Report Overview

Increasing demand for high-throughput screening in drug discovery, rising adoption of automation solutions for efficiency and accuracy, technological advancements in laboratory automation systems, and the need for cost reduction and improved productivity in laboratories are propelling the growth of the India Laboratory Automation Market during the forecast period between 2023 and 2029.

India Laboratory Automation Market – Industry Trends & Forecast Report, 2029

India laboratory automation market size was estimated at USD 85.41 million in 2022. During the forecast period between 2023 and 2029, the size of India laboratory automation market is projected to grow at a CAGR of 8.88% reaching a value of USD 139.25 million by 2029. The major factor driving the growth of India laboratory automation market is the increasing adoption of robotic systems and automated workflows in laboratories to enhance efficiency and accuracy. Also, there is a growing demand for high-throughput screening and sample processing solutions, driven by the need for faster and more precise results. Further, there is a rising focus on integrating advanced technologies like artificial intelligence and machine learning into laboratory automation, enabling data-driven decision-making and predictive analytics. There is a shift towards modular and scalable automation solutions to accommodate diverse laboratory workflows. Lastly, there is a surge in the implementation of cloud-based laboratory information management systems, facilitating data storage, analysis, and collaboration.

India Laboratory Automation Market - Overview

Laboratory automation refers to the use of advanced technology and robotics to streamline and enhance the efficiency of laboratory processes and workflows. It involves the integration of instruments, software, and robotic systems to automate tasks, such as sample preparation, analysis, and data management. Laboratory automation aims to reduce human error, increase productivity, and improve the accuracy and reproducibility of results. It enables scientists and researchers to handle larger volumes of samples, perform complex experiments with precision, and accelerate the pace of scientific discovery. By automating routine tasks, laboratory automation frees up valuable time for scientists to focus on data analysis and interpretation.

Growth Drivers

Adoption of Advancements in Robotics and Artificial Intelligence (AI)

The laboratory automation market in India is experiencing rapid growth driven by advancements in robotics and artificial intelligence (AI). The integration of sophisticated robotic systems and AI algorithms has revolutionized laboratory workflows, enhancing efficiency, accuracy, and productivity. These technologies automate repetitive tasks such as sample handling, testing, and data analysis, reducing human error and increasing throughput. Also, the adoption of laboratory information management systems (LIMS) and cloud-based platforms enables seamless data management and collaboration. The combination of robotics, AI, and data analytics empowers Indian laboratories to streamline operations, accelerate research and development, and optimize resource utilization, making laboratory automation a key growth driver in India's scientific landscape.

Restraints

Accelerating Efficiency and Precision

In the realm of laboratory automation, India has witnessed remarkable growth and advancements. However, this dynamic market is not without its challenges. One key restraint faced by the India laboratory automation market is the high initial investment required for implementing automated systems. The costs associated with acquiring sophisticated equipment, integrating software solutions, and training personnel can deter some laboratories from adopting automation. Also, limited awareness and understanding of the benefits of laboratory automation among smaller organizations and research institutions pose an obstacle to its widespread adoption. Addressing these challenges through cost-effective solutions and educational initiatives will be pivotal in unlocking the full potential of laboratory automation in India.

Impact of COVID-19 on the India Laboratory Automation Market

The COVID-19 pandemic significantly impacted India's laboratory automation market, ushering in a new era of technological advancements and growth. With the urgent need for efficient and high throughput testing capabilities, laboratories across the country have increasingly adopted automation solutions. Automated systems, robotic platforms, and artificial intelligence-driven processes have revolutionized sample processing, analysis, and data management, improving accuracy, speed, and scalability. The pandemic has acted as a catalyst, driving investments in laboratory automation technologies, enabling faster testing, reducing human error, and enhancing overall laboratory efficiency. As India continues its fight against the virus, the laboratory automation market is poised for further expansion and innovation in the post-pandemic era.

India Laboratory Automation Market

Segmental Coverage

India Laboratory Automation Market – By Product

On the basis of product, India laboratory automation market is divided into Automated Liquid Handling System, Microplate Readers, Software and Informatics, and Robotics segments. The largest segment in terms of market size and significance is the Automated Liquid Handling System segment. This segment comprises advanced robotic systems that automate the process of dispensing liquids in laboratories, enabling efficient and precise handling of samples. With the growing demand for high-throughput screening and increased laboratory productivity, the Automated Liquid Handling System segment has witnessed substantial growth and continues to dominate the laboratory automation market in India.

India Laboratory Automation Market – By Application

Based on application, India laboratory automation market is divided into Drug Discovery, Clinical Diagnostics, Genomics Solutions, Proteomics Solutions, and Biobanking segments. The clinical diagnostics segment is the largest application segment in the India laboratory automation market. Clinical diagnostics play a crucial role in the detection, diagnosis, and monitoring of diseases, making it a vital component of healthcare systems. With the increasing prevalence of diseases and the need for efficient and accurate diagnostic solutions, the demand for laboratory automation in the clinical diagnostics segment has been steadily growing in India. The implementation of automated systems and advanced technologies has significantly improved the speed, accuracy, and efficiency of clinical diagnostic procedures, making it a prominent area of focus in the Indian laboratory automation market.

India Laboratory Automation Market – By End User

By end user, India laboratory automation market is segmented into Biotechnology and Pharmaceutical Companies, Hospitals & Diagnostic Laboratories, Research & Academic Institutes, Contract Research Organizations (CROs), and others. The hospitals & diagnostic laboratories segment holds the highest market share, as it encompasses various healthcare institutions, including hospitals and specialized diagnostic laboratories. These institutions play a critical role in patient care, disease diagnosis, and treatment. They provide a wide range of medical services, such as laboratory tests, imaging procedures, and clinical examinations. Hospitals and diagnostic laboratories collaborate with biotechnology and pharmaceutical companies to conduct clinical trials, validate new therapies, and ensure the safety and efficacy of drugs and medical devices. The demand for advanced diagnostics and personalized medicine has fueled the growth of this segment, making it the largest in the biotechnology and pharmaceutical industry.

India Laboratory Automation Market – By Region

On the basis of region, India laboratory automation market is divided into North India, South India, East India, and West India. North India stands out as the largest market. With its thriving industrial hubs, research institutions, and pharmaceutical companies, North India has emerged as a prominent hub for laboratory automation. The region's robust infrastructure, skilled workforce, and favorable government policies have fostered the growth of automation technologies in laboratories. Additionally, the presence of major cities like Delhi, Noida, and Gurugram further fuels the demand for laboratory automation solutions, making North India a dominant player in the country's laboratory automation market.

Competitive Landscape

Major players in the India laboratory automation market include Siemens Healthineers, Thermo Fisher Scientific, Agilent Technologies, PerkinElmer, Bio-Rad Laboratories, Tecan Group Ltd., Hamilton Company, Beckman Coulter, Promega Corporation, and Roche Diagnostics India. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.

Scope of the Report

By Product

• Automated Liquid Handling System

• Microplate Readers

• Software and Informatics

• Robotics

By Application

• Drug Discovery

• Clinical Diagnostics

• Genomics Solutions

• Proteomics Solutions

• Biobanking

By End User

• Biotechnology & Pharmaceutical Companies

• Hospitals & Diagnostic Laboratories

• Research & Academic Institutes

• Contract Research Organizations (CROs)

• Others

By Region

• North India

• South India

• East India

• West India