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Automated Liquid Handling Systems Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Germany, China, UK, Japan - Size and Forecast 2024-2028

Automated Liquid Handling Systems Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Germany, China, UK, Japan - Size and Forecast 2024-2028

Published: Jul 2024 150 Pages SKU: IRTNTR73282

Market Overview at a Glance

$721 Mn
Market Opportunity
11.64%
CAGR
10.11
YoY growth 2023-2024(%)

Automated Liquid Handling Systems Market Size 2024-2028 

The automated liquid handling systems market size is forecast to increase by USD 721 billion at a CAGR of 11.64% between 2023 and 2028. The market is experiencing significant growth, driven by increasing investments in drug discovery and research initiatives. The integration of advanced software programs enabling better data analysis and improved accuracy further bolsters market expansion. However, the market faces challenges, particularly in the adoption by small-scale and medium-scale laboratories due to high initial investment costs and the need for extensive infrastructure upgrades. Despite these hurdles, the market is expected to continue its upward trajectory, fueled by the benefits of increased efficiency and automation, reduced errors, and enhanced productivity in anatomic pathology laboratories.

Automated Liquid Handling Systems Market Size

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The market is witnessing significant growth due to the increasing demand from the life science industry. These systems, which include Automated Pipetting Systems and Automated Microplate Washers, utilize advanced technologies such as pipetting technology and washing technology to automate assay processes in laboratories. Manual handling techniques are being replaced by these systems due to their ability to increase assay throughput, reduce contamination risk, and handle sample volumes with high precision. In bioprocess applications, these systems are used extensively in clinical research laboratories, universities, and pharmaceutical companies for high-throughput testing. The modality of these systems includes contact dispensing, ultrasound, piezoelectric, and solenoid.

Furthermore, the integration of artificial intelligence and machine learning in automated liquid handling systems is a key trend in the market. These technologies enable next-generation sequencing and genome sequencing applications, further expanding the market's scope. The market is expected to grow at a steady pace due to the increasing demand for lab automation and the need to reduce human error and increase efficiency in laboratory processes.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for 2024-2028, as well as historical data from 2018-2022 for the following segments.

  • End-user
    • Pharmaceutical and biotechnology industry
    • Clinical and reference laboratories
    • Others
  • Geography
    • North America
      • US
    • Europe
      • Germany
      • UK
    • Asia
      • China
      • Japan
    • Rest of World (ROW)

By End-user Insights

The pharmaceutical and biotechnology industry segment is estimated to witness significant growth during the forecast period. The market is witnessing significant growth in the life science industry due to the adoption of advanced technologies. These systems are increasingly being utilized in laboratories for assay throughput enhancement and automation of bioprocesses. Manual handling techniques are being replaced by automated pipetting systems and microplate washers, which offer increased sample preparation throughput and reduced contamination risk. Pharmaceutical liquid handling applications, such as dispensing and washing, benefit significantly from these systems. Advanced technologies, including air displacement technology, ultrasound, piezoelectric, solenoid, and contact dispensing, are used in automated liquid handlers to ensure precise sample volumes and high throughput testing. Automated pipetting systems and microplate washers employ centrifugal force technology and cross-contamination reduction techniques, respectively.

Furthermore, automation in lab processes, driven by machine learning and artificial intelligence, is revolutionizing the way professionals handle samples. Next-generation sequencing applications, which require the handling of small droplets, are also benefiting from these advanced systems. Key players in the market include Bio Molecular Systems, Thermo Fisher Scientific, and Qiagen, among others. These companies offer a range of automated liquid handling solutions catering to the needs of clinical research laboratories, universities, and academic research laboratories.

Automated Liquid Handling Systems Market Size

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The pharmaceutical and biotechnology industry segment was valued at USD 339.40 million in 2018 and showed a gradual increase during the forecast period.

