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Pipettes And Accessories Market 2024 - By Key Players, Regional Overview, Opportunities, Challenges And Outlook By 2033
Pipettes And Accessories Market
As per the report, the pipettes and accessories market size has grown strongly in recent years. It will grow from $1.35 billion in 2023 to $1.42 billion in 2024 at a compound annual growth rate (CAGR) of 5%. The pipettes and accessories market size is expected to see strong growth in the next few years. It will grow to $1.73 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%.
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Pharmaceutical Industry Growth and Impact on the Pipette and Accessories Market
The expansion of pharmaceutical companies is expected to propel the growth of the pipette and accessories market going forward. Pharmaceutical industry encompasses the field of the economy primarily dedicated to researching, developing, manufacturing, and selling drugs or medications utilized for medical treatment or therapy. The pharmaceutical industry is growing due to growing cases of chronic diseases, advancements in research and technology, and healthcare reforms leading to higher expenditures in healthcare. Pipettes and accessories are designed to measure and transfer precise volumes of liquids, which is crucial in pharmaceutical processes such as drug formulation, sample preparation, and analytical testing. For instance, according to the European Federation of Pharmaceutical Industries and Associations, the total pharmaceutical market value at ex-factory prices has reached €2,360,90 million ($256867.10) in 2020 and is expected to reach €2,55,000 million ($277441.27)in 2021. Therefore, the expansion of pharmaceutical companies is driving the growth of the pipette and accessories market.
Advancements in Bluetooth Connectivity Technology For Enhancing Pipettin*g Workflows
Major companies operating in the pipettes and accessories market are developing innovative products with advanced technologies, such as Bluetooth connectivity technology, to streamline workflows and enhance data management capabilities. Bluetooth connectivity technology in electronic pipettes allows pipette devices to integrate seamlessly with various laboratory software and systems, enabling efficient data transfer, real-time data sharing, and streamlined workflows. For instance, in September 2023, Sartorius AG, a Germany-based pharmaceutical and laboratory equipment manufacturing and supplier company, launched the Picus 2 electronic pipettes. The Picus 2 electronic pipettes are equipped with Bluetooth connectivity, allowing users to connect to the Sartorius Pipettin*g mobile app and integrate with other existing systems. The pipettes are designed for effortless pipettin*g, are lightweight and streamlined, and offer advanced features such as customizable programs, safety features, and easy cleaning.
The pipettes and accessories market covered in this report is segmented -
1) By Type: Manual Pipettes, Electronic Pipettes, Accessories
2) By Channel Type: Single Channel, Multi-Channel
3) By Application: Hospitals, Academic And Research Institute, Pharmaceutical And Biotechnology Companies, Other Applications
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Major companies operating in the pipettes and accessories market are Thermo Fisher Scientific Inc., Corning Incorporated, VWR International LLC, Mettler Toledo, Bio-Rad Laboratories Inc., Eppendorf SE, Sarstedt AG & Co. KG, Hamilton Company, Greiner Bio-One International GmbH, Cole-Parmer Instrument Company LLC, Biotix Inc., Integra Biosciences AG, Gilson Incorporated, Brand GMBH + CO KG, Socorex ISBA SA, Ajanta Export Industries, Microlit, Heathrow Scientific, Vistalab Technologies Inc., Capp, Oxford Lab Products, Nichiryo Co. Ltd., Phoenix Instruments, Agilent Technologies Inc., Kartell Labware
Contents of the report:
1. Executive Summary
2. Pipettes And Accessories Market Report Structure
3. Pipettes And Accessories Market Trends And Strategies
4. Pipettes And Accessories Market - Macro Economic Scenario
5. Pipettes And Accessories Market Size And Growth
…..
27. Pipettes And Accessories Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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