Liquid Handling Systems Market – Insights
Liquid handling systems range from simple volumetric pipettes to robotic assisted liquid handling workstations integrated with cloud-based software, which are specially designed to transfer desired volumes of liquids in various life science experiments. Liquid handling systems has applications in biological sample preparation and handling, serial dilution, cell-based assays, chemical and medicine manufacturing, genomic extraction, microarray spotting, next generation gene sequencing, protein crystallization, and others. Furthermore, these systems consist of indispensable tools that constitutes a broad range of application in clinical diagnostics, pharmaceutical, and biotechnological drug discovery. The liquid handling systems lowers the risk of sample contamination, increase accuracy, and reduce processing time of the experiments. Moreover, increasing number of experimental procedures with high throughput screening, where liquid handling systems perform a vital role in analyte transfer is expected to be a major factor fueling market growth.
The global liquid handling systems market was valued at US$ 2,302.3 million in 2017 and is expected to witness a CAGR of 6.6% over the forecast period (2018 – 2026).
Figure 1. Global Liquid Handling Systems Market Value (US$ Mn), by Region, 2017
Source: Coherent Market Insights (2018)
Factors such as increasing investments in research and technology as well as rising adoption of automation in life science laboratories are expected to significantly contribute to the growth of the liquid handling systems market. Human-driven lab processes are being replaced by robotic and other automated devices for performing the same tasks with greater accuracy, enhanced reproducibility and sensitivity, and reduced error risks. Moreover, various startup companies are working towards integrating biology-specific software and programing language-based handling in automated lab tasks. For instance, in 2012, Transcriptic, a California-based start-up developed a cloud-based lab service that was made up of over 20 devices, including pipetting systems and plate readers that are combined to perform large-scale experiments with the help of a programing command. Furthermore, pharmaceutical companies are consistently increasing research and development as well as outsourcing research activities to academic and private research institutes, which is leading to the increasing number of new laboratory set-ups. This, in turn increases the demand for liquid handling systems and fosters the market growth. For instance, in September 2016, Biocon’s contract research arm, Syngene International, established a multi-disciplinary development center and drug discovery research laboratory for Amgen in Bengaluru, named the Syngene Amgen Research and Development Center (SARC). However, advanced liquid handling workstations for medical settings are unaffordable by emerging economies and small-scale laboratories due to its high cost, which in turn is a major factor hampering the market growth. However, development of cost-effective liquid handling workstations for micro-volumes of samples could provide highly opportunistic scenario for new as well as established market players to capitalize upon, considering the potential growth of automation assisted laboratory assisted workstations. For instance, in January 2013, LabCyte, Inc. introduced Echo liquid handler product family, which is capable of performing liquid transfers in the microliter range at the Annual Society for Laboratory Automation and Screening Conference.
North America liquid handling systems market holds a dominant position in the global market. This is attributed to the rapid development and launch of novel tissue automatic and robotic assisted liquid handling workstations. For instance, in January 2014, Hamilton Robotics introduced NIMBUS PCR Workstation, which is a compact and affordable pipetting workstation that enables fast and flexible assay setup for endpoint, real-time, qPCR or multiplex PCR. Moreover, in October 2014, NanoScreen LLC, a global industry leader in automated liquid handling products for the life sciences, introduced ORION liquid handling workstation that is a flexible, multi-format, high precision pipetting robot designed to meet the liquid handling needs of today’s laboratories Moreover, Asia Pacific liquid handling systems market is expected to witness significant growth over the forecast period, as the biopharmaceutical giants conducting clinical trial research in Asian countries due to easy patient recruitment and highly skilled professionals to conduct research experiments are resulting in rising number of research laboratories being set up in the Asian countries leading to the market growth. For instance, in March 2017, Herbalife Company partnered with Syngene to establish a new R&D lab at Bangalore, India.
Market players are engaging in innovative product launches to sustain their position in the global liquid handling systems market
Key players in the market are focused on expansion of their presence through launch of new liquid handling systems, tools, and instruments worldwide. For instance, in October 2017, Qiagen launched a next-generation DNA testing automated workflow in collaboration with International Commission of Missing Persons (ICMP) for DNA identification through Qiagen’s instruments and consumables for DNA extraction, liquid handling, and others. Moreover, in January 2016, PerkinElmer, Inc. introduced Janus, Operetta, and Chemagic line of liquid handling workflow stations that focused on improving speed and effectiveness of life science research processes. Key players operating in the global liquid handling systems market include Qiagen N.V., Danaher Corporation, PerkinElmer, Inc., Thermo Fisher Scientific, Inc., Eppendorf AG, Sartorious AG, Merck KGaA, and Agilent Technologies.