Regional Insights

North America is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

Automated Liquid Handling Systems Market Share by Geography

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The market is witnessing significant growth in the life science industry due to the adoption of advanced technologies. These systems are increasingly being utilized in laboratories for assay throughput enhancement, especially in bioprocess applications. Manual handling techniques are being replaced with automated pipetting systems and microplate washers, which offer increased pipetting and washing technology modality. Automated liquid handlers are essential tools for clinical research laboratories, universities, and pharmaceutical companies, enabling high throughput testing and reducing contamination risk. Automated pipetting systems use air displacement technology, ultrasound, piezoelectric, solenoid, or contact dispensing to precisely dispense sample volumes. Microplate washers employ centrifugal force technology to ensure efficient washing of well plates.

Furthermore, Next-generation sequencing and other advanced applications require high sample preparation throughput, making automation a necessity. Artificial intelligence and machine learning are being integrated into these systems to improve accuracy and efficiency. Automated liquid handling systems cater to various applications, including sample preparation, bio molecular systems, and clinical research. They offer benefits such as increased accuracy, reduced human error, and improved productivity. The market is expected to grow significantly due to the increasing demand for automation in laboratories and the need for high-throughput testing in various industries.

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Market Driver

The increasing investments in drug discovery is the key driver of the market. In the realm of pharmaceutical and biotechnology research, the significance of automated liquid handling systems has grown substantially due to the increasing focus on genome sequencing, drug discovery, and personalized medicine. These systems play a pivotal role in the initial stages of drug development, specifically during protein target identification. Automated liquid handling systems are indispensable for high-throughput drug screening, enabling the efficient and accurate handling of reagents and consumables. Innovations in this field include miniaturization of assays, expediting the process of querying biological systems with chemical probes, and the identification of potential drug candidates. The adoption of these systems in research laboratories and academic institutions facilitates the streamlining of screening operations, enhances throughput, consistency, and reliability, and eliminates human error.

Furthermore, the expansion of the distribution network for specialized liquid handlers, pipetting workstations, multipurpose workstations, and workstation modules, has made these advanced technologies accessible to a broader range of users in the drug development sector.

Market Trends

Additional software programs assisting in better analysis is the upcoming trend in the market. Automated liquid handling systems have gained significant traction in research laboratories and academic institutions due to their precision engineering and ability to handle genome sequencing and drug discovery processes. These systems incorporate robotics technology and offer specialized liquid handlers and pipetting workstations for microarray technology and drug screening applications. companies provide software as an additional service to maintain customer loyalty and ensure quality results. The intuitive and flexible user interface of these software programs simplifies data analysis, making it similar to manual plating procedures.

Furthermore, compliant with regulatory recommendations such as Certificates of Analysis (COA) and Certificates of Conformance (COC), these software programs can be customized to meet the specific requirements of end-users. For instance, Thermo Fisher Scientific's Versette ControlMate Software enables the creation and execution of pipetting programs for intricate pipetting sequences like plate reformatting, serial dilutions, and immunoaffinity sample preparations using MSIA pipette tips. The distribution network of these companies ensures easy access to reagents and consumables, further enhancing the market's growth.

Market Challenge

The inability of small-scale and medium-scale laboratories to fully adopt automated solutions is a key challenge affecting the market growth. Automated Liquid Handling Systems (ALHS) have gained significant attention in research laboratories and academic institutions due to their precision engineering capabilities in handling reagents and consumables for various applications. Genome sequencing, drug discovery, microarray technology, and drug screening are some areas where ALHS have proven to be indispensable. T

Furthermore, tese systems offer specialized liquid handlers and multipurpose workstations with workstation modules for drug development and distribution network integration. Initially, large-scale facilities with adequate budgets and trained personnel were the primary adopters of ALHS. However, medium and small-scale laboratories are now embracing these systems to enhance their productivity and efficiency. Despite limited floor space, these laboratories recognize the benefits of ALHS in handling low volumes of samples with high accuracy and consistency. companies have responded by developing a range of ALHS, from pipetting workstations to large-scale systems, catering to diverse applications and budgets.

