The global liquid handling systems market is anticipated to reach a value of US$ 2,302.3 million in 2017 and grow at a CAGR of 6.6% during the projected duration of 2018 to 2026.
Liquid handling systems come in a wide range, from basic volumetric pipettes to sophisticated robotic-assisted workstations that incorporate cloud-based software. These systems are purpose-built to precisely transfer specified volumes of liquids for a variety of life science experiments. Liquid handling systems find extensive applications in a broad spectrum of activities, such as biological sample preparation and handling, serial dilution, cell-based assays, chemical and medicine manufacturing, genomic extraction, microarray spotting, next-generation gene sequencing, protein crystallization, and other related areas. Additionally, these systems encompass essential instruments that encompass a diverse array of uses in clinical diagnosis and drug discovery in the pharmaceutical and biotechnology sectors. The liquid handling systems diminish the probability of sample contamination, boost precision, and reduce the duration of experiments. Furthermore, the mounting number of experimental procedures involving high-throughput screening, in which liquid handling systems play a critical role in transferring analytes, is projected to be a primary driver of market expansion.
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The liquid handling systems market is predicted to experience substantial growth due to various factors, including the growing investments in research and technology as well as the increasing adoption of automation in life science laboratories. Rather than relying on human-driven lab processes, robotic and other automated devices are increasingly being used to perform the same tasks with higher precision, improved sensitivity and reproducibility, and a lower risk of errors.
In addition, several startup firms are striving to incorporate biology-specific software and programming language-based management into automated laboratory procedures. An example of this would be the creation of a cloud-based laboratory service by Transcriptic, a start-up located in California, back in 2012. This service comprised of more than 20 devices, such as pipetting systems and plate readers, which were integrated to conduct extensive experiments using programming commands. In addition, there is a steady rise in the research and development efforts of pharmaceutical companies, with an increasing trend of outsourcing such activities to academic and private research institutes. As a result, there have been a growing number of newly established laboratories, driving the demand for liquid handling systems and fueling market expansion. As an example, the Syngene Amgen Research and Development Center (SARC) was established by Biocon’s contract research division, Syngene International, in Bengaluru in September 2016. The center serves as a multi-disciplinary development hub and drug discovery research laboratory for Amgen. Moreover, the high cost of advanced liquid handling workstations is a significant barrier to the growth of the market, particularly in emerging economies and small-scale laboratories, where they are unaffordable in medical settings.
The potential growth of automation-assisted laboratory workstations creates an opportunity for both new and established market players to capitalize on by developing cost-effective liquid handling workstations for micro-volumes of samples. This could be a highly favorable scenario for such players. As an example, at the Annual Society for Laboratory Automation and Screening Conference in January 2013, LabCyte, Inc. unveiled the Echo liquid handler product family, which can execute liquid transfers within the microliter range.
The liquid handling systems market in North America has a significant global presence due to the introduction of advanced automatic and robotic-assisted workstations for liquid handling. An example of this is the NIMBUS PCR Workstation by Hamilton Robotics, launched in January 2014. This workstation is both affordable and compact, allowing for speedy and adaptable assay setup for various types of PCR, including real-time, endpoint, or multiplex PCR. Additionally, the ORION liquid handling workstation was launched in October 2014 by NanoScreen LLC, a renowned company in the life sciences sector that specializes in automated liquid handling products. This high-precision pipetting robot is designed to cater to the diverse liquid handling requirements of modern laboratories and offers flexibility with multiple formats. Furthermore, the Asia-Pacific market for liquid handling systems is predicted to experience notable expansion during the forecast period. This is due to biopharmaceutical companies conducting clinical trials in Asian nations, where patient recruitment is easy and skilled professionals are available to conduct research experiments. As a result, an increasing number of research laboratories are being established in Asian countries, driving market growth. A prime example of this occurred in March 2017, when the Herbalife Company formed a partnership with Syngene to create a new R&D lab in Bangalore, India.
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To maintain their position in the global liquid handling systems market, market participants are introducing new and creative products.
Major participants in the industry are emphasizing the extension of their global reach by introducing novel liquid handling systems, tools, and instruments. For example, Qiagen teamed up with the International Commission of Missing Persons (ICMP) in October 2017 to launch an automated DNA testing workflow that utilizes Qiagen’s consumables and instruments for DNA extraction, liquid handling, and other applications. Additionally, in January 2016, PerkinElmer, Inc. unveiled its Janus, Operetta, and Chemagic liquid handling workflow stations aimed at enhancing the speed and efficiency of research processes in the life sciences. Prominent players, including Merck KGaA, PerkinElmer, Inc., Sartorious AG, Thermo Fisher Scientific, Inc., Qiagen N.V., Agilent Technologies, Danaher Corporation, and Eppendorf AG, are operating in the global liquid handling systems market.
Detailed Segmentation:
- By Product Type:
- Pipettes
- Reagent Dispensers
- Liquid Handling Workstations
- Burettes
- Microplate Washers
- Consumables
- By End User:
- Academic and Research Institutes
- Biotechnology and Pharmaceutical Industries
- Hospitals and Diagnostic Centers
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