Market Size of Liquid Handling System Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 4.90 Billion |
| Market Size (2029) | USD 6.51 Billion |
| CAGR (2024 - 2029) | 5.84 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Liquid Handling Technology Market Analysis
The Liquid Handling System Market size is estimated at USD 4.90 billion in 2024, and is expected to reach USD 6.51 billion by 2029, growing at a CAGR of 5.84% during the forecast period (2024-2029).
The major factors for the growth of the liquid handling system market include the rising investment in research and drug development, increasing demand for high-throughput screening, and technological advancements in automated liquid handling systems.
The automated liquid handling systems and high-throughput screening applications are now widely used in drug discovery and most of the major market players are moving towards the automated liquid handling systems. The rising investment in the research and drug discovery is expected to increase the demand for liquid handling systems. Furthermore, in recent years, the interest in high-throughput screening technologies in the United States has increased drastically in academic research. In the United States, a comprehensive database of academic screening centers, hosted by the Society for Biomolecular Sciences, is available. It does not only provide HTS resources to the academic community but also helps in the identification of probes and leads for drug discovery. Thus, owing to all above-mentioned factors, the market is expected to witness high growth over the forecast period.
Liquid Handling Technology Industry Segmentation
As per the scope of this report, liquid handling systems are used to dispense a selected quantity of reagent, samples or other liquid to a designated container. The market is segmented by type, product, end-user, and geography.
| By Type | |
| Manual Liquid Handling | |
| Automated Liquid Handling | |
| Semi-Automated Liquid Handling |
| By Product | |
| Automated Workstations | |
| Pipettes | |
| Dispensers | |
| Burettes | |
| Others |
| By Application | |
| Drug Discovery | |
| Cancer and Genomics Research | |
| Clinical Diagnostics | |
| Other Applications |
| By End User | |
| Pharmaceutical and Biotechnology Industry | |
| Contract Research Organization | |
| Academic Institutes | |
| Others |
| Geography | ||||||||
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Liquid Handling System Market Size Summary
The liquid handling system market is poised for significant growth, driven by increasing investments in research and drug development, alongside advancements in automated systems. The demand for high-throughput screening applications, particularly in drug discovery, is propelling the adoption of these systems. Major market players are increasingly shifting towards automation to enhance efficiency and accuracy in research processes. The United States, with its robust funding for research and development, is a key region witnessing substantial growth due to the rising adoption of automated liquid handling systems in research facilities. The availability of comprehensive databases and resources for high-throughput screening further supports this trend, facilitating drug discovery and development.
Contract research organizations (CROs) are also contributing to the market's expansion by adopting liquid handling technologies to improve lab capabilities and reduce variability in research outcomes. The outsourcing of research activities by pharmaceutical companies is boosting the demand for these systems, as CROs increasingly perform outsourced clinical studies. The market is moderately competitive, with several key players such as Agilent Technologies, Hamilton Company, and Bio-Rad Laboratories actively participating. These companies are focusing on launching new products to meet the growing needs of the market, ensuring continued innovation and development in liquid handling systems.
Liquid Handling System Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Rising Investment in Drug Development and Research
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1.2.2 Increasing Demand for High-Throughput Screening
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1.2.3 Technological Advancements in Automated Liquid Handling Systems
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1.3 Market Restraints
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1.3.1 Lack of Skilled Labor in Developing Countries
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1.3.2 High Cost and Complexity
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1.4 Porter's Five Force Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Manual Liquid Handling
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2.1.2 Automated Liquid Handling
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2.1.3 Semi-Automated Liquid Handling
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2.2 By Product
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2.2.1 Automated Workstations
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2.2.2 Pipettes
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2.2.3 Dispensers
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2.2.4 Burettes
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2.2.5 Others
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2.3 By Application
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2.3.1 Drug Discovery
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2.3.2 Cancer and Genomics Research
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2.3.3 Clinical Diagnostics
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2.3.4 Other Applications
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2.4 By End User
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2.4.1 Pharmaceutical and Biotechnology Industry
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2.4.2 Contract Research Organization
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2.4.3 Academic Institutes
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2.4.4 Others
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2.5 Geography
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2.5.1 North America
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2.5.1.1 United States
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2.5.1.2 Canada
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2.5.1.3 Mexico
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2.5.2 Europe
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2.5.2.1 Germany
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2.5.2.2 United Kingdom
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2.5.2.3 France
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2.5.2.4 Italy
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2.5.2.5 Spain
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2.5.2.6 Rest of Europe
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2.5.3 Asia-Pacific
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2.5.3.1 China
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2.5.3.2 Japan
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2.5.3.3 India
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2.5.3.4 Australia
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2.5.3.5 South Korea
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2.5.3.6 Rest of Asia-Pacific
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2.5.4 Middle-East and Africa
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2.5.4.1 GCC
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2.5.4.2 South Africa
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2.5.4.3 Rest of Middle-East and Africa
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2.5.5 South America
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2.5.5.1 Brazil
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2.5.5.2 Argentina
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2.5.5.3 Rest of South America
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Liquid Handling System Market Size FAQs
How big is the Liquid Handling System Market?
The Liquid Handling System Market size is expected to reach USD 4.90 billion in 2024 and grow at a CAGR of 5.84% to reach USD 6.51 billion by 2029.
What is the current Liquid Handling System Market size?
In 2024, the Liquid Handling System Market size is expected to reach USD 4.90 billion.
