Lab-Automation and Informatics Market Growth

Battery Ventures acquires three companies, Skalar Analytical, PromoChrom Technologies, and LCTech, to create a laboratory-automation platform. The global laboratory automation market is projected to grow at a CAGR of 5.8% from 2023 to 2031, driven by the demand for high throughput and operational efficiency. The laboratory informatics market is experiencing significant growth due to the rising demand for laboratory automation and effective data management in clinical diagnosis.