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Liquid Handling Systems Market Analysis | CMI

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Title: Liquid Handling Systems Market Analysis | CMI


1
  • Coherent Market Insights
  • Market Research and Business Consulting Services
  • https//www.coherentmarketinsights.com/
  • COVID-19 Impact Tracker

2
LIQUID HANDLING SYSTEMS MARKET ANALYSIS
  • Liquid Handling Systems Market, by Product Type
    (Pipettes, Reagent Dispensers, Liquid Handling
    Workstations, Burettes, Microplate Washers, and
    Consumables), by End User (Academic and Research
    Institutes, Biotechnology and Pharmaceutical
    Industries, and Hospitals and Diagnostic
    Centers), and by Region - Size, Share, Trends,
    and Forecast to 2026
  • The global liquid handling systems market was
    valued at US 2,302.3 million in 2017 and is
    expected to witness a CAGR of 6.6 over the
    forecast period (2018 2026).

3
Figure 1. Global Liquid Handling Systems Market
Value (US Mn), by Region, 2017
4
Market Drivers
  • Factors such as increasing investments in
    research and technology as well as rising
    adoption of automation in life science
    laboratories are expected to significantly
    contribute to the growth of the Liquid Handling
    Systems Market. Human-driven lab processes are
    being replaced by robotic and other automated
    devices for performing the same tasks with
    greater accuracy, enhanced reproducibility and
    sensitivity, and reduced error risks.
  • Moreover, various startup companies are working
    towards integrating biology-specific software and
    programing language-based handling in automated
    lab tasks. For instance, in 2012, Transcriptic, a
    California-based start-up developed a cloud-based
    lab service that was made up of over 20 devices,
    including pipetting systems and plate readers
    that are combined to perform large-scale
    experiments with the help of a programing
    command.
  • Furthermore, pharmaceutical companies are
    consistently increasing research and development
    as well as outsourcing research activities to
    academic and private research institutes, which
    is leading to the increasing number of new
    laboratory set-ups. This, in turn increases the
    demand for liquid handling systems and fosters
    the market growth. For instance, in September
    2016, Biocons contract research arm, Syngene
    International, established a multi-disciplinary
    development center and drug discovery research
    laboratory for Amgen in Bengaluru, named the
    Syngene Amgen Research and Development Center
    (SARC).

5
Market Restraints
  • However, advanced liquid handling workstations
    for medical settings are unaffordable by emerging
    economies and small-scale laboratories due to its
    high cost, which in turn is a major factor
    hampering the market growth.

6
Market Opportunities
  • Development of cost-effective liquid handling
    workstations for micro-volumes of samples could
    provide highly opportunistic scenario for new as
    well as established market players to capitalize
    upon, considering the potential growth of
    automation assisted laboratory assisted
    workstations.
  • For instance, in January 2013, LabCyte, Inc.
    introduced Echo liquid handler product family,
    which is capable of performing liquid transfers
    in the microliter range at the Annual Society for
    Laboratory Automation and Screening Conference.

7
Segment Information
  • North America liquid handling systems market
    holds a dominant position in the global market.
    This is attributed to the rapid development and
    launch of novel tissue automatic and robotic
    assisted liquid handling workstations. For
    instance, in January 2014, Hamilton Robotics
    introduced NIMBUS PCR Workstation, which is a
    compact and affordable pipetting workstation that
    enables fast and flexible assay setup for
    endpoint, real-time, qPCR or multiplex PCR.
    Moreover, in October 2014, NanoScreen LLC, a
    global industry leader in automated liquid
    handling products for the life sciences,
    introduced ORION liquid handling workstation that
    is a flexible, multi-format, high precision
    pipetting robot designed to meet the liquid
    handling needs of todays laboratories
  • Moreover, Asia Pacific liquid handling systems
    market is expected to witness significant growth
    over the forecast period, as the
    biopharmaceutical giants conducting clinical
    trial research in Asian countries due to easy
    patient recruitment and highly skilled
    professionals to conduct research experiments are
    resulting in rising number of research
    laboratories being set up in the Asian countries
    leading to the market growth. For instance, in
    March 2017, Herbalife Company partnered with
    Syngene to establish a new RD lab at Bangalore,
    India.

8
Key Development
  • Market players are engaging in innovative product
    launches to sustain their position in the global
    liquid handling systems market
  • Key players in the market are focused on
    expansion of their presence through launch of new
    liquid handling systems, tools, and instruments
    worldwide. For instance, in October 2017, Qiagen
    launched a next-generation DNA testing automated
    workflow in collaboration with International
    Commission of Missing Persons (ICMP) for DNA
    identification through Qiagens instruments and
    consumables for DNA extraction, liquid handling,
    and others. Moreover, in January 2016,
    PerkinElmer, Inc. introduced Janus, Operetta, and
    Chemagic line of liquid handling workflow
    stations that focused on improving speed and
    effectiveness of life science research processes.

9
Key Players
  • Key players operating in the global liquid
    handling systems market include Qiagen N.V.,
    Danaher Corporation, PerkinElmer, Inc., Thermo
    Fisher Scientific, Inc., Eppendorf AG, Sartorious
    AG, Merck KGaA, and Agilent Technologies.

10
  • Request Sample Report
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  • Talk to Analyst
  • Reference https//www.coherentmarketinsights.com
    /market-insight/liquid-handling-systems-market-176
    4

11
About Us
  • Coherent Market Insights is a global market
    intelligence and consulting organization focused
    on assisting our plethora of clients achieve
    transformational growth by helping them make
    critical business decisions.
  • What we provide
  • Customized Market Research Services
  • Industry Analysis Services
  • Business Consulting Services
  • Market Intelligence Services
  • Long term Engagement Model
  • Country Specific Analysis

12
Contact Us
  • Mr. Shah
  • Coherent Market Insights Pvt.Ltd.
  • Address 1001 4th Ave, 3200 Seattle, WA 98154,
    U.S.
  • Phone 1-206-701-6702
  • Email sales_at_coherentmarketinsights.com

13
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