What is Global Pharmaceutical Liquid Handling Systems Market?
The Global Pharmaceutical Liquid Handling Systems Market is a vast and dynamic sector that plays a crucial role in the pharmaceutical industry. This market revolves around systems that are designed to dispense precise volumes of liquids in a laboratory setting, which is a critical aspect of many pharmaceutical processes. These systems can range from simple manual pipettes to complex automated liquid handling robots. The market's value was pegged at US$ 3611.4 million in 2022, and it is projected to grow to US$ 5529.6 million by 2029, expanding at a compound annual growth rate (CAGR) of 6.2% from 2023 to 2029.
Automated Pipetting Systems, Manual Pipettes Systems, Electronic Pipettes Systems, Consumables in the Global Pharmaceutical Liquid Handling Systems Market:
The Global Pharmaceutical Liquid Handling Systems Market is segmented into Automated Pipetting Systems, Manual Pipettes Systems, Electronic Pipettes Systems, and Consumables. Automated Pipetting Systems are advanced devices that can perform high-throughput pipetting, significantly reducing the time and effort required for this task. Manual Pipettes Systems are simpler and more affordable, but they require more manual labor and are less precise. Electronic Pipettes Systems are a middle ground between the two, offering more precision than manual systems but at a higher cost. Consumables, which accounted for about 41.46% of the market in 2019, include items like pipette tips and tubes that are used once and then discarded. However, the proportion of Consumables has been on a decreasing trend from 2015 to 2019.
Academic & Research Institutes, Pharmaceutical Companies, Clinic Diagnostics in the Global Pharmaceutical Liquid Handling Systems Market:
The Global Pharmaceutical Liquid Handling Systems Market finds its applications in various areas such as Academic & Research Institutes, Pharmaceutical Companies, and Clinic Diagnostics. Academic & Research Institutes, which made up 36.56% of the market in 2019, use these systems for a variety of research purposes, including drug discovery and genomics. Pharmaceutical Companies use them in the production of drugs, where precise liquid handling is crucial for maintaining product quality and consistency. Clinic Diagnostics, on the other hand, use these systems for testing patient samples and diagnosing diseases.
Global Pharmaceutical Liquid Handling Systems Market Outlook:
The Global Pharmaceutical Liquid Handling Systems Market is geographically diverse, with North America being the largest sales place, accounting for nearly 45.19% of the market in 2019. This can be attributed to the region's strong pharmaceutical industry and the high level of investment in research and development. However, it's important to note that the market is global, and other regions also play a significant role.
| Report Metric | Details |
| Report Name | Pharmaceutical Liquid Handling Systems Market |
| Accounted market size in 2022 | US$ 3611.4 in million |
| Forecasted market size in 2029 | US$ 5529.6 million |
| CAGR | 6.2% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Thermo Fisher Scientific, Eppendorf, Mettler-Toledo, Sartorius, Hamilton Company, Tecan, Corning, Danaher, Agilent, PerkinElmer, Gilson, Integra Holding, Brand GmbH, SPT Labtech Ltd, Labcyte, Analytik Jena |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
