The global liquid handling systems market is expected to reach USD 3.74 billion by 2022, at a CAGR of 7.2%. Rapidly developing global biotechnology and pharmaceutical industries, rising requirement for high-throughput screening (HTS), increasing emphasis on data precision and accuracy, and technological innovations are major factors driving this market. On the other hand, the growth of this market is hindered to some extent due to the economic downturn and pricing limitations.
Liquid Handling Workstations to register the highest CAGR during the forecast period.
The liquid handling systems market is classified by products into pipettes, burettes, consumables, microplate reagent dispensers, microplate washers, liquid handling workstations, software, and other products. The liquid handling workstations segment is expected to grow at a higher rate during the forecast period. This product is gaining higher acceptance from consumers due to cost-effectiveness, convenience, and good performance.
Pharmaceutical and biotechnology companies to dominate the market during the forecast period.
The liquid handling systems market is segmented based on end users into biotechnology and pharmaceutical companies; research institutes; hospitals and diagnostic laboratories; academic institutes; and other end users. In 2017, biotechnology and pharmaceutical companies segment is expected to command the largest share and is also estimated to grow at the fastest rate as compared to the other segments. This can be attributed to increasing research activities and growth in the biotechnology and pharmaceutical industries.
Asia is estimated to be the fastest growing regional segment in the global liquid handling systems market during the forecast period.
Geographically, the liquid handling systems market is dominated by North America, followed by Europe but the Asian region is estimated to grow at the fastest rate. This rapid growth rate can be attributed to the improving life sciences research infrastructure in emerging economies and rising investments by governments to promote research activities.
The primary interviews conducted for this report can be categorized as follows:
- By Company Type - Tier 1 – 70% and Tier 2 – 30%
- By Designation – C level – 62%, Director level – 21%, Others – 17%
- By Region – North America – 50%, Europe – 20%, Asia – 30%
The key players in the market are Danaher Corporation (U.S.), Thermo Fisher Scientific Inc. (U.S.), Eppendorf AG (Germany), Tecan Group Ltd. (Switzerland), Gardner Denver Medical (Germany), Mettler-Toledo International Inc. (U.S.), Hamilton Company (U.S.), PerkinElmer, Inc. (U.S.), Sartorius AG (Germany), Corning Incorporated (U.S.), Gilson, Inc. (U.S.), Agilent Technologies, Inc. (U.S.), Qiagen N.V. (Germany), Lonza Group Ltd (Switzerland), Brooks Automation, Inc. (U.S.), Integra Holding AG (Switzerland), Endress+Hauser AG (Switzerland), Labcyte Inc. (U.S.), BioTek Instruments, Inc. (U.S.), TTP Labtech Ltd (U.K.), Metrohm AG (Switzerland), BRAND GMBH + CO KG (Germany), Tomtec, Inc. (U.S.), Hudson Robotics, Inc. (U.S.), and Orochem Technologies Inc. (U.S.).
The report analyses the liquid handling systems market by type, products, applications, end users, and regions. Apart from comprehensive geographic & product analysis and market sizing, the report also provides a competitive landscape that covers the growth strategies adopted by industry players over the last three years. In addition, the company profiles comprise the product portfolios, developments, and strategies adopted by prominent market players to maintain and increase their shares in the market. Market research data, current market size, and forecast of the future trends will help key market players and new entrants to make the necessary decisions regarding product offerings, geographic focus, change in strategic approach, and levels of output in order to remain successful in the type, products, applications, end users, and regions.
Key benefits of buying the Report:
This report will enable both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help these firms garner greater market shares. Firms purchasing the report can use any one or a combination of the below-mentioned five strategies for strengthening their market shares.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the liquid handling systems market
- Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the liquid handling systems market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the liquid handling systems market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various liquid handling products across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the liquid handling systems market
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