Automated Liquid Handling Market Size and Share | Industry Report 2023-2029

The global automated liquid handling market size was valued at USD 1,281.3 million in 2022 and is poised to grow at a significant CAGR of 9.3% during the forecast period 2023-29. The primary drivers of the expansion of the global automated liquid handling market include the increasing demand for automated liquid handling machine and increased adoption of automated liquid handling systems in clinical and research laboratories.

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The automated liquid handling market is segmented based on product type, modality, end user, and geography.

Based on the product type, the market is segmented into the following:
• Automated Liquid Handling Workstation
• Pipettes & Consumables
• Microplate Reagent Dispenser
• Others

Based on the modality, the market is segmented into the following:
• Disposable Tip
• Fixed Tip

Based on the end user, the market is segmented into the following:
• Hospitals & Diagnostic Centers
• Pharmaceutical & Biotechnological Institutes
• Research and Academic Institutes
• Others

Based on geography, the market is segmented into the following:
• North America
• Europe
• The Asia Pacific
• Latin America
• MEA

Based on the product type, the global automated liquid handling market is segmented into Automated Liquid Handling Workstation, Pipettes & Consumables, Microplate Reagent Dispenser, and Others. The automated liquid handling workstation segment is expected to account for a larger revenue share in the global automated liquid handling market. The automated workstations provides a wide range of applications coupled with the freedom to personalize the workstation based on the specific requirement. Automated workstations help in reducing the man power and provides more accurate and efficient results and enhanced safety when compared to the conventional liquid handling systems. Thus, this segment is expected to dominate the automated liquid handling market over the forecasted years.

North America Automated Liquid Handling Market
The North America automated liquid handling market is expected to increase over the forecast period due to the several biopharmaceutical industries present in this region. The rising number of ongoing research projects, increased adoption of automated laboratories and well developed clinical and research infrastructure in this region is expected to boost the market growth in this region.

Asia Pacific region is expected to have a significant growth over the forecasted period owing to the rising awareness of automated liquid handling systems, increase in development of research and development sectors in this region and developing clinical and research infrastructure in this region.

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players.

The global Automated Liquid Handling market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region. For instance, In February 2022, Festo launched its modular gantry robot platform for the automated liquid handling systems in laboratories.

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Key players profiles in the automated liquid handling market report are Agilent technologies Inc., Aurora Biomed Inc., Thermo Fisher Scientific, Corning Inc., Eppendorf AG, Gilson Inc., Danaher Corporation, Mettler-Toledo International Inc., Tecan Group Ltd, Hamilton Company, Perkin Elmer Inc.

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This release was published on openPR.