Published by Coherent Market Insights
Posted on September 20, 2021
Global Automated Liquid Handling Systems Market
Automated liquid handling systems are multi-purpose tools designed to perform multiple tasks in laboratories, including sampling, mixing, and combining liquid samples automatically. The automated liquid handling system facilitates the elimination of sample contamination and reduces manual work of lab personnel by performing several laboratory tasks. These workstations are able to measure samples, add reagents, and ensure addition of liquids to bioassays in uniform pattern. The liquid handling workstations differ in volume of samples that can be handled and are available with variety of integrated software to maintain the footprint of the tasks carried out by these instruments.
The leading manufacturers in the global automated liquid handling systems have introduced compact and user-friendly liquid handling workstations that can be operated in small and mid-level laboratories, in order to sustain in the highly competitive global market. For instance, in January 2014, Hamilton Robotics introduced NIMBUS PCR workstation at the annual Society for Laboratory Automation & Screening Conference. It is a compact and affordable workstation that enables fast and flexible assay set up. Moreover, Tecan Group Limited introduced Fluent Gx Automation workstation in February 2018 that is designed specifically to meet the stringent needs of clinical and regulated laboratories.
Global Automated Liquid Handling Systems Market Overview
Pharmaceutical companies are increasingly focusing on conducting a number of research and development activities as well as outsourcing such activities to academic and private research institutes, which is, in turn, increasing the number of new laboratory set-ups. Owing to this, the demand for liquid handling systems has significantly augmented, thereby fostering the global market growth. Moreover, pharmaceutical companies are increasingly outsourcing their research to privately-based contract research organizations (CRO) to stay competitive in the exponentially growing pharmaceuticals and biotechnology medicines sector. For instance, in May 2018, Ritter Pharmaceuticals, Inc.—a developer of novel therapeutic products, entered into an agreement with Medpace, a clinical research organization (CRO), to conduct the first of the two pivotal Phase 3 clinical trials for RP-G28 among patients with lactose intolerance (LI). In October 2016, Sun Pharma, an India-based pharmaceutical company, announced plans to increase its research and development activities by investing in a new R&D unit at Madhya Pradesh, India.
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However, automated liquid handling systems are unaffordable for medical settings in emerging economies and small-scale laboratories, due to its high cost, which in turn is a major factor hindering the market growth. Moreover, stringent manufacturing requirements for receiving commercial license and market approvals by various governmental agencies such as the FDA and European Commission, increases the costs of these devices. Furthermore, integration of Information Technology (IT) in lab flow instruments requires high manufacturing expenses, leading to elevated prices of these devices. The low cost options available in portable formats do not provide accuracy and reliable test results. For instance, according to a report published by Food and Drug Association (FDA) and A2LA Certification Board, 2013, bending of tips due to external factors may result in around 10% errors in pipetting accuracy in low-cost automated liquid handling systems.
Global Automated Liquid Handling Systems – Regional Insights
North America, followed by Europe, accounted for the largest share in the global automated liquid handling systems market in 2016, owing to rapid development and launch of novel tissue automatic and robotic assisted liquid handling workstations. For instance, in January 2014, Hamilton Robotics introduced NIMBUS PCR Workstation—a compact and affordable pipetting workstation that enables fast and flexible assay setup for endpoint, real-time, qPCR or multiplex PCR.
Furthermore, several European companies are receiving funds from various public as well as private sources to conduct advanced research for developing drugs through progressive research and innovation. For instance, in June 2017, Novartis AG received US$ 300 million fund from Medicxi—an investor in life sciences research—to develop novel technology and therapies in areas ranging from diabetes management to robotic surgery.
Moreover, biopharmaceutical giants are looking to conduct clinical trial research in Asian countries, due to easy patient recruitment and availability of highly skilled professionals to conduct research experiments. This is resulting in rising number of research laboratories in the region. Such increasing number of research laboratories is expected to propel the market growth. For instance, in March 2017, Herbalife Company partnered with Indian pharma company Syngene to establish their new R&D lab at Bangalore, India.
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Regions/countries that are expected to witness the fastest growth rates during the forecast period.
The latest developments, market shares, and strategies that are employed by the major market players.
Global Automated Liquid Handling Systems – Competitive Analysis
The renowned players operating in the global automated liquid handling systems market are 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.
These players are focused on new product launches. For instance, in October 2017, Qiagen launched a next-generation DNA testing automated workflow in collaboration with International Commission of Missing Persons (ICMP) for DNA identification through Qiagen’s instruments and consumables for DNA extraction, liquid handling, and others.
Market Taxonomy
By Product Type:
By End User:
By Region:
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The post Automated Liquid Handling Systems Market Business still promises 8.1% CAGR by 2026 appeared first on Gatorledger.
