The global liquid handling systems market was valued at US$ 2,302.3 million in 2017 and is expected to witness a CAGR of 6.6% over the forecast period (2018 – 2026).
Liquid handling systems include products ranging from simple pipette to a full scale multifunctioning workstation that is capable of transferring specific volumes of liquid from one place to another in a laboratory environment. These systems help to perform programmed transfer of liquids between preselected groups of containers. The automated liquid handling workstations helps to reduce processing time, decrease sample contamination, and increase accuracy of the bioassays. These systems helps researchers to get rid of the long, laborious, and repetitive tasks, as the robotic arms in the liquid handling systems perform accurate distribution and measurements of the liquids, thereby streamlining the workflow.
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The rising adoption of automation in the laboratory environments as well as increasing investments by drug manufacturers as well as academic and research institutes are expected to increase the demand for liquid handling systems. For instance, in October 2016, Sun Pharma, an India-based pharmaceutical company, announced plans to increase its research development by investing in a new R&D unit at Madhya Pradesh, India. Moreover, technological advancements implemented by players in streamlining the workflow of laboratories by incorporating robotic arms in the liquid handling systems are further expected to propel growth of the global liquid handling systems market. For instance, in 2012, Hudson Robotics, Inc. introduced SOLO Automated ELISA Workstation, which was a simple, low-cost yet efficient ELISA preparation workstation that supports serial dilutions to study concentration-dependent effects.
Factors such as increasing investments in research and technology as well as rising adoption of automation in life science laboratories are expected to significantly contribute to the growth of the liquid handling systems market. Human-driven lab processes are being replaced by robotic and other automated devices for performing the same tasks with greater accuracy, enhanced reproducibility and sensitivity, and reduced error risks. Moreover, various startup companies are working towards integrating biology-specific software and programing language-based handling in automated lab tasks.
Furthermore, pharmaceutical companies are consistently increasing research and development as well as outsourcing research activities to academic and private research institutes, which is leading to the increasing number of new laboratory set-ups. This, in turn increases the demand for liquid handling systems and fosters the market growth.
Key players operating in the global liquid handling systems market include Qiagen N.V., Danaher Corporation, PerkinElmer, Inc., Thermo Fisher Scientific, Inc., Eppendorf AG, Sartorious AG, Merck KGaA, and Agilent Technologies.
North America liquid handling systems market holds a dominant position in the global market. This is attributed to the rapid development and launch of novel tissue automatic and robotic assisted liquid handling workstations. For instance, in January 2014, Hamilton Robotics introduced NIMBUS PCR Workstation, which is a compact and affordable pipetting workstation that enables fast and flexible assay setup for endpoint, real-time, qPCR or multiplex PCR.
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Moreover, in October 2014, NanoScreen LLC, a global industry leader in automated liquid handling products for the life sciences, introduced ORION liquid handling workstation that is a flexible, multi-format, high precision pipetting robot designed to meet the liquid handling needs of today’s laboratories Moreover, Asia Pacific liquid handling systems market is expected to witness significant growth over the forecast period, as the biopharmaceutical giants conducting clinical trial research in Asian countries due to easy patient recruitment and highly skilled professionals to conduct research experiments are resulting in rising number of research laboratories being set up in the Asian countries leading to the market growth. For instance, in March 2017, Herbalife Company partnered with Syngene to establish a new R&D lab at Bangalore, India.