Exclusive Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Automated Liquid Handling Systems Market Share by Geography

 Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Agilent Technologies Inc. - The company offers products such as open liquid handling platform.

The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

  • Agilent Technologies Inc.
  • Aurora Biomed Inc.
  • BRAND GmbH and Co. KG
  • Corning Inc.
  • Danaher Corp.
  • Dynex Technologies Inc.
  • Endress Hauser Group Services AG
  • Eppendorf SE
  • Fluotics
  • FORMULATRIX Inc.
  • Hamilton Co.
  • Hudson Robotics Inc.
  • Mettler Toledo International Inc.
  • Perkin Elmer Inc.
  • QIAGEN NV
  • Tecan Trading AG
  • Thermo Fisher Scientific Inc.
  • Waters Corp.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Research Analyst Overview

Automated liquid handling systems have become indispensable in the life science industry, enabling laboratories to streamline their processes and enhance productivity. These systems, which include automated pipetting systems, automated microplate washers, and dispensers, have replaced manual handling techniques in various applications such as assay throughput, bioprocess, clinical research laboratories, universities, and pharmaceutical liquid handling. Advanced technologies like Air displacement technology, ultrasound, piezoelectric, solenoid, and centrifugal force technology have revolutionized pipetting and washing processes, ensuring high throughput, contamination risk reduction, and precise sample volumes. These systems have become essential for next-generation sequencing and other high-throughput testing applications.

Furthermore, automated liquid handling systems have also integrated Artificial intelligence and machine learning to optimize sample preparation throughput and reduce the risk of cross contamination. Robots, droplets, and well plates are now standard components of these systems, making lab automation a reality for professionals in various fields. Modality, such as contact dispensing, ultrasound, and piezoelectric, and washing technology, like centrifugal force and cross flow, have significantly improved the performance of automated liquid handling systems. Bio Molecular Systems and academic research laboratories have also adopted these systems to enhance their research capabilities. Overall, automated liquid handling systems have transformed the way samples are prepared and processed, making them an essential tool for the life science industry.

Market Scope

Report Coverage

Details

Page number

150

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 11.64%

Market growth 2024-2028

USD 721 million

Market structure

Fragmented

YoY growth 2023-2024(%)

10.11

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 39%

Key countries

US, Germany, China, UK, and Japan

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Agilent Technologies Inc., Aurora Biomed Inc., BRAND GmbH and Co. KG, Corning Inc., Danaher Corp., Dynex Technologies Inc., Endress Hauser Group Services AG, Eppendorf SE, Fluotics, FORMULATRIX Inc., Hamilton Co., Hudson Robotics Inc., Mettler Toledo International Inc., Perkin Elmer Inc., QIAGEN NV, Tecan Trading AG, Thermo Fisher Scientific Inc., and Waters Corp.

Market dynamics

Parent market analysis, market growth inducers and obstacles, market forecast, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research and Growth Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting between 2024 and 2028
  • Precise estimation of the size of the market  and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming market growth and trends and changes in consumer behaviour
  • Growth of the market across North America, Europe, Asia, and Rest of World (ROW)
  • Thorough analysis of the market's competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Executive Summary - Chart on Market Overview
    • Executive Summary - Data Table on Market Overview
    • Executive Summary - Chart on Global Market Characteristics
    • Executive Summary - Chart on Market by Geography
    • Executive Summary - Chart on Market Segmentation by End-user
    • Executive Summary - Chart on Incremental Growth
    • Executive Summary - Data Table on Incremental Growth
    • Executive Summary - Chart on Company Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Parent Market
    • Data Table on - Parent Market
  • 2.2 Market characteristics
    • Market characteristics analysis
  • 2.3 Value chain analysis
    • Value Chain Analysis

