Liquid Handling Systems Market: Size, Share, Forecasts, and Trends Analysis
Meticulous Research® has recently released a report titled "Liquid Handling Systems Market By Type (Automated, Electronic, Manual), Product (Pipette, Consumables, Burette, Software, Microplate), Application (Drug Discovery, Cancer & Genomics, Clinical), End User (Hospital, Diagnostic Lab) - Global Forecast to 2029," which projects that the global liquid handling systems market will grow at a CAGR of 6.4%, reaching $6.99 billion by 2029.
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The growth of this market is being driven by the rapid expansion of the pharmaceutical and biotechnology industries, increased R&D expenditure in the biopharmaceutical sector, the adoption of laboratory automation, and the growing demand for high-throughput screening solutions. Additionally, advances in genomics and proteomics research, along with emerging market opportunities, are set to fuel further growth in the market.
However, the high cost of automated liquid handling systems is a major hindrance to market expansion. Moreover, the slow adoption of automation among small and medium-sized labs and the need for additional training for personnel operating automated systems present further challenges.
Liquid Handling Systems Market Outlook:
The liquid handling systems market is segmented by type, product, application, end user, and geography. This report evaluates industry trends and provides an analysis of the competitive landscape at regional and global levels.
By type, automated liquid handling systems are anticipated to hold the largest share in 2022 due to their accuracy, cost-effectiveness, and demand in high-throughput screening applications.
The pipette segment is expected to dominate the product category in 2022 due to its widespread use in laboratory settings for precise liquid handling and measurement.
The drug discovery application segment is projected to lead the market in 2022, supported by the growing research focused on developing new and personalized medicines.
In terms of end users, biotechnology and pharmaceutical companies are anticipated to dominate the market due to their significant R&D investments and collaborations for drug development.
The regional analysis indicates that North America is expected to capture the largest market share in 2022, followed by Europe and Asia-Pacific. The strong presence of the biopharmaceutical industry, high healthcare expenditures, and robust R&D investments contribute to North America’s leading position.
Key Playres
The key players operating in the liquid handling systems market are Thermo Fisher Scientific Inc. (U.S.), Agilent Technologies, Inc. (U.S.), Danaher Corporation (U.S.), Eppendorf AG (Germany), Hamilton Company (U.S.), PerkinElmer, Inc. (U.S.), Tecan Group Ltd. (Switzerland), PRIMADAG SAS (France), BRAND GMBH + CO KG (Germany), Hudson Robotics (U.S.), SPT Labtech (U.K.), F. Hoffmann-La Roche Ltd. (Switzerland), QIAGEN N.V. (Netherlands), and Mettler-Toledo International, Inc (U.S.).
To gain more insights into the market with a
detailed table of content and figures, click here:https://www.meticulousresearch.com/product/liquid-handling-systems-market-5397
Key questions answered in the report-
- Which are the high-growth market segments in terms of type, product, application, end user, and region/country?
- What was the historical market size for liquid handling systems across the globe?
- What are the market forecasts and estimates for the period 2022–2029?
- What are the major drivers, restraints, opportunities, and challenges in the global liquid handling systems market?
- Who are the major players in the liquid handling systems market?
- How is the competitive landscape, and who are the market leaders in the global liquid handling systems market?
- What are the recent developments in the global liquid handling systems market?
- What are the different strategies adopted by the major players in the global liquid handling systems market?
- What are the geographical trends and high-growth regions/countries?
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