The Shift of Liquid Handling Systems Towards Robotic Types will Boost the Market Revenue to $3.13 Billion by 2020.
Browse 15 Market Tables, 63 Figures spread through 135 Pages and an in-depth TOC on “Liquid Handling Systems Market – Global Forecast to 2020”.
Liquid handling system refers to the framework designed to transfer the small volumes and content of certain sort of liquid substance in the final product especially in life sciences applications. It is the part of multifunction dispensing system that is widely used in serial dilution, biological sample handling, cell based assays, protein crystallization and other functions associated with chemical and medicine manufacturing.
According to a recent report by IndustryARC, the Global Liquid Handling Systems Market is estimated to grow at CAGR of 2.4% and reach $3.13 billion by 2020. The market for software services will be the major contributor. The demand for manual pipettes will foster slow growth due to the high uptake of automated liquid handling systems such as bench-top workstations, stand-alone systems and multi-channel systems.
Robotics is the way forward for liquid handling systems market
The automated liquid handling systems have been in use for quite some time and they have proved to be beneficial in providing precision and accuracy while reducing the labor cost. However, the market is witnessing arrival of new products at a fast pace which have better technical abilities than the existing product. In the midst of such dynamism, the next wave will come from Robotic Liquid Handling Systems. These systems are able to provide accurate amount of liquid which is important in processes such as Next Generation Sequencing and Protein Crystallization. Functions such as changing tubes and microliter plates are also carried out by the system which helps in streamlining the workflow. The advantage with the use of Robotic Liquid Handling System is that it enables researchers to focus on analyzing the data rather than managing the process. These systems help to manage complex workflows and high throughput screening.
Americas was the highest revenue generating region in the global liquid handling market in 2014 with net sales of $1,142.1m. The American liquid handling system market is forecast to grow at a CAGR of 4.4% in the forecast period on the back of higher investments in the life sciences projects and boom in the pharmaceuticals manufacturing both at domestic and global level. In Europe, Germany and U.K. are the leading markets owing to increasing investments in the healthcare and pharmaceutical sectors. European countries are making the transit form basic healthcare products to advanced medtech products such as genetic engineered drugs, DNA cloning and others. In Asia Pacific, China and Japan are the dominant markets whereas the revamping economic conditions in India and South East Indian nations are set to drive the global liquid handling system market to new heights.
The following key players were analyzed in the report:
- Thermo Fisher Scientific Inc
- Beckman Coulter Inc
- Corning Inc
- Mettler-Toledo International Inc
- Perkin Elmer Inc
Thermo Fisher Scientific Inc. (U.S.) is the leading manufacturer of liquid handling systems which are used in various applications such as laboratories, medical research center, biological sample, life sciences, and so on. Biological sample handling is the leading application for the players, precision is the foremost concern among the industry.
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