Automated liquid handling systems allow reliable dispensing and accurate delivery of small volumes of liquid reagents and samples across different areas of life science research such as genomics, proteomics, drug discovery and clinical diagnostics. They reduce human errors and increase productivity by automating repetitive and complex procedures.
The global Automated Liquid Handling Systems Market is estimated to be valued at US$ 4.63 Bn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Key Trends:
One of the major trends in the automated liquid handling systems market is the growing consolidation. Leading players are actively acquiring regional players to expand their geographic presence. For instance, in February 2020, Danaher Corporation acquired the biopharma business of GE Life Sciences including its life sciences portfolio of bioprocessing instrumentation and software. This strengthened Danaher's position as a leading life sciences company.
Segment Analysis
The global automated liquid handling systems market is segmented by product type and end-user. Based on product type, the pipettors segment dominated the market in 2022 and is likely to maintain its dominance during the forecast period. This is attributed to its widespread adoption across industries for pipetting various volumes of liquids. Pipettors provide accurate, repeatable, and reproducible pipetting and are used in several industries including clinical diagnostics, pharmaceutical and biotechnology, and academic & research institutions.
Key Takeaways
Global Automated Liquid Handling Systems Market Demand is expected to witness high growth, exhibiting a CAGR of 5.8% over the forecast period, due to increasing demand for error-free liquid handling processes in clinical diagnostics and drug discovery.
Regional analysis: North America dominated the global market in 2022 and is expected to maintain its dominance during the forecast period. This is attributed to the presence of major automated liquid handling system companies and rapid adoption of advanced technologies across end-use industries. The Asia Pacific region is expected to exhibit the fastest growth over the forecast period, owing to rising R&D investments, increasing number of CROs and biopharmaceutical companies, and growing focus on developing generic drugs.
Key players: Key players operating in the automated liquid handling systems market are Agilent Technologies, Bio-Rad Laboratories, Corning Incorporated, Labcyte Inc., and Perkin Elmer Inc. Agilent Technologies offers a wide range of automated liquid handling systems including open architecture, modular, and standalone instruments. Bio-Rad Laboratories provides automated liquid handling workstations and reagent dispensers such as the Echo 555 Acoustic Liquid Handler.
Get More Insights on this Topic- https://www.dailyprbulletin.com/automated-liquid-handling-systems-market-demand-and-outlook/
