Automated liquid handling systems are equipment used for precise pipetting, mixing, dosing, serial diluting, array assembly and liquid transfer of samples, reagents or assay plates. They offer benefits like high accuracy and precision, minimal risk of cross-contamination, higher productivity and reduced cost of operation. Growing adoption of lab automation technologies across industries like healthcare, pharmaceutical, biotech and chemical to enhance productivity and minimize human errors is driving the demand for automated liquid handling systems. The global Automated Liquid Handling Systems Market is estimated to be valued at US$ 4.63 Bn in 2023 and is expected to exhibit a CAGR of 8.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Adoption of lab automation is witnessing strong growth driven by growing demand for high-throughput screening (HTS) and high content screening (HCS). Automated liquid handling systems help improve the efficiency and throughput of HTS and HCS laboratories by enabling rapid dispensing of sample in assay plates as well as providing accurate and reproducible pipetting. They eliminate manual errors and free up lab personnel for more critical tasks. This is fueling investments in advanced liquid handling systems thereby propelling the market growth over the forecast period.
SWOT Analysis
Strength: Automated liquid handling systems offer increased throughput, reduced errors, and consistency in pipetting across labs compared to manual liquid handling. They provide precise and repeatable results.
Weakness: Initial installation and setup costs of automated liquid handling systems are high. Requires trained personnel for operation and maintenance.
Opportunity: Growing demand from biotech and pharmaceutical industries for high-throughput screening. Increasing R&D investments in life sciences will drive the need for automation.
Threats: Competition from alternative technologies like microfluidics chips. Economic slowdowns can negatively impact R&D spending and new system procurement.
Key Takeaways
The Global Automated Liquid Handling Systems Market Size is expected to witness high growth over the forecast period of 2023 to 2030. The market size for 2023 is estimated to be US$ 4.63 Bn with a projected CAGR of 8.0% through 2030.
Regional analysis: North America is currently the largest and fastest growing regional market for automated liquid handling systems driven by presence of major pharmaceutical companies and R&D spending. Asia Pacific is expected to dominate the market in the coming years owing to increasing research activities in countries like China and India.
Key players operating in the automated liquid handling systems market are Ingersoll Machine Tools Inc., Automated Dynamics, M.Torres Industrial Designs, SAU, Electroimpact Inc., MIKROSAM, Accudyne Systems, Inc., Fives, Coriolis Composites. These players are focusing on new product launches and strategic collaborations to gain market share.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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