How is the Automated Liquid Handling Technologies Market Growing?

How is the Automated Liquid Handling Technologies Market Growing?

Technology is the way of the future, particularly for laboratories in various industries. Many laboratories have begun to feel the advantages of transitioning to automated liquid handling. In fact, so many laboratories are making the change that by the forecast period of 2032.

Managing liquids is crucial in all pharmaceutical and biotechnology enterprises, hospitals and diagnostic laboratories, research organizations, academic institutions, and other settings. The systems can be used in laboratories for various purposes, including genomics, drug discovery, proteomics, clinical diagnostics, etc.

The global automated liquid handling technologies market was valued at USD 1,864.10 million in 2022 and is expected to reach USD 5,172.60 Million By 2032, growing at a CAGR of 10.8% during the forecast period.

What is Liquid Handling?

The act of moving a liquid from one location to another is known as liquid handling. Most laboratory experiments worldwide are based on moving fluids from one place to another. In the laboratory, there are various ways to transport liquid. Using a liquid handler is another option besides doing it manually.

Moreover, compared to manual pipetting, a liquid handler offers several benefits:

  • Improved reproducibility
  • Increased throughput
  • Fewer repeated stress injuries to people, and d
  • Defense against dangerous or contagious samples

What is Driving the Market Growth?

The increased demand in the Asia Pacific region due to increased vaccine production while COVID and increased government and pharmaceutical company investment in vaccine production across emerging nations like India and China will likely be the main driver of the global market.

The industry is driven by the rising demand for customizable medication discovery, which may be employed with systematic reagents to conduct experiments without surface tension and foaming and is generally operationally and economically efficient.

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Automated Liquid Handling Workstations has the Largest Share

Due to the increased use of automated workstations and the growing interest among biopharma companies in creating treatments for incurable diseases, the automated liquid handling technologies workstations sector had the biggest automated liquid handling technologies market share. Automated workstations are divided into assembly and type categories based on how well their applications support market expansion.

The Pharmaceutical and Biotechnological Hold the Largest Share

Due to the growing implementation of automated liquid handling technologies to create various pharmaceuticals and drug testing throughout the healthcare sector, the pharmaceutical and biotechnology segment is anticipated to dominate the market over the forecast period. The industry has grown due to the increasing demand to disperse diverse liquid samples over numerous substrates of different sizes.

Regional Overview

North America is currently the largest region for automatic liquid handling technology and is anticipated to grow quickly throughout the projected period. Demand is also increasing during the projected period due to the expanding healthcare sector's need for research and development and the abundance of skilled workers in the automatic liquid handling industry.

Furthermore, due to an increasing understanding of the benefits of automated liquid handling (ALH), powerful investments in healthcare infrastructure, and an increase in the prevalence of chronic diseases, Asia Pacific is anticipated to be the second-largest region for automated liquid handling technologies during the forecast period.

Wrap Up

In summary, most health and life science laboratories use liquid handling technologies as their foundation, causing the automated liquid handling technologies market to flourish

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