Automated Liquid Handling Systems Market to Witness Strong Growth by 2030
Automated liquid handling systems have become a crucial component in laboratories, offering a wide range of functions such as collecting, separating, and combining liquid samples. These systems provide an efficient and accurate way to conduct laboratory procedures without the need for human intervention, thereby reducing the time spent on these tasks. The market for automated liquid handling systems is experiencing strong growth, driven by the increasing demand for these systems in newly established laboratories and the outsourcing of research and development by pharmaceutical companies.
Pharmaceutical corporations are placing greater emphasis on performing their own research and development, as well as outsourcing it to academia and private research organizations. This trend has led to an uptick in the number of newly established laboratories, thereby driving the demand for automated liquid handling systems. Additionally, pharmaceutical companies are turning to private contract research organizations (CRO) to conduct their research, further fueling the growth of the automated liquid handling systems market.
However, the high cost of these systems remains a challenge, especially in emerging nations and small-scale laboratories. The rigorous manufacturing standards required to obtain commercial licenses and market clearances from government organizations such as the Food and Drug Administration and the European Commission contribute to the high production costs. While there are low-cost portable solutions available, they may not deliver accurate and reliable test findings.
The North American market currently dominates the global automated liquid handling systems market, followed by Europe. The quick development and deployment of unique tissue automation and robotic aided liquid handling workstations have contributed to the dominance of these regions. In addition, Europe has seen funding from both public and private organizations for cutting-edge research in the creation of new pharmaceuticals.
Leading companies in the automated liquid handling systems industry are focusing on introducing innovative products to the market. For example, Qiagen and the International Commission for Missing People (ICMP) released a next-generation DNA testing automated workflow using Qiagen’s instruments and consumables for DNA extraction and liquid handling.
Key players in the automated liquid handling systems market include Aurora Biomed, Inc., Hamilton Company, Tecan Group Ltd, Eppendorf AG, Qiagen N.V., Mettler-Toledo International Inc., Corning, Inc., Bio-Rad Laboratories, Inc., PerkinElmer, Inc., Agilent Technologies, Inc., Danaher Corporation, and Thermo Fisher Scientific, Inc.
In conclusion, the automated liquid handling systems market is witnessing strong growth due to the increasing demand from newly established laboratories and the outsourcing of research and development by pharmaceutical companies. While the high cost of these systems remains a challenge, companies are focusing on introducing innovative and user-friendly products to cater to the needs of smaller laboratories. The North American and European markets currently dominate the industry, but the expansion of research facilities in Asian countries is expected to drive market growth in the region.
