Press release
Steady Expansion Forecast for Liquid Handling Systems Market, Projected to Reach $5.81 Billion by 2029
Liquid Handling Systems Market Size
Liquid Handling Systems Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of liquid handling systems has significantly expanded in the past few years. It is predicted to rise from a value of $4.36 billion in 2024 to $4.61 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.6%. Factors contributing to growth during the historic period include the expansion of biotech and pharmaceutical sectors, an increase in clinical trials, potential growth in emerging markets, and a surge in initiatives and research endeavors.
Liquid Handling Systems Market Size Forecast: What's the Projected Valuation by 2029?
The market scale for liquid handling systems is predicted to witness robust expansion in the coming years, escalating to a valuation of $5.81 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 6.0%. Reasons for this anticipated growth during the forecast period include heightened funding towards drug development and research, a growing call for high-throughput screening, an escalated emphasis on drug discovery, and the unveiling of cutting-edge solutions. Key trends expected during the forecast period comprise progress in laboratory development and production, significant technological breakthroughs, alongside the roll-out of newly developed products and services.
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What Are the Drivers Transforming the Liquid Handling Systems Market?
The liquid handling systems market is anticipated to be catalyzed by the increasing uptake of personalized medicine. Personalized medicine is a health approach that contours therapies and treatments to the specific genetic, environmental, and lifestyle variables of each individual patient. Genomic research, technology, and data analytics are advancing the prevalence of personalized medicine. This approach benefits liquid handling systems by ensuring the precise delivery of reagents and samples that are adjusted according to each patient's unique profile, enhancing efficiency and precision in sample preparation and analysis for diagnostics and therapeutics. For instance, in April 2024, data from the Personalized Medicine Coalition, an American nonprofit organization, indicated that in 2022, the FDA's CDER authorized 37 NMEs, the majority of which were medicinal products. According to PMC, approximately 34% (12) were classified as personalized medicines, up from 35% in 2021. Hence, the growing implementation of personalized medicine is spurring the development of the liquid handling system market.
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What Long-Term Trends Will Define the Future of the Liquid Handling Systems Market?
Leading firms in the liquid handling systems market are striving to solidify their market presence by creating innovative technologies like automated liquid handling platforms. Such platforms are crucial in contemporary labs as they boost efficiency, precision, and consistency in liquid handling tasks and save researchers' time for more intricate analyses and experiments. For example, SPT Labtech, a UK-based lab automation solutions provider, introduced the Apricot DC1 in February 2022. This 4-in-1 automated platform for managing liquids is advanced in its handling capabilities and features user-friendly software interfaces for uncomplicated protocol design and optimization. It has a compact, adaptable design that can accommodate varying laboratory sizes and applications. Furthermore, it ensures high precision and accuracy, which guarantees reliable outcomes across different liquid handling tasks. Such a solution aids laboratories in streamlining procedures, reducing errors, and accelerating research and development activities.
Which Segments in the Liquid Handling Systems Market Offer the Most Profit Potential?
The liquid handling systemsmarket 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 Pi With Automated Features, Semi-Automated Dispensers, Semi-Automated Plate Handlers
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Which Firms Dominate the Liquid Handling Systems Market by Market Share and Revenue in 2025?
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
Which Regions Offer the Highest Growth Potential in the Liquid Handling Systems Market?
North America was the largest region in the liquid handling systems market in 2024. 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.
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