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The advancing of high throughput data is accelerating the shift towards automated liquid handling systems market. Also, various drug discovery applications are opening up new vistas for liquid handling companies across the globe. The global Liquid Handling System Market is $2.9 billion in 2017 and is estimated to grow at CAGR 2.4% during 2018-2023. North America hold the largest market share with 41% and is growing at a CAGR of 4.4%. Growth wise by instruments automated pipetting systems have the highest share with $817M in 2017 and is estimated to grow at a CAGR of 2.0% during 2017-2023.
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America dominates with major share in theLiquid Handling Systems Market Americas were the leading region to generate highest global market in 2017, with net sale of $1194 million. The American market is projected to continue its dominance in liquid handling system market to grow at a rate of 4.4% CAGR, and to reach $1356.25 million by 2023. The market investments will be higher in life sciences projects and in pharmaceuticals manufacturing, in both domestic and global level. In liquid handling system market, Europe is the second leading region to reach $864.4 million in 2017 at CAGR of 1.82%, to reach revenue of $960.52 million by 2023. The European market is making a shift from basic healthcare products to advanced health management systems. Products such as hereditary engineered drugs, DNA cloning and others are some of the healthcare products in advanced Medtech. The major markets for Asia-Pacific consist of Japan, China, India, Australia and Southeast Asian countries. Among all, China is the leading APAC market player to contribute to nearly 35% of the overall market. Contact : sales@industryarc.com
Selected Type and Application Analysis done in the full Report: The market for liquid handling systems will achieve highest revenue by contributing in automating pipetting systems. The market is predicted to grow at a CAGR of 2.0%, and increase from $817 million in 2014 to $919.30 million in 2023. Findings say growth wise, electronic pipettes will have highest share among all other instruments with 6.4% CAGR, and the profits is estimated to increase from $156 million in 2017 to reach $223 million by 2023. Ongoing advancement in automation laboratories is showing software’s market in high demand. Contact : sales@industryarc.com
Selected Driving Factors Mentioned in the Full Report: Contact : sales@industryarc.com
Key Players of the Liquid Handling Systems Market Thermo Fisher scientific Inc. Beckman Coulter Inc. Corning Inc. Mettler-Toledo International Inc. Perkin Elmer Inc. Download Sample Report Contact : sales@industryarc.com
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About IndustryARC IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. Contact : sales@industryarc.com
