Liquid Handling System Market Research Report – Forecast to 2030

Liquid Handling System Market Research Report: By Type (Manual, Automated, Electronic), By Product (Consumables, Pipettes, Others), By Application (Drug Discovery, Others), By End User (Pharmaceutical & Biotechnology Companies, Others) - Forecast till 2030

ID: MRFR/MED/5126-HCR | September 2022 | Region: Global | 90 Pages         

Liquid Handling System Market

Liquid handling system market is expected to register a CAGR of 6.37% with USD 54.94 billion by 2030

Segmentation

By Type Manual Automated Electronic
By Application Drug Discovery Adme Screening High Throughput Screening (Hts) Compound Weighing And Dissolution Others
By End User Pharmaceutical & Biotechnology Companies Contract Research Organization (Cro)
By Region North America Europe Asia Pacific Rest Of The World

Key Players

  • 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

Drivers

  • Increase in investments in drug development
  • Growing demand for high-output screening
  • Growing expenditure on research & development (r&d)
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Liquid Handling System Market Overview


In 2020, the global liquid handling system market value is registered as USD 5.49 billion and is expected to exhibit the highest growth rate of 6.37% CAGR during the forecast period (2020-2030). 


The liquid handling system is an instrument used in the laboratory which consists of tools and equipment that serves the purpose of mixing, combining, and blending the liquid samples. To ensure highly accurate data and quick handling capability, this system is based on a high level of automation. By the introduction of a large volume capable of transferable pipettes and consumables, this system enhances operational efficiency. The different ranges of liquid handling equipment are available with plate dispensers, fixed or disposable tips, stackers, handlers, and others.


This system finds its application in drug development and research institutes, life sciences studies, genomics, and others. The liquid handling system also finds application in forensic science and research, drug discovery, microbiology, molecular biology, clinical research, and new drug development studies. It encompasses the whole range including pipet to the multifunction workstation that is used for several laboratory techniques like fluorescence, ELISA, PCR reaction, nucleic acid preparation, liquid-liquid extraction, next-generation sequencing (NGS) for genomic research, and many more.


COVID-19 Analysis of Liquid Handling System Market:


The COVID-19 outbreak is severely impacted various sectors. But the liquid handling system market is positively impacted by its wide usage in laboratories. Real-time PCR is the most fundamental technique for diagnosing the COVID-19 virus. During this pandemic situation, the test for COVID-19 has been an ongoing bottleneck. Due to the need of processing specimens faster with greater accuracy, the liquid handling robotic system, and liquid manure handling system are introduced which can handle the workload.


Various liquid handling system suppliers are trying to customize the systems to work specifically for coronavirus. Moreover, Eppendorf provides the epMotion series in liquid handling system for testing and research of COVID-19. Due to the increasing adoption of laboratory automation in the testing and research of COVID-19, the liquid handling system market is positively impacted. 


Liquid Handling System Market Dynamics:


Drivers:


The rise in investments in drug development, rising expenditure on research & development, increasing demand for high output screening, and increasing adoption of automation in clinical settings are the major factors driving the liquid handling system market growth. Additionally, rising research & development activities for novel drug innovation and biotechnology research are propelling the market growth.


The growing investment by the novel drug companies and the development of vaccines are accelerating the demand for the liquid handling system market. To combat disease incidence, the manufacturers are introducing the ongoing drug pipeline are accelerate the growth of the market. Increasing pressure to accelerate R & D and testing volume results in the adoption of automated liquid handling systems which are capable of handling large volumes of PCR tests with accurate clinical outcomes are fueling the market growth.


Restraint:


The liquid handling system costs are high and the operating of this system is complex which is restraining the growth of the market.


Opportunities:


Increasing investment in research & drug development, rising demand for high throughput screening, and the advanced technologies in the automated liquid handling system are the factors boosting the growth of the market.


Challenges:


Slow economic growth is limiting market growth.


Study Objectives -



  • To provide information about the liquid handling system market structure along with various forecast segments and subsegments for the next 7 years.

  • To provide the declining factors that are affecting the growth of the liquid handling system market value.

  • To examine the liquid handling system market industry analysis based on the factors-price analysis, supply chain analysis, etc.

  • To provide revenue segments and sub-segments of the liquid handling system market revenue for the four main geographies.

  • To offer the country-level analysis of the present market size and future prospective.

  • To provide country-level analysis of the liquid handling system market industry growth by region, product, form, and application.

  • To provide a strategic profile of the major key players in the market, study their core competencies, statistics, and draw a global market growth landscape.

  • To track and evaluate new product developments, strategic alliances, mergers, and global market research.


