Automated Liquid Handling Market Analysis By 2023 -Tecan Group Ltd., Corning Incorporated, Hamilton Company, Agilent Technologies, Mettler-Toledo International Inc., PerkinElmer Inc., Thermo Fisher Scientific, Inc., Danaher Corporation, Aurora Biomed, and
Global Automated Liquid Handling Market was valued at $585 million in 2016, and is estimated to reach at $1,054 million by 2023, registering a CAGR of 8.7% from 2017 to 2023. Automated liquid handling (ALH) is a laboratory instrument system consisting of tools and equipment designed to execute the sampling, mixing, and combining of liquid samples automatically in clinical and research settings. Automation is adopted in the wide range of life science applications ranging from genomics & proteomics to systems biology. It is highly utilized in clinical diagnostics market followed by research settings.
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The global ALH market is driven by advancement in technological advancements associated with ALH systems, dearth in skilled professionals and advantages of ALH systems over manual pipetting. In addition, rise in awareness of the benefits of using ALH is expected to fuel the market growth.
The automated liquid handling market is segmented based on type, modality, procedure, end user, and geography. Based on type, it is divided into standalone, individual benchtop workstation, multi-instrument system, and others. On the basis of modality, it is bifurcated into fixed tips and disposable tips. Based on procedure, it is classified into PCR set up, serial dilution, high-throughput screening, cell culture, whole genome amplification, plate reformatting, array printing, and other procedures. On the basis of end user, it is classified into biotechnology & pharmaceutical companies, contract research organizations, and academic & government research institutes. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The market is expected to witness a moderate growth during the forecast period, owing to the rise in adoption of ALH systems. The untapped potential of emerging markets, such as China and India, is expected to present various opportunities for market expansion. However, high costs of instruments and complex operability of advanced ALH systems are expected to hamper the market growth.
The report provides extensive competitive analysis and profiles of key market players such as Tecan Group Ltd., Corning Incorporated, Hamilton Company, Agilent Technologies, Mettler-Toledo International Inc., PerkinElmer Inc., Thermo Fisher Scientific, Inc., Danaher Corporation, Aurora Biomed, and Eppendorf Ag.
The other players in the value chain include Shimadzu, Roche Holding Ag, Bio-Rad Laboratories, Inc., Siemens Healthcare, Synchron Lab, and Hudson Robotics.
Asia-Pacific possesses high market potential for the growth of automated liquid handling market, owing to increase in accessibility and availability of ALH systems and rise in healthcare and research expenditure. This region is anticipated to experience rapid market growth due to economic development.
India automated liquid handling market is projected to grow at a CAGR of 12.0% during the forecast period.
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This report provides a detailed quantitative analysis of the current market trends from 2016 to 2023 to identify the prevailing opportunities.
Market estimations are based on comprehensive analysis of the key developments in the industry.
In-depth analysis based on geography assists to understand the regional market and the strategic business planning.
The developmental strategies adopted by key manufacturers are enlisted to understand the competitive scenario of the market.
Automated Liquid Handling Market Key Segments:
• Individual Benchtop Workstation
• Multi-instrument System
• Disposable Tips
• Fixed Tips
• Serial Dilution
• Plate Reformatting
• Plate Replication
• PCR Setup
• High-Throughput Screening
• Cell Culture
• Whole Genome Amplification
• Array Printing
By End User
• Biotechnology & Pharmaceutical Companies
• Contract Research Organizations
• Academic & Government Research Institutes
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