Lab Automation Industry to Reach USD 5.5 Billion by 2033 Amid Rising Demand for Efficiency in Laboratory Operations

The global lab automation market is on a rapid growth trajectory, with its valuation projected to rise from USD 2.1 billion in 2023 to USD 5.5 billion by 2033, reflecting a robust compound annual growth rate (CAGR) of 10.1% over the forecast period. The increasing adoption of automation technologies across diverse end-use verticals is driving …