3 Market Sizing

  • 3.1 Market definition
    • Offerings of companies included in the market definition
  • 3.2 Market segment analysis
    • Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global Automated Liquid Handling Systems Market 2018 - 2022
      • Historic Market Size - Data Table on Global Automated Liquid Handling Systems Market 2018 - 2022 ($ million)
    • 4.2 End-user segment analysis 2018 - 2022
      • Historic Market Size - End-user Segment 2018 - 2022 ($ million)
    • 4.3 Geography segment analysis 2018 - 2022
      • Historic Market Size - Geography Segment 2018 - 2022 ($ million)
    • 4.4 Country segment analysis 2018 - 2022
      • Historic Market Size - Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Bargaining power of buyers - Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Threat of new entrants - Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Threat of substitutes - Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Threat of rivalry - Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Chart on End-user - Market share 2023-2028 (%)
      • Data Table on End-user - Market share 2023-2028 (%)
    • 6.2 Comparison by End-user
      • Chart on Comparison by End-user
      • Data Table on Comparison by End-user
    • 6.3 Pharmaceutical and biotechnology industry - Market size and forecast 2023-2028
      • Chart on Pharmaceutical and biotechnology industry - Market size and forecast 2023-2028 ($ million)
      • Data Table on Pharmaceutical and biotechnology industry - Market size and forecast 2023-2028 ($ million)
      • Chart on Pharmaceutical and biotechnology industry - Year-over-year growth 2023-2028 (%)
      • Data Table on Pharmaceutical and biotechnology industry - Year-over-year growth 2023-2028 (%)
    • 6.4 Clinical and reference laboratories - Market size and forecast 2023-2028
      • Chart on Clinical and reference laboratories - Market size and forecast 2023-2028 ($ million)
      • Data Table on Clinical and reference laboratories - Market size and forecast 2023-2028 ($ million)
      • Chart on Clinical and reference laboratories - Year-over-year growth 2023-2028 (%)
      • Data Table on Clinical and reference laboratories - Year-over-year growth 2023-2028 (%)
    • 6.5 Others - Market size and forecast 2023-2028
      • Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Chart on Others - Year-over-year growth 2023-2028 (%)
      • Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by End-user
      • Market opportunity by End-user ($ million)
      • Data Table on Market opportunity by End-user ($ million)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Chart on Market share by geography 2023-2028 (%)
      • Data Table on Market share by geography 2023-2028 (%)
    • 8.2 Geographic comparison
      • Chart on Geographic comparison
      • Data Table on Geographic comparison
    • 8.3 North America - Market size and forecast 2023-2028
      • Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Chart on North America - Year-over-year growth 2023-2028 (%)
      • Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 8.4 Europe - Market size and forecast 2023-2028
      • Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 8.5 Asia - Market size and forecast 2023-2028
      • Chart on Asia - Market size and forecast 2023-2028 ($ million)
      • Data Table on Asia - Market size and forecast 2023-2028 ($ million)
      • Chart on Asia - Year-over-year growth 2023-2028 (%)
      • Data Table on Asia - Year-over-year growth 2023-2028 (%)
    • 8.6 Rest of World (ROW) - Market size and forecast 2023-2028
      • Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
      • Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
      • Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
      • Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
    • 8.7 US - Market size and forecast 2023-2028
      • Chart on US - Market size and forecast 2023-2028 ($ million)
      • Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Chart on US - Year-over-year growth 2023-2028 (%)
      • Data Table on US - Year-over-year growth 2023-2028 (%)
    • 8.8 Germany - Market size and forecast 2023-2028
      • Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 8.9 China - Market size and forecast 2023-2028
      • Chart on China - Market size and forecast 2023-2028 ($ million)
      • Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Chart on China - Year-over-year growth 2023-2028 (%)
      • Data Table on China - Year-over-year growth 2023-2028 (%)
    • 8.10 UK - Market size and forecast 2023-2028
      • Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Chart on UK - Year-over-year growth 2023-2028 (%)
      • Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 8.11 Japan - Market size and forecast 2023-2028
      • Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 8.12 Market opportunity by geography
      • Market opportunity by geography ($ million)
      • Data Tables on Market opportunity by geography ($ million)