Global Automated Liquid Handling Systems Market
Automated liquid handling systems are multi-purpose tools designed to perform multiple tasks in laboratories, including sampling, mixing, and combining liquid samples automatically. The automated liquid handling system facilitates the elimination of sample contamination and reduces manual work of lab personnel by performing several laboratory tasks. These workstations are able to measure samples, add reagents, and ensure addition of liquids to bioassays in uniform pattern. The liquid handling workstations differ in volume of samples that can be handled and are available with variety of integrated software to maintain the footprint of the tasks carried out by these instruments.
The leading manufacturers in the global automated liquid handling systems have introduced compact and user-friendly liquid handling workstations that can be operated in small and mid-level laboratories, in order to sustain in the highly competitive global market. For instance, in January 2014, Hamilton Robotics introduced NIMBUS PCR workstation at the annual Society for Laboratory Automation & Screening Conference. It is a compact and affordable workstation that enables fast and flexible assay set up. Moreover, Tecan Group Limited introduced Fluent Gx Automation workstation in February 2018 that is designed specifically to meet the stringent needs of clinical and regulated laboratories.
Global Automated Liquid Handling Systems Market Overview
Pharmaceutical companies are increasingly focusing on conducting a number of research and development activities as well as outsourcing such activities to academic and private research institutes, which is, in turn, increasing the number of new laboratory set-ups. Owing to this, the demand for liquid handling systems has significantly augmented, thereby fostering the global market growth. Moreover, pharmaceutical companies are increasingly outsourcing their research to privately-based contract research organizations (CRO) to stay competitive in the exponentially growing pharmaceuticals and biotechnology medicines sector. For instance, in May 2018, Ritter Pharmaceuticals, Inc.—a developer of novel therapeutic products, entered into an agreement with Medpace, a clinical research organization (CRO), to conduct the first of the two pivotal Phase 3 clinical trials for RP-G28 among patients with lactose intolerance (LI). In October 2016, Sun Pharma, an India-based pharmaceutical company, announced plans to increase its research and development activities by investing in a new R&D unit at Madhya Pradesh, India.
Request For Sample Copy Here: https://www.coherentmarketinsights.com/insight/request-sample/2021
However, automated liquid handling systems are unaffordable for medical settings in emerging economies and small-scale laboratories, due to its high cost, which in turn is a major factor hindering the market growth. Moreover, stringent manufacturing requirements for receiving commercial license and market approvals by various governmental agencies such as the FDA and European Commission, increases the costs of these devices. Furthermore, integration of Information Technology (IT) in lab flow instruments requires high manufacturing expenses, leading to elevated prices of these devices. The low cost options available in portable formats do not provide accuracy and reliable test results. For instance, according to a report published by Food and Drug Association (FDA) and A2LA Certification Board, 2013, bending of tips due to external factors may result in around 10% errors in pipetting accuracy in low-cost automated liquid handling systems.
Global Automated Liquid Handling Systems – Regional Insights
North America, followed by Europe, accounted for the largest share in the global automated liquid handling systems market in 2016, owing to rapid development and launch of novel tissue automatic and robotic assisted liquid handling workstations. For instance, in January 2014, Hamilton Robotics introduced NIMBUS PCR Workstation—a compact and affordable pipetting workstation that enables fast and flexible assay setup for endpoint, real-time, qPCR or multiplex PCR.
Furthermore, several European companies are receiving funds from various public as well as private sources to conduct advanced research for developing drugs through progressive research and innovation. For instance, in June 2017, Novartis AG received US$ 300 million fund from Medicxi—an investor in life sciences research—to develop novel technology and therapies in areas ranging from diabetes management to robotic surgery.
Moreover, biopharmaceutical giants are looking to conduct clinical trial research in Asian countries, due to easy patient recruitment and availability of highly skilled professionals to conduct research experiments. This is resulting in rising number of research laboratories in the region. Such increasing number of research laboratories is expected to propel the market growth. For instance, in March 2017, Herbalife Company partnered with Indian pharma company Syngene to establish their new R&D lab at Bangalore, India.
Get Flat USD 2000 OFF
Buy-Now this research report: https://www.coherentmarketinsights.com/promo/buynow/2021
Reasons to Purchase this Report:
Current and future of global Cancer Registry Software Market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
Regions/countries that are expected to witness the fastest growth rates during the forecast period.
The latest developments, market shares, and strategies that are employed by the major market players.
Global Automated Liquid Handling Systems – Competitive Analysis
The renowned players operating in the global automated liquid handling systems market are 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.
These players are focused on new product launches. For instance, in October 2017, Qiagen launched a next-generation DNA testing automated workflow in collaboration with International Commission of Missing Persons (ICMP) for DNA identification through Qiagen’s instruments and consumables for DNA extraction, liquid handling, and others.
Market Taxonomy
By Product Type:
By End User:
By Region:
Contact US:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
The post Automated Liquid Handling Systems Market Business still promises 8.1% CAGR by 2026 appeared first on Gatorledger.
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