Liquid Handling Technology: Global Market Size, Share & Trend Analysis by Product, Type, Application and End User - Forecast to 2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 24, 2018--The “Liquid Handling Technology Market Size, Share & Trend Analysis Report By Product, By Type (Automated), By Application (Drug Discovery), By End User (CRO), and Segment Forecasts, 2018 - 2025” report has been added to ResearchAndMarkets.com’s offering.The global liquid handling technology market is expected to reach USD 5.54 billion by 2025. Major pharmaceutical and biopharmaceutical companies are rapidly integrating robotic solutions including automated liquid handling workstations to enhance their workflows, which in turn, is expected to drive the market growth in the coming years. The investment by pharmaceutical companies in global drug development continues to increase. Clinical trials for the robust drug pipelines of these companies is projected to further increase the investments in R&D. These pharma players are competing to sustain the growing competition in the pharmaceutical industry. As a result, companies are more focused on eliminating errors, reducing processing steps, and fulfilling standard regulatory conditions to accelerate their workflows. As advanced liquid handling platforms provide all these benefits, demand for automated liquid handling workstations is expected to increase significantly during the forecast period. Technology advancements in liquid handling solutions has led to the development of liquid handling systems that perform serial dilution, plate replication, PCR set-up, plate reformatting, and high-throughput screening more efficiently. Emerging fields such as genetics, epigenetics, and single cell analysis are identified with high potential applications in drug discovery, cancer research, and molecular diagnostics. Rising research activities in aforementioned domains are expected to foster advancements in this market.
Key FindingsConsumables accounted for the largest revenue share in 2017 owing to the high volume sales and higher market penetrationHowever, the entry of third-party manufacturers which provide plastic consumables such as disposable tips, compatible with automated systems at a lower cost is expected to hinder the growth of this segment to a certain extent in the coming yearsAutomated workstations are expected to grow at fastest pace owing to the continuous increase in complicated research projects that require sophisticated instrumentsGrowing trend of outsourcing pharmaceutical services to save time and resources is expected to boost the adoption of these solution in CROs
Companies FeaturedAgilent TechnologiesAurora Biomed, Inc.Autogen, Inc.DanaherBioTek Instruments, Inc.Bio-Rad LaboratoriesAnalytik Jena AGCorning IncorporatedEppendorf AGFormulatrix, Inc.Gilson, Inc.Hamilton CompanyHudson RoboticsLabcyte Inc.LonzaPerkinelmer, Inc.QiagenThermo Fisher Scientific, Inc.Tecan Trading AGSartoriusMettler Toledo
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Related Topics:Material Handling Equipment
INDUSTRY KEYWORD: HEALTH PHARMACEUTICAL MANUFACTURING PACKAGING
SOURCE: Research and Markets
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PUB: 09/24/2018 10:34 AM/DISC: 09/24/2018 10:34 AM