|Fastest Growing Market:||Asia-Pacific|
|Largest Market:||North America|
Need a report that reflects how COVID-19 has impacted this market and its growth?
The Automated Liquid Handling System Market is expected to grow at the registered CAGR of 6.8% during the forecast period, 2022-2027.
The pandemic has impacted every aspect of the diagnostics, pharmaceutical, and medical industry, including the Automated Liquid Handling System market. The rising pressure to increase the R&D and testing volume led to the high adoption of automated liquid handling systems as these systems help in handling large volumes of PCR tests with accurate clinical outcomes. Market players made various attempts to provide the automated workflows to biopharmaceutical firms. For instance, in 2021, Thermo Fisher leveraged Tecan’s liquid handling solutions for laboratory automation to enable scaled-up COVID-19 testing globally. Similarly, in March 2020, Hamilton Company announced multiple automation-related initiatives to aid healthcare workers and researchers. Two new automated assay ready workstations, based on the Company’s Microlab STARlet liquid handling workstation, facilitate rapid, high-throughput diagnostic and research-based testing of SARS-CoV-2, the coronavirus that causes the novel COVID-19.
Flexibility and adaptability of lab automation systems and technological advancements in automated liquid handling systems are some of the factors driving this market's expansion. According to the study titled "Lab Automation in Clinical Diagnostics" published in the AZO Network in February 2022, has calculated that between 10 and 20 % of United States diagnoses are incorrect, which could result in 40,000–80,000 deaths annually due to diagnostic mistakes. By lowering the need for trained staff, automation systems can also lower the long-term costs of running various laboratory processes. Therefore, to reduce error and maximise the advantages of automation in clinical laboratories, automation has been widely used to increase accuracy and reduce costs.
Furthermore, increasing clinical trials coupled with rising number of research studies in biopharmaceutical industry will stimulate the automated liquid handling systems market progression in coming future. For instance, as per ClinicalTrials.gov currently 421,258 clinical studies are going on with locations in all 50 States and in 221 countries as of July 2022. Thus, rising number of clinical trials to develop novel treatments afor chronic diseases highlights the potential requirement for automated liquid handling systems used in clinical research
Major participants are adopting strategic formulations such as forward integration, new product development, geographical expansion and research collaborations in order to garner maximum revenue share and promote company growth. For instance, in April 2022, Global clinical diagnostics company Novacyt introduced a new automated liquid handling system to meet growing demand for no manual pipetting in COVID-19 PCR testing. The CO-Prep Automated Liquid Handling System is for use with the PROmate COVID-19 assay workflows, designed to support busy laboratories and private healthcare providers to perform efficient COVID-19 testing. Additionally, in April 2020, Thermo Fischer Scientific and Hamilton Co. launched the ID NIMBUS Presto workstation by integrating Hamilton's liquid handling expertise and Thermo Fisher Scientific's nucleic acid purification strategy. This strategic collaboration helped the company to gain competitive edge and bolster its industrial position.
Thus, all aforementioned factors expected to boost the market growth over the forecast period. However, slower adoption rates in small- and medium-sized organizations restraint the market growth.
Scope of the Report
Automated or robotic liquid handling systems are a class of devices that perform various liquid handling tasks in laboratories, including pipetting, sample preparation, and microplate washing. Automated Liquid Handling System Market segmented By Type( Automated Liquid Handling System, Semi-automated Liquid Handling System), Product ( Liquid Handling Workstation, Pipettors, Microplate Reagent Dispensers, Microplate Washers, Consumables, Other Products), End User (Contract Research Organization, Pharmaceutical and Biotechnology, Academic and Research Institutes), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD million) for the above segments.
|Automated Liquid Handling System|
|Semi-automated Liquid Handling System|
|Liquid Handling Workstation|
|Microplate Reagent Dispensers|
|By End User|
|Contract Research Organizations|
|Pharmaceutical and Biotechnology|
|Academic and Research Institutes|
Key Market Trends
Liquid Handling Workstation are Expected to Witness Healthy Growth Over the Forecast Period
Automated workstations caters to wise range of applications, along with the freedom to personalize the workstations based on specific requirements. Automated workstations are designed to do much of the sampling, mixing, and combining of liquid samples automatically on their own. Automated workstations have become increasingly used among laboratories to improve performance and productivity. Clinical advantages offered by automated liquid handling workstations is expected to drive the preference for these systems. Advantages commonly attributed to automation include higher production rates and increased productivity, more efficient use of materials, better product quality, improved safety, shorter workweeks for labour, and reduced factory lead times.
Additionally, according to the study titled "Unlocking the efficiency of genomics laboratories with robotic liquid-handling" published in the BMC Genomics in October 2020, genome sequencing reveals that 15% of the total cost relates to laboratory personnel reduced in a conventional clinical laboratory due to liquid handling workstation. Genomic laboratories are now considering liquid-handling automation to make the sequencing workflow more efficient and cost-effective. Market-available liquid-handling workstations offer various levels of flexibility and modularity. As a result, it is anticipated that the advantages of the liquid handling workstation will stimulate segment growth during the forecast period.
Development and commercialization of automated workstations by several players in the automated liquid handling systems market is further projected to fuel the usage of these instruments. Market leaders, such as Thermo Fisher Scientific Inc. in August 2020 unveiled a highly automated real-time PCR solution that can examine up to 6000 samples in a day. Therefore, this increase in the adoption of laboratory automation or Covid-19 testing & research is likely to result in significant growth for the global market in the years to come.
