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Automated Liquid Handling Systems Market to Witness Exponential Growth by 2027
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Automated liquid handling system has been designed to satisfy the increased demand, technical requirements and budgets for general liquid handling systems in today’s modern laboratories. Automated liquid handling helps maximize accuracy, precision, and throughput while minimizing time and consumable costs. Reducing processing time, decreasing sample contamination, and increasing accuracy in bioassays is possible with automated liquid handling systems. These systems release researchers from long, repetitive, laborious tasks, and free up time for other assays, lab reports, and other lab duties. The standard issue to dispense minuscule volume of fluid with the traditional dispensing system is one factor for the growth of the automated liquid handling system. Additionally, cost and complexity of early systems and technological advancement in automated liquid handling system made it possible to decrease the burden on researchers. All these factors drive the automated liquid handling system market towards robust growth.
Automated liquid handling systems are expensive, complicated, and space-consuming leave many researchers unwilling or unable to maximize the potential of their work. All these factors act as restraints in the growth of the market.
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Automated liquid handling system has witnessed a burgeoning growth due to enhanced productivity than manual liquid handling. The Companies focus is shifting towards automated liquid handling workstations and laboratory automation technologies to the rising concerns of the research. With a focus on innovative design, company's combines automated liquid handling technologies with state of the art, quality manufacturing, and outstanding service and support, to provide the ideal automation solution for the laboratory. The future anticipated with double CAGR during forecasting period.
Global Automated liquid handling systems market is segmented into following regions North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan and the Middle East and Africa.Americas is dominant in the Global Liquid Handling Market mainly due to higher investments in the life sciences projects and increase in manufacturing of pharmaceuticals products. Europe and APAC region fastest growing regions in the automated liquid handling systems market due to a paradigm shift towards lab automation in healthcare and pharmaceutical industries. Economic conditions in the developing countries are set to drive the global liquid handling system market to new heights. Growth in African region is considerably less but still with significant growth.
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The key participants in the automated liquid handling systems market are Corning Incorporated, Hamilton Company, Agilent Technologies, Mettler-Toledo International Inc, PerkinElmer Inc, and Thermo Fisher Scientific, Inc., etc. The companies are mainly focusing on the strong line of distribution channels and marketing to increase the adaptation of automated liquid handling system.
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