Comprehensive Analysis On Size, Share, And Drivers Of The Automated Liquid Handling Systems Market
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The automated liquid handling systems market has witnessed robust growth, attributed to several key factors:
- High demand for precision and accuracy in liquid handling
- Increasing automation in laboratories
- Rising adoption of personalized medicine
- Expansion of drug discovery and development
- Cost and time efficiency
The Growth Trajectory
- Market size projected to increase from $3.65 billion in 2023 to $3.92 billion in 2024
- Expected to reach $5.27 billion by 2028, at a CAGR of 7.7%
Factors Driving Growth
- Acceleration of Drug Discovery Processes
- Demand for high-throughput screening
- Expansion of research in genomics and proteomics
- Global Expansion
- Adoption in emerging markets
- Focus on improving reproducibility and data quality
- Technological Trends
- Adoption of high-throughput systems
- Integration of robotic arms
- Development of miniaturized systems
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Advancements In Automated Liquid Handling
- Focus on dual-core pipetting technology for accuracy and precision
- Example: Launch of apricot DC1 by SPT Labtech
SPT Labtech Expands Liquid Handling Portfolio
- Acquisition of Apricot Designs in February 2021
- Strengthened automation solutions for various scientific fields
Market Segmentation
- By Type
- Automated Liquid Handling System
- Semi-automated Liquid Handling System
- By Application
- Drug Discovery And ADME-Tox Research
- Cancer And Genomic Research
- Bioprocessing Or Biotechnology
- Other Applications
- By End User
- Contract Research Organizations
- Pharmaceutical and Biotechnology
- Academic and Research Institutes
Regional Insights
- North America: Largest market in 2023
- Asia Pacific: Fastest-growing region in the forecast period
Conclusion
The automated liquid handling systems market is poised for substantial growth, driven by the surge in chronic diseases, technological advancements, and expanding applications across various industries. With companies continually innovating and expanding their portfolios, the market is set to evolve rapidly, catering to the increasing demands of accuracy, throughput, and efficiency in laboratory operations.
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