Liquid Handling System Market Research Report – Forecast to 2030

Liquid Handling System Market Research Report Information By Fusion Type (Anterior Interbody Fusion, Anterior Liquid handling system, Posterior Fusion), By Type (Metal, Polymer, And Others), By Surgery (Minimally Invasive Spine Surgery, And Open Spine Surgery), By End Users (Orthopedic Clinics, Multispecialty Hospitals, Neurology Clinics, And Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030

ID: MRFR/MED/5126-HCR | 90 Pages | Author: Kinjoll Dey | March 2024         

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Global Liquid Handling System Market Overview

Liquid Handling System Market Size was valued at USD 35.2 billion in 2022 and is projected to grow from USD 37.4 Billion in 2023 to USD 54.2 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.4% during the forecast period (2023 - 2030). The market is expected to be driven by the development of revolutionary automated liquid handling workstations for non-contact dispensing. Contact dispensing has become widely accepted thanks to its dependability, simplicity, and affordability. Yet, as sample volume has decreased, different liquid handling requirements have emerged, which are the key market drivers enhancing the market growth.
Liquid Handling System Market Overview
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Liquid Handling System Market Trends

  • Increasing investments in drug and vaccine development to boost the market growth

The main reasons propelling the growth of the liquid handling system market are the increase in investments in drug discovery, the increase in R&D spending, the rise in the need for high-output screening, and the rise in the use of automation in clinical settings. Rising R&D initiatives for novel drug development and biotechnology research also fuel the market's expansion.

The development of vaccines and increasing investment by new drug companies are boosting the market for liquid handling systems. Manufacturers are releasing new drugs to fight disease incidence and spur market expansion. Adopting liquid handling systems that can handle high numbers of PCR tests with precise clinical results accelerates R&D and testing volume, driving market CAGR.

Liquid Handling System Market Segment Insights

Liquid Handling System Type Insights

Based on type, the global liquid handling system market segmentation includes automated, manual and electronic. The biggest market share is electronic liquid handling systems because of their excellent precision and reproducibility. The growing outsourcing of pharma and biotech workflows has prompted CROs and CMOs to improve the efficiency of their workflows to meet regulatory standards. Because of this, many CROs and CMOs are incorporating automated liquid handling into their infrastructure. For instance, Social CDMO, Inc. announced in June 2022 that a new customer project would utilize the company's automated lyophilization and fill/finish line unit at its San Diego location.

Liquid Handling System Application Insights

Based on application, the global liquid handling system market segmentation includes drug discovery, ADME screening, high-throughput screening (HTS), compound weighing and dissolution, and others. In 2022, the drug discovery sector held the majority of the market, with a share of 35.6%. Approximately a million molecules are screened to find a novel therapeutic candidate in a single drug discovery experiment. The standard needs for handling liquids, such as high throughput, low volume, and precision, are presented by microarray technology. Stepwise serial dilution over a large concentration range, compound selection and transfer for the retest, and confirmatory and further analysis are only a few examples of the numerous applications in drug discovery. The three main applications of automated liquid handling workstations in drug discovery are plate-to-plate dilutions, plate replications, and plate reformatting. A significant benefit of adopting liquid handling platforms in drug development is the possibility to integrate several types of liquid handlers, stackers, or incubators to increase throughput, which further positively impacts the market growth.

Liquid Handling System End User Insights

The global liquid handling system market data has been bifurcated by end users into pharmaceutical & biotechnology companies and contract research organizations (CRO). With a revenue share of more than 62.3%, pharmaceutical and biotechnology firms led the market in 2022. Laboratories for drug development were the first to develop automated liquid handling. Its rapid drug discovery and manufacturing expansion are facilitated by the regular requirement to distribute liquid samples on different substrates and transfer them to containers of varied sizes. It is anticipated that pharmaceutical and biotech companies will continue to dominate the industry in the years to come due to this rise in the usage of automation for drug screening and drug development.

Figure 1: Liquid Handling System Market by End User, 2022 & 2030 (USD Billion)
Liquid Handling System Market by End User, 2022 & 2030
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Moreover, contract research organizations (CROs) working on life science projects, particularly those requiring gene sequencing, antibody testing, drug screening, and protein crystallization, frequently need to manage a range of sample sizes. Thus, demand for automated techniques, such as sensor-integrated robotic systems, is projected to promote revenue development in the contract research organization (CRO) industry.

Liquid Handling System Regional Insights

By Region, the study provides market insights into North America, Europe, Asia-Pacific and Rest of the World. North America Liquid Handling System market accounted for USD 14.1 billion in 2022 and is expected to exhibit a significant CAGR growth during the study period. Due to the well-established distribution networks of the key market participants and the quick uptake of advanced automation solutions, North America held the lion's market share in 2022 with a revenue share of 39.75%. The demand for small-volume genomic and proteomic analyses for life science research further fuels growth in this area. To boost their revenue, rivals in this Region have partnered with prestigious academic institutions and research institutions in Europe.

Further, the major countries studied in the market report are The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe's liquid handling system market accounts for the second-largest market share due to the availability of cutting-edge drug development facilities, government backing for the growth of the healthcare industry, an aging population, and an increase in the adoption of advanced liquid handling solutions. Further, the Germany liquid handling system market held the largest market share, and the UK liquid handling system market was the fastest-growing market in the European Region.

