Liquid Handling Technology Market

Liquid Handling Technology Market Size, Share, Growth Analysis, By Product(Automated Workstations, Standalone Workstations, Integrated Workstations, Small Devices), By Type(Automated Liquid Handling, Manual Liquid Handling, Semi-Automated Liquid Handling), By Application(Drug Discovery & ADME-Tox Research, Cancer & Genomic Research, Bioprocessing/Biotechnology, Others), By End-User(Academic & Research Institutes, Pharmaceutical & Biotechnology Companies, Contract Research Organizations), By Region(North America, Europe, Asia Pacific, Latin America) - Industry Forecast 2024-2031


Report ID: UCMIG35J2071 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Liquid Handling Technology Market Insights

Market Overview:

Based on market research, the global liquid handling technology market was valued at USD 2.88 billion in 2017 and is predicted to grow at a compound annual growth rate (CAGR) of 8.5% during the forecast period, reaching USD 5.55 billion in 2025. The high adoption rate of advanced liquid handling systems by drug development organizations is driven by their ability to reduce sample processing time. Furthermore, genetic tools such as microarrays and PCR have significantly impacted genotyping research, macromolecule interactions, and gene expression, further fueling the demand for advanced sample processing workstations. In addition, there is a growing need for laboratory space optimization and cost-effective consumable usage associated with these techniques.

Liquid Handling Technology Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Life Sciences Tools & Services by segment aggregation, the contribution of the Life Sciences Tools & Services in Pharmaceuticals, Biotechnology & Life Sciences and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Liquid Handling Technology was estimated to be valued at US$ XX Mn in 2021.

The Liquid Handling Technology Market is estimated to grow at a CAGR of XX% by 2028.

The Liquid Handling Technology Market is segmented on the basis of Product, Type, Application, End-User, Region.

Based on region, the Liquid Handling Technology Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Liquid Handling Technology Market are , Tecan Trading AG , LABCYTE INC. , Hamilton Company , Gilson Inc , Eppendorf AG , Labnet International Inc. , Borosil Glass Works Ltd. , BioTek Instruments Inc. , Analytik Jena AG , Beckman Coulter Inc. , Aurora Biomed Inc. , Agilent Technologies..

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Liquid Handling Technology Market

Report ID: UCMIG35J2071

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