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Innovative Firefly Platform To Streamline Liquid Handling For NGS-Based Laboratory Developed Tests Trend: A Crucial Influence on the Automated Liquid Handling Technologies Market's Transformation in 2025
Innovative Firefly Platform To Streamline Liquid
The automated liquid handling technologies market's growth is anticipated to be significantly influenced by the increasing prevalence of chronic diseases. Chronic ailments, generally lasting for three months or longer, are persistent health conditions that tend to worsen over time. The rising incidence of these diseases can be attributed to factors such as aging demographics, unhealthy lifestyle habits, an absence of prevention strategies, and genetic factors. Automated liquid handling technologies play an essential role in enhancing the efficiency, accuracy, and reproducibility of laboratory procedures. This plays a critical part in advancing research, diagnosis, and treatments of chronic diseases. For example, in January 2024, the American Cancer Society, a non-profit organization advocating for cancer, reported that cancer cases had risen to 2,001,140, up 2.19% from 1,958,310 in 2023. Additionally, according to the National Health Service (NHS England), a publicly funded healthcare system based in the UK, the count of individuals identified with pre-diabetes in England expanded, demonstrating an 18% increase, with numbers ascending to 3,615,330 in 2023 up from 3,065,825 in 2022. Specifically, among those below 40 years of age, a nearly 25% upward trend was noted, cases rose from 173,166 in 2022 to 216,440 in 2023. Consequently, the escalating prevalence of chronic diseases is anticipated to drive the growth of the automated liquid handling technologies market.
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How will the growth rate of the automated liquid handling technologies market shape industry trends by 2034?
In recent years, the market size for automated liquid handling technologies has seen exponential growth. The market is expected to expand from $2.18 billion in 2024 to $2.43 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 11.6%. Factors contributing to this growth during the historical period include an uptick in demand for high-throughput screening, amplified investment in drug development, a rise in clinical trials, increased expenditure in diagnostic centers, and overall growth in the pharmaceutical industry.
In the upcoming years, the market size of automated liquid handling technologies is projected to witness swift expansion, reaching $3.73 billion in 2029 with a compound annual growth rate (CAGR) of 11.3%. The anticipated surge in the given period is linked to factors such as the escalating adoption of personalized medicine, the growth in research and development investments, the proliferation of biotechnology and pharmaceutical sectors, mounting demands for genomic analysis and the rising utilization of cutting-edge automated liquid-handling workstations. The key trends observed for the forecast period include the amalgamation of artificial intelligence and machine learning, amplified automation in lab procedures, technological progressions, expanding partnerships, and the creation of more versatile and user-friendly liquid handling systems.
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What trends are poised to drive the future success of the automated liquid handling technologies market?
Leading players in the automated liquid handling technologies field are at the forefront of developing groundbreaking technologies, such as the genomics liquid handling platform. This is an automated system specifically tailored to manage liquids in genomics applications. For example, in November 2023, SPT Labtech, a biotech company based in the UK, introduced the Firefly all-in-one genomics liquid handling platform. This innovative tool is devised to optimize genomic liquid handling processes. The Firefly platform also automates tedious liquid handling work, thus significantly improving the quality and volume of the data produced for NGS library preparation. These advancements specifically address the requirements of clinical labs, offering quick setup, reduced downtime, versatility, and an easy-to-use design to cope with the stringent requirements of regulated settings and the growing complexity of LDTs.
Which primary segments of the automated liquid handling technologies market are driving growth and industry transformations?
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
Subsegments:
1) By Automated Liquid Handling Workstations: Multi-Channel Liquid Handlers, Single-Channel Liquid Handlers, Microplate Liquid Handlers, Robotic Liquid Handling Systems
2) By Reagents And Consumables: Pipette Tips, Reagent Reservoirs, Disposable Bottles And Tubes, Liquid Handling Plates
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Which geographical regions are pioneering growth in the automated liquid handling technologies market?
North America was the largest region in the automated liquid handling technologies market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automated liquid handling technologies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the automated liquid handling technologies market landscape?
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
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What Is Covered In The Automated Liquid Handling Technologies Global Market Report?
•Market Size Forecast: Examine the automated liquid handling technologies market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the automated liquid handling technologies market for a structured understanding.
•Key Players Overview: Analyze major players in the automated liquid handling technologies market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the automated liquid handling technologies market.
•Segment Contributions: Evaluate how different segments drive overall growth in the automated liquid handling technologies market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the automated liquid handling technologies market.
•Industry Challenges: Identify potential risks and obstacles affecting the automated liquid handling technologies market.
•Competitive Landscape: Review strategic developments in the automated liquid handling technologies market, including expansions, agreements, and new product launches.
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