The Asia-Pacific Liquid Handling System Market is expected to grow at the fastest CAGR from 2022 to 2030. The development of the biopharmaceutical industry is predicted to be aided by the rise in local biotech firms, an increase in funding assistance, the CFDA reform in China, and the price reform in Japan (affecting both off-patent and on-patent medicines). The Asia Pacific region is anticipated to grow at the quickest rate during the forecast period thanks to the quick development of biopharmaceutical and biotechnology firms, CROs, and CDMOs in nations like China and Japan. Moreover, China's liquid handling system market held the largest market share, and the India liquid handling system market was the fastest-growing in Asia-Pacific.

Liquid Handling System Key Market Players & Competitive Insights

Leading market players invest a lot of money in R&D to expand their product portfolios, which will spur further market growth for liquid handling system . With significant industry changes like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their global presence. To grow and thrive in a market where competition and prices are growing, competitors in the liquid handling system sector must offer affordable products.

Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the global liquid handling system industry to benefit customers and develop the market sector. The liquid handling system market major player such as Agilent Technologies, Danaher Corporation,  Thermo Fisher Scientific Inc, Eppendorf AG, Tecan Group Ltd, and others are working on expanding the market demand by investing in research and development activities.

The global headquarters of the American corporation Agilent Technologies, Inc. is in Santa Clara, California. Agilent offers a broad range of technological platforms to analytical laboratories and clinical and routine diagnostics sectors. They comprise vacuum technologies, automation, bioreagents, FISH probes, gas and liquid chromatography, immunohistochemistry, informatics, mass spectrometry, microarrays, spectroscopy, target enrichment, and informatics. In December 2022, Agilent Technologies and Fluid Management Systems (FMS), a pioneer in automated sample preparation systems, will collaborate to develop and market workflows for the testing and analysis of persistent organic pollutants (POPs), such as PFAS, Dioxins, PCBs, and other emerging contaminants in environmental and food matrices.

With its corporate headquarters in Washington, DC, the Danaher Corporation is an American multinational conglomerate. The business develops, produces, and sells industrial, commercial, professional, and medical goods and services. "Life Sciences," "Diagnostics," and "Environmental & Applied Solutions" are the three platforms used by the company. The corporation is named after the western Montana location of Danaher Creek. Mitchell Rales and Steven M. Rales, the company's founders, first had the idea while fishing there. Danaher Corporation announced in November 2022 that it had partnered strategically with Duke University to establish the first Danaher Beacon for Gene Therapy Innovation.

Key Companies in the liquid handling system market include

  • Agilent Technologies

  • Danaher Corporation

  • Thermo Fisher Scientific Inc

  • Eppendorf AG

  • Tecan Group Ltd

  • Bio-Rad Laboratories

  • Corning Incorporated

  • Sartorius AG

  • Hamilton Company

  • Mettler-Toledo International, among others

Liquid Handling System Industry Developments

October 2020: For analyzing the cannabis and hemp flower sample, one of the major players, PerkinElmer, unveiled the first Completely Automated Process for Cannabis & Hemp Pesticide Residue.

November 2019: Tecan, a well-known entrepreneur, introduced Cavro Magni Flex, a liquid handling innovation for the following generation of life science applications.

Liquid Handling System Market Segmentation

Liquid Handling System Type Outlook

  • Manual

  • Automated

  • Electronic

Liquid Handling System Application Outlook

  • Drug Discovery

  • ADME Screening

  • High-Throughput Screening (HTS)

  • Compound Weighing And Dissolution

  • Others

Liquid Handling System End User Outlook

  • Pharmaceutical & Biotechnology Companies

  • Contract Research Organization (CRO)

Liquid Handling System Regional Outlook

  • North America

    • US

    • Canada

  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe

  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific

  • Rest of the World

    • Middle East

    • Africa

    • Latin America

Report Scope:

Report Attribute/Metric Details
Market Size 2022 USD 35.2 billion
Market Size 2023 USD 37.4 billion
Market Size 2030 USD 54.2 billion
Compound Annual Growth Rate (CAGR) 6.4% (2023-2030)
Base Year 2022
Market Forecast Period 2023-2030
Historical Data 2019 - 2021
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Product Type, Operating Platforms, and Region
Geographies Covered North America, Europe, Asia Pacific, and Rest of the World
Countries Covered The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled Agilent Technologies, Danaher Corporation, Thermo Fisher Scientific Inc, Eppendorf AG, Tecan Group Ltd, Bio-Rad Laboratories, Corning Incorporated, Sartorius AG, Hamilton Company and Mettler-Toledo International
Key Market Opportunities Development of automated liquid handling solutions
Key Market Dynamics Rise in investments in drug development Increasing demand for high-output screening

Frequently Asked Questions (FAQ) :

The global liquid handling system  market size was valued at USD 35.2 Billion in 2022.

The global market is projected to grow at a CAGR of 6.4% during the forecast period 2023-2030.

The key players in the market are Agilent Technologies, Danaher Corporation,  Thermo Fisher Scientific Inc, Eppendorf AG, and Tecan Group Ltd.

The electronic category dominated the market in 2022.

The pharmaceutical & biotechnology companies had the largest share of the global market.

Key Questions Answered

  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
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