Press release
Insights on th Liquid Handling Technology Market to 2026 - Featuring AutoGen, Eppendorf, Formulatrix, Aurora Biomed Inc.
According to The Insight Partners market research study titled ‘Liquid Handling Technology Market to 2027 – Global Analysis and Forecasts by Product, Type, Application, End-User and Geography. The global liquid handling technology market is expected to reach US$ 5,705.63 Mn in 2027 from US$ 3,201.36 Mn in 2018. The market is estimated to grow with a CAGR of 6.7% from 2019-2027.The major players operating in the liquid handling technology market include Agilent Technologies, Inc., Aurora Biomed Inc., AutoGen, Inc., Danaher Corporation, Bio-Rad Laboratories, Inc., Analytik Jena AG (Endress+Hauser Management AG), Corning Incorporated, Eppendorf, Formulatrix, Inc., and Gilson Incorporated among others. The market has carried out various organic growth strategies in the market.
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The organic strategies were conducted majorly and the strategies have assisted in strengthening their product offering and position in the global liquid handling technology market.
Driving Factors:
The market for liquid handling technology is expected to grow significantly due to factors such as increasing drug discovery activities, growing biopharmaceutical industry, and rising research and development expenses. Whereas, the market is expected to have slow growth due to the scarcity of skilled professionals during the forecast period.
The growth of the global liquid handling technology market is attributed to the increasing drug discovery activities, growing biopharmaceutical industry and rising research and development expenses. However, scarcity of skilled professionals is the major factor hindering the market growth.
Covid 19 Impact on Market
The global liquid handling technology market is expected to witness substantial growth post-pandemic. The COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The COVID-19 crisis has overburdened public health systems in many countries and highlighted the strong need for sustainable investment in health systems. As the COVID-19 pandemic progresses, the healthcare industry is expected to see a drop in growth. The life sciences segment thrives due to increased demand for invitro diagnostic products and rising research and development activities worldwide.
Product -Based Insights:
In terms of product, the global liquid handling technology market is segmented into automated workstation, small devices and consumables. In 2018, the consumables segment held largest share of the market. Also, the same segment is estimated to register the highest CAGR during the forecast period.
Type-Based Insights
Based on type, the global liquid handling technology market is segmented into automated liquid handling, manual liquid handling and semi-automated liquid handling. The semi-automated liquid handling segment held the largest market share in 2018.
Strategic Insights
The global liquid handling technology market players are adopting the product launch and expansion strategies to cater to changing customer demands worldwide, which also allows them to maintain their brand name globally.
Market Segmentation:
Global Liquid Handling Technology Market – by Product
Automated Workstations
Small Devices
Pipettes
Dispensers
Burettes
Others
Consumables
Reagents
Disposable Tips
Tubes and Plates
Others
Global Liquid Handling Technology Market – by Type
Automated Liquid Handling
Manual Liquid Handling
Semi-Automated Liquid Handling
Global Liquid Handling Technology Market – by Application
Drug Discovery and ADME-Tox Research
Cancer and Genomic Research
Bioprocessing/Biotechnology
Global Liquid Handling Technology Market – by End- User
Pharmaceutical and Biotechnology Companies
Contract Research Organization (CRO)
Academic and Research Institutes
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Contact Us
Contact Person: Sameer Joshi
Phone: +1-646-491-9876
Email Id: sales@theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Semiconductors, Healthcare, Manufacturing, Automotive and Defense.
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