Liquid Handling Technology Market To Reach USD 6,323.9 Million By 2027 - Reports and Data

The global liquid handling technology market is forecasted to reach USD 6,323.9 Million by 2027, according to a new report by Reports and Data. The liquid handling technology market is observing rapid growth attributed to its increasing application in the drug discovery process. Quality control using liquid handling technology is crucial in compound preparation & management, due to the introduction of variability by compound volume errors in assays, even if it is the most robust one. During the early phase of compound preparation, it is essential that liquid-based solution volumes must be correct for precise analysis at a later stage. Identification and correction for liquid handling error at the early stage in the drug discovery process lead to saving time, resources, and money

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/3713

The pharma and healthcare industry is expected to observe significant growth over the coming years attributed to the increasing incidence of chronic diseases across the globe, growing geriatric patient pool, availability of advanced and minimally invasive surgical and diagnostics procedures, favorable reimbursement scenario, and presence of a robust product pipeline of drugs and therapeutics. In addition, the growing integration of IoT, ML, and AI in medical procedures and equipment along with rapid progress in drug design and development. A combination of innovation and technology has brought about massive changes in the healthcare industry and the rapid adoption of telemedicine, remote consultation, and e-prescription has significantly contributed to the revenue growth of the market.

Research Methodology:

Reports and Data utilizes a unique approach to research to offer a comprehensive overview of the global Liquid Handling Technology Market to offer insights into investment opportunities for stakeholders, investors, clients, and businesses to make informed decisions. The report includes SWOT analysis, Porter's Five Forces analysis, feasibility analysis, and investment return analysis to offer a better understanding of the market scenario.

Inquiry Before Buying @ https://www.reportsanddata.com/inquiry-before-buying/3713

Asia Pacific is expected to lead the market growth over the coming years owing to rapid advancements in the healthcare sector in APAC countries such as India, China, and Japan. North America is anticipated to register the highest market growth over the forecast period attributed to the increasing availability of robust healthcare and clinical settings, legalization of medical marijuana, favorable reimbursement scenario, presence of key market players, and rapid technological advancements in the region.

The growing popularity of over-the-counter medications driving market growth

Growing incidence of acute and chronic diseases and lesser access to advanced medical facilities owing to low disposable income levels are driving the demand for over-the-counter medications. Availability of generic and low-cost alternatives to medical therapies are some other factors playing a major role in driving demand for over-the-counter medications.

Restriction on product launches and R&D activities to hamper the market growth

The imposition of strict government regulations and shortage of funds has put a halt on product launches and R&D activities and is expected to restrain market growth over the forecast period. In addition, the launch of expensive drugs and therapies and increasing regulations regarding safety and approvals are also hampering the market growth.

Browse Full Report Description with Research Methodology, Table of Content, and Infographics @https://www.reportsanddata.com/report-detail/liquid-handling-technology-market

Competitive Landscape:

The global market comprises various market players operating at regional and global levels. These key players are adopting various strategies such as R&D investments, license agreements, partnerships, mergers and acquisitions, collaborations, and joint ventures to gain a robust footing in the market.

Key participants include AutoGen Inc., Bio-Rad Laboratories, Analytik Jena AG, Aurora Biomed Inc., Biotek Instruments Inc., Corning Inc., Formulatrix Inc., Agilent Technologies, Danaher Corporation, and Lonza Group AG, among others.

Liquid Handling Technology Market Segmentation:

Component Outlook (Revenue, USD Million; 2017-2027)

Automated Workstations
Standalone Liquid Handlers
Integrated Liquid Handlers
Small Devices
Burettes
Pipettes
Dispensers
Others
Consumables
Reagents
Tubes & Plates
Others
Product Type Outlook (Revenue, USD Million; 2017-2027)

Automated Liquid Handling
Semi-Automated Liquid Handling
Manual Liquid Handling
Application Outlook (Revenue, USD Million; 2017-2027)

Drug Discovery
ADMET Research
Cancer & Genomic Research
Bioprocessing
Others
End-User Outlook (Revenue, USD Million; 2017-2027)

Research Institutes
Pharmaceutical Companies
Contract Research Organizations
Regional Outlook:

North America (U.S., Canada, Mexico)
Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
Latin America (Brazil, Rest of LATAM)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of the Middle East & Africa)

Frequently asked questions addressed in the report:

What is the revenue growth rate of the global Liquid Handling Technology market over the forecast period?
What are the major factors driving the growth of the Global Liquid Handling Technology Market?
What are the key challenges impacting the global Liquid Handling Technology market growth?
What are the outcomes of the SWOT Analysis and Porter's Five Forces Analysis conducted in the report?

Request customization on the report @ https://www.reportsanddata.com/request-customization-form/3713

Thank you for reading our report. For more details please connect with us and our team will ensure the report is customized to meet all the needs of clients. The report also offers a comprehensive regional analysis and specific countries can be included in the report according to the requirements.

Explore Latest Trending Research Reports By Reports and Data:

Esophageal Cancer Market @ https://www.biospace.com/article/esophageal-cancer-market-demand-analysis-by-2030-high-consumption-of-alcohol-and-use-of-tobacco-among-people-is-a-major-factor-driving-industry-revenue-growth/

Delirium Market @ https://www.biospace.com/article/delirium-market-demand-2022-2030-increased-frequency-of-neurological-illnesses-and-the-aging-population/

Bronchiolitis Market @ https://www.biospace.com/article/bronchiolitis-market-demand-2022-2030-increase-in-heart-disease-cases-and-chronic-lung-disorders-/

Asperger Syndrome Market @ https://www.biospace.com/article/asperger-syndrome-market-analysis-and-forecast-2022-2030-increased-awareness-among-people-and-improvements-in-healthcare-infrastructure-is-a-major-factor-driving-industry-revenue-growth/

Contact Us:

Nikhil Morankar
Head of Business Development
Reports And Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
LinkedIn | Twitter | Blogs

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

This release was published on openPR.