Global Liquid Handling Technology Market growing at a CAGR 9.35% to Estimated va

Posted by Onkar Nimbalkar on October 15th, 2019

 Analysis of Global Liquid Handling Technology Market report:

Global liquid handling technology market is expected to rise from to an estimated value of USD 6.15 billion by 2026 registering a substantial CAGR of 9.35% in the forecast period of 2019-2026. This rise in the use of robotics including automated liquid handling, increased investments by pharmaceutical companies and rising demand for superior medical diagnostics.

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Definition:

Liquid handling technology is a technology that is used in laboratories in order to blend, mix, sample and combine liquids. High level of automation is adopted to ensure precision and quick liquid handling, and thus there in an introduction of robotics in liquid handling to include automated liquid handling technologies. They have an extensive application in genomics, drug discovery, cancer research, and other life sciences and are extensively used in medical laboratories and in the clinical diagnostics market.

Market Drivers

•         The adoption of robotics in the pharma industry, and the inclusion of automated liquid handling technology accelerates the demand for this market
•         Innovations and technological advancements improve performance and reduce errors
•         Rise in the number of investments by pharma companies in drug development drives the demand for this market
•         Increase in the number of research and development activities in the field of genetics, epigenetics and single cell analysis would lead to developments ad improvements in this market
•         Rise in the demand for high-throughput screening and superior medical diagnostics would boost the growth of this market

Market Restraints

•         High costs of liquid handling technologies hampers the growth of this market
•         High complexity and difficulty in operating the new liquid handling systems restrains the growth of the market
•         Lack of reliability on the operations of this technology hinders the growth of this market

Leading Key players profiled in this report are:

Few of the major market competitors currently working in the Liquid handling technology market are Agilent Technologies, Inc., Aurora Biomed Inc., Danaher., BioTek Instruments, Inc., Bio-Rad Laboratories, Inc., Analytik Jena AG, Corning Incorporated, Formulatrix., Hamilton Company., Hudson Robotics, LABCYTE INC., Lonza., PerkinElmer Inc, QIAGEN, Thermo Fisher Scientific Inc., Tecan Trading AG, Sartorius AG, METTLER TOLEDO., Gilson Incorporated. Eppendorf AG, AutoGen, Inc., OPENTRONS, Teledyne CETAC Technologies, Andrew Alliance., Analytik Jena AG, Beckman Coulter Life Sciences., Promega Corporation among others.

Global Liquid Handling Technology Market Segmentation:

By Product

•         Automated Workstations
•         Small Devices
•         Pipettes
•         Burettes
•         Dispensers
•         Others
•         Consumables

By Type

•         Automated Liquid Handling
•         Manual Liquid Handling
•         Semi-Automated Liquid Handling

By Application

•         Drug Discovery & ADME-Tox Research
•         Cancer & Genomic Research
•         Bioprocessing/Biotechnology
•         Others

By Technology

•         Valve Dispensing Technology
•         Syringe Solenoid Technology
•         Inkjet-Technology
•         Glass Capillary Technology
•         Automated Liquid Handling Technology

By End-User

•         Academic & Research Institutes
•         Medical/Forensics Laboratories
•         Pharmaceutical & Biotechnology Companies
•         Contract Research Organizations
•         Chemical Industries
•         Others

By Geography

•         North America
•         South America
•         Europe
•         Asia-Pacific

The Global Liquid Handling Technology Market report provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading markets players within the Global Liquid Handling Technology Market. The industry changing factors for the market segments are explored in this report.  This analysis report covers the growth factors of the worldwide market based on end-users. Market opportunities and recommendations for new investments are also encompassed in this report.

Company Share Analysis:

Global liquid handling technology market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Liquid handling technology market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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