Liquid Handling System Industry to Observe Fastest Growth In APAC
Liquid Handling System Industry
In 2022, the liquid handling system market was USD 4,692 million, and it is expected to reach a value of USD 6,521 million growing at a rate of 4.20%, by 2030 as told in a report by P&S Intelligence.
This growth is credited to the developing life science industry, increasing investment to develop efficient and innovative therapeutic agents by various companies, and the growing incidence of chronic diseases.
Furthermore, the demand for these products has increased considerably due to the outbreak of the COVID-19. These systems were used in all sorts of laboratory work during the testing of samples for the virus.
India and China, are offering opportunities to various life science companies and drug manufacturers. For example, Pfizer Inc. set up a research and development center at the Indian Institute of Technology Madras, to enhance pharmaceutical research in India.
Significant demand is expected for automated systems in the near future. These variants offer accurate dispensing and decrease the requirement for manpower.
North America accounted for the largest share in 2022, at approximately 36%. This is credited to the increasing merger & acquisition between biotechnology companies. Furthermore, to develop effective therapies various companies are investing in the consumer healthcare business.
APAC will grow the fastest, at a rate of over 5.1%, in the years to come, owing to the rising investments in biotechnology.
China held the largest share in 2022, and it will advance significantly in the coming years. This is mainly credited to the number of research and development activities taking place in the life sciences industry.
Due to the developing life science industries, growing investment to develop effective and innovative therapeutic agents by companies, and rising incidence of chronic diseases, the demand for liquid handling system will grow considerably in the coming years.
Market Segmentation by Type
Electronic Liquid Handling System
Automated Liquid Handling System
Manual Liquid Handling System
Market Segmentation by Product
Pipettes
Consumables
Microplate Reagents Dispensers
Liquid Handling Workstations
Burettes
Microplates Washers
Software
Other Products
Market Segmentation by Application
Drug Discovery
Genomics
Clinical Diagnostics
Proteomics
Others
Market Segmentation by End Users
Biotechnology & Pharmaceutical Companies
Research Institutes
Hospitals & Diagnostics Laboratories
Academic Institutes
Others
Market Segmentation by Region
North America Liquid Handling System Market
By type
By product
By application
By end user
By country – U.S. and Canada
Europe 3D Liquid Handling System Market
By type
By product
By application
By end user
By country – Germany, U.K., France, Italy, Spain, and Rest of Europe
Asia-Pacific (APAC) Liquid Handling System Market
By type
By product
By application
By end user
By country – Japan, China, India, South Korea, Australia, and Rest of APAC
Latin America (LATAM) Liquid Handling System Market
By type
By product
By application
By end user
By country – Brazil, Mexico and Rest of LATAM
Middle East and Africa (MEA) Liquid Handling System Market
By type
By product
By application
By end user
By country – Saudi Arabia, South Africa, U.A.E., and Rest of MEA
About P&S Intelligence
P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.
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