Global Liquid Handling Technology Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Liquid Handling Technology Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Type (Automated Liquid Handling, Manual Liquid Handling, and Semi-Automated Liquid Handling), Product (Pipettes, Consumables, Microplate Reagent Dispensers, Liquid Handling Workstations, Burettes, Microplate Washers, Software, Other Products), Application (Drug Discovery & ADME-Tox Research, Cancer & Genomic Research, Bioprocessing/Biotechnology, and Others), End User (Pharmaceutical & Biotechnology Companies, Contract Research Organization (CRO), and Academic & Research Institutes), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Liquid Handling Technology Market was valued at USD 4,933.3 million in 2023 and is expected to reach USD 7,123.7 million by 2031 while growing at a CAGR of 4.7% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global liquid handling technology market growth. Liquid handling generally involves the transfer of liquids from one container to another. This process can occur manually, semi-automatically (referred to as "hybrids"), or fully automatically using automated liquid handling systems (ALH systems). Various types of liquid handling systems include pipettes and micropipettes, available in both analog and electronic forms, featuring fixed and disposable tips. Additionally, liquid handling systems encompass washers, microtiter plate reagent dispensers, stackers, handlers, burettes, software, reagents, consumables, and other related products.
Advancements in life sciences research, spanning genomics, proteomics, drug discovery, and diagnostics, alongside the drive for automation and labor efficiency, and the increasing demand for high-throughput screening, propel market growth. However, obstacles like high initial investment costs and complexity and integration challenges impede this growth trajectory.
Furthermore, the global liquid handling technology industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Type Analysis
The Global Liquid Handling Technology Market is segmented among Automated Liquid Handling, Manual Liquid Handling, and Semi-Automated Liquid Handling, based on Type. In 2023, Semi-Automated Liquid Handling accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Product Analysis
The Global Liquid Handling Technology Market is segmented among Pipettes, Consumables, Microplate Reagent Dispensers, Liquid Handling Workstations, Burettes, Microplate Washers, Software, Other Products, based on Product. In 2023, Pipettes accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Liquid Handling Technology Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Agilent Technologies, Bio-Rad Laboratories, Corning Incorporated, Eppendorf AG, Hamilton Company, Labcyte Inc., PerkinElmer, Inc., Promega Corporation, and Thermo Fisher Scientific, Inc.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Liquid Handling Technology Market Dynamics
Drivers
Restraints
Opportunity
4. Global Liquid Handling Technology Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Liquid Handling Technology Market Segmentation, By Type
Global Liquid Handling Technology Market Share Analysis, By Type
Global Liquid Handling Technology Market Growth Analysis, By Type
Global Liquid Handling Technology Market Trends, By Type
o Automated Liquid Handling
o Manual Liquid Handling
o Semi-Automated Liquid Handling
6. Global Liquid Handling Technology Market Segmentation, By Product
Global Liquid Handling Technology Market Share Analysis, By Product
Global Liquid Handling Technology Market Growth Analysis, By Product
Global Liquid Handling Technology Market Trends, By Product
o Pipettes
o Consumables
o Microplate Reagent Dispensers
o Liquid Handling Workstations
o Burettes
o Microplate Washer
o Software
o Other Products
7. Global Liquid Handling Technology Market Segmentation, By Application
Global Liquid Handling Technology Market Share Analysis, By Application
Global Liquid Handling Technology Market Growth Analysis, By Application
Global Liquid Handling Technology Market Trends, By Application
o Drug Discovery & ADME-Tox Research
o Cancer and Genomics Research
o Bioprocessing/Biotechnology
o Others
8. Global Liquid Handling Technology Market Segmentation, By End User
Global Liquid Handling Technology Market Share Analysis, By End User
Global Liquid Handling Technology Market Growth Analysis, By End User
Global Liquid Handling Technology Market Trends, By End User
o Pharmaceutical and Biotechnology Industry
o Contract Research Organization
o Academic Institutes
9. Global Liquid Handling Technology Market Segmentation, By Region
Global Liquid Handling Technology Market Share Analysis, By Region
Global Liquid Handling Technology Market Growth Analysis, By Region
Global Liquid Handling Technology Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
10. Competitive Landscape
Agilent Technologies*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Bio-Rad Laboratories
Corning Incorporated
Eppendorf AG
Hamilton Company
Labcyte Inc.
PerkinElmer, Inc.
Promega Corporation
Thermo Fisher Scientific, Inc.
*Similar analysis will be provided for each company listed above.