Liquid Handling Technology Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 4.90 Billion |
| Market Size (2029) | USD 6.51 Billion |
| CAGR (2024 - 2029) | 5.84 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Liquid Handling Technology Market Analysis
The Liquid Handling System Market size is estimated at USD 4.90 billion in 2024, and is expected to reach USD 6.51 billion by 2029, growing at a CAGR of 5.84% during the forecast period (2024-2029).
The major factors for the growth of the liquid handling system market include the rising investment in research and drug development, increasing demand for high-throughput screening, and technological advancements in automated liquid handling systems.
The automated liquid handling systems and high-throughput screening applications are now widely used in drug discovery and most of the major market players are moving towards the automated liquid handling systems. The rising investment in the research and drug discovery is expected to increase the demand for liquid handling systems. Furthermore, in recent years, the interest in high-throughput screening technologies in the United States has increased drastically in academic research. In the United States, a comprehensive database of academic screening centers, hosted by the Society for Biomolecular Sciences, is available. It does not only provide HTS resources to the academic community but also helps in the identification of probes and leads for drug discovery. Thus, owing to all above-mentioned factors, the market is expected to witness high growth over the forecast period.
Liquid Handling Technology Market Trends
This section covers the major market trends shaping the Liquid Handling System Market according to our research experts:
Contract Research Organisation in the End User Segment are Expected to Witness Healthy Growth in Future
The contract research organizations are expected to witness healthy growth owing to the rising funding for R&D and increasing outsourcing by pharmaceutical companies for research activities. The contract research organizations are adopting this technology to enhance their lab capabilities. As per the estimations of the Association of Clinical Research Organizations, more than 50% of the CROs perform outsourced clinical study work for the pharmaceutical industry. The primary benefit of liquid handling systems is that it helps to remove both person-to-person and day-to-day variability. The increase in contract research activities will increase the demand for liquid handling systems over the forecast period.
United States is Expected to Dominate the Studied Market
The major factors driving the growth of the market in the United States are increasing research activities and the rising adoption of automation in the research facilities. Furthermore, market players are focusing on the launch of new liquid handling systems. For instance, recently in 2018, one of the market player Labcyte Inc., announced the launch the Echo 650 and 655 Liquid Handlers. The United States provides high funding for research and development activities which is expected to boost the overall growth of the market. Also, most of the research facilities are adopting automation in the lab procedures leading to the healthy demand for liquid handling systems.
Liquid Handling Technology Industry Overview
The market studied is moderately competitive with a presence of various market players. Some of the market players are Agilent Technologies, Hamilton Company, Bio-Rad Laboratories, , Corning Incorporated, Promega Corporation, Eppendorf AG, PerkinElmer, Inc., LABCYTE INC., and Thermo Fisher Scientific, Inc.
Liquid Handling Technology Market Leaders
Agilent Technologies
Bio-Rad Laboratories
Corning Incorporated
Labcyte Inc.
Perkin Elmer Inc.
*Disclaimer: Major Players sorted in no particular order
Liquid Handling Technology Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Rising Investment in Drug Development and Research
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4.2.2 Increasing Demand for High-Throughput Screening
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4.2.3 Technological Advancements in Automated Liquid Handling Systems
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4.3 Market Restraints
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4.3.1 Lack of Skilled Labor in Developing Countries
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4.3.2 High Cost and Complexity
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Manual Liquid Handling
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5.1.2 Automated Liquid Handling
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5.1.3 Semi-Automated Liquid Handling
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5.2 By Product
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5.2.1 Automated Workstations
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5.2.2 Pipettes
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5.2.3 Dispensers
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5.2.4 Burettes
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5.2.5 Others
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5.3 By Application
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5.3.1 Drug Discovery
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5.3.2 Cancer and Genomics Research
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5.3.3 Clinical Diagnostics
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5.3.4 Other Applications
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5.4 By End User
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5.4.1 Pharmaceutical and Biotechnology Industry
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5.4.2 Contract Research Organization
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5.4.3 Academic Institutes
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5.4.4 Others
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5.5 Geography
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5.5.1 North America
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5.5.1.1 United States
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5.5.1.2 Canada
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5.5.1.3 Mexico
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5.5.2 Europe
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5.5.2.1 Germany
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5.5.2.2 United Kingdom
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5.5.2.3 France
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5.5.2.4 Italy
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5.5.2.5 Spain
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5.5.2.6 Rest of Europe
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5.5.3 Asia-Pacific
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5.5.3.1 China
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5.5.3.2 Japan
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5.5.3.3 India
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5.5.3.4 Australia
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5.5.3.5 South Korea
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5.5.3.6 Rest of Asia-Pacific
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5.5.4 Middle-East and Africa
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5.5.4.1 GCC
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5.5.4.2 South Africa
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5.5.4.3 Rest of Middle-East and Africa
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5.5.5 South America
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5.5.5.1 Brazil
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5.5.5.2 Argentina
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5.5.5.3 Rest of South America
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 Agilent Technologies
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6.1.2 Bio-Rad Laboratories
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6.1.3 Corning Incorporated
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6.1.4 Eppendorf AG
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6.1.5 Hamilton Company
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6.1.6 Labcyte Inc.
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6.1.7 PerkinElmer, Inc.
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6.1.8 Promega Corporation
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6.1.9 Thermo Fisher Scientific, Inc.
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Liquid Handling Technology Industry Segmentation
As per the scope of this report, liquid handling systems are used to dispense a selected quantity of reagent, samples or other liquid to a designated container. The market is segmented by type, product, end-user, and geography.
| By Type | |
| Manual Liquid Handling | |
| Automated Liquid Handling | |
| Semi-Automated Liquid Handling |
| By Product | |
| Automated Workstations | |
| Pipettes | |
| Dispensers | |
| Burettes | |
| Others |
| By Application | |
| Drug Discovery | |
| Cancer and Genomics Research | |
| Clinical Diagnostics | |
| Other Applications |
| By End User | |
| Pharmaceutical and Biotechnology Industry | |
| Contract Research Organization | |
| Academic Institutes | |
| Others |
| Geography | ||||||||
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Liquid Handling Technology Market Research FAQs
How big is the Liquid Handling System Market?
The Liquid Handling System Market size is expected to reach USD 4.90 billion in 2024 and grow at a CAGR of 5.84% to reach USD 6.51 billion by 2029.
What is the current Liquid Handling System Market size?
In 2024, the Liquid Handling System Market size is expected to reach USD 4.90 billion.
Who are the key players in Liquid Handling System Market?
Agilent Technologies, Bio-Rad Laboratories, Corning Incorporated, Labcyte Inc. and Perkin Elmer Inc. are the major companies operating in the Liquid Handling System Market.
Which is the fastest growing region in Liquid Handling System Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Liquid Handling System Market?
In 2024, the North America accounts for the largest market share in Liquid Handling System Market.
What years does this Liquid Handling System Market cover, and what was the market size in 2023?
In 2023, the Liquid Handling System Market size was estimated at USD 4.63 billion. The report covers the Liquid Handling System Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Liquid Handling System Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Liquid Handling System Industry Report
Statistics for the 2024 Liquid Handling System market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Liquid Handling System analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
