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Written by Joey Moore » Updated on: August 21st, 2024
The latest report by IMARC Group, titled “Automated Liquid Handling Market Report by Type (Standalone, Individual Benchtop Workstation, Multi Instrument System, and Others), Modality (Disposable Tip, Fixed Tip), Procedure (PCR Setup, Serial Dilution, High-Throughput Screening, Cell Culture, Whole Genome Amplification, Plate Reformatting, Array Printing, and Others), End User (Biotechnology and Pharmaceutical Companies, Contract Research Organizations, Academic and Government Research Institutes), and Region 2024-2032”, offers a comprehensive analysis of the industry, which comprises insights on the market.
Automated Liquid Handling Market Overview-
The global automated liquid handling market size reached US$ 1,078.3 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 2,031.2 Million by 2032, exhibiting a growth rate (CAGR) of 7.1% during 2024-2032.
Factors Affecting the Growth of the Automated Liquid Handling Industry:
Technological Advancements in Automated Liquid Handling Systems:
The rapid technological advancements in automated liquid handling (ALH) systems significantly drive the growth of the market. Innovations such as enhanced pipetting precision, integration with advanced software, and robotics enable higher throughput and accuracy in liquid handling tasks, which are crucial in various applications, including drug discovery, genomics, and proteomics. These advancements reduce the risk of human error, increase reproducibility, and improve overall laboratory efficiency. The development of modular systems that can be customized according to specific laboratory needs further enhances the adoption of ALH systems. Additionally, integrating artificial intelligence (AI) and machine learning (ML) with ALH systems allows for predictive analytics and real-time monitoring, leading to optimized performance. As laboratories and research institutions strive to increase their throughput while maintaining precision, the demand for advanced ALH systems continues to rise, driving market expansion.
Increasing Adoption in Genomics and Proteomics Research:
The growing focus on genomics and proteomics research is another major factor driving the global automated liquid handling market. Genomics and proteomics involve handling large volumes of samples and reagents, requiring precise and efficient liquid handling to ensure accurate results. Automated liquid handling systems are increasingly being adopted in these fields to manage complex workflows, such as DNA/RNA extraction, PCR setup, next-generation sequencing (NGS), and mass spectrometry sample preparation. The automation of these processes improves the accuracy and consistency of results and also significantly reduces the time required for sample processing. As research in genomics and proteomics continues to expand, particularly in personalized medicine and drug development, the demand for reliable and high-throughput ALH systems is expected to grow. This increased adoption in genomics and proteomics research is a key driver of the market.
Rising Demand for High-Throughput Screening in Drug Discovery:
The growing pharmaceutical industry need for high-throughput screening (HTS) in drug discovery is a crucial factor propelling the automated liquid handling market. HTS involves the rapid testing of thousands to millions of compounds to identify potential drug candidates. Automated liquid handling systems are essential in this process, as they enable the precise dispensing of small volumes of reagents and compounds into microplates. The ability of ALH systems to handle multiple samples simultaneously with high accuracy is vital for the efficiency and reliability of HTS. Moreover, the increasing complexity of drug discovery processes, which require the testing of more diverse and larger compound libraries, further drives the need for sophisticated ALH systems. The adoption of these systems in drug discovery accelerates the identification of potential therapeutics and also reduces costs associated with manual handling errors and labor. As pharmaceutical companies continue to invest in HTS for faster drug development, the demand for automated liquid handling systems is expected to rise, driving market growth.
For an in-depth analysis, you can request a sample copy of the report: https://www.imarcgroup.com/automated-liquid-handling-market/requestsample
Competitive Landscape:
The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.
Automated Liquid Handling Market Report Segmentation:
By Type:
Standalone dominates the market as it offers greater flexibility and ease of integration with existing laboratory setups, making it a preferred choice for diverse applications.
By Modality:
Based on the modality, the market has been divided into disposable tip and fixed tip.
By Procedure:
PCR setup represents the largest segment due to its widespread application in diagnostics, research, and drug development, requiring precise and efficient automated liquid handling for accurate results.
By End User:
Biotechnology and pharmaceutical companies dominate the market due to their extensive need for precise, high-throughput automated liquid handling systems in drug discovery and development processes.
Regional Insights:
North America's dominance in the automated liquid handling market is attributed to its advanced research infrastructure, high adoption of automation technologies in laboratories, and significant investment in drug discovery and genomics.
Global Automated Liquid Handling Market Trends:
The growing trend toward miniaturization and the development of lab-on-a-chip technologies is a significant driver for the global automated liquid handling market. These technologies require precise and accurate handling of minuscule liquid volumes, often in the nanoliter or picoliter range, which automated liquid handling systems are uniquely equipped to manage. The ability of these systems to perform tasks such as sample preparation, mixing, and dispensing at such small scales without compromising accuracy is critical in areas such as diagnostics, drug development, and personalized medicine. As these applications continue to evolve, the demand for automated systems that can handle minute quantities with precision is expected to grow, further propelling market expansion.
Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=5263&flag=C
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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