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Automated Liquid Handling Technologies Global Market 2024 - Growth Opportunities, Top Countries, Future Trends, Revenue And Forecast 2033
Automated Liquid Handling Technologies Global Market
As per the report, the automated liquid handling technologies market size has grown rapidly in recent years. It will grow from $1.96 billion in 2023 to $2.18 billion in 2024 at a compound annual growth rate (CAGR) of 11.1%. The automated liquid handling technologies market size is expected to see rapid growth in the next few years. It will grow to $3.35 billion in 2028 at a compound annual growth rate (CAGR) of 11.4%.
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Impact Of Chronic Diseases On Automated Liquid Handling Technologies Market
The rise in the prevalence of chronic diseases is expected to drive the growth of the automated liquid handling technologies market going forward. Chronic disease refers to a health condition or disease that is persistent or long-lasting in its effects, usually lasting for three months or longer, and may get worse over time. The prevalence of chronic diseases is due to various factors, such as the aging population, unhealthy lifestyle choices, a lack of preventive measures, and genetic predispositions. Automated liquid handling technologies enhance laboratory processes' efficiency, accuracy, and reproducibility, significantly contributing to the advancement of research, diagnostics, and treatments for chronic diseases. For instance, in January 2023, according to the National Center for Biotechnology Information, a US-based company that creates and manages bibliographic and molecular databases, the number of people aged 50 and older with at least one chronic illness is expected to increase from approximately 71.52 million in 2020 to 142.66 million by 2050, representing a 99.5% rise. Therefore, the rise in the prevalence of chronic diseases is expected to propel the growth of the automated liquid handling technologies market.
Innovative Firefly Platform To Streamline Liquid Handling For NGS-Based Laboratory Developed Tests
Major companies operating in the automated liquid handling technologies market are developing innovative technologies, such as the genomics liquid handling platform, to serve customers with advanced features better. A genomics liquid handling platform is a specialized automated system explicitly designed for handling liquids in genomic applications. For instance, in November 2023, SPT Labtech, a UK-based biotechnology company, launched the Firefly all-in-one genomics liquid handling platform, a revolutionary tool to streamline genomic liquid handling workflows. The Firefly platform is designed to automate repetitive liquid handling tasks, significantly increasing the quality and quantity of output data for NGS library preparation. These enhancements cater to the specific needs of clinical laboratories, providing rapid setup, minimized downtime, versatility, and user-friendly operation to meet the rigorous demands of regulated environments and the increasing complexity of LDTs.
The automated liquid handling technologies market covered in this report is segmented -
1) By Product: Automated Liquid Handling Workstations, Reagents And Consumables
2) By Application: Drug Discovery And ADME-Tox Research, Cancer And Genomic Research, Bioprocessing Or Biotechnology, Other Applications
3) By End-User: Academic And Research Institutes, Pharmaceutical And Biotechnology Companies, Contract Research Organizations
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Major companies operating in the automated liquid handling technologies market are Tecan Trading AG, Thermo Fisher Scientific Inc., Danaher Corporation, Corning Incorporated, Agilent Technologies Inc., PerkinElmer Inc., Sartorius AG, Lonza Group Ltd., QIAGEN N.V., Eppendorf AG, METTLER TOLEDO, Hamilton Company, Beckman Coulter Inc., Biotix Inc., Opentrons, Formulatrix Inc., Analytik Jena AG, Gilson Inc., LABCYTE INC., BioTek Instruments Inc., Aurora Biomed Inc., Autogen Inc., Hudson Robotics, Andrew Alliance S.A., Brooks Life Sciences
Contents of the report:
1. Executive Summary
2. Automated Liquid Handling Technologies Market Report Structure
3. Automated Liquid Handling Technologies Market Trends And Strategies
4. Automated Liquid Handling Technologies Market - Macro Economic Scenario
5. Automated Liquid Handling Technologies Market Size And Growth
…..
27. Automated Liquid Handling Technologies Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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