Lab Automation in Clinical Diagnostics Market Size

Lab Automation in Clinical Diagnostics Market Analysis

Lab Automation in the Clinical Diagnostics market is expected to register a CAGR of 5.6% during the forecast period (2021 - 2026). With the recent outbreak of the COVID-19 pandemic, there has been increased pressure on the laboratories to increase testing labs' capacity and speed. With the increase in the number of samples being tested every day, the market studied has been witnessing a growth in the developments of automation systems by vendors, which is expected to create opportunities for the studied market's growth.

• Across various industries, laboratories are a vital part of manufacturing and scientific research organizations. The primary goal of research and diagnostic labs is to provide high-quality and reliable information, which fulfills the industry's needs. The use of manual systems hampers data quality during the transferring process. The number of medical technicians, the drive to reduce costs, and an increasing need for diagnostic procedures for aging baby boomers, and new testing requirements collectively force the hospital and clinical laboratories to adopt automation equipment.
• Moreover, the rapid spread of existing diseases and discoveries increases the demand for early remedies and diagnoses. This is expected to ascend the rate of clinical diagnostic application, thereby fuelling the incorporation of lab automation equipment and software.
• Major vendors are launching new products to enlarge their product portfolio, which is expected to aid the market's growth over the forecast period. For instance, Beckman Coulter, a prominent vendor in clinical diagnostics, announced that the latest addition to its automation portfolio, the DxA 5000 total laboratory automation solution achieved European CE Mark and China Food and Drug Administration (FDA) approval.
• Laboratories are highly focused on improving patient care by driving faster turnaround time, offering quality results, and enhancing laboratory operations in today's healthcare environment. The solutions, such as DxA 5000, support laboratories worldwide in delivering a highly consistent turnaround time to the physicians. The system leverages dynamic system software and utilizes intelligent routing to bring automated patient-centric workflow to the laboratories. Such integration of solutions to make them more efficient and suit the customization needs through software is expected to drive innovations in the market. By understanding the tests requested, sample volume available, and real-time analyzer capacity and status, these systems continuously calculate the most expeditious route for each sample.
• Further, automation in medical laboratories has been witnessing an increasing trend, including research and diagnostic laboratories, such as clinical chemistry, hematology, and molecular biology. Modular laboratory automation is widely employed in clinical diagnostics for various applications that include sample preparation, distribution, screening, and archiving.
• Moreover, before the pandemic, Shimadzu Scientific Instruments launched the Clinical Laboratory Automation Module (CLAM-2030), a fully integrated sample pretreatment module for LCMS biological analysis. These types of innovation in the market helps in improving the efficiency of laboratories by enabling fast, precise results while maintaining low operating costs.