USD 3.8 billion
Liquid Handling System Market Size, Share, Growth Analysis, By Product (Pipettes, Burettes), By Type (Automated, Manul), Application (Drug Discovery, Genomics), By Instrument Type, By End Use, By Modality, By Region - Industry Forecast 2024-2031
Report ID:
SQMIG15B2074 |
Region:
Global |
Published Date: December, 2024
Pages:
157
|Tables:
93
|Figures:
76
Liquid Handling System Market Insights
Global Liquid Handling System Market size was valued at USD 3.8 billion in 2022 and is poised to grow from USD 4.1 billion in 2023 to USD 6.9 billion by 2031, growing at a CAGR of 6.9% during the forecast period (2024-2031).
The global liquid handling system market has experienced significant growth and is expected to continue expanding in the coming years. This growth can be attributed to factors such as advancements in technology, increasing demand for automation in laboratory processes, and the rising need for high-throughput screening in various industries including pharmaceuticals, biotechnology, and academic research.
Liquid handling systems play a crucial role in enhancing efficiency, accuracy, and reproducibility in liquid-based tasks such as pipetting, diluting, and dispensing. The market has seen a shift towards automation and integration with robotic platforms, allowing for higher throughput and improved precision.
Technological advancements, such as software interfaces and innovative features, have further contributed to the market's development. While challenges exist, including the high cost of instruments and the need for skilled operators
US Liquid Handling System Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
automated liquid handling systems
Fastest Growth
Drug discovery and genomics
Growth Rate
6.9% CAGR
Global Liquid Handling System Market ($ Bn)
Country Share for North America Region (%)
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Liquid Handling System Market Segmental Analysis
Global Liquid Handling System Market is segmented by Product, Type, Application, Instrument Type, End-use, Modality and Region. Based on Products, the market is segmented into Pipettes, Burettes, Consumables Microplate Reagent Dispensers, Microplate Washers. Based on Type, the market is segmented into Automated Liquid Handling System, Manual Liquid Handling System, Semi-Automated Liquid Handling System, Electronic Liquid Handling System. Based on Application, the market is segmented into Drug Discovery, Diagnostics Centres, Genomics, Proteomics, Clinical Diagnostics, Biotechnology, Others. Based on Instrument Type, the market is segmented into Standalone, Individual Benchtop Workstation, Multi Instrument Systems, Others. Based on End-use, the market is segmented into Biotechnology and Pharmaceutical Companies, Research Institutes, Academic Institutes, Hospitals and Diagnostics Laboratories, Other End Users. Based on Modality, the market is segmented into Fixed Tips, Disposable Tips. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Liquid Handling System Market Analysis by Product
The automated liquid handling systems segment holds a dominant position in the market due to its ability to streamline laboratory workflows, enhance precision, and improve productivity. With the increasing demand for high-throughput screening and automated sample preparation, automated liquid handling systems have witnessed a surge in adoption across various industries, including pharmaceuticals, biotechnology, and clinical diagnostics.
The allure of automated liquid handling systems lies in their remarkable capabilities to perform complex liquid handling tasks with unparalleled accuracy and reproducibility. These systems are equipped with advanced robotics, precision pipetting technology, and sophisticated software interfaces, enabling seamless integration with laboratory information management systems (LIMS) and other instruments.
Moreover, automated liquid handling systems offer significant time and cost savings by reducing manual errors and minimizing reagent wastage. Researchers can achieve higher throughput and process a larger volume of samples, leading to accelerated scientific discoveries and efficient drug development.
Liquid Handling System Market Analysis by Application
Among the various applications of liquid handling systems, the largest segment and the fastest growing segment are drug discovery and genomics, respectively, shaping the landscape of the global liquid handling system market .The application of liquid handling systems in drug discovery takes center stage as the largest segment, revolutionizing the pharmaceutical industry. These systems play a pivotal role in the early stages of drug development by enabling accurate and efficient handling of compounds, reagents, and samples. Liquid handling systems facilitate high-throughput screening, allowing researchers to rapidly screen thousands or even millions of compounds for their potential therapeutic activity. With the increasing need for novel drugs to address complex diseases, the drug discovery segment is witnessing substantial demand, propelling the growth of the liquid handling system market.