Segment Overview:


The global liquid handling system market has been divided into five segments based on type, application, product, end-user, and region.


Based on Type


The liquid handling system types are trifurcated into manual, automated, and electronic liquid handling systems. Among them, an electronic liquid handling system is accounting for the highest market share due to its high accuracy and reproducibility.


Based on Application


The liquid handling system applications are classified into various types as genomics, drug discovery, clinical diagnostics, proteomics, and others. Among them, the drug discovery segment is dominating the largest market share due to the rising demand for the latest & advanced drugs and the growing incidence of chronic disorders around the world.


Based on Product


The liquid handling system products are categorized into various types as consumables, pipettes, liquid handling workstations, microplate reagent dispensers, burettes, software, and others. Out of these, the pipettes segment is holding the largest share for the use of pipettes in multiple applications and is capable of transferring a high range of volumes.


Based on End-user


The liquid handling system based on end-use is analyzed into a few types as pharmaceutical & biotechnology companies, contract research organizations (CRO), and others. Due to the increasing investments, and rising research & development activities in the biotechnology and pharmaceutical industries, the pharmaceutical & biotechnology companies segment is accounting for the leading position.


Based on Region


Region-wise, the global liquid handling system is divided into four main geographies like Asia-Pacific, Europe, the Americas, and the Middle East & Africa. Among them, the Americas is holding the largest market share due to the high adoption rate of advanced technologies, and rising expenditure for healthcare.


Regional Analysis -


Geographically, the liquid handling system based on regions is segmented into four major regions such as Europe, Asia-Pacific, the Americas, and the Middle East & Africa. Out of these regions, the Americas is holding the highest liquid handling system market share due to the high adoption rate of advanced technologies, rising expenditure for healthcare, and well-developed healthcare sector. The Centers for Disease Control and Prevention (CDC) report states that in 2015, the total national health expenditure was USD 3.2 trillion.


Owing to the growing R& D activities and increasing biopharmaceutical sector, Europe is predicted to hold the second leading position in the market. Asia-Pacific is expected to witness the fastest growing region due to the developing scenario of life science-related research, rising government investments in the biotechnology and pharmaceutical sector, and developing the healthcare sector. The Middle East & Africa is holding the least market share and the majority of the share was expected from the Middle East region owing to the rising government initiatives for the healthcare segment and further provides a favorable scenario for the growth of the pharmaceutical and biotechnological sector.  


Competitive Landscape


The prominent key players in the liquid handling system market outlook are the following:



  • 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 Inc.,

  • PerkinElmer, Inc


Recent Developments



  • In October 2020, one of the leading key players, PerkinElmer introduced the first Fully Automated Workflow for Cannabis & Hemp Pesticide Residue for testing the cannabis and hemp flower sample.

  • In November 2019, a famous enterpriser Tecan launched Cavro Magni Flex, a liquid handling development for life science applications in the next generation. 


Report Overview:


This global liquid handling system market research includes the Market Overview, COVID-19 analysis, Market Dynamics, Study Objectives, Segment Overview, Regional Analysis, Competitive Landscape, Recent developments, Segmentation Table, and FAQs. The market scenario includes the liquid handling system market drivers, restraints, challenges, and opportunities. The liquid handling system market forecast segments into five forms as type, application, product, end-user, and region.


Segmentation Table


The liquid handling system market trends have been segmented into five forms globally based on the type, application, product, end-user, and region.


By Type


Manual, automated, and electronic liquid handling systems are the three types of the market.


By Application


Genomics, drug discovery, clinical diagnostics, proteomics, and others are a few types of applications.


By Product


Consumables, pipettes, liquid handling workstations, microplate reagent dispensers, burettes, software, and others are the various products of the market.


By End-user


Pharmaceutical & biotechnology companies, contract research organizations (CRO), and others are a few end-users.


By Region


Asia-Pacific, Europe, North America, and the Middle East & Africa are the four main geographies included in the global market.



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 5.49 billion
  CAGR   2020-2030: 6.37%
  Base Year   2019
  Forecast Period   2030
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Product, Application, And End-User
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   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 Inc., and Perkinelmer, Inc.
  Key Market Opportunities   Rising adoption of automation in clinical settings
  Key Market Drivers   Increase in investments in drug development, growing demand for high-output screening, growing expenditure on research & development (R&D)


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Frequently Asked Questions (FAQ) :

The liquid handling system market is projected to grow at an 6.37% CAGR between 2020-2030.

The Americas is projected to command the largest share in the liquid handling system market.

End users of liquid handling system market include CRO, pharmaceutical and biotechnology companies, and others.

Electronic liquid handling system will lead the liquid handling system market.