Blockchain Press Releases
Lab Automation Market to be Worth $11.60 Billion by 2030: Grand View Research, Inc.

SAN FRANCISCO, July 10, 2023 /PRNewswire/ — The global lab automation market size is expected to reach USD 11.60 billion by 2030, registering a CAGR of 6.64% during the forecast period, according to a new report by Grand View Research, Inc. Factors such as increasing demand for higher efficiency & productivity coupled with the rising need for cost reduction are driving the growth. Moreover, technological advancements and the growing complexity of laboratory workflows are further contributing to the market expansion. For instance, advanced and modern labs deal with numerous complex processes and high throughput workflows, thus, to simplify such complex processes advanced lab systems are in high demand from laboratories.
Key Industry Insights & Findings from the report:
- The continuous flow segment held the largest revenue share of 56.93% in 2022, owing to the higher demand for continuous flow systems in industries and the surging adoption of continuous flow in laboratories for offering high-quality services.
- The modular automation systems segment dominated the market and accounted for the largest revenue share of 51.69% in 2022, attributed to the mix-and-match capabilities and flexibility capabilities offered by modular systems.
- Clinical chemistry analyzers end-use segment held the largest revenue share in 2022. Factors such as technological advancements, rising preference for automated laboratory instruments, and higher demand for advanced systems in clinical chemistry labs for sample handling, storage, and labeling are contributing to the largest revenue share of the segment.
- North America dominated the global market for lab automation with a revenue share of 35.76% in 2022, attributed to the presence of a well-established healthcare framework, and robust demand for advanced systems across laboratories.
Read 200-page market research report, “Lab Automation Market Size, Share & Trends Analysis Report By Process (Continuous Flow, Discrete Processing), By Automation Type (Total Automation Systems, Modular Automation Systems), By End-use, By Region, And Segment Forecasts, 2023 – 2030“, published by Grand View Research.
Lab Automation Market Growth & Trends
The rising application of lab automation for speeding up laboratory processes is one of the major factors contributing to market expansion. For instance, Clinical chemistry applications have been replaced by lab automation for tasks such as solid-phase extraction, powder dosing, dilution to weight, sample extraction, and sample preparation for analysis. Similarly, for synthetic biology workflow processes, tasks such as DNA fragment construction, the culture of the host organism, colony selection, final data collection, and analysis have been replaced by automated processes. Therefore, an increase in the number of applications is expected to fuel their adoption in the coming years.
Moreover, the rising integration of lab automation with advanced digitalization and connectivity trends is likely to offer significant growth opportunities for the market in the coming years. Integration of advanced laboratory equipment with cloud-based platforms, and LIMS platforms allow real-time data monitoring, and convenient data exchange for better flexibility and efficiency. Also, recent digital product introductions are anticipated to offer more traction for the market over the forecast period. For instance, in December 2022 LabVantage Solutions, Inc. launched its new LIMS platform to help labs process faster and lower the overall cost of the process.
Furthermore, various organic and inorganic developments done by market players in term of new launches, collaborations, acquisitions, and new facility expansions are likely to have a positive impact on market growth. For instance, in January 2023 QIAGEN launched its new EZ2 connect MDX platform for automatic sample processing in diagnostic laboratories. Similarly, in April 2023 Molgen acquired Synchron lab automation, a leader in lab automated systems. This acquisition helped Molgen to efficiently build advanced automated solutions for its customers.
