Global Automated Liquid Handling System Market Size, Share, and COVID-19 Impact Analysis, By Type (automated, manual, electronic), By Application (drug discover, high throughput screening, ADME screening, compound weighing and dissolution, and others), By End User (biotechnology & pharmaceutical companies, contract research organizations, and academic & government research institutes), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2021 – 2030
Industry: HealthcareGlobal Automated Liquid Handling System Market Insights Forecasts to 2030
- The Automated Liquid Handling System Market was valued at USD 2.6 Billion in 2021.
- The Market is growing at a CAGR of 15.5% from 2022 to 2030
- The Worldwide Automated Liquid Handling System Market is expected to reach USD 11.2 Billion by 2030
- Asia Pacific is expected to grow the fastest during the forecast period
Get more details on this report -
The Global Automated Liquid Handling System Market is expected to reach USD 11.2 Billion by 2030, at a CAGR of 11.2% during the forecast period 2022 to 2030.
Automated Liquid Handling System (ALH) systems are devices that are carefully configured to manage liquids and provide exact, repeatable outcomes in clinical and research settings without any complication. In clinical and research labs, effective and precise liquid handling techniques are crucial. ELISA, time-resolved fluorescence, nucleic acid preparation, PCR setup, next-generation sequencing for genomic research, TLC spotting, SPE, and liquid-liquid extraction are just a few of the procedures that can benefit from Automated Liquid Handling System systems. Automated Liquid Handling System equipment has a number of benefits, including the ability to simplify sample preparation while keeping high precision, allowing labs to run more samples while maintaining repeatability, and reducing the need for manual labour.
Impact of COVID 19 On Global Automated Liquid Handling System Systems
COVID 19 pandemic was first detected in late December 2019 which is caused by a virus named severe acute respiratory syndrome coronavirus 2 (SARS CoV-2) that is transmitted among humans. COVID 19 pandemic has impacted the market in a positive way due to the increase in the customization of Automated Liquid Handling System systems by various Automated Liquid Handling System suppliers especially for work based on coronavirus. For instance, in April 2020, Zymo Research Corporation and Hamilton Company announced their collaboration and the release of the MagEx STARlet assay-ready workstation with the Quick-DNA/RNA Viral MagBead Kit methodology to extract pure DNA/RNA from the new coronavirus, SARS-CoV-2. When compared to manual sample processing using time-consuming, traditional technologies like spin columns, the jointly designed automated approach offers a number of advantages.
Global Automated Liquid Handling System Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2021 |
Market Size in 2021: | USD 2.6 Billion |
Forecast Period: | 2021-2030 |
Forecast Period CAGR 2021-2030 : | 15.5% |
2030 Value Projection: | USD 11.2 Billion |
Historical Data for: | 2017-2020 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 100 |
Segments covered: | By Type, By Application, By End User, By Region |
Companies covered:: | Agilent Technologies, Aurora Biomed, Inc., AUTOGEN, INC., Danaher, BioTek Instruments, Inc., Analytik Jena AG, Corning Incorporated, Eppendorf AG, Formulatrix, Inc., Gilson, Inc., Hamilton Company, Hudson Robotics, LABCYTE INC., Lonza |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
Get more details on this report -
Key Market Drivers
The rising investments in drug discovery, increasing investment in research and development activities, the rising demand of high output screening, and the increasing use of automation are propelling the overall growth of the market. Apart from this, the increasing research an development initiatives for drug discovery as well as biotechnology research is also fuelling the overall growth of the market.
The development of vaccines and investment made by the pharmaceutical companies are driving the global Automated Liquid Handling System Systems market. Many key market players have started launching new drugs in order to fight against diseases which has resulted into market expansion.
Market Segmentation
Type Insights
Electronic liquid handling systems is dominating the market with the largest market share over the forecast period
Based on type, the global Automated Liquid Handling System systems market is segmented into automated, manual, and electronic. Among these, electronic liquid handling systems segment is dominating the market with the largest market share over the forecast period owing to their excellent precision as well as reproducibility. The rising outsourcing of biotech and pharma workflows has inspired CROs and CMOs to work on their efficiency in order to meet regulatory standards.
