Automated Liquid Handling System Market Size, Share, Opportunities, COVID 19 Impact, And Trends By Type (Disposable Tips, Fixed Tips), By Component (Dispensers, Pipettes And Consumables, Workstation, Others), By End-User (Research And Academic Institutes, Pharmaceutical And Biotechnology Companies, Hospitals And Diagnostic Centers), And By Geography - Forecasts From 2019 To 2024

The automated liquid handling system market is projected to grow at a CAGR of 7.26% to reach US$745.652 million by 2024, from US$489.586 million in 2018. Automated liquid handling systems enable improvement in accuracy, reduction in sample decontamination, and shorter processing time. Increasing investment in laboratory automation by end-users along with rising research and development expenditure by healthcare manufacturers are the major factors driving the demand for these systems.

In addition, growing diagnostic tests and stringent government regulations regarding liquid handling at the hospital and diagnostic laboratories will propel the growing demand for these systems. North America and Europe held a sizable market share in 2018 owing to the early adoption of technology and burgeoning healthcare expenditure. The Asia Pacific is projected to grow at a considerable rate over the forecast period.

This research study examines the current market trends related to demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases, and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the automated liquid handling system value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and more efficient understanding of the automated liquid handling system market.

Major industry players profiled as part of the report are Hamilton Company, Thermo Fisher Scientific, Corning Incorporated, Beckman Coulter, Inc., Agilent Technologies, Inc., PerkinElmer, Inc., QIAGEN, and Tecan Trading AG among others.

Automated Liquid Handling System Market Scope:

Segmentation

The Automated liquid handling system market has been analyzed through the following segments:

By Type

Disposable Tips

Fixed Tips

By Component

Dispensers

Pipettes and Consumables

Workstation

Others

By End-User

Research and Academic Institutes

Pharmaceutical and Biotechnology Companies

Hospitals and Diagnostic Centers

By Geography

North America

USA

Canada

Others

South America

Europe

Germany

France

United Kingdom

Others

Middle East and Africa

Asia Pacific

China

Japan

India

Others

Frequently Asked Questions (FAQs)

Q1. What are the growth prospects for the automated liquid handling system market?
A1. The automated liquid handling system market is projected to grow at a CAGR of 7.26% during the forecast period. 

Q2. What is the size of the global automated liquid handling system market?
A2. Automated Liquid Handling System Market was valued at US$489.586 million in 2018. 

Q3. What will be the automated liquid handling system market size by 2024?
A3. The global automated liquid handling system market is projected to reach a total market size of US$745.652 million by 2024. 

Q4. Who are the major players in the global automated liquid handling system market?
A4. Major industry players profiled as part of the automated liquid handling system market report are Hamilton Company, Thermo Fisher Scientific, Corning Incorporated, Beckman Coulter, Inc., Agilent Technologies, Inc., PerkinElmer, Inc., QIAGEN, and Tecan Trading AG among others. 

Q5. What factors are anticipated to drive the automated liquid handling system market growth?
A5. Increasing investment in laboratory automation by end-users along with rising research and development expenditure by healthcare manufacturers are the major factors driving the demand for these systems.