On the other hand, the genomics segment emerges as the fastest growing segment within the liquid handling system market. Genomics research has gained immense significance as it offers insights into the structure, function, and interaction of genes, thereby advancing our understanding of genetic diseases and personalized medicine. Liquid handling systems are crucial for tasks such as DNA extraction, sample preparation, PCR amplification, DNA sequencing, and genotyping. The high-throughput capabilities of liquid handling systems enable researchers to process large volumes of genetic material efficiently. With the rapid advancements in genomics research, including the advent of next-generation sequencing technologies, the demand for liquid handling systems in the genomics segment is poised to grow at an impressive rate.
Global Liquid Handling System Market By type
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Liquid Handling System Market Regional Insights
The global liquid handling system market showcases regional variations in terms of market dominance and the fastest-growing regions, with North America emerging as the dominating region and Asia-Pacific as the fastest growing region. North America, with its robust healthcare infrastructure and a strong presence of pharmaceutical and biotechnology companies, holds the dominant position in the global liquid handling system market . The region boasts advanced research and development facilities, cutting-edge technologies, and a high level of investment in laboratory automation. The presence of key market players in North America, along with the emphasis on precision medicine and genomics research, has contributed to the region's market dominance. For example, leading companies like Thermo Fisher Scientific Inc. and PerkinElmer Inc., both based in North America, have been instrumental in driving innovations in liquid handling systems, catering to the diverse needs of the industry. The region's strong focus on drug discovery, clinical diagnostics, and genomics research further solidifies its position as the dominant market for liquid handling systems.
Asia-Pacific, on the other hand, emerges as the fastest-growing region in the global liquid handling system market . The region is witnessing rapid advancements in healthcare infrastructure, increased funding for research and development activities, and growing adoption of laboratory automation technologies. Countries like China, Japan, and India are experiencing significant growth in biotechnology and pharmaceutical sectors, along with a rising demand for personalized medicine and genomics-based diagnostics. This, in turn, has fueled the demand for liquid handling systems in the region. For instance, in China, the government's initiatives to enhance research capabilities and investments in life sciences have led to a surge in demand for liquid handling systems to support drug discovery and genomics research. Moreover, the growing number of contract research organizations and academic research institutes in the region further contribute to the market's rapid growth.
The dominating position of North America and the rapid growth of Asia-Pacific exemplify the regional dynamics within the global liquid handling system market . These regions serve as hotbeds of technological advancements, research initiatives, and industry collaborations. With a combination of established market dominance and burgeoning opportunities, the liquid handling system market in these regions showcases a thriving landscape, driven by innovation, market demand, and the pursuit of scientific excellence.
Global Liquid Handling System Market By Geography
- Largest
- Fastest
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Liquid Handling System Market Dynamics
Liquid Handling System Market Drivers
Advancements in Automation and Robotics
- The increasing trend towards laboratory automation and integration of liquid handling systems with robotic platforms has been a significant driver in the market. Automation enhances the efficiency and precision of liquid handling tasks, leading to improved productivity and reduced human errors.
Liquid Handling System Market Restraints
Concerns about Contamination and Cross-Contamination
- Liquid handling systems, especially in high-throughput settings, may be susceptible to contamination or cross-contamination between samples or reagents. Laboratories need to implement rigorous protocols and quality control measures to address such concerns.
