Market Size of Liquid Handling System Industry
| 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.
