Liquid Handling Technology Market Surpass $6.7 Billion By 2026 | CAGR 9.4%

Author: Acumen Research and Consulting

Acumen Research and Consulting has published a new report titled "Liquid Handling Technology Market (By Product: Automated Workstations [Standalone Workstations, Integrated Workstations], Small Devices [Pipettes {Electronic Pipettes, Manual Pipettes, Pipette Controllers}, Burettes, Dispensers, Others], Consumables [Regents, Disposable Tips, Tubes & Plates, Others]; By Type: Automated Liquid Handling, Manual Liquid Handling, Semi-Automated Liquid Handling; By Application: Drug Discovery & ADME-Tox Research, Cancer & Genomic Research, Bioprocessing/Biotechnology, Others; By End User: Academic & Research Institutes, Pharmaceutical & Biotechnology Companies, Contract Research Organizations) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026." The global liquid handling technology market size is anticipated to around USD 6.7 billion by 2026, this market is anticipated to grow with 9.4% CAGR during the forecast time period.

The capacity of cutting edge liquid handling platform to lessen the courses of events of test handling has prompted the high selection rate, among medication improvement substances.

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Pharmaceutical organizations are making colossal interests in worldwide medication R&D, especially in the creating nations, for example, China and India. Besides, the quantity of clinical examinations enrolled with Clinical Trials.gov has expanded generously from 101,125 of every 2010 to in excess of 255,240 investigations in 2017. Over half of these examinations are centeredon the improvement of medication and biologics. Such steady increment in research studies and subsidizing has quickened the acceptance of liquid handling solution.

Improvement of advanced liquid handlers clinical research by decreasing the advancement cost and encouraging fast dispatch of medications. Thus, pharmaceutical organizations are outfitted towards the acceptance of advanced liquid handling systems for brisk medication endorsement.

Liquid handling technology manufactures are occupied with the advancement of products to help variable client needs regarding test volume and application. For instance, dispatch of 96 and 384 channel automated and semi-automated liquid dispensing systems combined with a wide scope of consumables and embellishments.

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Market players have structured and created stages dependent on various innovations to enhance the proficiency of fluid dealing with in confounded and delicate procedures. For example, a presentation of Echo Liquid Handler by Labcyte, Inc. for contactless example exchange utilizing acoustics is an exceptional headway in market. This item lessens the danger of sullying which as a rule happens because of disposable tips in conventional systems.

The global liquid handling technology market is segmented into product, type, application, end-user and region.On the basis of product, the global liquid handling technology market is segmented into automated workstations (standalone workstations and integrated workstations), small devices (Pipettes (electronic pipettes, manual pipettes, and pipette controllers), Burettes, Dispensers, and Others), and consumables (regents, disposable tips, tubes & plates, and others).On the basis of type, the global liquid handling technology market is segmented into automated liquid handling, manual liquid handling, and semi-automated liquid handling. On the basis of application, the global liquid handling technology market is segmented into drug discovery & adme-tox research, cancer & genomic research, bioprocessing/biotechnology, and others. On the basis of end-user, the global liquid handling technology market is segmented into academic & research institutes, pharmaceutical & biotechnology companies, and contract research organizations. On the basis of region the global Liquid handling technology market is bifurcated into Europe, Latin America, North America, Middle East & Africa, and Asia Pacific.

North America captures the liquid handling technology market with the biggest income share in 2018 attributable to the quick aceptance of automation instruments in the U.S.- based research offices. The significant organizations in the district are watched working together with entrenched colleges and research focuses in Europe. This coordinated effort is the aftereffect of essence of a generous number of scholastic and research organizations in Europe.

In any case, rising nations are seeing prominent improvements in the pharmaceutical, biotechnology, and scholastic divisions, which thus, is required to drive the development of Asia Pacific market. Moreover, high interest in life science parts including omics examine, propelled social insurance, microbiology, sedate improvement, and clinical diagnostics by nations, for example, Japan and China is foreseen to quicken showcase request in this region.

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. And also, growing R&D investments paired with technical advancements to commercialize highly efficient products are expected to offer huge growth opportunities for industry participants. Some of the main businesses present in the Liquid handling technology market are Agilent Technologies, Tecan Trading AG,Aurora Biomed Inc.,LABCYTE INC.,Beckman Coulter, Inc.,Gilson, Inc,Analytik Jena AG,Hamilton Company,BioTek Instruments, Inc.,Eppendorf AG,Borosil Glass Works Ltd., and Labnet International, Inc. Significant strategic initiatives undertaken by global businesses include partnerships, new product launch, acquisitions.

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