The global automated liquid handling market size was US$ 1,021.1 million in 2021. The global automated liquid handling market is forecast to grow to US$ 2,371.9 million by 2030 by registering a compound annual growth rate (CAGR) of 8.9% during the forecast period from 2022 to 2030.
Automated liquid handling (ALH) systems are used to handle liquids and provide accurate and reproducible results. In addition, these systems eliminate the complexity in clinical and research settings.
Factors Influencing the Market
COVID-19 Impact Analysis
The global automated liquid handling market registered a fairly positive response due to the wake of the COVID-19 pandemic. The COVID-19 pandemic upsurged the demand for efficient systems that process specimens faster with high accuracy. As a result, the demand for automated liquid handlers and robotics increased abruptly. Apart from that, the contribution of automated liquid handling system manufacturers and increased customizations in the instruments escalated the growth of the market. Market players also unveiled innovative strategies to expand their product portfolio. For instance, Hamilton Company and Zymo Research Corporation inked a partnership in 2020 to launch MagEx STARlet assay-ready workstation with Quick-DNA/RNA Viral MagBead Kit protocol. Thus, such strategies have significantly contributed to the growth of the global automated liquid handling market.
Regional Analysis
North America is forecast to hold the highest market share in the automated liquid handling market, owing to the growing adoption of the ALH system. In addition to that, the rising demand for advanced ALH systems and the contribution of one of the largest pharmaceutical and biotech companies will significantly benefit this regional market.
The Asia-Pacific automated liquid handling market is projected to register significant growth due to the growing awareness related to ALH systems in the region. Furthermore, the growing R&D sector and favorable investments by government bodies will accelerate the growth of the automated liquid handling market during the study period.
Leading Competitors
Scope of the Report
The global automated liquid handling market segmentation focuses on Type, Modality, End-Users, and Region.
By Type
By Modality
By Procedure
By End-User
By Region