In February 2022, SPT Labtech, a global leader in laboratory automation for the life sciences industry, has launched of apricot DC1, a versatile, 4-in-1 automated liquid handling workstation, at the SLAS 2022 International Conference and Exhibition in Boston. Thus, all aforementioned factors boost the segment growth over the forecast period.
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North America Dominates the Market and Expected to do the same in the Forecast Period
North America dominated the automated liquid handling systems market on account of the high number of ongoing R&D projects, the presence of major biopharmaceutical firms in the region, and accessibility to technologically advanced products. A growing number of drug discovery projects are set to soar the demand for automated fluid handling systems as these systems form an indispensable part of the drug discovery process, especially in the screening of millions of compounds. For instance, as per Pharmaceutical Research and Manufacturers of America (PhRMA), since 2000, PhRMA member companies invested more than USD 1 trillion in the search for new treatments and cures, including USD 91.1 billion in 2020 alone. Also, as per data published by ClinicalTrials.gov, as of July 2022, around 133,473 Registered Studies are going on at multiple clinical trial sites across the United States.
Additionally, in February 2020, Frontage opened a new bioanalytical laboratory in Pennsylvania, United States through its wholly-owned subsidiary, Frontage Laboratories, Inc. The new facility includes an additional 10,000 square feet of laboratory space, which will enhance the company’s bioanalytical capabilities in biomarkers, biologics, and small-molecule drug development, cell and gene therapy, and high-throughput clinical sample management. Thus, the rising research activities is linked with growing demand for automated fluid handling systems as these instruments are crucial in dispensing liquid samples in accurate quantities.
The growing prevalence of chronic diseases in the country is anticipated to boost the market growth as it necessitate the need to better treatment option to treat to hosts. According to the Global Cancer Observatory (Globocan) 2020, the United States has the second largest number of prevalent cancer cases in the world. The total prevalent cases of all ages accounted for 2.28 in 2020 and by 20140 is expected to increase to 3.12 million. Therefore, increasing cancer prevalence increased the need of automated liquid handling systems.
Product development by major market participants support market expansion over the forecast period. For instances, in July 2022, Analytik Jena is expanded its range of interchangeable pipetting heads for the fully automated liquid handling platform CyBio FeliX. Thus, all aforementioned factors anticipated drive the market growth over the forecast period.
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The Automated Liquid Handling systemMarket is moderately fragmented owing to the presence of a few large players, and newly added startups, along with partnership innovation, are increasing the new rivalry in the market. Major players in the market include Thermo Fisher Scientific, Perkin Elmer Inc., Agilent technology., Corning Inc., etc. Key Developments include product innovation, partnerships, and acquisition, to increase their market share
- In June 2022, Beckman Coulter Life Sciences, and a company of Danaher Corporationunleashes the power of next-generation sequencing and makes it more accessible for research labs of all sizes with the launched of the Biomek NGeniuS liquid handling system
- In February 2022, Festo launched a modular gantry robot platform for an automated liquid handling system used in laboratories this new solution enables equipment designers to quickly realize their distinctive solutions.
Table of Contents
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Flexibility and Adaptability of Lab Automation Systems
4.2.2 Technological Advancements in Automated Liquid Handling Systems
4.3 Market Restraints
4.3.1 Slower Adoption Rates in Small- and Medium-sized Organizations
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value USD million)
5.1 By Type
5.1.1 Automated Liquid Handling System
5.1.2 Semi-automated Liquid Handling System
5.2 By Product
5.2.1 Liquid Handling Workstation
5.2.3 Microplate Reagent Dispensers
5.2.4 Microplate Washers
5.2.6 Other Products
5.3 By End User
5.3.1 Contract Research Organizations
5.3.2 Pharmaceutical and Biotechnology
5.3.3 Academic and Research Institutes
5.4.1 North America
126.96.36.199 United States
188.8.131.52 United Kingdom
184.108.40.206 Rest of Europe
220.127.116.11 South Korea
18.104.22.168 Rest of Asia-Pacific
5.4.4 Middle East and Africa
22.214.171.124 South Africa
126.96.36.199 Rest of Middle East and Africa
5.4.5 South America
188.8.131.52 Rest of South America
6. COMPETITIVE LANDSCAPE
*List Not Exhaustive
6.1 Company Profiles
6.1.1 Thermo Fisher Scientific
6.1.2 Perkin Elmer Inc.
6.1.3 Danaher Corporation (Beckman Coulter Inc.)
6.1.4 Formulatrix Inc.
6.1.5 Mettler-Toledo International Inc.
6.1.6 Agilent Technologies
6.1.7 Hamilton Company
6.1.8 Becton Dickinson and Company
6.1.9 Synchron Lab Automation
6.1.10 Tecan Group Ltd
6.1.11 Aurora Biomed Inc.
6.1.12 Eppendorf AG
6.1.13 Analytik Jena AG (Endress+Hauser Group Services AG)
6.1.14 Hudson Robotics Inc.
6.1.15 Corning Incorporated
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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Frequently Asked Questions
What is the study period of this market?
The Global Automated Liquid Handling System Market market is studied from 2019 - 2027.
What is the growth rate of Global Automated Liquid Handling System Market?
The Global Automated Liquid Handling System Market is growing at a CAGR of 6.8% over the next 5 years.
Which region has highest growth rate in Global Automated Liquid Handling System Market?
Asia-Pacific is growing at the highest CAGR over 2021- 2026.
Which region has largest share in Global Automated Liquid Handling System Market?
North America holds highest share in 2021.
Who are the key players in Global Automated Liquid Handling System Market?
Thermo Fisher Scientific, Hamilton Company, Perkin Elmer Inc., Tecan Group Ltd, Agilent Technologies are the major companies operating in Global Automated Liquid Handling System Market.