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The total value of the global liquid handling system market was estimated at USD 31.01 billion in 2021, and it is expected to increase at a CAGR of 6.4% from USD 35.2 billion in 2022 to USD 54.2 billion by 2030.
Significant expansion in the worldwide liquid handling system market is anticipated to continue in the years ahead. High-throughput screening is becoming increasingly important in many fields, including pharmaceuticals, biotechnology, and academic research, and its increase can be linked to developments in technology and the expanding demand for automation in laboratories. Pipetting, diluting, and dispensing are just a few examples of liquid-based jobs where liquid handling devices greatly improve efficiency, precision, and reproducibility. Higher throughput and better precision are possible because to the market's shift towards automation and integration with robotic platforms. The growth of the market has also been aided by technological innovations such as user-friendly software interfaces and cutting-edge new functions. However, there are obstacles to overcome, such as the expensive price of equipment and the requirement for trained personnel to operate it.
Product-based Evaluation
The automated liquid handling systems subsegment is currently leading the market because of its capacity to standardise procedures in the lab, boost accuracy, and increase output. The pharmaceutical, biotechnology, and clinical diagnostics industries are just a few that have seen an uptick in the use of automated liquid handling systems to meet the rising need for high-throughput screening and automated sample preparation. Automated liquid handling systems are appealing because of the exceptional accuracy and reproducibility they provide to otherwise complicated liquid handling jobs. Integration with laboratory information management systems (LIMS) and other devices is simplified by the high level of automation and precision offered by these systems.
In addition, automated liquid handling systems save time and money by cutting down on human mistake and wasting of expensive reagents. Scientists can process more samples in less time, which speeds up research and helps pharmaceutical companies create new medicines more quickly.
Methodology of Use Analysis
Drug discovery and genomics are two of the fastest-growing uses for liquid handling systems, and these two industries have a disproportionate impact on the worldwide liquid handling system industry.The pharmaceutical industry has been radically altered by the widespread implementation of liquid handling technologies in the course of drug research. In the early stages of drug research, these systems are crucial because they allow for precise and efficient chemical, reagent, and sample management. High-throughput screening is made possible by liquid handling devices, allowing scientists to test many more chemicals for medicinal potential in a shorter amount of time. The drug discovery subsector is seeing significant demand due to the rising need for novel pharmaceuticals to treat complicated ailments, which is driving the expansion of the liquid handling system market.
In contrast, genomics is the fastest-growing submarket of the liquid handling system sector. The study of genomics has risen to prominence because of the benefits it provides to our understanding of hereditary illnesses and personalised therapy through new information about the structure, function, and interaction of genes. DNA extraction, sample preparation, PCR amplification, DNA sequencing, and genotyping all require liquid handling equipment. Due to the high throughput of liquid handling devices, scientists can treat vast quantities of genetic material with ease. Next-generation sequencing technologies and other breakthroughs in genomics research have boosted expectations for significant growth in the genomics industry's need for liquid handling equipment.
Differences in market dominance and growth rates between regions are on display in the worldwide liquid handling system market, with Asia-Pacific appearing as the fastest-growing region and North America as the dominant region. The worldwide liquid handling system market is dominated by North America due to the region's advanced healthcare system and abundance of pharmaceutical and biotechnology firms. The area has state-of-the-art lab automation systems, state-of-the-art research facilities, and cutting-edge technologies. North America leads the market because of its concentration of industry leaders and its commitment to precision healthcare and genomics research. North American industry heavyweights like Thermo Fisher Scientific Inc. and PerkinElmer Inc., for instance, have been at the forefront of liquid handling system advancements, meeting the needs of businesses of all sizes. The region is already the largest market for liquid handling systems, and its emphasis on drug discovery, clinical diagnostics, and genomics research only strengthens that position.
However, the Asia-Pacific region is expected to grow at the quickest rate in the worldwide liquid handling system market. Developments in healthcare infrastructure, financing for R&D, and laboratory automation are all increasing at a rapid pace in the region. The need for personalised medicine and genomics-based diagnostics is on the rise, and countries like China, Japan, and India are seeing massive expansions in their biotechnology and pharmaceutical industries as a result. In turn, this has increased the need for liquid handling systems in the area. Increased demand for liquid handling systems to aid in drug discovery and genomics research, for example, may be traced back to China's government's efforts to boost research capacities and investments in the life sciences. The increasing number of university research institutes and contract research organisations in the region also contribute to the market's quick expansion.
Report Coverage
Global Liquid Handling System research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Liquid Handling System report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Liquid Handling System competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Liquid Handling System market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Liquid Handling System market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Liquid Handling System market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Thermo Fisher Scientific Inc. (US), Tecan Group Ltd. (Switzerland), Hamilton Company (US), PerkinElmer Inc. (US), Gilson, Inc. (US), Eppendorf AG (Germany), Agilent Technologies, Inc. (US), Danaher Corporation (US), Corning Incorporated (US), Sartorius AG (Germany), Bio-Rad Laboratories, Inc. (US), Mettler-Toledo International Inc. (US), Qiagen N.V. (Netherlands), Lonza Group Ltd. (Switzerland), Aurora Biomed Inc. (Canada), Analytik Jena AG (Germany), Beckman Coulter, Inc. (US), Brand GmbH + Co KG (Germany), Labcyte Inc. (US), Hudson Robotics, Inc. (US)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Liquid Handling System market based on the below-mentioned segments:
Global Liquid Handling System Market, By Type
Electronic Liquid Handling Systems
Automated Liquid Handling Systems
Manual Liquid Handling Systems
Global Liquid Handling System market, By Application
Drug Discovery
Genomics
Clinical Diagnostics
Proteomics
Other Applications
Global Liquid Handling System Market, By End User
Biotechnology & Pharmaceutical Companies
Research Institutes
Hospital & Diagnostic Laboratories
Academic Institutes
Other End Users
Global Liquid Handling System market, Regional Analysis
Significant expansion in the worldwide liquid handling system market is anticipated to continue in the years ahead. High-throughput screening is becoming increasingly important in many fields, including pharmaceuticals, biotechnology, and academic research, and its increase can be linked to developments in technology and the expanding demand for automation in laboratories. Pipetting, diluting, and dispensing are just a few examples of liquid-based jobs where liquid handling devices greatly improve efficiency, precision, and reproducibility. Higher throughput and better precision are possible because to the market's shift towards automation and integration with robotic platforms. The growth of the market has also been aided by technological innovations such as user-friendly software interfaces and cutting-edge new functions. However, there are obstacles to overcome, such as the expensive price of equipment and the requirement for trained personnel to operate it.
Product-based Evaluation
The automated liquid handling systems subsegment is currently leading the market because of its capacity to standardise procedures in the lab, boost accuracy, and increase output. The pharmaceutical, biotechnology, and clinical diagnostics industries are just a few that have seen an uptick in the use of automated liquid handling systems to meet the rising need for high-throughput screening and automated sample preparation. Automated liquid handling systems are appealing because of the exceptional accuracy and reproducibility they provide to otherwise complicated liquid handling jobs. Integration with laboratory information management systems (LIMS) and other devices is simplified by the high level of automation and precision offered by these systems.
In addition, automated liquid handling systems save time and money by cutting down on human mistake and wasting of expensive reagents. Scientists can process more samples in less time, which speeds up research and helps pharmaceutical companies create new medicines more quickly.
Methodology of Use Analysis
Drug discovery and genomics are two of the fastest-growing uses for liquid handling systems, and these two industries have a disproportionate impact on the worldwide liquid handling system industry.The pharmaceutical industry has been radically altered by the widespread implementation of liquid handling technologies in the course of drug research. In the early stages of drug research, these systems are crucial because they allow for precise and efficient chemical, reagent, and sample management. High-throughput screening is made possible by liquid handling devices, allowing scientists to test many more chemicals for medicinal potential in a shorter amount of time. The drug discovery subsector is seeing significant demand due to the rising need for novel pharmaceuticals to treat complicated ailments, which is driving the expansion of the liquid handling system market.
In contrast, genomics is the fastest-growing submarket of the liquid handling system sector. The study of genomics has risen to prominence because of the benefits it provides to our understanding of hereditary illnesses and personalised therapy through new information about the structure, function, and interaction of genes. DNA extraction, sample preparation, PCR amplification, DNA sequencing, and genotyping all require liquid handling equipment. Due to the high throughput of liquid handling devices, scientists can treat vast quantities of genetic material with ease. Next-generation sequencing technologies and other breakthroughs in genomics research have boosted expectations for significant growth in the genomics industry's need for liquid handling equipment.
