have become essential in modern...

Lab automation market is anticipated to grow at a significant CAGR of 7.9% during the forecast period. The key factors contributing to the market growth include increasing investments and funding activities by key players and the government for the implementation, integration, and development of new technology in lab automation. This Lab Automation Market research report focuses more on a...

The global Lab Automation market is anticipated to grow at a considerable CAGR of 7.9% during the forecast period. The key factors that are contributing to the market growth are the increasing development of new products with innovation and new technology integration is a key factor driving the market growth. For instance,  In February 2022, Festo launched the Modular Gantry...