Liquid Handling Systems Market to exceed $ 4490 Mn by 2024

September 24, 2019

According the new research report available at under the title ‘Global Liquid Handling Systems Market Growth 2019-2024’, the worldwide liquid handling systems market is predicted to amass US $4490 million by the year 2024.

Liquid handling systems are used to dispense a predefined amount of samples, reagents and other liquids to a specific container. Main factors fueling the growth of liquid handling systems market are inclusion of automation in research centers & medical organizations and assay miniaturization in drug discovery, cites the report.

Advancements in the next generation sequencing, growing requirement for accuracy in laboratory analysis, and increasing research & development investment in biotechnology are also contributing substantially towards the liquid handling systems industry growth.

According to the report, the global liquid handling systems market was worth US $3260 million in 2019 and is anticipated to grow with a CAGR of 6.7% by the year 2024. The report also studies the device market comprehensively to understand the challenges, trends, drivers, market share, and opportunities impacting the market growth.

Speaking of the product type, the market is segmented as consumables, manual pipettes systems, automated pipetting systems, and electronic pipettes systems, wherein the consumable segment held 49% share in 2017. While considering the application segment, the market is fragmented as pharmaceutical & biotechnological companies, and academic & research institutes.

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Based on the regional landscape, liquid handling systems market is divided into four major regions. The U.S, Mexico, Canada, and Brazil fall under Americas; Europe consists of Spain, Germany, Italy, France, UK, and Russia; Japan, India, China, Korea, Australia, and Southeast Asia comprise Asia Pacific; and Middle East & Africa consists of Israel, South Africa, Turkey, Egypt, and GCC countries.

The major vendors/manufacturers operating in liquid handling systems market include Thermo Fisher Scientific, Analytik Jena, Eppendorf, Labcyte, Mettler-Toledo, Ttp Labtech Ltd, Tecan, BioTek Instruments, Sartorius, Hamilton Company, PerkinElmer, Brand GmbH + Co Kg, Corning, Integra Holding, Danaher, Agilent, and Gilson.

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