Liquid Handling System Market Size and Share Analysis by Type (Electronic Liquid Handling System, Automated Liquid Handling System, Manual Liquid Handling System), Product (Pipettes, Consumables, Microplate Reagents Dispensers, Liquid Handling Workstations, Burettes, Microplates Washers, Software), Application (Drug Discovery, Genomics, Clinical Diagnostics, Proteomics), End Users (Biotechnology & Pharmaceutical Companies, Research Institutes, Hospitals & Diagnostics Laboratories, Academic Institutes) - Global Industry Demand Forecast to 2030

Market Overview

The global liquid handling system market was valued at USD 4,692 million in 2022, which is expected to reach USD 6,521 million by 2030, progressing with a CAGR of 4.20% during 2022–2030. The growth is attributed to the booming life sciences industry, increasing prevalence of chronic diseases, and rising investment by companies for developing innovative and effective therapeutic agents.

Moreover, due to the pandemic, the demand for these products drastically increased throughout the world. These systems were utilized during all types of laboratory work that was carried out during the testing of COVID-19 samples. Additionally, the spur in the count of clinical trials of vaccines and other kinds of promising treatments increased the demand for such systems.

Emerging economies, such as China and India, are offering lucrative opportunities to drug manufacturers and other life sciences companies. For instance, in May 2022, Pfizer Inc. opened an R&D center at IIT Madras Research Park, Chennai, India, to advance pharmaceutical research in the country.

Automated System Demand Projected To Grow Faster

The demand for automated systems is forecast to increase faster in the coming years. Such variants reduce the need for manpower and provide accurate dispensing. Moreover, the increasing R&D investment by drug manufacturers and life science companies and the strong government support for the establishment of advanced research centers are playing a pivotal role in the growth of the category.

Moreover, the launch of new automated liquid handling equipment is driving the market during the forecast period. For instance:

• SPT Labtech launched firefly for NGS in March 2022.
• In June 2022, Analytik Jena GmbH launched new interchangeable pipetting heads for its CyBio FeliX automated liquid handling platform.

The manual category also holds a significant share in the market, and it will grow with a robust CAGR during the forecast period. In developing countries, such as India, China, and Brazil, the smaller laboratories still prefer manual systems over automated or digital ones, due to the former’s low cost and ease of use.

Pipettes Hold Largest Share in the Market

In 2022, pipettes held the largest share, of more than 21%, in the liquid handling system market, and this trend will be maintained throughout the forecast period. It is due to the increase in the number of pipette calibration service providers and the introduction of advanced pipettes. For instance, in May 2022, Eppendorf Corporate opened the Sophisticated Pipette Laboratory and Service Hub (SPLASH) in Chennai.

The dispenser category also holds a significant share, due to the introduction of advanced dispensing systems. Sartorius’s rLINE robotic liquid handling dispenser is one such advanced product. It provides accurate and reliable sample processing with its electronic braking system, DC motor, optical sensor, conductive robotic tips, and liquid level sensor.

Drug Discovery Generated Highest Revenue

Liquid handling systems are the most frequently used for making drug discoveries, which is why this category held a major share in 2022. More than 20,000 drugs under development are expected to be launched in the coming years. Liquid handling systems hold high importance in each stage of the drug discovery process. Moreover, companies are focusing on capacity expansions for discovering drugs.

The clinical diagnostics category holds the second-largest share, primarily due to the increasing prevalence of chronic diseases. Liquid handling systems are widely used at diagnostic centers and even the diagnostic laboratories at hospitals.

Growing Life Sciences Industry Is Key Driving Force

Liquid handling systems have a wide variety of applications in the life sciences industry. They are used in research activities for drug discovery & development, toxicity screening, biopharmaceutical production, drug screening, tissue engineering, and forensic testing, to name a few. The active participation of government organizations in making the life sciences sector more organized is a key driving factor for this industry. The grants offered are used for research on health, climate change, synthetic biology, and sustainable bioresource management.

Moreover, the remarkable growth in genomic profiling and analysis has given access to numerous avenues in the pharmaceutical and diagnostic sectors, especially in the area of precision medicine. Similarly, the widespread use of NGS in diagnostic laboratories has enhanced the accuracy of genetic testing with high consistency. Genomic study in healthcare research is one of the key applications of the NGS, where advanced techniques are being used for predictive genetic testing and prenatal diagnosis.

Mergers & Acquisitions Are Foremost Trend

The increasing number of mergers and acquisitions is one of the major trends being observed in the market. The objective of this strategic development is an increase in the share for companies, their geographical expansion, enrichment of their product portfolios, and the achievement of a larger customer base.

