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Liquid Handling Systems Market Size

Report ID: GMI2963
Published Date: Aug 2023
Report Format: PDF

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Liquid Handling Systems Market Size

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.

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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.

Liquid Handling Systems Market Report Attributes
Report Attribute	Details
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:	Growing R&D and clinical trials worldwide Increased demand for high-throughput screening Technological advancements related to automated liquid handling systems
Pitfalls & Challenges:	High cost and complexity Lack of skilled labor in developing countries

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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.

Authors: Mariam Faizullabhoy , Shishanka Wangnoo

Frequently Asked Questions (FAQ) :

Liquid handling system industry size was worth USD 3.5 billion in 2022 and is poised to record 5.7% CAGR from 2023-2032, driven by the increasing demand for high-throughput screening in scientific research.

Manual segment is anticipated to expand at 5.3% CAGR from 2023-2032 attributed to the advantages of low costs and reduction in sample processing times.

North America liquid handling system market is projected to expand at notable pace and reach over USD 2 billion by 2032 driven by the rising burden of diseases and continued R&D expenditures in the region.

Some of the top companies engaged in the liquid handling system industry are Beckman Coulter, Agilent Technologies, Thermo Fisher Scientific, Sartorius AG, Aurora Biomed Ltd., and Gilson Inc. among others.