Market Overview
Automated liquid handling systems bring efficiency in life science laboratory workflows by dispensing a selected quantity of samples or other liquid to a container. They are multipurpose systems primarily designed for sampling & combining liquid samples.
According to MarkNtel Advisors, the Global Automated Liquid Handling Market is projected to grow at a CAGR of around 8.7% during the forecast period i.e. 2022-27. The market is driven primarily by the increasing clinical & pre-clinical studies worldwide, particularly in the US, which has created the urgent need for rapid sample analysis.
Since machines run continuously for clinical studies, it requires a significant workforce to ensure their proper functioning. Moreover, the burgeoning spread of existing diseases, coupled with the discovery of new ones, has spurred the need for early diagnoses & treatment, which would increase the clinical diagnostic application rate and, in turn, fuel the demand for automated liquid handling systems.
Additionally, increasing awareness about the various advantages of these systems, such as reduced processing time & sample contamination, enhanced throughput, faster Turn-Around-Time (TAT), and fewer operational costs & human errors, are other crucial factors driving the market in the coming years.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2017-20 |
| Base Year: 2021 | |
| Forecast Period: 2022-27 | |
| CAGR (2022-2027) | 8.7% |
| Regions Covered | North America: USA, Canada, Mexico |
| Europe: Germany, UK, France, Italy, Spain | |
| Asia-Pacific: China, India, Japan, South Korea, Australia and Others | |
| South America: Brazil, and Argentina | |
| Middle East & Africa: UAE, Saudi Arabia, South Africa | |
| Key Companies Profiled | Eppendorf AG, Tecan Group Ltd., Corning Incorporated, Hamilton Company, Mettler-Toledo International, PerkinElmer, Agilent Technologies, Thermo Fisher Scientific, Danaher Corporation, Aurora Biomed, Siemens Healthcare, Synchron Lab, Hudson Robotics, Shimadzu, Roche Holding AG |
| Unit Denominations | USD Million/Billion |
Covid-19 Positively Impacted the Global Automated Liquid Handling Market
In 2020, the Covid-19 pandemic catastrophically affected most industries globally. However, the Global Automated Liquid Handling Market underwent a positive effect. The demand for automated liquid handling systems observed a significant rise in the previous year, principally due to the growing need for tracking, tracing, and testing across diagnostics labs. With the rapidly increasing number of incoming samples entwined with the urgency to test several of them in a day, numerous laboratories worldwide have significantly mounted the need for testing capabilities.
Observing this surge, market leaders, including Thermo Fisher Scientific Inc., introduced a highly automated, real-time PCR solution in August 2020 that can analyze up to 6000 samples in a day. Hence, this rise in the enactment of laboratory automation or Covid-19 testing & research is likely to lead the global market to witness significant growth in the coming years.
