Increase in Incidence of Hospital Acquired Infections (Hais) to Drive the Market.
The automated liquid handling systems find applications in research laboratories, biopharmaceutical, pharmaceutical and drug discovery research. The ability to offer automation, high precision and robustness makes them irreplaceable. The demand for automated liquid handling systems which offer high precision at affordable cost is driving the innovation in market.
One of the basic constraints facing the industry is lack of awareness in developing countries. The demand for automated liquid handling systems market is dependent upon the research initiatives in fields such as biotechnology, genomics and drug discovery. The time required for the research to fructify and converting it into product requires significant amount of time. The innate need for faster revenue generation leads to import of pharmaceutical products rather than focusing on innovation. The financial incentive to conduct extensive research is also acting as a barrier. This has impacted the growth of liquid handling systems market. The firms need to invest in research & development for development of innovative products.
The market for automated liquid handling systems is growing significantly at the back of technological innovations. The advent of robotic liquid handling systems has added a new dimension to the market. The next step is miniaturization of devices that are able to dispense small volumes efficiently. This brings along the need to train laboratory personnel as the systems grow to serve specific needs. The automated liquid handling systems have the ability to provide value to different healthcare end users ranging from laboratories to pharmaceutical companies.
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