Global Liquid Handling Technology Market – Industry Trends, Analysis with Liquid Handling - Forecast

Global Liquid Handling Technology Market By Product (Automated Workstations, Small Devices, Consumables), Type (Automated Liquid Handling, Manual Liquid Handling, Semi-Automated Liquid Handling), Application (Drug Discovery & ADME-Tox Research, Cancer & Genomic Research, Bioprocessing/Biotechnology, Others), Technology (Valve Dispensing Technology, Syringe Solenoid Technology, Inkjet-Technology, Glass Capillary Technology, Automated Liquid Handling Technology), End User (Academic & Research Institutes, Medical/Forensics Laboratories, Pharmaceutical & Biotechnology Companies.

Market Analysis: Global Liquid Handling Technology Market

Global liquid handling technology market is expected to rise from to an estimated value of USD 6.15 billion by 2026 registering a substantial CAGR of 9.35% in the forecast period of 2019-2026. This rise in the use of robotics including automated liquid handling, increased investments by pharmaceutical companies and rising demand for superior medical diagnostics.

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Market Restraints

• High costs of liquid handling technologies hampers the growth of this market

• High complexity and difficulty in operating the new liquid handling systems restrains the growth of the market
• Lack of reliability on the operations of this technology hinders the growth of this market

Market Segmentation:

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 Technology

• Valve Dispensing Technology
• Syringe Solenoid Technology
• Inkjet-Technology
• Glass Capillary Technology
• Automated Liquid Handling Technology

Market Definition: Global Liquid Handling Technology Market

Liquid handling technology is a technology that is used in laboratories in order to blend, mix, sample and combine liquids. High level of automation is adopted to ensure precision and quick liquid handling, and thus there in an introduction of robotics in liquid handling to include automated liquid handling technologies. They have an extensive application in genomics, drug discovery, cancer research, and other life sciences and are extensively used in medical laboratories and in the clinical diagnostics market.

Competitive Analysis: Global Liquid Handling Technology Market

Global liquid handling technology market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Liquid handling technology market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Key Market Competitors: Global Liquid Handling Technology Market

Few of the major market competitors currently working in the Liquid handling technology market are Agilent Technologies, Inc., Aurora Biomed Inc., Danaher., BioTek Instruments, Inc., Bio-Rad Laboratories, Inc., Analytik Jena AG, Corning Incorporated, Formulatrix., Hamilton Company., Hudson Robotics, LABCYTE INC., Lonza., PerkinElmer Inc, QIAGEN, Thermo Fisher Scientific Inc., Tecan Trading AG, Sartorius AG, METTLER TOLEDO., Gilson Incorporated. Eppendorf AG, AutoGen, Inc., OPENTRONS, Teledyne CETAC Technologies, Andrew Alliance., Analytik Jena AG, Beckman Coulter Life Sciences., Promega Corporation among others

Market Drivers

• The adoption of robotics in the pharma industry, and the inclusion of automated liquid handling technology accelerates the demand for this market
• Innovations and technological advancements improve performance and reduce errors
• Rise in the number of investments by pharma companies in drug development drives the demand for this market
• Increase in the number of research and development activities in the field of genetics, epigenetics and single cell analysis would lead to developments ad improvements in this market

Key Market Competitors: Global Liquid Handling Technology Market

Few of the major market competitors currently working in the Liquid handling technology market are Agilent Technologies, Inc., Aurora Biomed Inc., Danaher., BioTek Instruments, Inc., Bio-Rad Laboratories, Inc., Analytik Jena AG, Corning Incorporated, Formulatrix., Hamilton Company., Hudson Robotics, LABCYTE INC., Lonza., PerkinElmer Inc, QIAGEN, Thermo Fisher Scientific Inc., Tecan Trading AG, Sartorius AG, METTLER TOLEDO., Gilson Incorporated. Eppendorf AG, AutoGen, Inc., OPENTRONS, Teledyne CETAC Technologies, Andrew Alliance., Analytik Jena AG, Beckman Coulter Life Sciences., Promega Corporation among others.

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Data collection and base year analysis is done using data collection modules with large sample sizes.