Automated liquid handling systems are laboratory instruments that are used to accurately handle and transfer liquids. They help process a high volume of liquid samples efficiently without human intervention. Some key applications of automated liquid handling systems include drug discovery, genomics research, diagnostic testing, and clinical research. They enable life science researchers to conduct multi-step, complex bioassays with improved reproducibility and speed. The systems automate pipetting, diluting, mixing, dispensing and transferring of reagents, samples and plates in laboratories. Common product types include standalone benchtop liquid handlers, individual benchtop pipettes, and large automated platforms integrated with robots.

The global automated liquid handling systems market is estimated to be valued at US$ 5.34 billion in 2024 and is expected to exhibit a CAGR of 4.7% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

The growing R&D spending in the pharmaceutical and biotechnology industries has boosted the demand for automated liquid handling equipment to enhance productivity and efficiency of research processes. In addition, automation helps reduce pipetting errors and eliminate repetitive tasks that can cause injuries to lab technicians and researchers in the long run.

Market Dynamics:

One of the key drivers for the growth of the automated liquid handling systems market is the increasing adoption in the pharmaceutical industry. Pharma companies are automating drug discovery and research processes involving liquid reagents and samples to streamline workflows and optimize use of resources. Automated systems ensure consistent, accurate and reproducibility of experimental results at scale. The other driver referred from the heading is the increasing R&D spending in the pharmaceutical and biotechnology industries. Rising investments in development of novel drugs, vaccines and therapies have prompted research facilities and CROs to procure advanced liquid handling equipment to support high-throughput screening and analysis. Automation helps improve the productivity of R&D processes and enable scientists to conduct experiments involving a large number of compounds and samples simultaneously.

Segment Analysis

The automated liquid handling systems market can be classified into standalone, individual benchtop liquid handling workstations and robotic systems. Standalone systems dominate the market as they are more affordable than robotic systems and suitable for laboratories performing a moderate volume of repetitive liquid handling tasks. These systems offer flexibility and ease of use for basic liquid handling needs.

PEST Analysis

Political: Regulations regarding laboratory automation and spending on R&D are influencing the market growth. Various governments worldwide are promoting life sciences research.

Economic: The market is witnessing positive growth driven by growing pharmaceutical and biotechnology industries, increasing R&D investment, and focus on developing personalized medicine.

Social: Advantages such as improved accuracy and productivity, reduced lab work hazards and errors are boosting adoption of these systems across various end-users.

Technological: Advancements including upgraded software, miniaturization, integration of additional functionalities are expanding applications of these systems. Touchscreen interfaces are improving usability.

Key Takeaways

The global automated liquid handling systems market share is expected to witness high growth over the forecast period driven by factors such as increasing demand for high-throughput screening, growing focus on developing personalized medicine, rising R&D expenditure in biotechnology and pharmaceutical industries. The global automated liquid handling systems market is estimated to be valued at US$ 5.34 Mn in 2023 and is expected to exhibit a CAGR of 4.7% over the forecast period 2024 to 2031.

North America dominates the market currently due to large presence of pharmaceutical and biotechnology companies in the region and growing focus on developing targeted therapies. Asia Pacific is anticipated to witness fastest growth owing to increasing government initiatives to promote life sciences research and rising healthcare expenditure in the region.

Key players operating in the automated liquid handling systems market are BHP Billiton Group, Jinduicheng Molybdenum Co., American CuMo Mining, Thompson Creek metals, Moly Metal LLP, and ENF Ltd. BHP Billiton Group offers a wide range of robotic and standalone systems catering to diverse liquid handling needs across industries.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it