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Liquid Handling System Market size was worth USD 3.5 billion in 2022 and is poised to record substantial growth at 5.7% CAGR from 2023-2032, driven by the increasing demand for high-throughput screening in several applications in scientific research.
The growing emphasis by researchers to analyze vast libraries of compounds or biomolecules quickly and accurately has spurred the higher need for automated liquid-handling solutions to minimize human errors. In response, several pharmaceutical companies, academic institutions, and biotech firms are investing in liquid handling systems to expedite their R&D efforts. The increasing integration of automation, precision, and high-throughput capabilities in liquid handling systems will further augment the market outlook. For instance, in May 2023, Opentrons, a leader in lab automation, presented Opentrons Flex robot, the NextGen easy-to-program and economical liquid-handling robots for laboratories of all sizes to deliver advanced lab automation to researchers.
Report Attribute | Details |
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Base Year: | 2022 |
Liquid Handling Systems Market Size in 2022: | USD 3.5 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 5.7% |
2032 Value Projection: | USD 6.2 billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 180 |
Tables, Charts & Figures: | 438 |
Segments covered: | Type, Product, Application, End-use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Lack of skilled labor with the technical know-how to operate liquid handling equipment may pose some negative impact on the market expansion. Automated liquid handling systems and full-scale workflow stations are complicated and thus demand to be operated by trained personnel. However, the rising efforts undertaken by market participants on creating innovative, simple-to-use devices may assist the market expansion. For instance, in August 2023, Roche Diagnostics announced on making automation a significant area of focus while working on completely automated mass spectrometry apparatus.
The COVID-19 pandemic positively influenced the demand for liquid handling solutions due to the challenges faced by clinical laboratories and biopharmaceutical companies while operating healthcare systems. The growing focus on boosting R&D and testing capacity accelerated the need for fluid handling systems. Many medical facilities in the European region also embraced the Danish-made Flowbot One pipetting robot to automate the coronavirus testing procedures. Furthermore, researchers, scientists, and professional individuals worldwide were involved in the development of COVID-19 vaccines and treatments, driving the product adoption in laboratories.
Significant scientific research in automated liquid handling systems is expected to considerably fuel market growth. Lately, manufacturers are focused on improving automated pipetting systems through R&D initiatives. For instance, in February 2022, SPT Labtech, a leader in laboratory automation for life sciences, launched the apricot DC1, a 4-in-1 automated liquid handling platform. The continuous innovations in automated pipette sensors to assist laboratories in streamlining their routine semi- or manually operated pipetting procedures across applications will also fuel the market progress.
Manual liquid handling system market size is anticipated to expand at 5.3% CAGR from 2023-2032. The growth is attributed to the low cost and reduction in sample processing times offered by manual liquid handling systems in diagnostic facilities, biotechnology firms, and research institutions. The growing R&D investments has pushed numerous pharmaceutical companies to emphasize more on drug development. For instance, ClinicalTrials.gov reported 452,604 clinical studies, as of May 2023. Furthermore, the ongoing research investigations will drive the adoption of manual liquid handling systems, fueling the segment expansion.
Liquid handling system market size from the automated workstation segment is anticipated to record 6.7% CAGR from 2023-2032. This is driven by widespread product usage by increasing number of biotech and research firms due to the scarcity of skilled laboratory experts. For example, in 2021, around 6,600 biotech businesses in the U.S. employed therapeutics as the most prevalent field in the biotech landscape. Furthermore, the rising necessity for continuous quality library prep and better throughput has prompted industry participants to address these requirements, in turn, adding to the market growth. For instance, in July 2023, Revvity introduced FontusTM Automated Liquid Handling Workstation, a next-generation liquid handler designed to deliver easier and faster workflows for improved outcomes in diagnostic studies.
Liquid handling system market size from the drug discovery segment is expected to generate more than USD 2.2 billion by the end of 2032 owing to the rising burden of broad range of diseases and the increasing usage of high throughput screening for better drug candidate identification. The COVID-19 pandemic also spurred the number of research activities for drug discovery for the treatment of infectious diseases. The rising advancements in lab automation, integration with data analytics, and miniaturization of assays coupled with the increasing focus on personalized medicine and novel therapies will add to the segment expansion.
North America liquid handling systems market size is anticipated to reach over USD 2 billion by 2032. The rising burden of diseases and the higher R&D expenditures are major factors driving the market expansion. According to the American Cancer Society, 1.9 million new cancer cases were reported in the U.S. in 2022. The strong presence of well-known companies, such as Agilent Technologies, Inc. along with the thriving clinical trials for the treatment of cancer will support the regional industry growth.
The competitive landscape of the liquid handling system market includes:
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By Type, 2018 - 2032 (USD Million)
By Product, 2018 - 2032 (USD Million)
By Application, 2018 - 2032 (USD Million)
By End-use, 2018 - 2032 (USD Million)
The above information is provided for the following regions and countries: