Pipettes, Pipettors, and Accessories Market Size

The increasing prevalence of chronic constipation is driving the market growth

The growth of pipettes and accessories is primarily driven by the increasing research and development activities in the pharmaceutical and biotechnology sectors, which are fueled by the high prevalence of infectious diseases and cancer. According to the 2012 European Union Industrial R&D Investment Scoreboard, the pharmaceutical and biotechnology industries accounted for a significant portion of business R&D expenditure, reaching 17.7%. Pharmaceutical companies are actively involved in research and development efforts, both internally and by outsourcing to academic and private research institutes. This trend creates a higher demand for liquid handling systems like pipettes.

Additionally, pharmaceutical companies are increasingly relying on Contract Research Organizations (CROs) to conduct research activities and maintain their presence in the growing pharmaceutical and biotechnology market. This outsourcing strategy allows them to leverage the expertise of specialized organizations. For example, in May 2018, Ritter Pharmaceuticals, Inc. collaborated with Medpace, a CRO, to conduct clinical trials for a novel therapeutic product. These developments reflect the industry's emphasis on innovation and collaboration to advance healthcare solutions. This factor drives market CAGR.

Additionally, research activities by several pharmaceutical and biotechnology companies, especially in developing and developed countries, to find treatments for chronic diseases bolstered the demand for pipettes and accessories. Sizeable investments by industry players in finding anti-cancer therapies and drugs in various parts of the world catalyze the market for pipettes. The use of microplate pipetting in microassays is notably rising. The growing role of privately-owned contract research organizations (CRO) in carrying out pharmaceutical research has imparted increasing momentum to expanding the pipettes and accessories market.

To this end, they have been entering into collaborations and partnerships with various pharmaceutical companies to help in clinical trials. The rising demand for novel therapeutic products also bolsters the growth of the pipettes and accessories market.However, the exorbitant cost of electronic pipettes and accessories has dampened the uptake rate, especially in less developed regions.

Moreover, inadequacy in safety may expose users to the potential risk of hazardous chemicals. Multichannel and multi-stepper pipettes are opening new avenues in the pipettes and accessories market.Thus, driving the Pipettes, Pipettors, and Accessories market revenue.

Leading market players are investing heavily in research and development to expand their product lines, which will help the Pipettes, Pipettors, and Accessories market grow even more. Market participants are also undertaking different strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Pipettes, Pipettors, and Accessories industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Pipettes, Pipettors, and Accessories industry to benefit clients and increase the market sector. In recent years, the Pipettes, Pipettors, and Accessories industry has offered some of the most significant advantages to medicine.

Major players in the Pipettes, Pipettors, and Accessories market, including Thermo Fisher Scientific Inc., BRAND GMBH + CO KG, CAPP ApS, Thomas Scientific, Inc., Corning Incorporated, Eppendorf AG, Gilson Incorporated, Hamilton Company, Greiner Bio-One International GmbH, INTEGRA Biosciences AG, The Lab Depot, Inc., Sartorius AG, SocorexIsba S.A., Nichiryo Co., Ltd., and Mettler-Toledo International Inc., and Several companies in the market are actively working to boost market demand by making significant investments in research and development activities.

INTEGRA is a dynamic company that specializes in providing cutting-edge solutions for Liquid Handling and Media Preparation applications in various laboratory settings such as research, diagnostics, and quality control. Our success is attributed to our exceptional products and dedicated team, as well as our extensive network of subsidiaries and partners worldwide. Integra Biosciences, a well-established brand known for its expertise in the pipettes market, has recently introduced an innovative portable electronic pipette. This groundbreaking system, known as the MINI 96, offers outstanding value for money and has the potential to significantly enhance liquid handling capabilities in laboratories.

Eppendorf is a prominent life science company that specializes in the development and distribution of instruments, consumables, and services related to liquid, sample, and cell handling in laboratories worldwide. Their extensive product portfolio includes pipettes, automated pipetting systems, dispensers, centrifuges, mixers, spectrometers and cell manipulation systems. In a significant move, Eppendorf India inaugurated a new facility for pipette calibration in India. The Sophisticated Pipette Laboratory and Service Hub (SPLASH) facility has the capacity to calibrate up to 100,000 pipettes annually.

This expansion by Eppendorf further strengthens their presence in the Indian market for pipettes and pipettors, demonstrating their commitment to providing reliable and high-quality solutions to their customers.