The automated liquid handling systems market size has grown strongly in recent years. It will grow from $3.65 billion in 2023 to $3.92 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The expansion observed in the historical period can be attributed to several key factors, including the increasing demand for high-throughput screening capabilities, the growth of the pharmaceutical and biotechnology industries, the imperative for precision and accuracy in liquid handling processes, the rising trend of laboratory automation, the growing adoption of personalized medicine approaches, the expansion of drug discovery and development initiatives, and the pursuit of cost and time efficiency in laboratory operations.
The automated liquid handling systems market size is expected to see strong growth in the next few years. It will grow to $5.27 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The projected growth in the forecast period can be attributed to several significant factors, including the acceleration of drug discovery processes, the expansion of research activities in genomics and proteomics, the increasing demand for high-throughput diagnostics, the adoption of automated liquid handling systems in emerging markets, and the trend towards miniaturization of laboratory equipment. Additionally, there is a notable focus on improving reproducibility and data quality in laboratory workflows.
The increasing prevalence of chronic diseases is set to drive growth within the automated liquid handling systems market. Chronic diseases, characterized by their long-lasting nature and manageability rather than curability, are on the rise due to factors such as the consumption of processed foods, sedentary lifestyles, and reduced physical activity. Automated liquid handling systems offer distinct advantages over manual pipetting, including enhanced accuracy, reproducibility, and throughput, making them indispensable in pharmaceutical and biotechnology industries. For instance, in January 2023, according to a report published by the National Institutes of Health (NIH), a US-based biomedical research agency, the number of people aged 50 and older with at least one chronic illness is predicted to rise by 99.5%, from 71.522 million in 2020 to 142.66 million in 2050. This underscore the driving force behind the automated liquid handling systems market.
The enterprises operating in the automated liquid handling systems market are directing their efforts toward the development of dual-core pipetting technology solutions to bolster their market presence. Dual-core pipetting technology, a sophisticated liquid handling system utilized in laboratory settings, enables accurate and precise dispensing of liquids. For instance, SPT Labtech introduced the apricot DC1 in February 2022, a compact 4-in-1 automated liquid handling platform designed to enhance throughput, standardization, and data quality across various applications. This innovative platform consolidates four distinct pipetting instruments into a single compact unit, facilitating high-volume and low-volume single- and multichannel pipetting tasks.
In February 2021, in a strategic move to expand its portfolio of liquid handling technologies, SPT Labtech acquired Apricot Designs, though the financial details remain undisclosed. This acquisition broadened SPT Labtech's automation solutions for scientific fields such as drug discovery, genomics, cryo-EM, sample management, and biobanking. Apricot Designs, renowned for its multichannel micro-volume pipettors, disposable pipette tips, and solid-phase extraction and liquid handling instruments, complemented SPT Labtech's offerings, strengthening its position in the automated liquid handling systems market.
Major companies operating in the automated liquid handling systems market are Thermo Fisher Scientific Inc, Danaher Corporation, Becton Dickinson and Company, Corning Inc, Agilent Technologies, Lonza, PerkinElmer Inc, Mettler-Toledo International Inc, Beckman Coulter, Waters Corp, Bio-Rad Laboratories Inc, Qiagen NV, Eppendorf AG, Tecan Group Ltd, Hamilton Company, Formulatrix Inc, Analytik Jena AG, LABCYTE INC, Gilson Inc, BioTek Instruments Inc, Aurora Biomed Inc, Synchron Lab Automation, Hudson Robotics Inc, AUTOGEN INC, Beijing TXTB.
North America was the largest region in the automated liquid handling systems market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automated liquid handling systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automated liquid handling systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Automated liquid handling systems are computerized devices utilized in laboratory settings to execute liquid transfers with precision. These systems utilize software to execute diverse protocols, enabling accurate sample preparation for high-throughput sequencing, screening, bioassays, and other applications. They may incorporate components such as heating or cooling mechanisms, shaking functionality, and centrifugal force for contactless liquid removal.
The primary classifications of automated liquid handling systems include fully automated and semi-automated variants. Fully automated liquid handling systems are sophisticated machines engineered to automate the process of pipetting liquids in laboratory environments, thereby improving efficiency and accuracy. These systems find applications in diverse fields such as drug discovery and ADME-Tox research, cancer and genomic research, bioprocessing or biotechnology, among others. They are utilized by various end-users including contract research organizations, pharmaceutical and biotechnology companies, as well as academic and research institutes.
