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The Rising Number Of Healthcare Settings As A Driver For The Pipette Tips Market: A Key Catalyst Accelerating Pipette Tips Market Growth in 2025
Pipette Tips Market
Pipette Tips Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for pipette tips has seen substantial growth in the past few years. The projections state that it will rise from $2.28 billion in 2024 to $2.46 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 7.8%. Factors such as expansion in life sciences research, augmented demand for diagnostic testing, improvements in laboratory quality assurance, progress in biotechnology, and activities related to drug discovery and development have been instrumental in driving growth during the historical timeframe.
Pipette Tips Market Size Forecast: What's the Projected Valuation by 2029?
The market for pipette tips is anticipated to experience robust growth in the impending years, ballooning to a stunning "$3.44 billion by 2029 at a compounded annual growth rate (CAGR) of 8.7%. The surge during this forecast period is largely due to the continued growth of life sciences, an increase in point-of-care testing, a rise in molecular diagnostics, the global reactions to health pandemics, and strict regulatory norms. Key trends predicted for the forecast period embrace the proliferation of online sales and e-commerce platforms, stringent quality standards and regulations, the worldwide effects of pandemics, the formation of collaborations and partnerships, and consolidation of the market.
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What Are the Drivers Transforming the Pipette Tips Market?
The pipette tips market's growth is anticipated to surge with the increase in healthcare settings. Healthcare settings encompass a broad range of facilities and services linked to healthcare, such as urgent care facilities, acute care hospitals, rehabilitation facilities, long-term care facilities, and nursing homes. Pipettes are critical and standard tools used in hospitals to ensure precise and accurate transfer of microliter volumes of liquid. They are also employed for kinetic studies, DNA amplification, molecular screening, and ELISA (a diagnostic test). For example, The American Hospital Association, a trade group for the US healthcare industry, reported that the total number of hospitals in the US increased from 6,093 in 2022 to 60,129 in 2023 in May 2023. Moreover, admissions at community hospitals saw an increase from 31,393,318 in 2022 to 31,967,073 in 2023. Thus, the pipette tips market's growth is fueled by the expanding number of healthcare settings.
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What Long-Term Trends Will Define the Future of the Pipette Tips Market?
Companies in the pipette tips market are developing large-volume pipette tips to enhance lab efficiency. In July 2024, China-based GenFollower Biotech CO. LTD. launched 5mL pipette tips compatible with various pipette brands. Made from medical-grade polypropylene, these transparent tips feature precise gradation for accurate liquid measurement in laboratory workflows.
Which Segments in the Pipette Tips Market Offer the Most Profit Potential?
The pipette tips market covered in this report is segmented -
1) By Product: Standard, Filtered, Low-Retention, Other Products
2) By Technology: Robotic, Non-Robotic
3) By Application: Diagnostics And Healthcare, Pharma And Biotech, Academia And Education, Other Applications
Subsegments:
1) By Standard: Non-Sterile Tips, Sterile Tips, Universal Fit Tips
2) By Filtered: Low-Filter Tips, High-Filter Tips, RNase And DNase-Free Filtered Tips
3) By Low-Retention: Hydrophobic Low-Retention Tips, Coated Low-Retention Tips, Non-Coated Low-Retention Tips
4) By Other Products: Extended Length Tips, Wide-Bore Tips, Gel Loading Tips, Conductive Tips
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Which Firms Dominate the Pipette Tips Market by Market Share and Revenue in 2025?
Major companies operating in the pipette tips market include Eppendorf, Mettler Toledo, Thermo Fisher Scientific, Sartorius AG, Biotix Inc, Corning Incorporated, Greiner Group AG, Canadian Association of Petroleum Producers., Sarstedt, Brand GmbH, Analytik Jena GmbH, Integra Holding AG, Labcon SCIENTIFIC INSTRUMENTS P LTD, Sacorex ISBA SA, Tecan Trading AG, Mettler-Toledo Rainin LLC, Gilson SOFTWARE SOLUTIONS LLC, Hamilton Company, Bio-Rad Laboratories Inc., VWR International, Starlab Scientific Co. Ltd., AHN Biotechnologie GmbH, Sorenson BioScience, USA Scientific, Greiner Bio-One International GmbH, Tecan Group Ltd., Sarstedt AG & Co., Crystalgen Inc., Socorex Isba SA, Drummond Scientific Company
Which Regions Offer the Highest Growth Potential in the Pipette Tips Market?
North America was the largest region in the pipette tips market in 2024. The regions covered in the pipette tips market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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