Liquid Handling System Market

Thermo Fisher Scientific (US) and Danaher Corporation (US) are Leading Players in the Liquid Handling System Market

The global liquid handling systems market is expected to reach USD 5.1 billion by 2026 from USD 4.0 billion in 2021, at a CAGR of 5.1% during the forecast period. The growth of this market is majorly driven by industrial growth in the pharma-biotech sector, rising R&D expenditure by biopharma companies, and growing life science research, supported by a favorable funding scenario. However, the slow adoption of automation among small and medium-sized laboratories may restrain the market growth.

The liquid handling system market is highly consolidated and is dominated by various players. The major players operating in this market are Thermo Fisher Scientific (US), Danaher Corporation (US), Mettler-Toledo International Inc. (US), Eppendorf AG (Germany), Agilent Technologies, Inc. (US), Lonza Group Ltd. (Switzerland), Tecan Group Ltd. (Switzerland), PerkinElmer, Inc. (US), QIAGEN (Netherlands), Brooks Automation Inc. (US), Sartorius AG (Germany), Hamilton Company (US), SPT Labtech Ltd. (UK), Corning Incorporated (US), Gilson Incorporated (US), Greiner Bio-One international GMBH (Germany), HiTec Zang GMBH (Germany), TOMTEC (US), Metrohm A.G (Switzerland), Gardner Denver (US), Endress+Hauser (Sweden), Hudson Robotics (US), Integra Biosciences Ltd. (Switzerland), Brand GmbH & Co. KG (Germany), and Orochem Technologies Inc. (US).

Thermo Fisher Scientific Inc.

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Thermo Fisher Scientific accounted for the largest share of 25–30% of the liquid handling systems market in 2020. The company invested USD 1.4 billion in R&D activities in 2021 (3.58% of the total revenue). Thermo Fisher’s extensive R&D enables the company to enhance its technology, software, and service capabilities. A significant focus on R&D activities also helps the company provide innovative products and maintain and improve its competitive position in the liquid handling market space. With its broad product portfolio, strong marketing efforts, and wide geographic presence, the company is expected to grow at a high rate in the liquid handling market during the forecast period

Danaher Corporation

Danaher Corporation is an important player in the liquid handling market. Its subsidiary Beckman Colter offers analytical instruments, reagents, and consumables. In 2020, the company spent USD 1,348 million on R&D. Furthermore, it is focused on opportunities to extend its global reach and advance its technology; in 2021, around 64.2% of Danaher’s sales were derived from customers outside North America. This highlights its strong presence and focus on high-growth markets across Eastern Europe, the Middle East, Africa, Latin America, and Asia.

Related Reports:

Liquid Handling System Market by Product (Pipettes, Consumables, Microplate Reagent Dispensers, Liquid Handling Workstations, Burettes, Microplate Washers, Software), Type, Application, End User and Region - Global Forecast to 2026

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Liquid Handling System Market Size,  Share & Growth Report
Report Code
AST 5442
RI Published ON
3/21/2022
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