Some of the recent mergers & acquisitions are:

• In August 2022, Copia Scientific LLC acquired Atlantic Lab Equipment.
• In April 2022, Advanced Instruments LLC announced plans to acquire Artel.

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North America Holds Largest Revenue Share

North America held the largest share, of around 36%, in 2022 due to the increasing number of mergers & acquisitions among biotechnology companies. Moreover, the growing pharmaceutical and biotechnology industries are having a positive impact on the market growth. Moreover, companies are investing in the consumer healthcare business to develop effective therapies.

The U.S. market is predicted to generate a significant revenue by 2030, growing at a CAGR of around 4.5% during the forecast period. This can be mainly attributed to the presence of a large number of major healthcare device and pharmaceutical companies and the increase in the need for the proper management and stabilization of pharmaceutical and biotechnical production processes.

Moreover, European market generated a significant growth in 2022. This regional market is significantly supported by the rising awareness of the DNA’s medical significance, ample financial capacity to purchase pricey tools, and favorable reimbursement policies. Numerous cutting-edge applications in studies, including genotyping, expression analysis, and molecular diagnostic testing, may present opportunities for the market players in the region.

Additionally, government bodies are increasingly investing in the development of advanced labs, in partnership with numerous research institutes and organizations, because they provide important genetic insights into the nature of diseases. The growing demand for liquid handling solutions and increasing government funding for R&D in Europe are the main factors driving this market. The rising use of personalized medicine and diagnostics and the latest genetics-enhancing technology and the lessons learned from genetic sequencing are also driving the region's market growth.

Moreover, the APAC region is projected to witness the fastest growth, at a CAGR of over around 5.1%, during the forecast period, attributed to the rise in the investments in the field of biotechnology. In APAC, the Chinese market held the largest revenue share in 2022, and it is projected to progress at a significant CAGR during the forecast period. This is mainly due to a large number of R&D activities underway in the life sciences industry in the country.

Japan has contributed significantly to the APAC market as well. The country is witnessing collaborations among various industry participants and stakeholders, such as the International Nucleotide Sequence Database Collaboration (INSDC) between the European Bioinformatics Institute (EMBL-EBI), the National Centre of Biotechnology Information (NCBI) in the U.S., and the DNA Data Bank of Japan (DDBJ). The DDBJ provides share data from life science research and analyzes it.

India will witness considerable market growth in this region as it is investing massively in the advancement of its healthcare and medical research ecosystems. The country is home to a highly heterogeneous population and genetic diversity, which also contribute to the high prevalence of recessive alleles, often translating into genetic diseases, including rare diseases. Thus, to reduce the burden of these diseases and accelerate their diagnosis and management, the government is planning to speed up research in the field with various projects.

LATAM is comparatively a small market for liquid handling systems, and it is set to witness moderate growth during the forecast period. The growing biotechnology industry and, consequently, the increasing use of analytical technologies and the rising R&D expenditure by the pharmaceutical companies in the region have been driving the growth of the LATAM market.

The MEA market holds the smallest share in the global market, and it will witness significant growth during the forecast period. The increasing requirement for customized medicines, technological advancements, and increasing financing for proteomics ventures are driving the MEA market.

Biggest Companies Providing Liquid Handling Systems Are:

• Thermo Fisher Scientific Inc.
• Eppendorf AG
• SPT Labtech Ltd.
• INTEGRA Biosciences AG
• PerkinElmer Inc.
• Danaher Corporation
• Lonza Group Ltd.
• HiTec Zang GMBH
• Bio-Rad Laboratories Inc.
• Mettler-Toledo International Inc.

Market Size Breakdown by Segment

The study uncovers the biggest trends and opportunities in the liquid handling system market, along with offering segmentation analysis at the granular level for the period 2017 to 2030.

Based on Type

• Electronic Liquid Handling System
• Automated Liquid Handling System
• Manual Liquid Handling System

Based on Product

• Pipettes
• Consumables
• Microplate Reagents Dispensers
• Liquid Handling Workstations
• Burettes
• Microplates Washers
• Software

Based on Application

• Drug Discovery
• Genomics
• Clinical Diagnostics
• Proteomics

Based on End Users

• Biotechnology & Pharmaceutical Companies
• Research Institutes
• Hospitals & Diagnostics Laboratories
• Academic Institutes

Geographical Analysis

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
• Asia-Pacific
  • Japan
  • China
  • India
  • South Korea
  • Australia
• Latin America
  • Brazil
  • Mexico
• Middle East and Africa
  • Saudi Arabia
  • South Africa
  • U.A.E.