Share: ResearchAndMarkets.com's offering. The lab automation market is projected to reach USD 5.5 billion by 2025 from an estimated USD 4.3 billion in 2020, at a CAGR of 5.2% during the forecast period. The growth of the market is attributed to increasing spending on pharmaceutical R&D, growing food safety concerns, stringent regulation in healthcare. Moreover, the growing proteomics market, rising environmental safety concerns, and high demand in emerging nations offer lucrative opportunities for the market players. However, slow adoption of automation among small and medium-sized laboratories owing to the budget constraint are the major factors that are expected to restrain the growth of this market during the forecast period.