The most recent study conducted by Report Ocean, titled “Global Automated Liquid Handling Technologies Market Size, Share, Pricing, Trends, Growth, Report and Forecast 2023-2030,” presents a comprehensive analysis of the worldwide market. This research delves into the factors driving the market, emerging trends, opportunities for development, as well as potential limitations that may affect the Automated Liquid Handling Technologies. The report provides an estimation of the global market size and examines recent strategic actions taken by prominent international competitors.
Global Automated Liquid Handling Technologies Market to reach USD 2.48 billion by 2027.Global Automated Liquid Handling Technologies Market is valued approximately at USD 1.32 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 9.4% over the forecast period 2021-2027. Automated liquid handling technologies are precisely programmed to transfer liquid in a clinical and research laboratory, for testing purposes. The global Automated Liquid Handling Technologies market is being driven by the growing number of medical laboratories as they widely use automated liquid handling technologies for testing and sampling. For instance, according to Statista, revenue of medical laboratories in the U.S. is projected to increase from USD 34.65 billion in 2018 to USD 37.8 billion by 2024.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
Also, according to Statista, number of clinical diagnostic laboratory tests in Russia has increased from 276.6 million in 2018 to 373.7 million in 2021. Another important driving factor for the market is the technological advancement in the medical tests to enable faster processing. For instance, in October 2021, Australian Therapeutic Goods Administration approved SpeeDx PlexPCR SARS-CoV-2 test that detects current circulating variants of SARS-CoV-2.
It provides automated software reporting, and liquid handling robotics in the form of the SpeeDx PlexPrep. Also, in September 2021, Hamilton and Rhinostics reinvented rapid swab-based sample workflows from collection to processing to detect novel coronavirus, SARS-CoV-2, and other pathogens. Furthermore, the growing trend of automation, adoption of contactless operations to prevent contamination and developing healthcare infrastructure will provide new opportunities for the global Automated Liquid Handling Technologies industry. However, evaporation control in Automated Liquid handling systems may impede market growth over the forecast period of 2021-2027.
The regional analysis for the global automated liquid handling technologies market is analyzed on the basis of the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to higher usage of advanced automation solutions and increasing life science research. Whereas Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2021-2027 due to expanding base of biotech companies, and developing pharmaceutical & biotechnological industries in the region.
Major market player included in this report are:
Analytik Jena AG
Hamilton Company
Aurora Biomed Inc.
Labcyte Inc.
Eppendorf AG
BioTek Instruments, Inc.
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Agilent Technologies
Labnet International, Inc.
Gilson, Inc.
Beckman Coulter, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Species offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Workstations
Reagents
Consumables
By Application:
Drug Discovery & ADME-Tox Research
Cancer & Genomic Research
Bioprocessing/Biotechnology
Others
By End-User:
Academic & Research Institutes
Pharmaceutical & Biotechnology Companies
Contract Research Organizations
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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