There is undoubtedly some confusion between lab-grown diamonds and simulated diamonds, but the simple answer to this question is No, they are not the same. Simulated diamonds do not have the same physical properties as natural diamonds. In comparison, lab-grown diamonds have the same material properties and elements as natural diamonds; they just originate from the laboratory instead of from the earth.
Lab-created diamonds are manufactured diamonds that consist of actual carbon atoms arranged in the characteristic diamond crystal structure in the same way natural diamonds are formed. Diamond simulants, such as cubic zirconia and moissanite, are diamond look-alikes. They resemble the appearance and properties of natural diamonds but have a different chemical structure from real diamonds, so they are not true carbon crystals; they merely imitate the appearance of a diamond.
A diamond simulant may be artificial, natural, or in some cases, a combination of these. While their material properties are vastly different from natural or lab-grown diamonds, simulants have certain desired characteristics that ideally lend themselves to imitation. Trained Gemologists can distinguish natural and synthetic diamonds from diamond simulants, primarily by visual inspection.