Differences in market dominance and growth rates between regions are on display in the worldwide liquid handling system market, with Asia-Pacific appearing as the fastest-growing region and North America as the dominant region. The worldwide liquid handling system market is dominated by North America due to the region's advanced healthcare system and abundance of pharmaceutical and biotechnology firms. The area has state-of-the-art lab automation systems, state-of-the-art research facilities, and cutting-edge technologies. North America leads the market because of its concentration of industry leaders and its commitment to precision healthcare and genomics research. North American industry heavyweights like Thermo Fisher Scientific Inc. and PerkinElmer Inc., for instance, have been at the forefront of liquid handling system advancements, meeting the needs of businesses of all sizes. The region is already the largest market for liquid handling systems, and its emphasis on drug discovery, clinical diagnostics, and genomics research only strengthens that position.
However, the Asia-Pacific region is expected to grow at the quickest rate in the worldwide liquid handling system market. Developments in healthcare infrastructure, financing for R&D, and laboratory automation are all increasing at a rapid pace in the region. The need for personalised medicine and genomics-based diagnostics is on the rise, and countries like China, Japan, and India are seeing massive expansions in their biotechnology and pharmaceutical industries as a result. In turn, this has increased the need for liquid handling systems in the area. Increased demand for liquid handling systems to aid in drug discovery and genomics research, for example, may be traced back to China's government's efforts to boost research capacities and investments in the life sciences. The increasing number of university research institutes and contract research organisations in the region also contribute to the market's quick expansion.
Report Coverage
Global Liquid Handling System research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Liquid Handling System report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Liquid Handling System competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Liquid Handling System market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Thermo Fisher Scientific Inc. (US), Tecan Group Ltd. (Switzerland), Hamilton Company (US), PerkinElmer Inc. (US), Gilson, Inc. (US), Eppendorf AG (Germany), Agilent Technologies, Inc. (US), Danaher Corporation (US), Corning Incorporated (US), Sartorius AG (Germany), Bio-Rad Laboratories, Inc. (US), Mettler-Toledo International Inc. (US), Qiagen N.V. (Netherlands), Lonza Group Ltd. (Switzerland), Aurora Biomed Inc. (Canada), Analytik Jena AG (Germany), Beckman Coulter, Inc. (US), Brand GmbH + Co KG (Germany), Labcyte Inc. (US), Hudson Robotics, Inc. (US) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Liquid Handling System Market from 2021 to 2030.
- Market Forecast for Liquid Handling System Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Liquid Handling System competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Liquid Handling System
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Liquid Handling System market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Liquid Handling System market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Thermo Fisher Scientific Inc. (US), Tecan Group Ltd. (Switzerland), Hamilton Company (US), PerkinElmer Inc. (US), Gilson, Inc. (US), Eppendorf AG (Germany), Agilent Technologies, Inc. (US), Danaher Corporation (US), Corning Incorporated (US), Sartorius AG (Germany), Bio-Rad Laboratories, Inc. (US), Mettler-Toledo International Inc. (US), Qiagen N.V. (Netherlands), Lonza Group Ltd. (Switzerland), Aurora Biomed Inc. (Canada), Analytik Jena AG (Germany), Beckman Coulter, Inc. (US), Brand GmbH + Co KG (Germany), Labcyte Inc. (US), Hudson Robotics, Inc. (US)
Primary Target Market
- Market Players of Liquid Handling System
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Liquid Handling System market based on the below-mentioned segments:
Global Liquid Handling System Market, By Type
Electronic Liquid Handling Systems
Automated Liquid Handling Systems
Manual Liquid Handling Systems
Global Liquid Handling System market, By Application
Drug Discovery
Genomics
Clinical Diagnostics
Proteomics
Other Applications
Global Liquid Handling System Market, By End User
Biotechnology & Pharmaceutical Companies
Research Institutes
Hospital & Diagnostic Laboratories
Academic Institutes
Other End Users
Global Liquid Handling System market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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