The automated liquid handling systems market research report is one of a series of new reports that provides automated liquid handling systems market statistics, including the automated liquid handling systems industry global market size, regional shares, competitors with automated liquid handling systems market share, detailed automated liquid handling systems market segments, market trends, and opportunities, and any further data you may need to thrive in the automated liquid handling systems industry. This automated liquid handling systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The automated liquid handling systems market consists of sales of pipettes, consumables, software, and liquid handling workstations. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The automated liquid handling systems market size is expected to see strong growth in the next few years. It will grow to $5.27 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The projected growth in the forecast period can be attributed to several significant factors, including the acceleration of drug discovery processes, the expansion of research activities in genomics and proteomics, the increasing demand for high-throughput diagnostics, the adoption of automated liquid handling systems in emerging markets, and the trend towards miniaturization of laboratory equipment. Additionally, there is a notable focus on improving reproducibility and data quality in laboratory workflows.
The increasing prevalence of chronic diseases is set to drive growth within the automated liquid handling systems market. Chronic diseases, characterized by their long-lasting nature and manageability rather than curability, are on the rise due to factors such as the consumption of processed foods, sedentary lifestyles, and reduced physical activity. Automated liquid handling systems offer distinct advantages over manual pipetting, including enhanced accuracy, reproducibility, and throughput, making them indispensable in pharmaceutical and biotechnology industries. For instance, in January 2023, according to a report published by the National Institutes of Health (NIH), a US-based biomedical research agency, the number of people aged 50 and older with at least one chronic illness is predicted to rise by 99.5%, from 71.522 million in 2020 to 142.66 million in 2050. This underscore the driving force behind the automated liquid handling systems market.
The enterprises operating in the automated liquid handling systems market are directing their efforts toward the development of dual-core pipetting technology solutions to bolster their market presence. Dual-core pipetting technology, a sophisticated liquid handling system utilized in laboratory settings, enables accurate and precise dispensing of liquids. For instance, SPT Labtech introduced the apricot DC1 in February 2022, a compact 4-in-1 automated liquid handling platform designed to enhance throughput, standardization, and data quality across various applications. This innovative platform consolidates four distinct pipetting instruments into a single compact unit, facilitating high-volume and low-volume single- and multichannel pipetting tasks.
In February 2021, in a strategic move to expand its portfolio of liquid handling technologies, SPT Labtech acquired Apricot Designs, though the financial details remain undisclosed. This acquisition broadened SPT Labtech's automation solutions for scientific fields such as drug discovery, genomics, cryo-EM, sample management, and biobanking. Apricot Designs, renowned for its multichannel micro-volume pipettors, disposable pipette tips, and solid-phase extraction and liquid handling instruments, complemented SPT Labtech's offerings, strengthening its position in the automated liquid handling systems market.
Major companies operating in the automated liquid handling systems market are Thermo Fisher Scientific Inc, Danaher Corporation, Becton Dickinson and Company, Corning Inc, Agilent Technologies, Lonza, PerkinElmer Inc, Mettler-Toledo International Inc, Beckman Coulter, Waters Corp, Bio-Rad Laboratories Inc, Qiagen NV, Eppendorf AG, Tecan Group Ltd, Hamilton Company, Formulatrix Inc, Analytik Jena AG, LABCYTE INC, Gilson Inc, BioTek Instruments Inc, Aurora Biomed Inc, Synchron Lab Automation, Hudson Robotics Inc, AUTOGEN INC, Beijing TXTB.
North America was the largest region in the automated liquid handling systems market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automated liquid handling systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automated liquid handling systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Automated liquid handling systems are computerized devices utilized in laboratory settings to execute liquid transfers with precision. These systems utilize software to execute diverse protocols, enabling accurate sample preparation for high-throughput sequencing, screening, bioassays, and other applications. They may incorporate components such as heating or cooling mechanisms, shaking functionality, and centrifugal force for contactless liquid removal.
