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Automated Liquid Handling Market size was valued at USD 1,281.3 million in 2022, and is expected to grow at a 9.3% CAGR from 2023 to 2029. Automated liquid handling systems are the equipment that are programmed precisely to handle liquids and determine accurate results without any Complications in clinical and research settings.The Automated liquid handling systems play an important role in clinical and research laboratories. Automated liquid handling systems helps to reduce manpower in the laboratories and run more samples with high accuracy and maintain reproducibility. Factors like, increasing adoption of automated liquid handling systems in emerging countries, innovation of new advanced technologies in automated liquid handling systems is expected to drive the growth of automated liquid handling market. In addition, the automated liquid handling system has more safety and efficiency compared to conventional liquid handling systems which is expected to boost the market growth over the forecasted period. Whereas the high cost of automated liquid handling system is expected to hinder the market growth over the forecasted years. Furthermore, increasing production of vaccine and increasing investment of pharmaceutical industries in the production of vaccine owing to the spread of infectious disease is expected to trigger the growth of automated liquid handling market over the forecasted period. Moreover, the increasing focus on genomics and proteomic research is expected to provide opportunity to the market key players. For instance, Novo Holdings invested USD 40 million in Evosep for providing more customer with solutions robust and high throughput proteomics. Geographically, North America region held the major market share in 2022 and is expected to dominate the global automated liquid handling market in the forecasted years.
Automated Liquid Handling Market Key Developments:
In January 2021, SPT Labtech acquired Apricot Designs to expand their portfolio in automated solutions for drug discovery, biological structures, genomics, cryo-electron microscopy, biobanking.
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Automated liquid handling market is expected to grow over forecasted period due to the increasing demand for automated liquid handling machine and increased adoption of automated liquid handling systems in clinical and research laboratories in emerging countries. The enhanced safety and efficiency of automated liquid handling systems compared to conventional liquid handling systems and advancement of technology in the liquid handling system workstation is expected to boost the growth of automated liquid handling market over the forecasted period. For instance, Thermo Fisher Scientific Inc. unveiled highly automated real time PCR which can examine about 6000 samples in a day. Thus, the raising adoption of laboratory automation is expected to have a significant growth in the automated liquid handling systems market.
Automated Liquid Handling market was valued at USD 1,281.3 million in 2022, and is expected to grow at a 9.3% CAGR from 2023 to 2029
The increasing adoption of automated laboratories, increased efficiency and safety of automated liquid handling system compared to conventional liquid handling systems is the key driver in the growth of automated liquid handling market.
The leading players in the global Automated Liquid Handling market are Agilent technologies Inc., Aurora Biomed Inc., Thermo Fisher Scientific, Corning Inc., Eppendorf AG, Gilson Inc., Danaher Corporation, Mettler-Toledo International Inc., Tecan Group Ltd, Hamilton Company, Perkin Elmer Inc.
North America region is expected to have a larger market share value in the forecasted years.