The Liquid Handling Systems Market is experiencing tremendous growth owing to the increasing innovations in the technologies and demand for highly precise data.
JERSEY CITY, N.J., Nov. 1, 2021 /PRNewswire/ -- Verified Market Research recently published a report, "Liquid Handling Systems Market" By Type (Electronic, Automated and Manual), By Product (Pipettes, Electronic, Manual and Semi-automated), By Application (HTS, Genomics, Drug Discovery and ADME Screening) and By Geography. According to Verified Market Research, the Global Liquid Handling Systems Market size was valued at USD 3.13 Billion in 2020 and is projected to reach USD 5.01 Billion by 2028, growing at a CAGR of 5.9% from 2021 to 2028.
The Liquid Handling Systems Market is experiencing tremendous growth owing to the increasing innovations in the technologies and demand for highly precise data. In addition, the growing activities in the research and development for novel drug innovation and biotechnology research are another factor accelerating the growth of the market. Increasing investment by the companies of novel drug and vaccine development has pushed the demand for the liquid handling systems market.
Ongoing drug pipeline by the potential manufacturers to combat the disease incidence further demand extensive research activities, fuelling the demand for the liquid handling systems market. Furthermore, technological advancement and rising demand for high-throughput screening are positively impacting the market growth. The rising pressure to accelerate R&D and testing volume led to the adoption of automated liquid handling systems as these systems aid in handling large volumes of PCR tests with accurate clinical outcomes. However, the slow economic growth and limitation in the pricing may lead to restrain the growth of the market.
The major players in the market are Tecan Group Ltd., Sartorius AG, Thermo Fisher Scientific Inc., Gardner Denver Medical, Eppendorf AG, Mettler-Toledo International Inc., Hamilton Company, PerkinElmer, Inc., and Corning Incorporated.
Verified Market Research has segmented the Global Liquid Handling Systems Market On the basis of Type, Product, Application, and Geography.
Liquid Handling Systems Market, By Type
Liquid Handling Systems Market, By Product
Liquid Handling Systems Market, By Application
Compound Weighing and Dissolution
Liquid Handling Systems Market by Geography
Rest of Europe
Rest of Asia Pacific
Middle East & Africa
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