SEATTLE, July 29, 2021, (MEDGADGET) — Global Pipettes and Accessories Market Analysis
Overview
Pipettes are used to transport a specific volume of liquids in biotechnology, pharmaceutical, and chemical laboratories. Micropipettes are used in molecular biology investigations to create microliter quantities of solutions, whereas serological pipettes are used in microbiology laboratories to create milliliter quantities of medium for cell cultures. Volume exchanges with sterile cultures and solutions utilizing devices such as micropipettes and serological pipettes are one of the numerous common laboratory methods. Electronic pipetting, lightweight pipettes, plunger placements in more user-friendly configurations, and lowering frictional forces are all pipette designs that help to reduce strain.
In 2017, the global pipettes and accessories market was worth US$ 1.3 billion, and it is projected to grow at a CAGR of 4.0 percent from 2018 to 2026.
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Drivers
The global pipettes and accessories market is projected to increase due to the rising frequency of chronic diarrhea.
The global pipettes and accessories market expansion is being fueled by increased research and development in the fields of pharmaceuticals and biotechnology as a result of the rising frequency of infectious illnesses and cancer. The pharmaceutical and biotechnology industries accounted for 17.7% of global company R&D investment in 2012, as per the European Union Industrial R&D Investment Scoreboard.
Pharmaceutical businesses are increasingly focused on research and development, as well as transferring these tasks to universities and private research organizations. As a result, demand for liquid handling equipment such as pipettes is expanding. To stay competitive in the burgeoning pharmaceutical and biotechnology sector, pharmaceutical corporations are increasingly outsourcing their research to wholly-owned Contract Research Organizations (CROs). Ritter Pharmaceuticals, Inc., a maker of new medicinal pharmaceuticals, said in May 2018 that it has reached a deal with Medpace, a contract research organization, to undertake the first of two pivotal Phase 3 clinical studies for RP-G28 in lactose intolerance patients.
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Restraints
Pipettes are widely employed for a variety of purposes, exposing them to a wide range of chemicals and specimens. They can raise quality issues about precision and accuracy, as well as safety concerns, especially when working with toxic chemicals or specimens with a high risk of infection. The expensive cost of electronic pipettes may be a deterrent to market expansion. Around US$ 1000 gets you the Xplorer + electronic single-channel pipette with charging adapter. Due to its high cost, this product may be out of reach for certain laboratories. Manual pipettes are less costly, but they cause more variability, especially in extremely sensitive or expensive applications.
Regional Analysis
Pipettes and accessories are in great demand in North America since it is the largest market for biotechnology and pharmaceutical research and manufacture. The U.S. is the largest center for medication production, as per research issued by the International Trade Administration in 2016, and it is predicted to increase significantly in the future.
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During the forecast period, the Asia Pacific pipettes and accessories market is projected to increase significantly. Due to simple patient recruitment and the availability of trained people to perform research tests, the biopharmaceutical sector in the region is growing clinical trials. This in turn leads to a rising number of research facilities being built up in the region, hence boosting demand for pipettes and accessories. In March 2017, Herbalife Company along with Syngene built a new research and development center in Bangalore, India.
According to a June 2018 study by the IBEF (India Brand Equity Foundation), the government of India has accelerated the clearance process for new facilities in order to encourage pharma makers to invest under the ‘Pharma Vision 2020.’ Such activities are projected to encourage foreign investors to construct new production facilities, resulting in increased demand for the global pipettes and accessories market over the forecast period.
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Competitive Landscape
Major companies contributing in the global pipettes and accessories market are Sartorius AG, Capp ApS, Lab Depot Inc., Gilson, Inc., Mettler-Toledo International, Inc., Eppendorf AG, Kimble-chase, Thermo Fisher Scientific, Socorex ISBA SA, Nichiryo Co., Ltd., Hamilton Company, Integra Biosciences AG, Greiner Bio-One International GmbH, Denville Scientific, Inc., Corning Inc., and BRAND GmbH + CO KG.
Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Market Trends
- Key Developments
- Technological Advancements
- Regulatory Landscape
- PORTER’S Five Forces
- Market Dynamics
- Global Pipettes and Accessories Market, By Product Type, 2016 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 – 2026
- Segment Trends
- Manual Pipettes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Single-channel
- Multi-channel
- Electronic Pipettes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Single-channel
- Multi-channel
- Accessories
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Introduction
- Global Pipettes and Accessories Market, By End User, 2016 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 – 2026
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Academic and Research Institutes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Pharmaceutical and Biotechnology Companies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Introduction
- Global Pipettes and Accessories Market, By Region, 2016 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, By Region, 2016 – 2026
- Regional Trends
- North America
- Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
- The U.S.
- Canada
- Europe
- Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
- The U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
- China
- Japan
- India
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Africa
- Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
- North Africa
- Central Africa
- South Africa
- Middle East
- Market Size and Forecast, By Product Type, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
- Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
- GCC Countries
- Israel
- Rest of the Middle East
- Introduction
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- Analyst Views
- Section
- References
- Research Methodology
- About Us and Sales Contact
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