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Liquid Handling Systems Market 2020 By Regional Trend & Growth Forecast To 2024

Author : Ronak Bora | Published Date : 2020-09-21 

Liquid Handling Systems Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

The growing cases of viral as well as lifestyle-related conditions such as diabetes, heart disease, and HIV globally are increasing the demand and application of liquid handling systems for accurate disease diagnosis. Also, an increase in number of research clinical applications such as ELISA, PCR, plate reformatting, serial dilution, plate replication, and array printing will propel the liquid handling systems demand in the coming years.

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According to a new research report, global liquid handling systems market size will surpass US$2 billion by 2024. The prevailing infectious and chronic diseases worldwide have boosted the production of vaccine tremendously. The provision of advanced technologies related to liquid handling is believed to increase in the coming years due to the rapid production of vaccines.

The manual liquid handling systems segment had acquired the majority of global market share and accounted for nearly US$844.9 million in 2017, anticipated to foster further expansion due to widespread availability and application at a lower cost. On the other hand, due to automated enhanced sampling, combining and mixing of liquids samples, the automatic liquid handling systems are predicted to witness more adoption in the coming years.

Based on the product, the automated workstation has superior customization options, improved productivity, and greater flexibility that will increase its application extensively. Reportedly, the automated workstation type liquid handling systems industry share is expected to grow considerably at 6% CAGR through 2024. Based on growth, the segment is further subdivided into the pipette segment.

Several medical device manufactures are emphasizing developing pipettes that are ergonomically designed, safe, and technologically advanced to fulfill the necessities of clinical and research laboratories.

The pharmaceutical and biotechnology industry market segment accounted for US$635.5 million in revenues for the industry in 2017.  The demand is forecasted to experience substantial growth due to the presence of several leading pharmaceutical companies globally, and surging need for vaccine production and drug discovery.

Additionally, the increasing prevalence of chronic and infectious ailments that require precise diagnosis will propel the product adoption across pharmaceutical and biotechnology customers.

With the biotech industry portrayed as one of the 10 significant sectors in Beijing’s recent five-year plan, China is considered as one of the most technologically advanced nations. China’s liquid handling systems market share is projected to expand at a considerable rate of 7.1% CAGR up to 2024. Also, strong financial support from both public and private sectors, and favorable regulations that are becoming positively influencing the holistic development of the healthcare industry in the region.

Notable companies globally offering liquid handling systems include Sartorius, Hamilton Co., Tecan, Thermo Fisher Scientific, Inc., Eppendorf AG, and Gilson Incorporated. These leading companies are focusing on strategizing to introduce automated and technologically advanced systems that will not only expand its innovative product portfolio but also boost sales. Additionally, strategic acquisition, collaborations, partnerships, and mergers are expected to enlarge their geographic limits.

Thermo Fisher Scientific had introduced a new highly automated, real-time PCR solution designed to analyze up to 6,000 samples in a single day to meet increasing global demand for COVID-19 testing. The high-throughput system enables laboratories fluent liquid handling to double or even triple their testing capacity to support global efforts to return communities to work and school. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/liquid-handling-systems-market

Partial Chapter of the Table of Content 

Chapter 4.    Liquid Handling Systems Market

4.1. Global Liquid Handling Systems Market share, 2017 & 2024

4.2. Type

4.2.1.  Market estimates and forecast, by region, 2013 - 2024

4.3. Product

4.3.1.  Market estimates and forecast, by region, 2013 - 2024

4.4. End Use

4.4.1.  Market estimates and forecast, by region, 2013 - 2024

Chapter 5.    Liquid Handling Systems Market, By Type

5.1. Global Liquid Handling Systems Market share, by type, 2017 & 2024

5.2. Manual

5.2.1.  Market estimates and forecast, by region, 2013 - 2024

5.3. Automated

5.3.1.  Market estimates and forecast, by region, 2013 - 2024

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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