Lab Automation Market Report Scope
Report Attribute |
Details |
Market size value in 2023 |
USD 7.40 billion |
Revenue forecast in 2030 |
USD 11.60 billion |
Growth Rate |
CAGR of 6.64% from 2023 to 2030 |
Base year for estimation |
2022 |
Historical data |
2018 – 2021 |
Forecast period |
2023 – 2030 |
Lab Automation Market Segmentation
Grand View Research has segmented the global lab automation market based on process, automation type, end-use, and region
Lab Automation Market – Process Outlook (Revenue, USD Million, 2018 – 2030)
- Continuous Flow
- By Workflow
- Sequential Processing
- Parallel Processing
- By Components
- Consumables
- Equipment
- Discrete Processing
- By Method
- Centrifugal Discrete Processing
- Random Access Discrete Processing
- By Components
- Consumables
- Equipment
- By Workflow
- Dependent Analysis
- Independent Analysis
Lab Automation Market – Type Outlook (Revenue, USD Million, 2018 – 2030)
- Total Automation Systems
- By Steps
- Pre-analysis
- Centrifugation
- Sample Preparation
- Sample Sorting
- Transport Mechanisms
- Liquid Handling
- Sample Storage
- Sample Analysis
- Modular Automation Systems
- By Steps
- Specimen Acquisition & Identification & Labelling
- Transport Mechanisms
- Sample Preparation
- Sample Loading & Aspiration
- Reagent Handling & Storage
- Sample Analysis & Measurements
Lab Automation Market – End-use Outlook (Revenue, USD Million, 2018 – 2030)
- Clinical Chemistry Analysis
- Photometry & Fluorometry
- Immunoassay Analysis
- Electrolyte Analysis
- Other end-uses
Lab Automation Market – Regional Outlook (Revenue, USD Million, 2018 – 2030)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Sweden
- Denmark
- Norway
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Thailand
- Latin America
- Brazil
- Mexico
- Argentina
- MEA
- South Africa
- Saudi Arabia
- UAE
- Kuwait
List of Key Players in the Lab Automation Market
- QIAGEN
- PerkinElmer Inc.
- Thermo Fisher Scientific, Inc.
- Siemens Healthcare GmbH
- Danaher
- Agilent Technologies, Inc.
- Eppendorf SE
- Hudson Robotics
- Aurora Biomed Inc.
- BMG LABTECH GmbH
- Tecan Trading AG
- Hamilton Company
- F. Hoffmann-La Roche Ltd
Check out more related studies published by Grand View Research:
- Immunohistochemistry Market – The global immunohistochemistry market size is expected to reach USD 3.50 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 5.8% from 2023 to 2030. The high demand for accurate data has driven several technological advancements in IHC techniques, resulting in the delivery of precise and contextual data analyses. The emergence of advanced techniques, such as multiplex IHC, computational pathology, and next-generation IHC, is driving the global market. Immunohistochemistry protocols have gained popularity in clinical pathology, especially in the subspecialties of oncologic pathology, hematopathology, and neuropathology.
- Biotechnology Instruments Market – The global biotechnology instruments market size is expected to reach USD 106.75 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 12.66% from 2021 to 2028. The market is collectively driven by technological advancements, advantages offered by laser therapy, growing prevalence of target diseases, rising geriatric population, and increasing demand for Point-Of-Care (POC) tests and devices.
- Immunoprotein Diagnostic Testing Market – The global immunoprotein diagnostic testing market size is anticipated to reach USD 10.3 billion by 2025, according to a new report by Grand View Research, Inc. This growth can be attributed to the rising incidence of chronic diseases.
Browse through Grand View Research’s Biotechnology Industry Research Reports.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: [email protected]
Web: https://www.grandviewresearch.com
Grand View Compass | Pipeline Consulting
Follow Us: LinkedIn | Twitter
Logo: https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg
View original content:
Blockchain Press Releases
From Exchange to Ecosystem Builder: MEXC Celebrates 7th Anniversary at TOKEN2049 Dubai with $300M Ecosystem Development Fund Launch

VICTORIA, Seychelles, May 2, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange serving over 36 million users, concluded its successful participation as a Title Sponsor at Token2049 Dubai, where the company celebrated its milestone 7th anniversary and announced a groundbreaking $300 million ecosystem development fund.
7 Years of Excellence: A Foundation for Ecosystem Expansion
The premier crypto event, which took place from April 30 to May 1, 2025 in Dubai, provided MEXC with the perfect platform to commemorate seven years of growth and innovation in the cryptocurrency space. During the celebratory “Celebra7e MEXC Cocktail Party”, Tracy Jin, COO of MEXC, delivered an inspiring opening speech highlighting the exchange’s remarkable journey.
“Seven years may sound short, but in the fast-moving world of crypto, it’s a lifetime,” Jin told attendees. “To thrive in this ever-evolving space takes resilience, vision, and trust—and we’ve only made it this far because of you.”
Jin revealed impressive growth metrics: the MEXC team has nearly doubled to 2,000 employees across Growth, R&D, and Business Support divisions. The platform now offers more than 3,000 crypto assets and has built a community of over 2.25 million Twitter followers and approximately 193,000 Telegram members.
“We’ve also hosted over 2,293 airdrop events, distributing over $136 million in rewards,” Jin added. “This is our way of thanking you for your ongoing trust and loyalty.”
$300 Million MEXC Ecosystem Development Fund Unveiled
The highlight of MEXC’s Token2049 Dubai participation was the official announcement of its $300 million Ecosystem Development Fund, signaling the company’s strategic evolution from an exchange service to a comprehensive ecosystem builder. The five-year fund represents MEXC’s commitment to fostering blockchain innovation across multiple sectors.
The fund will focus on strategic investments in public chains, stablecoins, wallets, and media platforms, providing not only financial backing but also leveraging MEXC’s exchange business cooperation to deliver enhanced value to portfolio projects. This dual approach positions fund recipients to benefit from both capital investment and operational synergies within the MEXC ecosystem.
“After seven years of market resilience, MEXC is uniquely positioned as a trusted ecosystem partner,” said Tracy Jin. “This fund represents our vision for the future of decentralized finance and our commitment to supporting the next generation of blockchain innovations.”
IgniteX: $30 Million CSR Initiative for Web3 Talent Development
Alongside the ecosystem fund, MEXC Ventures launched “IgniteX” – a $30 million, five-year CSR initiative to foster Web3 talent and innovation. The program will support early-stage startups, research, developer communities, and academic institutions, with focus on decentralized infrastructure, AI-blockchain integration, stablecoins, and fintech. IgniteX combines mentorship, education, and funding to build a future-ready ecosystem and prepare the next generation of Web3 users and leaders.
Industry Insights Shared at Panel Discussion
MEXC’s presence at Token2049 Dubai extended beyond celebrations and announcements to include thought leadership. Tracy Jin participated in a panel discussion titled “What’s Next for Crypto Markets: The Exchange Perspective” on the OKX main stage on 1 May. The discussion explored upcoming trends, challenges, and opportunities in the cryptocurrency exchange sector, with Jin offering insights drawn from MEXC’s seven years of operational experience.
During the panel, Jin emphasized MEXC’s continued focus on product innovation and market expansion while maintaining its core commitment to being “Your Easiest Way to Crypto” for users worldwide.
Successful Side Events Strengthen Community Connections
MEXC hosted multiple successful side events throughout TOKEN2049 Dubai, including the “Celebra7e MEXC Cocktail Party,” “Dao People x MEXC: VIP Party” at BIRDS, a “TR KOL Exclusive Yacht Party” aboard Xclusive Yachts, and participation in the “AFTER2049” event at Be Beach. These gatherings provided valuable networking opportunities for industry professionals, partners, and MEXC community members.
At the company’s exhibition booth, MEXC showcased its revolutionary DEX+ platform and displayed a collection of seven limited-edition anniversary merchandise items that proved popular with attendees. Throughout the conference, MEXC representatives conducted product demonstrations, engaged with visitors, and discussed potential partnerships.
Behind the scenes, Jin noted that MEXC’s service team has resolved more than 1 million user requests and recovered over $1.8 million in user assets—underscoring the company’s commitment to security and user experience.
Looking Ahead
As Token2049 Dubai concluded, MEXC’s successful participation not only celebrated its past achievements but also laid the groundwork for its future vision. The announcement of the $300 million Ecosystem Development Fund, combined with ongoing product innovations and market expansion efforts, positions MEXC for continued growth in its eighth year and beyond.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website | X | Telegram | How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.

Photo – https://mma.prnewswire.com/media/2677827/1920_1080.jpg
Logo – https://mma.prnewswire.com/media/2668118/MEXC_new_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/from-exchange-to-ecosystem-builder-mexc-celebrates-7th-anniversary-at-token2049-dubai-with-300m-ecosystem-development-fund-launch-302444954.html
Blockchain Press Releases
Interlace Debuts at Token2049 to Accelerate Web2-Web3 Integration Across MENA

NEW YORK, May 2, 2025 /PRNewswire/ — Interlace, a pioneering financial innovation platform bridging traditional (Web2) and decentralized (Web3) ecosystems, is making a high-impact debut at Token2049, the world’s largest cryptocurrency conference. The event draws more than 15,000 global Web3 leaders, investors, developers, and policymakers to the heart of the Middle East’s burgeoning digital economy.
As the MENA region solidifies its status as a strategic launchpad for blockchain and digital finance, Interlace is leveraging Token2049 to highlight its global ambitions and regional integration efforts. Through a combination of keynote speeches, panel participation, side events, and interactive showcases, the company will spotlight its technological breakthroughs, regulatory strategies, and innovative Web3 solutions designed to advance financial inclusion and digital infrastructure.
Token2049 has cemented its position as the premier global platform for blockchain dialogue and innovation. With MENA emerging as a magnet for crypto and fintech enterprises—thanks to its progressive regulatory framework and strong investor base—the event provides fertile ground for companies like Interlace to scale their operations in high-growth markets.
Driving Web3 Compliance and Strategy in the Middle East
Michael Wu, Founder and CEO of Interlace, was recently invited to speak at the event Mastering Web3 Finance and Compliance: Blockchain & Beyond, where he joined a panel discussion exploring regulatory frameworks and emerging trends in the Middle East’s Web3 ecosystem. Drawing on Interlace’s extensive global experience, Wu provided a deep dive into the region’s compliance landscape. He emphasized the UAE’s regulatory efficiency as a strategic advantage for Web3 companies, stating: “In MENA, it takes only a few months to obtain a Virtual Asset Service Provider (VASP) license, whereas the same process can take up to two years in Singapore. In the United States, conflicting federal and state regulations create persistent uncertainty for businesses.” This favorable regulatory environment, he noted, has enabled Interlace to accelerate its expansion into the Middle Eastern market.
Wu also outlined Interlace’s proactive compliance strategy, highlighting early regulatory investment as a foundation for building long-term competitive advantages. “We’ve secured key licenses—including MSB (Money Services Business), MSO (Money Service Operator), and VASP—across major markets such as Hong Kong, the U.S., and Europe,” he shared. He stressed the importance of integrating technology with compliance, citing the use of biometric solutions to streamline Know Your Customer (KYC) procedures. This approach not only ensures regulatory adherence but also enhances user accessibility. “Compliance is not a cost,” Wu asserted. “It’s the foundation of brand trust. For institutional partners and investors, regulatory compliance is non-negotiable—and critical for sustainable growth.”
Addressing the convergence of traditional finance and Web3, Wu presented Interlace’s multi-license model as a blueprint for cross-border innovation. “Our crypto payment card enables seamless interoperability between on-chain digital assets and off-chain consumer transactions,” he explained. “This functionality requires a high degree of cross-jurisdictional compliance.” Wu concluded by sharing that Interlace is actively expanding its footprint in the Middle East, bringing its regulatory expertise and compliance technology to support the region’s rapidly evolving blockchain infrastructure.
Unveiling Innovation at Premier Side Events
Beyond the main conference, Interlace will engage audiences at high-profile side events including 1001 Crypto Nights, Gilded Mirage, and the Hack Seasons Conferencei. These gatherings delve into themes such as the convergence of legacy finance with decentralized protocols and the region’s unique role in accelerating Web3 adoption.
Interlace will showcase its Card-as-a-Service (CaaS) API solutions tailored for the PayFi sector, as well as its custom-designed physical banking cards—which double as exclusive, limited-time gift cards. These cards demonstrate real-time “on-chain to off-chain” transaction capabilities, offering attendees a tangible experience of seamless Web3-enabled payments.
A Strategic Leap Toward Global and Regional Impact
Interlace’s presence at Token2049 is more than a product showcase—it represents a pivotal step in the company’s global expansion and MENA market penetration. As the company deepens its engagement in the region, it aims to collaborate with local institutions to build robust, inclusive digital financial ecosystems.
Wu reflected on the significance of the Middle East in shaping the future of blockchain finance: “The Middle East is rapidly evolving from an energy stronghold into a center of digital innovation. Its open regulatory approach and dynamic capital environment make it a strategic region for Web3 transformation. At Interlace, we’re committed to co-creating resilient financial infrastructure with local partners—enabling businesses and users to fully benefit from the potential of blockchain technology. We see MENA as a future global benchmark for Web3 applications.”
View original content:https://www.prnewswire.co.uk/news-releases/interlace-debuts-at-token2049-to-accelerate-web2web3-integration-across-mena-302444943.html
Blockchain Press Releases
Rain and Visa Partner to Accelerate Onchain Credit Cards

Showcasing blockchain’s potential to enable everyday financial transactions
NEW YORK, May 1, 2025 /PRNewswire/ — Rain, a global card issuing platform built for stablecoins, is helping usher in a new era of onchain finance through its work with Visa.
Today, Rain announced it has joined Visa’s pilot program for stablecoin settlement. Rain has fully tokenized its credit card receivables and has transitioned all settlement transactions for its Visa cards to USDC, to now be able to settle with Visa 7 days a week, 365 days a year.
Rain provides backend infrastructure – APIs, compliance layers and settlement logic – that enables fintechs and wallets to build and launch stablecoin-linked card programs. As demand for real time, global payments grow, Rain is seeing strong momentum from partners looking to issue and use onchain cards and settle in stablecoins.
7 Day Stablecoin Settlement
Rain’s proprietary settlement stack brings all authorization logic and settlement onchain. Rain’s technology stack allows for card transactions on the Visa network to be interoperable with stablecoins across multiple blockchains. When a user makes a payment with a Rain-issued Visa card, Visa settles with the merchant acquirer as usual. Rain is programmatically leveraging stablecoins enabling network settlement 7 days a week, 365 days a year.
Tokenized Credit Card Receivables
Rain’s platform has also fully tokenized its credit card receivables, enabling more efficient capital management and transparency across the system. These capabilities help fintechs go to market faster with new products. While giving consumers access to digital-first globally interoperable payment experiences.
Rain is also proud to announce a world first: closed loop credit card receivable financing utilizing stablecoins. Rain works with a network of capital partners – borrowing stablecoins to facilitate network settlement for credit card receivables. By borrowing from and programmatically repaying lenders Rain has been able to reduce the total cost of capital for consumer and b2b credit programs while providing lenders access to superior collateral and programmatic repayments powered by smart contracts. This powerful construct has the potential to unlock credit access for users in underdeveloped financial markets, all while unlocking significant operational and capital efficiencies for Rain and Rain powered programs.
“By participating in Visa’s USDC settlement program, we are now able to conduct settlement 7 days a week, 365 days a year, operating outside of traditional banking hours. USDC settlement allows us to be more capital efficient – helping to reduce the need for collateral while providing our counterparties the same level of protection. This sets a new standard for issuers and further enhances digital asset utility,” said Farooq Malik, CEO & Co-founder of Rain.
“Moving money across borders has always been complex, but blockchain technology and stablecoins are helping change that,” said Rubail Birwadker, Head of Growth Products and Partnerships, Visa. “Our work with Rain to help bring payments onchain and enable seven-day settlement is a big step toward helping to simplify global payments.”
This is just the beginning. Rain continues to explore new ways to enhance the utility of stablecoins, such as its asset-agnostic settlement stack and blockchain permissioning, which together enable credit to exist entirely onchain. Rain is paving the way for a more efficient, transparent, and accessible financial ecosystem that reduces working capital, reduces fraud, and drives improvements in operational outcomes.
Visa Principal Membership
A Visa principal member, Rain enables seamless payment solutions at more than 150 million Visa-accepting merchant locations worldwide. By utilizing stablecoins for automated daily settlement with the Visa network, Rain is doubling down on its mission to integrate blockchain technology with traditional financial systems, making digital assets seamlessly interoperable for everyday use cases.
About Rain: Rain is a global card issuing platform powered by stablecoins. The company, which was founded in 2021 by Farooq Malik and Charles Naut, sponsors and operates card programs in multiple markets as a Visa principal member. Rain is backed by Norwest Venture Partners, Lightspeed Venture Partners, Galaxy Ventures, Coinbase Ventures and others. Learn more at https://www.rain.xyz/
CONTACT: Charles Yoo-Naut; [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/rain-and-visa-partner-to-accelerate-onchain-credit-cards-302443870.html
-
Blockchain7 days ago
Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation
-
Blockchain Press Releases7 days ago
Bybit Exchange Gold & FX Trading Hits All-Time-High As Gold Prices Soar
-
Blockchain Press Releases4 days ago
BTC Pricing Alert: Bitcoin Rebounds as Trump’s Trade War Comments Ignite Market Rally – Bybit x Block Scholes Report
-
Blockchain3 days ago
PFM Disrupts Wealth Management in 2025: Earn Digital Assets Risk-Free with Zero Fees
-
Blockchain7 days ago
Ov Finance Upgrades Blockchain Infrastructure to Deliver Faster, Safer Digital Asset Trading
-
Blockchain3 days ago
Blocks & Headlines: Today in Blockchain – April 29, 2025 | Deloitte, TRON DAO, Miden, JPMorgan, Nuvve
-
Blockchain2 days ago
Veriff and Legitify Partner to Streamline Cross-Border Digital Notarisation
-
Blockchain7 days ago
Chameleon Finance Launches Green Finance Initiative to Advance Sustainable Digital Asset Infrastructure