The global pipette tips market size was US$ 1.5 billion in 2021. The global pipette tips market size is estimated to reach US$ 2.1 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.1% during the forecast period from 2022 to 2030.
A pipette is a scientific instrument used to transmit a specific quantity of liquid. An airtight seal is made by attaching a pipette tip to the end of the pipette. It is a device that allows the accurate dispensing of liquid from a pipette. Its tips are made of polypropylene and can be reused and are autoclavable, disposable appendages used with pipettes to absorb and dispense liquids. Micropipettes are employed in many laboratories around the world. It can be used by the researcher or diagnostic lab to dispense liquids onto well plates in preparation for a PCR test. In a microbiology laboratory examining industrial materials, micropipette tips may also be used to dispense test items such as paint and caulk.
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Factors Affecting Marketing Growth
Growth in the production capacity of pipette tips for efficient screening of high volumes during COVID-19 periods drives the growth of the global market.
Food testing is on the rise as people become more aware of clean, marked, and contamination-free products, which is driving the demand for pipette tips. Thus, driving the global market.
Pipette tips market growth is driven by increased molecular biology demand and is predicted to contribute positively to market revenue growth over the pipette tips market forecast period.
The rise in demand for molecular biology and the pipette tips market is predicted to contribute positively to the market revenue growth, thus driving the global market.
Impact on COVID-19 Analysis
COVID-19 had a positive impact on the global pipette tips market. As a result of the pandemic and the lockdown, various governments have closed airports, seaports, and commercial and domestic transit. It had a global impact on manufacturing activities and functions and affected the economies of different countries. However, with the looming COVID-19 pandemic also came an emerging need to search for vaccines and treat viruses, which, in turn, increased the demand for pipette tips and drug development processes requiring sterility and limited dosage which are obtained by it.
Regional Analysis
North America was the highest revenue contributor in 2021, the growth of this segment is attributed to the increase in cancer and genetic disorder cases which increases the need and demand for curable drugs and therapies. Thus, driving the global market in the region.
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Leading Competitors
The prominent players in the global pipette tips market are:
Thermo Fisher Scientific Inc.
Tecan Trading AG
Socorex Isba SA
Sartorius AG
Mettler Toledo
Labcon
INTEGRA Holding AG
Eppendorf
Corning Incorporated
Analytik Jena GmbH
Others
Segmentation Analysis
The global pipette tips market segmentation focuses on Type, Technology, End User, and Region.
Segmentation on the basis of Type
Non-Filtered Pipette Tips
Filtered Pipette Tips
Segmentation on the basis of Technology
Automated
Manual
Segmentation on the basis of End User
Academic and Research Institute
Pharma and Biotech companies
Others
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Segmentation on the basis of Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Pipette Tips market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Pipette Tips market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Pipette Tips market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Pipette Tips business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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