Press release
Liquid Handling Systems Market Anticipated To Witness Robust Growth, Surpassing $6.03 Billion By 2029
Liquid Handling Systems
What Is the Current Liquid Handling Systems Market Size and Its Estimated Growth Rate?
The liquid handling systems market has grown substantially in recent years. It is expected to increase from $4.36 billion in 2024 to $4.67 billion in 2025, at a CAGR of 7.0%. Key factors contributing to this growth include the expanding biotech and pharmaceutical industries, a rising number of clinical trials, significant growth opportunities in emerging markets, and an increase in research initiatives.
The liquid handling systems market is expected to see strong growth, reaching $6.03 billion by 2029, at a CAGR of 6.6%. This is driven by increasing investment in drug development, demand for high-throughput screening, and growing focus on drug discovery. Trends include advancements in laboratory development, technological innovations, and new product launches.
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How Are Emerging Segments Shaping the Liquid Handling Systems Market Landscape?
The liquid handling systems market covered in this report is segmented -
1) By Type: Manual Liquid Handling, Automated Liquid Handling, Semi-Automated Liquid Handling
2) By Product: Automated Workstations, Pipettes, Dispensers, Burettes, Other Products
3) By Application: Drug Discovery, Cancer And Genomics Research, Clinical Diagnostics, Other Applications
4) By End-User: Pharmaceutical And Biotechnology Industry, Contract Research Organization, Academic Institutes, Other End-Users
Subsegments:
1) By Manual Liquid Handling: Pipettes, Burettes, Syringes, Dispensers
2) By Automated Liquid Handling: Multi-Channel Liquid Handlers, Single-Channel Liquid Handlers, Continuous Liquid Handlers, Robotic Liquid Handling Systems
3) By Semi-Automated Liquid Handling: Manual With Automated Features, Semi-Automated Dispensers, Semi-Automated Plate Handlers
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Which Growth Factors Are Influencing Liquid Handling Systems Market Expansion?
The rising adoption of personalized medicine is expected to boost the growth of the liquid handling systems market. Personalized medicine customizes healthcare interventions based on individual genetic, environmental, and lifestyle factors. As personalized medicine grows, the need for precision in sample handling and analysis increases. Liquid handling systems are vital in this process, ensuring accurate dispensing of reagents and samples tailored to individual patient profiles. For instance, in April 2024, the Personalized Medicine Coalition reported that the FDA approved 37 new medicines in 2022, with 34% classified as personalized treatments, up from 35% in 2021. Therefore, the rising adoption of personalized medicine is contributing to the growth of the liquid handling systems market.
Who Are the Dominant Players Across Different Liquid Handling Systems Market Segments?
Major companies operating in the liquid handling systems market are Thermo Fisher Scientific Inc., Danaher Corporation, Corning Incorporated, Lonza Group Ltd., PerkinElmer Inc., Sartorius AG, Mettler-Toledo International, Bio-Rad Laboratories Inc., Qiagen N.V., Integra Biosciences AG, Eppendorf, Tecan Trading AG, Promega Corporation, Metrohm A.G., Hamilton Company, 10x Genomics, Analytik Jena AG, BioTek Instruments, Hudson Robotics Inc., Gilson Inc., Orochem Technologies Inc, Aurora Biomed Inc., SciRobotics Ltd
What Trends Are Driving Growth in The Liquid Handling Systems Market?
Leading firms in the liquid handling systems market are concentrating their efforts on creating innovative technologies like automated liquid handling platforms to strengthen their market presence. These platforms play an integral role in contemporary laboratories by enhancing efficiency, precision, and consistency in liquid handling tasks, and letting researchers focus on more critical analyses and experiments. For example, in February 2022, SPT Labtech, a prominent lab automation solutions producer based in the UK, introduced the Apricot DC1. This versatile, 4-in-1 automated platform for liquid management is a revolutionary liquid handling platform equipped with user-friendly software interfaces for easy protocol creation and optimization. Designed to be compact and scalable, it fits diverse lab sizes and functions, offering high precision and dependability for a wide range of liquid handling tasks. This advanced solution aids labs in simplifying processes, reducing errors, and accelerating research and development activities.
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Which Geographic Regions Are Expected to Dominate the Liquid Handling Systems Market in the Coming Years?
North America was the largest region in the liquid handling systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the liquid handling systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Liquid Handling Systems Market?
2. What is the CAGR expected in the Liquid Handling Systems Market?
3. What Are the Key Innovations Transforming the Liquid Handling Systems Industry?
4. Which Region Is Leading the Liquid Handling Systems Market?
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