Pipette Controllers Market Size (2024 - 2029)

Pipette Controllers Market Analysis

The Pipette Controllers Market size is estimated at USD 210.40 million in 2024, and is expected to reach USD 244.82 million by 2029, growing at a CAGR of 3.07% during the forecast period (2024-2029).

• Factors driving the market growth include increasing R&D activities and the advantages associated with electric pipette controllers. The healthcare industry is observing a huge rise in R&D activities to address several challenges associated with the rising prevalence of various diseases. Globally, the disease burden is shifting from infectious diseases to chronic conditions, with a corresponding escalation in the burden of cancer.
• Also, the increasing research and development funding likely increases research activities and is expected to propel the market to grow. For instance, as per the European Federation of Pharmaceutical Industries and Associations (EFPIA) report 2022, the pharmaceutical R&D expenditure in Europe was estimated to be EUR 41,500 million (USD 49.07 billion) in 2022, compared to EUR 39,656 million (USD 46.84 billion) in the previous year. This shows the increasing R&D expenditure, which is expected to increase the research activities in the pharmaceutical industry and is likely to propel the market during the forecast period.
• In addition, the adoption of various pipette controllers in research activities is expected to boost the market. For instance, the report published by Rapid Test Methods Ltd in June 2022 stated that the University of Bayreuth's biophysics research group has been using Integra's Pipetboy acu 2, one of the most widely used pipette controllers, to prepare buffers, media, and samples for its cell culture workflows, streamlining culture set-up, splitting, and media exchange. This adoption of pipette controllers in research studies increases usage and is expected to lead to significant growth in the market during the forecast period.
• The strategic activities of the market players, such as product launches, mergers, and acquisitions, are expected to contribute to market growth over the forecast period. For instance, in December 2022, Brandtech Scientific presented a new corporate identity with an updated look. Operating as a pivotal member of the Brand Group, Brandtech Scientific Inc. stands as the primary supplier of dependable, top-tier laboratory solutions under the banners of Brand, Vacuubrand, and Vitlab products across the United States and Canada. The company's extensive product offerings span various laboratory solutions, encompassing essential items such as pipette controllers.
• Similarly, in July 2022, Pipette.com added new serological pipettes and controllers to the e-commerce platform. Pipette.com is a facility that calibrates and repairs all pipette brands and models.
• However, the need for more skilled personnel is a major hindrance to the growth of the market during the forecast period.

Pipette Controllers Industry Segmentation

Pipette controllers are generally augmented with an easy-to-use volume control mechanism that permits precise fluid intake and delivery. These devices can be used with glass or plastic pipettes to increase accuracy, enabling a better outcome.

The pipette controllers market is segmented by type of product, end user, and geography. By type of product, the market is segmented into manual and electrical/battery-powered. By end user, the market is segmented into the pharmaceutical industry, biotechnology industry, and other end users. By geography, the market is segmented as North America, Europe, Asia-Pacific, Middle East and Africa, and South America. The report also covers the estimated market sizes and trends for 17 countries across major regions globally.

The report offers the value (USD) for the above segments.