At 10.52% CAGR, Global Automated Liquid Handling Market to Surpass US$ 4147.25 Mn By 2030, Forecast Report By Zion Market Research

Automated Liquid Handling Market

According to the report published by Zion Market Research, the global Automated Liquid Handling Market size was valued at USD 1874.56 Million in 2022 and is predicted to reach USD 4147.25 Million by the end of 2030. The market is expected to grow with a CAGR of 10.52% during the forecast period. The report analyzes the global Automated Liquid Handling Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Automated Liquid Handling Market industry.

Global Automated Liquid Handling Market: Overview

The use of automated liquid handling is crucial in life science labs. Protein crystallization, gene sequencing, drug screening, and antibody testing are just a few of the experiments that need continuous liquid biosample transfers between containers or dispensing on a variety of substrate types. The majority of the samples have nano- or microliter-sized volumes, and there may be a large number of samples that need to be transferred. Handling liquids by hand in these situations can be tiresome, time-consuming, and impractical. Automated liquid handling under these circumstances simplifies the process with remarkable accuracy and precision.

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Global Automated Liquid Handling Market: Growth Factors

The need for sensor-integrated automated liquid handling is expanding, and large pharmaceutical companies are subject to strict rules that require them to maintain high precision. These and other factors are driving the expansion of the global automated liquid handling market. Furthermore, a significant prevalence of rare and chronic disorders exists. According to an NIH report, there are about 7000 different rare diseases, and 25–30 million Americans are thought to be affected by a rare disease. As a result, businesses involved in biotechnology and pharmaceuticals are concentrating on and funding novel drug discovery. Finding the lead candidate is essential to the drug discovery process and calls for high throughput screening.

Furthermore, studies are also conducted at the molecular level, which can be costly and delicate. Because automated liquid handling offers great precision and accuracy, high throughput, and the ability to handle small sample amounts, it lessens the load in these situations. Additionally, the drug development program is being outsourced to clinical research companies by the biotech and pharmaceutical sectors in an effort to reduce costs and time associated with the process. As a result, these businesses and the pharmaceutical industry have a significant increase in demand for automated liquid handling, which is driving the expansion of the worldwide market. In addition, one of the main factors propelling the market's expansion is the increasing usage of automated liquid handling and robotic technologies, which reduce human error.

Global Automated Liquid Handling Market: Segmentation

The market for automated liquid handling is divided into segments based on end-user, region, type, modality, and method. The worldwide automated liquid handling market is segmented into standalone, multi-instrument systems, single benchtop workstations, and others based on type. The market is divided into fixed tip and disposable tip categories based on modality. The global automated liquid handling market is divided into submarkets based on the methods used, including array printing, cell culture, high-throughput screening, plate reformatting, whole genome amplification, PCR setup, and serial dilution. Academic and government research institutes, contract research organizations, and biotechnology and pharmaceutical firms make up the end-user category.

Global Automated Liquid Handling Market: Regional Analysis

Asia Pacific is expected to be the most attractive market over the forecast period. Factors such as the rapidly growing healthcare and pharmaceutical sector in countries such as China and India are augmenting the demand for automated liquid handling systems. North America is anticipated to be the highest revenue contributor in global automated liquid handling over the forecast period.

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