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Pipettes And Accessories Market Size Forecasted To Achieve $1.82 Billion By 2029 With Steady Growth
Pipettes And Accessories Market
What Is the Pipettes And Accessories Market Size and Projected Growth Rate?
The pipettes and accessories market has seen strong growth in recent years. It will rise from $1.42 billion in 2024 to $1.5 billion in 2025, reflecting a CAGR of 5.3%. This growth is driven by higher demand for precise laboratory instruments, increased pharmaceutical research, the rising incidence of chronic diseases, the need for high-throughput screening, the increased demand for accurate liquid handling, more funding for life sciences, and the expansion of clinical and diagnostic labs.
The pipettes and accessories market is set to grow strongly in the next few years, reaching $1.82 billion by 2029, at a CAGR of 5.0%. Growth factors include the increasing demand for precision in laboratory research, expansion in clinical diagnostics, a greater emphasis on environmental testing, growing biopharmaceutical R&D, rising investments in life sciences, and a demand for personalized medicine. Key trends include the adoption of automated liquid handling systems, ergonomic pipette designs, the rise of electronic pipettes, and a growing use of multi-channel pipettes in high-throughput screening.
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What Are the Major Segments in the Pipettes And Accessories Market?
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
Subsegments:
1) By Manual Pipettes: Single-Channel Manual Pipettes, Multi-Channel Manual Pipettes, Adjustable Volume Manual Pipettes, Fixed Volume Manual Pipettes
2) By Electronic Pipettes: Single-Channel Electronic Pipettes, Multi-Channel Electronic Pipettes, Digital Electronic Pipettes, Programmable Electronic Pipettes
3) By Accessories: Pipette Tips, Pipette Calibration Tools, Pipette Stands And Holders, Pipette Servicing And Maintenance Kits, Pipette Filters
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What Are The Driving Pipettes And Accessories Market Evolution?
The growth of pharmaceutical companies is anticipated to drive the expansion of the pipette and accessories market. The pharmaceutical sector, which is responsible for the research, production, and sale of medicines for medical treatment, is witnessing growth due to increasing cases of chronic diseases, advancements in technology and research, and healthcare reforms that lead to higher healthcare spending. Pipettes and accessories, used for measuring and transferring liquid volumes precisely, are essential in pharmaceutical processes such as drug development, sample preparation, and testing. For example, the value of UK pharmaceutical exports, as reported by GOV.UK in July 2024, saw a significant rise in 2022 and 2023 compared to 2021. This growth in the pharmaceutical sector is consequently boosting the pipette and accessories market.
Which Firms Dominate The Pipettes And Accessories Market Segments?
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
What Are the Major Trends Shaping the Pipettes And Accessories Market?
Companies in the pipettes and accessories market are developing products with advanced technologies like Bluetooth connectivity to streamline workflows and enhance data management. Bluetooth-enabled electronic pipettes allow integration with lab software and real-time data sharing. For example, in September 2023, Sartorius AG, a Germany-based company, launched the Picus 2 electronic pipettes. These pipettes connect to the Sartorius Pipettin*g app, offering features like customizable programs, safety features, and easy cleaning.
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Which Is The Largest Region In The Pipettes And Accessories Market?
North America was the largest region in the pipettes and accessories market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pipettes and accessories 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 Pipettes And Accessories Market?
2. What is the CAGR expected in the Pipettes And Accessories Market?
3. What Are the Key Innovations Transforming the Pipettes And Accessories Industry?
4. Which Region Is Leading the Pipettes And Accessories Market?
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