The global automated liquid handling technology market size is anticipated to around USD 3.2 billion by 2026, this market is anticipated to grow with 10.1% CAGR during the forecast time period. The market is driven by speedy acceptance of liquid handling robots to substitute conventionally reserved ‘wet lab’ bench work areas is expected to drive automated liquid handling technology market growth across the global.
Introduction of new automated liquid handling workstations for non-contact dispensing is anticipated to boost the automated liquid handling technology market. In coming years, contact dispensing has gained extensive acceptance owing to its simplicity, reliability, and low cost. Though, liquid handling demands are observed to be altering with decline in sample volume. Surface adhesion is the furthermost prominent parameters, which affects liquid handling performance at micro- to nanoliter sample volume.
Automated liquid handling technology has transformed wet lab research processing by enabling important rearrangement of research and development facilities of pharma & biotech businesses. Speedy acceptance of liquid handling robots to substitute usually reserved ‘wet lab’ bench work areas is projected to driver automated liquid handling technology market growth.
Effective & precise handling of liquid samples aids pharmaceutical and biotechnology businesses in maintaining overall efficiency. This creates these businesses & research laboratories rely importantly on automated platforms. Use of customizable and pre-programmed processes decreases demand for administration as it allows researchers to finance more time on data analysis.
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Asia Pacific is anticipated to record the highest CAGR during the forthcoming due to conducive development parameters for biopharmaceutical and pharma businesses in the region. Growing funds in medicine, life science, and pharmaceutical industry are also driving to the development of the regional market.
North America captures the largest market share in 2018 due to well-established distribution network of main market participants and higher use of progressive automation solutions. Need for small volume genomic and proteomics analysis for life science research and development is additional inspiring the development of the regional automated liquid handling technology market. Participants in the region are integrating with large academic universities & research centers in Europe to surge their income.
Market companies are concentrating on implementing new strategies for instance regional expansion, partnerships, mergers and acquisitions, new product launches, and distribution agreements to surge their revenue share. The major players associated with the Tecan Trading AG, Analytik Jena AG, Beckman Coulter, Inc., Hamilton Company, Gilson, Inc., Aurora Biomed Inc., Labcyte Inc., Labnet International, Inc., Eppendorf AG, Agilent Technologies, and BioTek Instruments, Inc.
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