Automated Liquid Handling Technology Market– Statistics And Analysis & ForecastPosted by Mrudula Anil Karmarkar on April 14th, 2021 The global automated liquid handling technology market size is anticipated to reach USD 2.07 billion by 2025, according to a new report by Grand View Research, Inc., experiencing a CAGR of 9.4% during the forecast period. Automated liquid handling technology has transformed wet lab research processing by enabling significant restructuring of R & D facilities of pharma & biotech companies. Rapid adoption of liquid handling robots to replace traditionally reserved ‘wet lab’ bench work areas is estimated to foster market growth. Biopharmaceutical innovators are at the forefront of the human response to the coronavirus pandemic. A significant number of major biotech firms are in the midst of a race to investigate the Sars-Cov-2 genome and prepare a viable vaccine for the same. As compared to the speed of response to SARS/MERs etc, the biotech entities are investigating SARs-Cov-2 at an unprecedented rate and a considerable amount of funds are being put into the R&D. With multiple candidates in trial, the public and private sectors are anticipated to work in unison for the foreseeable period, until a vaccine is developed for Covid-19. The report will account for Covid19 as a key market contributor. Efficient & accurate handling of liquid samples help pharmaceutical and biotechnology companies in maintaining overall productivity. This makes these companies & research laboratories rely greatly on automated platforms. Usage of customizable and preprogrammed procedures reduces need for supervision as it enables researchers to invest more time on data analysis. Buyers have an option to select from different liquid handling technologies such as air displacement dispensing, positive displacement, piezoelectric, and acoustic. This choice to pick from a range of automated liquid handlers influences buyer power. Key market players are involved in developing low volume liquid handling systems as a consequence of rising adoption of microfluidics and microplates in lab processing. Automated Liquid Handling Technology Market Report Highlights
Over the years, contact dispensing has gained wide acceptance due to its reliability, simplicity, and low cost. However, liquid handling needs are observed to be changing with reduction in sample volume. Surface adhesion is the most prominent factor that affects liquid handling performance at micro- to nanoliter sample volume. Manufacturers are developing workstations based on different technologies for dispensing without surface adhesion. These technologies include ultrasound, piezoelectric, and solenoid. For instance, LABCYTE INC. uses Echo acoustic liquid handling technology in its products to offer non-contact dispensing. In addition, effective miniaturization of assay platforms reduces workflow expenditure by reduction in use of expensive reagents. Increasing development of acoustic liquid handling platforms, which enable faster processing, is likely to stoke the growth of the market. Growing trend of automation and advantages of automated liquid handling over manual handling are also providing a fillip to the market. Based on product, the market has been bifurcated into automated liquid handling workstations and reagents and consumables. Workstations have been reviewed based on their assembly and type. On the basis of assembly, they can be segmented into standalone and integrated workstations and based on type, they can be divided into multipurpose, pipetting, specialized liquid handlers, and workstation module. Have a Query? Ask Our Expert: https://www.grandviewresearch.com/inquiry/5273/ibb The market is consolidated with few market players having a larger market share. These key players include Analytik Jena AG; Hamilton Company; Aurora Biomed Inc.; Labcyte Inc.; Eppendorf AG; BioTek Instruments, Inc.; Agilent Technologies; Labnet International, Inc.; Gilson, Inc.; Beckman Coulter, Inc.; and Tecan Trading AG. Competitors are involved in strategic partnerships with biotech companies to develop assays & tools in order to provide automated workflows to biopharmaceutical companies. For instance, in June 2018, Hamilton Robotics collaborated with WATERS for development of STARWorks for sample preparation workflows using WATER’s assays -Waters ProteinWorks and Waters GlycoWorks. Grand View Research has segmented the global liquid handling technology market on the basis of product, application, end user: Automated Liquid Handling Technology Product Outlook (Revenue, USD Million, 2014 - 2025)
Automated Liquid Handling Technology Application Outlook (Revenue, USD Million, 2014 - 2025)
Automated Liquid Handling Technology End User Outlook (Revenue, USD Million, 2014 - 2025)
About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. For More Information:www.grandviewresearch.com Like it? Share it!More by this author |