Press release
Rising Demand For Personalized Medicine Fuels Growth In Mechanical Pipettes Market Driver: A Major Catalyst in the Evolution of the Mechanical Pipettes Market in 2025
"How Is the Mechanical Pipettes Market Projected to Grow, and What Is Its Market Size?In recent times, the market for mechanical pipettes has seen a substantial surge in size. The projections indicate an increase in value from $1.32 billion in 2024 to $1.4 billion in 2025, with a compound annual growth rate (CAGR) of 6.4%. The growth experienced during the past period is due to factors such as the escalating need for precise liquid management in labs, heightened emphasis on biotechnology research and development, growing reliance on dependable pipettin*g methods in clinical diagnostics, escalating usage of mechanical pipettes in academic settings, and a rise in funding for pharmaceutical research endeavors.
The market for mechanical pipettes is expected to witness significant expansion in the coming years, scaling up to $1.78 billion by 2029 with a compound annual growth rate (CAGR) of 6.1%. The projected growth during this period is due to several factors such as advances in pipettin*g technology that enhance precision and efficiency, a spike in genetic and genomic research activities, increasing use of automated and digital pipettin*g systems, development of laboratory infrastructure in developing economies, and government provided funding and grants for life science research. Trends expected during this forecast period include improved technological advancements in electronic pipettes for better user experience, a growing preference for ergonomically designed pipettes to decrease user fatigue, an increase in the use of multichannel pipettes for high-throughput applications, an expansion in pipette calibration services to ensure accuracy and compliance, and the creation of sustainable and environment-friendly pipettin*g solutions.
What Factors Are Fueling Growth in the Mechanical Pipettes Market?
The mechanical pipettes market is projected to expand due to the burgeoning demand for individualized medicines. This type of medicine customizes clinical treatments according to specific factors including genetic make-up, lifestyle, and environmental circumstances. The goal of personalized medicine is to optimize treatment effectiveness while minimizing undesired effects. Factors like genomics and biotechnology advancements, and increasing awareness of its potential benefits in improving therapies and reducing negative side effects, are driving its demand. Mechanical pipettes play a significant role in personalized medicine as they are vital for accurate liquid handling during genetic tests, biomarker analyses, and in creating customized treatment plans. The Personalized Medicine Coalition, a non-profit organization based in the US, stated that in February 2024, there were 16 FDA-approved novel personalized therapies for patients with rare illnesses in 2023, in contrast to six in 2022. Hence, the growth of the mechanical pipettes market is being driven by the growing demand for personalized medicines.
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Who Are the Major Industry Players Fueling Mechanical Pipettes Market Expansion?
Major companies operating in the mechanical pipettes market are Thermo Fisher Scientific Inc., Corning Incorporated, Avantor Inc., Sartorius AG, Mettler Toledo International Inc., Integra Biosciences AG, Eppendorf AG, Hamilton Company, IKA-Werke GmbH & Co. KG, Gilson Inc., DWK Life Sciences, Accumax Lab Devices Pvt. Ltd., BRAND GMBH + CO KG, AHN Biotechnologie GmbH, Microlit Industries Private Limited, Socorex Isba SA, Kartell S.p.A., OHAUS Corporation, Vistalab Technologies Inc., CAPP ApS, Scilogex LLC, Nichiryo Co. Ltd.
Which Key Developments Are Influencing the Mechanical Pipettes Market?
Leading corporations in the mechanical pipettes industry are turning their attention towards innovation and technological advancements like the trilock volume locking systems to set themselves apart from the competition. This sophisticated system offers granular control over pipette volume settings via three specific positions: free adjustment, light ratchet adjustment, and a completely locked position for dependable pipettin*g. For example, Gilson Incorporated, an American lab products manufacturer, introduced MyPIPETMAN in June 2022, replete with fresh technical aspects and customizable properties. The upgraded MyPIPETMAN mechanical pipettes come primarily in two variants: MyPIPETMAN Select and MyPIPETMAN Enterprise. The former, which is available worldwide, is ready to order from a catalog, highlighting a lightweight design and comfortable balance with a textured handle for improved grip. Its groundbreaking patent features encompass minimized pipettin*g and tip ejection forces, alongside the novelty of the Trilock system. There are special attributes such as direct text printing on the pipette for easy recognition and a secure lock system to ensure no accidental alterations in volume.
How Is the Segmentation of the Mechanical Pipettes Market Defined?
The mechanical pipettes market covered in this report is segmented -
1) By Type: Single-Channel Pipette, Multi-Channel Pipette
2) By Manufacturing Type: In-House, Contract Manufacturing Organizations (CMO)
3) By Application: Biological, Chemical, Other Applications
Subsegments:
1) By Single-Channel Pipette: Fixed Volume Pipettes Or Variable Volume Pipettes
2) By Multi-Channel Pipette: 8-Channel Pipettes Or 12-Channel Pipettes Or 16-Channel Pipettes
3) By Other Multi-Channel Pipettes
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What Is the Leading Region in the Mechanical Pipettes Market?
North America was the largest region in the mechanical pipettes market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mechanical pipettes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Mechanical Pipettes Global Market Report?
- Market Size Analysis: Analyze the Mechanical Pipettes Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Mechanical Pipettes Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Mechanical Pipettes Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Mechanical Pipettes Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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