Application Insights
Drug Discovery Segment accounted the largest market share over the forecast period
On the basis of application, the global Automated Liquid Handling System systems market is segmented into drug discover, high throughput screening, ADME screening, compound weighing and dissolution, and others. Among these, the drug discovery segment accounted the largest market share over the forecast period. The growth is attributed to the possibility to use various types of liquid handlers, incubators, or stackers which would impact the market in a positive way.
End Use Insights
Biotechnology and pharmaceutical companies segment is dominating the market over the forecast period
On the basis of end use, the global Automated Liquid Handling System systems market is segmented into biotechnology & pharmaceutical companies, contract research organizations, and academic & government research institutes. Among these, the biotechnology and pharmaceutical companies segment is dominating the market over the forecast period. The growth is attributed to the increasing use of ALH systems to continue screening in the pharmaceutical and biotechnology industry.
Regional Insights
North America is dominating the market with the largest market share over the forecast period
Get more details on this report -
North America is dominating the Automated Liquid Handling System market over the forecast period due to the leading industry participants' established distribution networks and the quick uptake of advanced automation technologies. Growth in this area is further fueled by the demand for small volume genomic and proteomic analyses for life science research.
Asia Pacific is witnessing the fastest market growth over the forecast period due to the expansion of the R&D industry, the awareness of ALH systems, and the infrastructure of research and clinical settings.
Recent Market Developments
- In January 2021, SPT Labtech has acquired Apricot Technology. After the acquisition SPT has introduced wide range of products as a part of its collection
List of Key Companies
- Agilent Technologies
- Aurora Biomed, Inc.
- AUTOGEN, INC.
- Danaher
- BioTek Instruments, Inc.
- Analytik Jena AG
- Corning Incorporated
- Eppendorf AG
- Formulatrix, Inc.
- Gilson, Inc.
- Hamilton Company
- Hudson Robotics
- LABCYTE INC.
- Lonza
- PerkinElmer, Inc.
- QIAGEN
- Thermo Fisher Scientific, Inc.
- Tecan Trading AG
- METTLER TOLEDO
Market Segment
This study forecasts revenue at global, regional, and country levels from 2019 to 2030. Spherical Insights has segmented the global Automated Liquid Handling System Market based on the below-mentioned segments:
Automated Liquid Handling System Market, Type Analysis
- Automated
- Manual
- Electronic
Automated Liquid Handling System Market, Application Analysis
- Drug discovery
- High throughput screening
- ADME screening
- Compound weighing and dissolution
- Others
Automated Liquid Handling System Market, End User
- Biotechnology & pharmaceutical companies
- Contract research organizations
- Aacademic & government research institutes
Automated Liquid Handling System Market, Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
Frequently Asked Questions (FAQ)
-
1. What is the market size of Automated Liquid Handling System Market?The global Automated Liquid Handling System Market is expected to grow from USD 2.6 Billion in 2021 to USD 11.2 Billion by 2030, at a CAGR of 15.5% during the forecast period 2022-2030.
-
2. Who are the key market players of Automated Liquid Handling System Market?Some of the key market players of Automated Liquid Handling System Market are Agilent Technologies, Aurora Biomed, Inc.; AUTOGEN, INC.; Danaher; BioTek Instruments, Inc.; Analytik Jena AG; Corning Incorporated; Eppendorf AG; Formulatrix, Inc.; Gilson, Inc.; Hamilton Company; Hudson Robotics; LABCYTE INC.; Lonza; PerkinElmer, Inc.; QIAGEN; Thermo Fisher Scientific, Inc.; Tecan Trading AG; METTLER TOLEDO
-
3. Which segment hold the largest market share?Electronic hold the largest market share is going to continue its dominance.
-
4. Which region is dominating the Automated Liquid Handling System Market?North America is dominating the Automated Liquid Handling System Market with the highest market share.
Need help to buy this report?