Market snapshot- Liquid Handling Systems Market with Key Players: Beckman Coulter, PerkinElmer, Inc., Tecan, Danaher Corporation, Thermo Fisher Scientific

The Liquid Handling Systems Market is set to exceed USD 2.0 billion by 2024; according to a new research study published by Global Market Insights, Inc. Increasing incidence of infectious diseases along with growing demand for high-throughput diagnosis of such diseases is boosting the liquid handling systems market. Increasing application of various laboratory processes such as PCR, ELISA, array printing, plate replication, serial dilution, cell culture and whole genome amplification is also boosting the industry growth.

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Presence of huge number of pharmaceutical companies as well as strong biotechnology sector in developed countries such as U.S., Germany and Japan are enhancing market growth. In addition, adoption of automated liquid handling devices in such countries for biomedical research is helping in the elimination of pipetting errors, hence maximizing accurate results. All these factors will increase the opportunity for the growth of liquid handling systems market in these regions.

Indicating the significance of automated processes, industry experts claim that the pharmaceutical sector in countries like China will require automation to capture or maintain their position in the global markets. Mounting pressure to reduce costs of R&D as well as for eliminating human errors in clinical trials has brought the automatic liquid handling systems industry into focus. Companies in the U.S. and Europe have already adopted automation in their manufacturing facilities to provide improved performance and high quality drugs. However, with increasing prevalence of chronic and life threatening ailments, the need for early diagnosis of cancer and other infectious diseases has been widely comprehended, driving the progression of diagnostic centers.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• Beckman Coulter
• PerkinElmer, Inc.
• Tecan
• Danaher Corporation
• Thermo Fisher Scientific
• Eppendorf North America Sartorius
• Agilent Technologies
• QIAGEN
• Hudson Robotics, Inc.
• BioTek Instruments

Diabetes and obesity, often related to each other, are becoming more prevalent in developed and emerging economies. Symptoms of diabetes can appear suddenly and most of the times require effective diagnostic solutions to check sugar levels in blood and determine the type of disease. Diabetes and prediabetes symptoms, many a times, are not evident and government organizations even provide suitable guidelines for the screening of the disorder. The liquid handling systems market will garner substantial benefits from the growing awareness regarding diabetes and the risk of obesity. As more people utilize the services of diagnostic centers and labs, automated instruments will help to reduce the time spent on repetitive tasks.

Elaborating on the potential of diagnostic centers to bolster the liquid handling systems industry, almost 422 million people in the world had diabetes in 2014 and in 2016, about 1.6 million fatalities were attributed to the disease. It was also reported that nearly 84.1 million people aged 18 years or older in the U.S. had prediabetes, which represents a risk of developing type 2 diabetes. Experts can surmise that with the vast number of diabetes cases noticed across the globe, diagnostic labs will need to become more sophisticated over the coming years, giving fast and more accurate results. Automatic liquid handling systems market will be critical in helping centers speed up monotonous diagnostic activities involved in blood screening, DNA analysis, among other processes.

Obesity has become a real concern for millions around the world as it not only indicates a probability of having diabetes but also other fatal chronic diseases. Obesity and overweight are associated with up to thirteen types of cancers, including stomach, bowel, oesophageal, liver, pancreas, gallbladder and kidney. Subsequently, diagnostic centers have witnessed increasing investments towards the early detection of these diseases and assist in developing treatment options. Statistics show that in the U.K., obesity and overweight is the second leading cause of cancers after smoking and almost 62% adults in the region are obese or overweight. Having enormous technical capabilities and funds, the region will contribute considerably towards the automatic liquid handling systems market.

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Prominent industry players include Gilson Incorporated, Tecan, Hamilton Co., Eppendorf AG, Thermo Fisher Scientific, Inc., Sartorius and others. These market players have adopted innovative strategies such as new product development, improving their manufacturing footprint, merger and acquisition, and geographical expansion for improving their position in the market place.

Global Market Insights Inc. is a global market research and management consulting company catering to leading corporations, non-profit organizations, universities and government institutions. Our main goal is to assist and partner organizations to make lasting strategic improvements and realize growth targets. Our industry research reports are designed to provide granular quantitative information, combined with key industry insights, aimed at assisting sustainable organizational development.

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This release was published on openPR.