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Rising Demand for Automated Liquid Handling in Drug Discovery to Bolster Market Growth
The increasing deployment of automated liquid handling in research activities and drug discoveries to enhance efficiency while enhancing the accuracy of procedures is a crucial trend in automated liquid handling market. Moreover, drug manufacturers are increasingly adopting automated liquid handling systems to enhance productivity owing to rising competition, which is further augmenting the industry growth. As automated liquid handling systems simplify the creation and applications of complex multi-parameter experiments to enhance time efficiency, they are increasingly deployed by researchers. In addition, they automate various tedious and monotonous manual processes to strengthen the focus of researchers on advanced applications, which is providing further impetus to market growth.
The evolution of drug discoveries and the growing demand for personalised medicines is surging the adoption of automated liquid handling to enable the utilisation of high-throughput technologies and boosting automated liquid handling demand. Advancements in automated liquid handling are increasing the cost-effectiveness, operational efficiency, and efficient deployment of reagents, which is further bolstering the market growth. Moreover, the use of automated liquid handling systems eliminates problems like surface bonding, the high viscosity of liquids, surface tension, and foaming to enhance the precision of experiments, which is expected to drive market growth in upcoming years.
Automated Liquid Handling Market Size
Automated Liquid Handling Market Growth
Automated Liquid Handling Market Trends
Automated Liquid Handling Companies
Automated Liquid Handling Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global automated liquid handling market attained a value of nearly USD 1061.29 million.
The market is projected to grow at a CAGR of 8.6% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 2230.11 million by 2032.
The major market drivers include the expansion of laboratories in developing countries and rapid advancements in research activities in life sciences and genomics.
The key trends guiding the market growth are the growing deployment of automated liquid handling in drug discoveries, the increasing demand for automation of manual processes in laboratories, and the increasing cost-effectiveness of automated liquid handling.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of automated liquid handling in the market are standalone, individual benchtop workstations, and multi instrument, among others.
The various segments based on modalities of the product considered in the market report are disposable tips and fixed tips.
The different procedures of automated liquid handling are serial dilution, plate reformatting, plate replication, PCR setup, high throughput screening, cell culture, whole genome amplification, and array printing, among others.
The significant end users of automated liquid handling are biotechnology and pharmaceutical companies, contract research organisations, and academic and government research institutes.
The key automated liquid handling market players include Agilent Technologies, Inc., Hamilton Company, Aurora Biomed Inc., Biotix, Inc., and Gilson, Inc., among others.
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