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Premium Report Details
Base Year: 2022
Companies covered: 11
Tables & Figures: 438
Countries covered: 30
Pages: 180
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Liquid Handling Systems Market
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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.
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.
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.