Automated Liquid Handling Systems Market by End-user and Geography - Forecast and Analysis 2022-2026

The automated liquid handling systems market share is expected to increase to USD 768.06 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 12.23%.

This automated liquid handling systems market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers automated liquid handling systems market segmentation by end-user (pharmaceutical and biotechnology industry, clinical and reference laboratories, and other) and geography (North America, Europe, Asia, and Rest of World (ROW)). The automated liquid handling systems market report also offers information on several market vendors, 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 AG, Fluotics, Formulatrix Inc., Hamilton Bonaduz AG, Hudson Robotics Inc., Mettler Toledo International Inc., PerkinElmer Inc., QIAGEN NV, Tecan Group Ltd., Thermo Fisher Scientific Inc., and Waters Corp. among others.

What will the Automated Liquid Handling Systems Market Size be During the Forecast Period?

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Automated Liquid Handling Systems Market: Key Drivers, Trends, and Challenges

The increasing investments in drug discovery is notably driving the automated liquid handling systems market growth, although factors such as the inability of small-scale and medium-scale laboratories to fully adopt automated solutions may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the automated liquid handling systems industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Automated Liquid Handling Systems Market Driver

One of the key factors driving growth in the automated liquid handling systems market is the increasing investments in drug discovery. Due to the increasing prevalence of chronic diseases and the growing demand for personalized medicine, pharmaceutical and biotechnology companies are increasing their R&D investments to discover new drugs. This has increased the demand for automated liquid handling systems, which are required during the initial phase of the drug discovery process for protein target identification. The use of automated liquid handling systems streamlines screening operations; increases throughput, consistency, and reliability; and eliminates human error. Due to the increasing prevalence of diseases across the world, pharmaceutical and biotechnology companies are focusing on developing new drugs. In the last few years, the governments of several developed and developing countries have been supporting research for new drug discovery and development. With the growing emphasis on R&D procedures and significant investments made in them, the demand for automated liquid handling systems is expected to increase. This will drive the growth of the market during the forecast period.

Key Automated Liquid Handling Systems Market Trend

The additional software programs assisting in better analysis is a automated liquid handling systems market trend that is expected to have a positive impact in the coming years. To maintain customer loyalty and ensure quality results, vendors have started offering software as an additional service with their automated liquid handling systems. These software programs are equipped with an intuitive and flexible user interface, which enables the analysis of data simple. These software programs resemble the manual plating procedure. Apart from being compliant with regulatory recommendations such as the Certificates of Analysis (COA) and the Certificates of Conformance (COC), these software programs can be altered according to the needs of end-users. Such software programs help save time and generate high-quality results, which will drive the growth of the market during the forecast period.

Key Automated Liquid Handling Systems Market Challenge

The inability of small-scale and medium-scale laboratories to fully adopt automated solutions will be a major challenge for the automated liquid handling systems market during the forecast period. Medium and small-scale laboratories handle low volumes of samples. They are mostly established to address specific applications. These laboratories do not have adequate budgets, staff, or planning. Therefore, they do not prioritize automation. Lack of floor space is also an issue as automating every process would require space that is needed for researchers and other key equipment. Vendors had initially developed large automated systems such as automated liquid handling systems that catered to large facilities and trained professionals. Small and medium-scale laboratories cannot use such technologically advanced products due to lack of space and budget. Also, professionals managing small-scale laboratories lack the knowledge required to understand the benefits of automation. Cost, technological ineptness, and lack of knowledge about the use of automated devices affect the complete adoption of automated solutions by small-scale and medium-scale laboratories.

This automated liquid handling systems market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global liquid handling systems market as a part of the global life sciences tools and services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the automated liquid handling systems market during the forecast period.

Who are the Major Automated Liquid Handling Systems Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, 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 AG
• Fluotics
• Formulatrix Inc.
• Hamilton Bonaduz AG
• Hudson Robotics Inc.
• Mettler Toledo International Inc.
• PerkinElmer Inc.
• QIAGEN NV
• Tecan Group Ltd.
• Thermo Fisher Scientific Inc.
• Waters Corp.

 

This statistical study of the automated liquid handling systems market encompasses successful business strategies deployed by the key vendors. The automated liquid handling systems market is fragmented and the vendors are deploying growth strategies such as focusing on acquiring other small brands to increase their market presence to compete in the market.

Product Insights and News

• Agilent Technologies Inc. - Agilent Technologies Inc. is a public company headquartered in US. It is a global company generating $6,319 million in revenues and has around 17,000 employees. Its revenue from the global automated liquid handling systems market is a key component of its overall revenues. 

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

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The automated liquid handling systems market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Automated Liquid Handling Systems Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the automated liquid handling systems market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Automated Liquid Handling Systems Market?

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37% of the market's growth will originate from North America during the forecast period. The US is the key market for automated liquid handling systems in North America. Market growth in this region will be slower than the growth of the market in the Asian and ROW regions.

The governments and the non-profit sectors in the region heavily investing in the biomedical and life sciences industry will facilitate the automated liquid handling systems market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The automated liquid handling systems market in North America witnessed growth in 2020, owing to the recent outbreak of COVID-19. The rising number of COVID-19 cases resulted in significant pressure on healthcare facilities in this region. Laboratories are continually increasing their testing capacities to address the rising demand for COVID-19 testing.

What are the Revenue-generating End-user Segments in the Automated Liquid Handling Systems Market?

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The automated liquid handling systems market share growth in the pharmaceuticals and biotechnology industry segment will be significant during the forecast period.  The increased focus of pharmaceutical and biotechnology companies on applications such as HCS and the use of automated liquid handling systems for drug discovery solutions are driving the growth of the pharmaceutical and biotechnology industry segment. The emergence of several new pharmaceutical and biotechnology companies will also drive the growth of the market. This is because these companies launch new drugs and molecular therapies that are developed through the extensive use of automated liquid handling systems.  As companies make significant investments in R&D, particularly in techniques such as genetic sequencing, the demand for automated liquid handling systems will be high as researchers intend to discover new drug targets.

This report provides an accurate prediction of the contribution of all the segments to the growth of the automated liquid handling systems market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Automated Liquid Handling Systems Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 12.23%
Market growth 2022-2026	$ 768.06 million
Market structure	Fragmented
YoY growth (%)	10.66
Regional analysis	North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution	North America at 37%
Key consumer countries	US, Germany, UK, China, Japan, US, Germany, UK, China, and Japan
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
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 AG, Fluotics, Formulatrix Inc., Hamilton Bonaduz AG, Hudson Robotics Inc., Mettler Toledo International Inc., PerkinElmer Inc., QIAGEN NV, Tecan Group Ltd., Thermo Fisher Scientific Inc., and Waters Corp.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our 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 Automated Liquid Handling Systems Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive automated liquid handling systems market growth during the next five years
• Precise estimation of the automated liquid handling systems market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the automated liquid handling systems industry across North America, Europe, Asia, and Rest of World (ROW)
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of automated liquid handling systems market vendors

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