Jun 11, 2019
MRFR recently furnished a report that predicts a lucrative future for Global Liquid Handling System Market. The report further adds that the market will be reaching the valuation of 2.95 Billion by 2023 and is to expand at a CAGR of 8.7% during the forecast period.
Pune, India - June 11, 2019 /MarketersMedia/ —
The Global Liquid Handling System Market is predicted to have a significant growth at a healthy 8.7% CAGR over the assessment period (2018-2023). Liquid handling system simply out is an effective laboratory instrument system that comprises of equipment and tools designed for mixing, combining liquid samples and sampling. It is widely used in laboratories as it helps in reducing the time needed to perform laboratory tasks along with increasing the accuracy and work efficiency. Liquid handling systems are available in various forms ranging from liquid handling workstations that is robotic assisted and integrated with the cloud-based software to simple volumetric pipettes that are used for transferring volumes of liquids that is desired in different life science experiments. It has wide application including protein crystallization, next-generation gene sequencing, microarray spotting, genomic extraction, medicine and chemical manufacturing, cell-based assays, serial dilution, biological preparation as well as handling.
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There are several factors that is driving the growth of the liquid handling system market. These factors according to the MRFR (Market Research Future) report include global expansion of pharmaceutical and biotechnology industries, rising focus on accuracy and data precision, increasing need for HTS (high-throughput screening), technological innovations, increasing investments in drug development, increasing need for high-output screening, increasing adoption of automation especially in clinical settings and increasing expenditure on R&D activities. On the contrary, factors such as complex operability and high cost of set-up may restrict the growth of the liquid handling system market.
Key Players - Liquid Handling System Market
The liquid handling system market is competitive and fragmented. For sustaining in this competitive market, the key players are adopting numerous strategies such as geographical expansion, product launch, acquisitions and mergers for having an edge over the competitive rivals.
Some of the prominent players in the Global Liquid Handling System Market are Agilent Technologies, Danaher Corporation, Thermo Fisher Scientific, Inc., Eppendorf AG, Tecan Group Ltd., Bio-Rad Laboratories, Sartorius AG, Mettler-Toledo International Inc., PerkinElmer, Inc., Corning Incorporated, and Hamilton Company.
Feb 2019- Sartorius and Andrew Alliance S.A. has launched the Andrew Alliance Pipette+ system that will uniquely offer improved repeatability and full traceability in manual pipetting especially for the life science laboratory.
Segments - Liquid Handling System Market
Market Research Future report offers an all-inclusive segmental analysis of the on liquid handling system market the basis of type, application, end-user and product.
Based on type, it is segmented into electronic, automated and manual liquid handling system. Of these, electronic liquid handling system will have the maximum share in the market due to reproducibility and high accuracy that it offers.
Based on application, the liquid handling system market is segmented into proteomics, clinical diagnostics, genomics, drug discovery and others. Drug discovery is further segmented into compound weighing & dissolution, high throughput screening (HTS), ADME screening and others. Genomics is again segmented into RNA/DNA purification, polymerase chain reaction (PCR), next-generation sequencing (NGS), genotyping and others. Clinical diagnostics is further segmented into ELISA, sample preparation and others.
Based on end-user, it is segmented into contract research organization (CRO), pharmaceutical and biotechnology companies and others.
Based on product, the liquid handling system market is segmented into software, burettes, liquid handling workstations, microplate reagent dispensers, consumables, pipettes and others. Pipettes are again segmented into semi-automated pipettes, electronic pipettes and manual pipettes. Consumables are also further segmented into reagent containers, tubes and plates, disposable tips and others.
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Regional Analysis - Liquid Handling System Market
Geographically, the Americas is expected to dominate the global market owing to the presence of well-established healthcare sector, the high adoption rate of advanced technologies, and rising healthcare expenditures. Europe is anticipated to be the second largest market in the global liquid handling system market owing to the increasing R&D activities and continuously growing biopharmaceutical sector. Asia-Pacific region is anticipated to be the fastest growing region due to the improving scenario of life sciences-related research, increasing development in the healthcare sector, and rising government investments in the biotechnology and pharmaceutical sector. Furthermore, the Middle East & Africa has the lowest share of the global liquid handling system market.
Some Brief Table of Contents of Report
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
TOC Continued…
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Statistical Report, Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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Website: https://www.marketresearchfuture.com/reports/liquid-handling-system-market-6588
Source: MarketersMedia
Release ID: 522890
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