    9 Drivers, Challenges, and Opportunity/Restraints

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Impact of drivers and challenges in 2023 and 2028
        • 9.4 Market opportunities/restraints

          10 Competitive Landscape

          • 10.1 Overview
            • 10.2 Competitive Landscape
              • Overview on criticality of inputs and factors of differentiation
            • 10.3 Landscape disruption
              • Overview on factors of disruption
            • 10.4 Industry risks
              • Impact of key risks on business

            11 Competitive Analysis

            • 11.1 Companies profiled
              • Companies covered
            • 11.2 Market positioning of companies
              • Matrix on companies position and classification
            • 11.3 Agilent Technologies Inc.
              • Agilent Technologies Inc. - Overview
              • Agilent Technologies Inc. - Business segments
              • Agilent Technologies Inc. - Key news
              • Agilent Technologies Inc. - Key offerings
              • Agilent Technologies Inc. - Segment focus
            • 11.4 Aurora Biomed Inc.
              • Aurora Biomed Inc. - Overview
              • Aurora Biomed Inc. - Product / Service
              • Aurora Biomed Inc. - Key offerings
            • 11.5 BRAND GmbH and Co. KG
              • BRAND GmbH and Co. KG - Overview
              • BRAND GmbH and Co. KG - Product / Service
              • BRAND GmbH and Co. KG - Key news
              • BRAND GmbH and Co. KG - Key offerings
            • 11.6 Danaher Corp.
              • Danaher Corp. - Overview
              • Danaher Corp. - Business segments
              • Danaher Corp. - Key news
              • Danaher Corp. - Key offerings
              • Danaher Corp. - Segment focus
            • 11.7 Endress Hauser Group Services AG
              • Endress Hauser Group Services AG - Overview
              • Endress Hauser Group Services AG - Product / Service
              • Endress Hauser Group Services AG - Key news
              • Endress Hauser Group Services AG - Key offerings
            • 11.8 Eppendorf SE
              • Eppendorf SE - Overview
              • Eppendorf SE - Product / Service
              • Eppendorf SE - Key news
              • Eppendorf SE - Key offerings
            • 11.9 Hamilton Co.
              • Hamilton Co. - Overview
              • Hamilton Co. - Product / Service
              • Hamilton Co. - Key offerings
            • 11.10 Tecan Trading AG
              • Tecan Trading AG - Overview
              • Tecan Trading AG - Business segments
              • Tecan Trading AG - Key news
              • Tecan Trading AG - Key offerings
              • Tecan Trading AG - Segment focus
            • 11.11 Thermo Fisher Scientific Inc.
              • Thermo Fisher Scientific Inc. - Overview
              • Thermo Fisher Scientific Inc. - Business segments
              • Thermo Fisher Scientific Inc. - Key news
              • Thermo Fisher Scientific Inc. - Key offerings
              • Thermo Fisher Scientific Inc. - Segment focus
            • 11.12 Waters Corp.
              • Waters Corp. - Overview
              • Waters Corp. - Business segments
              • Waters Corp. - Key news
              • Waters Corp. - Key offerings
              • Waters Corp. - Segment focus

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Inclusions checklist
                • Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Currency conversion rates for US$
              • 12.4 Research methodology
                • Research methodology
              • 12.5 Data procurement
                • Information sources
              • 12.6 Data validation
                • Data validation
              • 12.7 Validation techniques employed for market sizing
                • Validation techniques employed for market sizing
              • 12.8 Data synthesis
                • Data synthesis
              • 12.9 360 degree market analysis
                • 360 degree market analysis
              • 12.10 List of abbreviations
                • List of abbreviations

              Research Methodology

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              Interested in this report?

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              Frequently Asked Questions

              Automated Liquid Handling Systems market growth will increase by $ 721 mn during 2024-2028.

              The Automated Liquid Handling Systems market is expected to grow at a CAGR of 11.64% during 2024-2028.

              Automated Liquid Handling Systems market is segmented by End-user( Pharmaceutical and biotechnology industry, Clinical and reference laboratories, Others)

              Agilent Technologies Inc., Aurora Biomed Inc., BRAND GmbH and Co. KG, Corning Inc., Danaher Corp., Dynex Technologies Inc., Endress Hauser Group Services AG, Eppendorf SE, Fluotics, FORMULATRIX Inc., Hamilton Co., Hudson Robotics Inc., Mettler Toledo International Inc., Perkin Elmer Inc., QIAGEN NV, Tecan Trading AG, Thermo Fisher Scientific Inc., Waters Corp. are a few of the key vendors in the Automated Liquid Handling Systems market.

              North America will register the highest growth rate of 39% among the other regions. Therefore, the Automated Liquid Handling Systems market in North America is expected to garner significant business opportunities for the vendors during the forecast period.

              US, Germany, China, UK, Japan

              • Increasing investments in drug discoveryDue to the increasing prevalence of chronic diseases and the growing demand for personalized medicine is the driving factor this market.
              • pharmaceutical and biotechnology companies are increasing their R&D investments to discover new drugs. This has increased the demand for automated liquid handling systems is the driving factor this market.
              • which are required during the initial phase of the drug discovery process for protein target identification. Automated liquid handling systems are essential for drug discovery is the driving factor this market.
              • especially to screen compounds. Innovations in automated liquid handling systems include assay miniaturization is the driving factor this market.
              • accelerating chemical probes to query biological systems and the discovery of drug candidates. The use of automated liquid handling systems streamlines screening operations; increases throughput is the driving factor this market.
              • consistency is the driving factor this market.
              • and reliability; and eliminates human error. Protein crystallization and crystallography techniques are used to identify potential drug targets by identifying the structural components is the driving factor this market.
              • which can be altered in a protein to suppress or increase a particular therapeutic function. Most drug discovery processes begin with protein target identification is the driving factor this market.
              • which requires the 3D structure of the specific protein that needs to be determined. This is done to understand the properties of the particular protein is the driving factor this market.
              • its behavior in the human body is the driving factor this market.
              • and its reaction to the introduced drug. This process involves the use of automated liquid handling systems to store and move large volumes of molecule samples is the driving factor this market.
              • which requires precision. Due to the increasing prevalence of diseases across the world is the driving factor this market.
              • pharmaceutical and biotechnology companies are focusing on developing new drugs. According to the CDC is the driving factor this market.
              • in the US is the driving factor this market.
              • each year is the driving factor this market.
              • more than 1.5 million people are diagnosed with cancer. By 2040 is the driving factor this market.
              • the number of new cancer cases per year is expected to rise to 29.5 million and the number of cancer-related deaths to 16.4 million. Protein structure research is the driving factor this market.
              • which is achieved through protein crystallization and crystallography using automated liquid handling systems is the driving factor this market.
              • helps identify potential drug targets in the protein structure that can be triggered to accelerate a therapeutic function or suppress an infection. This has resulted in the increased demand for automated liquid handling systems. To save time and effort in the drug approval process is the driving factor this market.
              • countries have increased their R&D investments. In the last few years is the driving factor this market.
              • the governments of several developed and developing countries have been supporting research for new drug discovery and development. The rapid progression of automated liquid handling systems has enabled pharmaceutical companies to mitigate formulation risks in drug formulation. Therefore is the driving factor this market.
              • with the growing emphasis on R&D procedures and significant investments made in them is the driving factor this market.
              • the demand for automated liquid handling systems is expected to increase. This will drive the growth of the market during the forecast period. is the driving factor this market.

              The Automated Liquid Handling Systems market vendors should focus on grabbing business opportunities from the Pharmaceutical and biotechnology industry segment as it accounted for the largest market share in the base year.