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Liquid Handling System Market Competitive Landscape
The competitive landscape of the global liquid handling system market is characterized by intense competition and the presence of numerous prominent players. These companies strive to gain a competitive edge through strategies such as product launches, collaborations, acquisitions, and partnerships. These companies focus on continuous innovation to offer advanced liquid handling systems with improved capabilities, automation, and integration features. They also invest in research and development activities to enhance their product portfolios and meet the evolving needs of customers. Additionally, players in the market emphasize expanding their geographic presence and distribution networks to tap into emerging markets and cater to a wider customer base. Overall, the competitive landscape of the liquid handling system market is dynamic and driven by technological advancements, customer demands, and strategic collaborations, as companies aim to position themselves as leaders in this rapidly evolving industry.
Liquid Handling System Market Top Player’s Company Profiles
- Agilent Technologies, Inc. (USA)
- Tecan Group Ltd. (Switzerland)
- PerkinElmer, Inc. (USA)
- Thermo Fisher Scientific, Inc. (USA)
- Hamilton Company (USA)
- Eppendorf AG (Germany)
- Bio-Rad Laboratories, Inc. (USA)
- Mettler-Toledo International, Inc. (Switzerland)
- Gilson, Inc. (USA)
- Corning Incorporated (USA)
- Labcyte Inc. (USA)
- Analytik Jena AG (Germany)
- Beckman Coulter, Inc. (USA)
- Hudson Robotics, Inc. (USA)
- Lonza Group AG (Switzerland)
- Sartorius AG (Germany)
- Zymo Research Corporation (USA)
- BRAND GMBH + CO KG (Germany)
- Formulatrix, Inc. (USA)
- BioTek Instruments, Inc. (USA)
- Qiagen N.V. (Germany)
- Orochem Technologies Inc. (USA)
Liquid Handling System Market Recent Developments
- In November 2022, announcement Agilent Technologies Inc. unveiled the AssayMAP Bravo Protein Sample Prep Workbench 4.0 software. This update introduces a range of new functionalities aimed at ensuring compliance with 21 CFR Part 11. By incorporating these features, the AssayMAP Bravo system now enables automated sample preparation, offering significant advantages for biopharmaceutical drug development workflows.
- In November 2022, Agilent Technologies Inc. revealed that Mike McMullen and Bob McMahon are scheduled to deliver presentations at the 5th Annual Evercore ISI HealthCONx conference. This disclosure came from an official statement provided by Agilent Technologies Inc. (NYSE: A) in recent times.
Liquid Handling System Key Market Trends
- There is a growing shift towards automated liquid handling systems due to their ability to improve efficiency, accuracy, and throughput. Automated systems offer features such as robotic integration, software control, and high precision, enabling laboratories to handle larger volumes of samples and increase productivity.
- Liquid handling systems are increasingly being integrated with laboratory information management systems (LIMS) and other lab informatics platforms. This integration enables seamless data transfer, tracking, and analysis, enhancing overall workflow efficiency and data management.
Liquid Handling System Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Deployment modes team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our analyses, This market analysis highlights a robust growth outlook, driven by factors such as increasing research and development activities in life sciences, pharmaceuticals, and biotechnology sectors, as well as the rising demand for high-throughput screening and automation in laboratories. The market is witnessing a shift towards advanced liquid handling systems with features like robotics, automation, and integrated software for improved efficiency and accuracy. Additionally, the adoption of liquid handling systems is driven by the need for reducing human error, enhancing reproducibility, and achieving higher productivity in sample preparation and analysis. The market is also influenced by factors such as technological advancements, including the integration of robotics, AI, and machine learning, which enable intelligent and automated liquid handling processes. However, challenges such as the high cost of sophisticated liquid handling systems and the need for skilled personnel to operate and maintain these systems may pose limitations to market growth. Overall, the global liquid handling system market presents significant opportunities for manufacturers and suppliers to cater to the evolving needs of the research and laboratory community, and it is expected to witness sustained growth in the foreseeable future.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 3.8 billion |
| Market size value in 2031 | USD 6.9 billion |
| Growth Rate | 6.9% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Liquid Handling System Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Liquid Handling System Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Liquid Handling System Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Liquid Handling System Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Liquid Handling System Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Liquid Handling System Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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