Meticulous Research®, a globally recognized market research company, has published a new 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.’
Download PDF Brochure @ https://www.meticulousresearch.com/download-sample-report/cp_id=5397
According to the latest research by Meticulous Research®, the liquid handling systems market is forecasted to reach a value of $6.99 billion by 2029, growing at a CAGR of 6.4% between 2022 and 2029. This projected growth is driven by several factors, including the expansion of the pharmaceutical and biotechnology sectors, increasing RD investments by biopharmaceutical firms, the rising demand for automation in laboratories, and the growing use of high-throughput screening.
Moreover, emerging opportunities in genomics and proteomics research, as well as the growth in developing markets, are expected to fuel further market expansion.
However, the high costs associated with automated liquid handling systems may hinder growth in the market. Additionally, the slow adoption of automation by small and medium-sized laboratories and the requirement for specialized training in operating automated robotic liquid handling systems pose challenges to the market's growth.
Liquid Handling Systems Market: Key Drivers and Future Growth
The liquid handling systems market is segmented based on type, product portfolio, application, end user, and geography. The report also includes an in-depth analysis of key competitors and evaluates the market at the regional and country levels.
By type, the automated liquid handling systems segment is anticipated to hold the largest share of the market in 2022. This is due to the many benefits provided by automated systems, such as improved accuracy, efficiency, and their ability to handle high-throughput screening.
In terms of product, the pipette segment is expected to lead the market in 2022, driven by their widespread use in laboratories, ability to measure small analytes, and versatile application across various industries.
For application, the drug discovery segment is projected to hold the largest market share in 2022, fueled by rising research initiatives and the need for innovative personalized drugs.
Among end users, the biotechnology and pharmaceutical industries are expected to dominate in 2022, due to significant RD investments and the development of new therapeutic options through collaborative efforts.
Regional Market Breakdown
The report provides a detailed analysis of major regional markets, including North America (comprising the U.S. and Canada), Europe (which includes Germany, France, U.K., Italy, Spain, and the rest of Europe), Asia-Pacific (encompassing Japan, China, India, and neighboring regions), Latin America, and the Middle East Africa.
In 2022, North America is expected to account for the largest share of the global liquid handling systems market, followed by Europe and Asia-Pacific. The dominance of North America is attributed to its well-established biopharmaceutical sector, significant healthcare spending, rising demand for high-throughput screening technologies, and increased RD investment in the region.
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?
Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
