Liquid Handling Technology Market 2021-2027: Global Size, Share, Growth, Trends

Precision Business Insights published a research report on “Liquid Handling Technology Market: By Product (Automated Workstations, Small Devices, and Consumables), By Type (Automated Liquid Handling, Manual Liquid Handling, Semi-Automated Liquid Handling), By Application (Drug Discovery & ADME-Tox Research, Cancer & Genomic Research, Bioprocessing & Biotechnology, and Others), By End User (Academic & Research Institutes, Pharmaceutical & Biotechnology Companies, and Contract Research Organizations), and Geography- Global/Region/Country Forecast to 2027", The global liquid handling technology market size was valued at USD 3.65 billion in the year 2020 and projected to grow at USD 6.62 billion till 2027 witnessing a CAGR rate of 8.4% during the estimation years 2021-2027.

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and --other qualitative sections with an in-depth TOC on “Global Liquid Handling Technology Market: By Product (Automated Workstations, Small Devices, and Consumables), By Type (Automated Liquid Handling, Manual Liquid Handling, Semi-Automated Liquid Handling), By Application (Drug Discovery & ADME-Tox Research, Cancer & Genomic Research, Bioprocessing & Biotechnology, and Others), By End User (Academic & Research Institutes, Pharmaceutical & Biotechnology Companies, and Contract Research Organizations), and Geography- Global/Region/Country Forecast to 2027".

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Growing Investments in drug R&D by the Pharmaceutical Industries is fuelling the Liquid Handling Technology Market
Liquid handling technology market report provides a complete outlook around the region by especially focusing on major regions such as Asia Pacific, Europe, Middle East, Africa, North America, and Latin America. This market report further aims at covering present and future market sizes according to region, product type, end-user and application. This market report also aims at providing key advancements, granular level data, and market dynamics such as market drivers and technological developments. An increase in concerns for the economical use of consumables by liquid handling technologies and growing adoption of advanced liquid handling technologies, which has lessened the timelines of the sample processing and very less area needed are the factors fuelling the market growth. Furthermore, liquid handling technology development lessens the development pricing and eases the launch of novel products, and growing investments by the pharmaceutical industries in drug R&D especially in economies such as China and India are a few more factors that contribute to driving the liquid handling technology market growth. Consumables accounted for a big revenue share due to the factors such as recurrent use of consumables resulting in the recurring buying of products and high volume needs of sample input.

North America witnessed larger revenue share in the Global Liquid Handling Technology Market
North America witnesses larger revenue share in the global liquid handling technology market with considerable CAGR rate due to key players collaborating with the universities and research centers for developing novel technologies and fast adoption of automation instruments in the U.S based research facilities. Rising economies are anticipated to reveal rapid growth rate over the evaluation time period because of the growing number of research institutes and universities. Increasing trends of high-throughput technologies and laboratory automation have driven the demand for liquid dispensing in different clinical workflows like protein crystallization processes, DNA sequencing and drug screening in the region.

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Competitive Analysis - Global Liquid Handling Technology Market
There are several major players operating in the global liquid handling technology market such as Agilent Technologies., Aurora Biomed Inc, Borosil Glass Works Ltd., BioTek Instruments, Inc, Eppendorf AG and Hamilton Company. Key players in the market focus on adopting some novel strategies such as acquisitions, mergers, novel product releases and collaborations to leverage their position in the market and increase the product collection. These players also focus on expanding their business in the marketplace.

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