Lab Automation Market: Addressing Challenges in High Initial Investment and Skilled Professional Shortage
A new market analysis highlights the substantial expansion anticipated in the global Lab Automation Market. Valued at USD 7.23 billion in 2024 , the market is projected to grow from USD 7.64 billion in 2025 to a substantial USD 11.79 billion by 2032 , exhibiting a robust Compound Annual Growth Rate (CAGR) of 6.40% during the forecast period. This significant growth is primarily driven by the escalating demand for high-throughput screening in drug discovery and diagnostics, the imperative to reduce human error and enhance data accuracy, and the increasing focus on improving laboratory efficiency and reducing operational costs. Read Complete Report Details: https://www.kingsresearch.com/lab-automation-market-2454 Report Highlights The comprehensive report analyzes the global Lab Automation Market, segmenting it by Product (Automated Workstations, Robotic Arm Systems, Microplate Readers, Automated Storage Systems, Sample Preparation Systems, LIMS), by Software Func...