The primary classifications of automated liquid handling systems include fully automated and semi-automated variants. Fully automated liquid handling systems are sophisticated machines engineered to automate the process of pipetting liquids in laboratory environments, thereby improving efficiency and accuracy. These systems find applications in diverse fields such as drug discovery and ADME-Tox research, cancer and genomic research, bioprocessing or biotechnology, among others. They are utilized by various end-users including contract research organizations, pharmaceutical and biotechnology companies, as well as academic and research institutes.
The automated liquid handling systems market research report is one of a series of new reports that provides automated liquid handling systems market statistics, including the automated liquid handling systems industry global market size, regional shares, competitors with automated liquid handling systems market share, detailed automated liquid handling systems market segments, market trends, and opportunities, and any further data you may need to thrive in the automated liquid handling systems industry. This automated liquid handling systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The automated liquid handling systems market consists of sales of pipettes, consumables, software, and liquid handling workstations. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Automated Liquid Handling Systems Market Characteristics3. Automated Liquid Handling Systems Market Trends and Strategies32. Global Automated Liquid Handling Systems Market Competitive Benchmarking33. Global Automated Liquid Handling Systems Market Competitive Dashboard34. Key Mergers and Acquisitions in the Automated Liquid Handling Systems Market
4. Automated Liquid Handling Systems Market - Macro Economic Scenario
5. Global Automated Liquid Handling Systems Market Size and Growth
6. Automated Liquid Handling Systems Market Segmentation
7. Automated Liquid Handling Systems Market Regional and Country Analysis
8. Asia-Pacific Automated Liquid Handling Systems Market
9. China Automated Liquid Handling Systems Market
10. India Automated Liquid Handling Systems Market
11. Japan Automated Liquid Handling Systems Market
12. Australia Automated Liquid Handling Systems Market
13. Indonesia Automated Liquid Handling Systems Market
14. South Korea Automated Liquid Handling Systems Market
15. Western Europe Automated Liquid Handling Systems Market
16. UK Automated Liquid Handling Systems Market
17. Germany Automated Liquid Handling Systems Market
18. France Automated Liquid Handling Systems Market
19. Italy Automated Liquid Handling Systems Market
20. Spain Automated Liquid Handling Systems Market
21. Eastern Europe Automated Liquid Handling Systems Market
22. Russia Automated Liquid Handling Systems Market
23. North America Automated Liquid Handling Systems Market
24. USA Automated Liquid Handling Systems Market
25. Canada Automated Liquid Handling Systems Market
26. South America Automated Liquid Handling Systems Market
27. Brazil Automated Liquid Handling Systems Market
28. Middle East Automated Liquid Handling Systems Market
29. Africa Automated Liquid Handling Systems Market
30. Automated Liquid Handling Systems Market Competitive Landscape and Company Profiles
31. Automated Liquid Handling Systems Market Other Major and Innovative Companies
35. Automated Liquid Handling Systems Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Automated Liquid Handling Systems Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on automated liquid handling systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Measure the impact of high global inflation on market growth.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for automated liquid handling systems ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The automated liquid handling systems market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Automated Liquid Handling System; Semi-automated Liquid Handling System2) By Application: Drug Discovery And ADME-Tox Research; Cancer And Genomic Research; Bioprocessing Or Biotechnology; Other Applications.
3) By End User: Contract Research Organizations; Pharmaceutical and Biotechnology; Academic and Research Institutes.
Key Companies Mentioned: Thermo Fisher Scientific Inc; Danaher Corporation; Becton Dickinson and Company; Corning Inc; Agilent Technologies
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Thermo Fisher Scientific Inc
- Danaher Corporation
- Becton Dickinson and Company
- Corning Inc
- Agilent Technologies
- Lonza
- PerkinElmer Inc
- Mettler-Toledo International Inc
- Beckman Coulter
- Waters Corp
- Bio-Rad Laboratories Inc
- Qiagen NV
- Eppendorf AG
- Tecan Group Ltd
- Hamilton Company
- Formulatrix Inc
- Analytik Jena AG
- LABCYTE INC
- Gilson Inc
- BioTek Instruments Inc
- Aurora Biomed Inc
- Synchron Lab Automation
- Hudson Robotics Inc
- AUTOGEN INC
- Beijing TXTB
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | May 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 3.92 Billion |
Forecasted Market Value ( USD | $ 5.27 Billion |
Compound Annual Growth Rate | 7.7% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |