A new study by Report Ocean states that the global automated liquid handling market is likely to register a high rise in the years to come. The study is titled “Automated Liquid Handling Market By Type (Standalone, Individual Benchtop Workstation, Multi-Instrument System, and Others), Modality (Fixed Tips and Disposable Tips), Procedure (PCR-Set-Up, Serial Dilution, High-Throughput Screening, Cell Culture, Whole Genome Amplification, Plate Reformatting, Array Printing, and Other Procedures), End User (Biotechnology & Pharmaceutical Companies, Contract Research Organizations, and Academic & Government Research institutes): Global Opportunity Analysis and Industry Forecast, 2020–2027.”
As per the study, the global automated liquid handling market stood at US$0.76 bn in 2019. Rising at a CAGR of 8.50% during the period from 2020 to 2027, the market is expected to reach US$1.48 bn by the end of the forecast period.
Automated liquid handling (ALH) systems find wide-ranging usage in the biotechnology and pharmaceutical industries, contract research organizations (CROs), and academic and government research institutes for the enhancement of workflow. The market is anticipated to report a significant rise over the next few years, thanks to the increasing uptake of these systems in emerging economies. The technological advancements in these systems and the surge in the demand for miniature process equipment are also expected to add to the growth of this market over the forthcoming years.
On the other hand, high costs of ALH instruments may hamper this market in the near future. However, the untapped potential of emerging markets will offer lucrative opportunities for market players, thus normalizing the impact of restraints in the long run, states the research report.
Impact of Covid 19 on Global Automated Liquid Handling Market
The impact of coronavirus pandemic is more or less visible on almost all the markets across the world, including the global automated liquid handling market. Due to the economic slowdown, research activities for the development of new and advanced devices have also decreased, reflecting negatively on this market over the last few months. However, with the economies reopening, the market is expected to regain its pace soon.
In this study, the global automated liquid handling market has been assessed on the basis of the type, modality, procedure, end user, and the region. On the basis of type, the market has been classified into standalone, individual benchtop workstation, multi-instrument system, and others. Based on the modality, it has been bifurcated into fixed tips and disposable tips. By procedure, it has been segmented into PCR-set-up, serial dilution, high-throughput screening, cell culture, whole genome amplification, plate reformatting, array printing, and other procedures. On the basis of the end user, it has been classified into biotechnology and pharmaceutical companies, contract research organizations, and academic and government research institutes. Region wise, the market has been analyzed across North America, Europe, Asia Pacific, and LAMEA in this research study.
- The global automated liquid handling market stood at US$0.76 bn in 2019.
- The increasing uptake of these systems in emerging economies is expected to support the growth of this market.
The global automated liquid handling market is segmented:
- Individual Benchtop Workstation
- Multi Instrument System
- Disposable Tip
- Fixed Tip
- PCR Setup
- Serial Dilution
- High-Throughput Screening
- Cell Culture
- Whole Genome Amplification
- Plate Reformatting
- Array Printing
- Other Procedures
By End User
- Biotechnology & Pharmaceutical Companies
- Contract Research Organizations
- Academic & Government Research Institutes
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Middle East
Companies Mentioned in the Report
- Agilent Technologies, Inc. (Biotek Instruments, Inc.)
- Aurora Biomed Inc.
- Corning Inc.
- Danaher Corporation (Beckman Coulter Inc.)
- Eppendorf Ag
- Gilson Inc.
- Hamilton Company
- Mettler-Toledo International Inc.
- Perkinelmer Inc.
- Tecan Group Ltd.
- Thermo Fisher Scientific Inc.
Company Name: Report Ocean
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