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.