High-throughput testing demand drives lab automation market to $8.62b by 2031 | Healthcare Asia Magazine
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High-throughput testing demand drives lab automation market to $8.62b by 2031

Drug discovery is the largest application segment.

The global lab automation market is projected to grow from $6.60b in 2026 to $8.62b by 2031, according to MarketsandMarkets.

Growth is being driven by increasing demand for high-throughput testing, expansion of omics research, and the need for more accurate and efficient laboratory workflows.

Rising cases of chronic diseases are also pushing higher investment in R&D and faster diagnostic solutions.

Drug discovery remains the largest application segment.

Automation is being widely adopted to streamline compound testing and high-throughput screening, helping reduce costs and shorten drug development timelines.
 

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