Growing Awareness of Automated Liquid Handling Systems is projected to drive the Market's Growth Rate

The awareness of the use of automatic liquid handling systems in clinical diagnostic is also growing. These systems release researchers from long, repetitive, laborious tasks, and free up time for other assays, lab reports, and other lab duties. Robotic arms distribute accurate measurements of liquids to vessels, such as microtiter plates, and change out plates or tubes, thus streamlining workflow. Statistics from American Heart Association indicate that about 2,300 Americans die of cardiovascular diseases each day, an average of 1 death every 38 seconds, thus indicating the need to treat them and find a solution via clinical diagnostics research.​ Thus, due to the availability of different types of automatic liquid handling products and due to many benefits & applications of automatic liquid handling the awareness of automatic liquid handling is growing, and this growing awareness acts as a driver for the global automatic liquid handling market.

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Data Bridge Market Research analyses that the automated liquid handling market is expected to grow at a CAGR of 8.2% in the forecast period of 2021 to 2028 and is expected to reach USD 1,802.23 million by 2028. The early acoustic liquid handling platforms could only support a limited set of liquid and container types, recent design improvements mean that modern systems are compatible with a much broader range of liquids. These systems enable ultra-high-throughput applications and allow researchers to accomplish more at considerably lower costs, without compromising on quality. Thus, the increasing development of acoustic liquid handling platforms which enable faster processing, is driving the market growth.

Surge in Drug Discovery Activities Globally is expected to drive the market's growth rate

The increase in the incidences of infectious diseases and chronic diseases such as cancer and diabetes is rising demand for efficient drugs. The demand is driving for an efficient drug that can treat diseases at a faster pace. Also, demand is created for precision medicine. According to WHO, the number of people with diabetes rose from 108 million in 1980 to 422 million in 2019. Prevalence has been rising more rapidly in low- and middle-income countries than in high-income countries. And cancer is a leading cause of death worldwide, accounting for nearly 10 million deaths in 2020. An estimated 17.9 million people died from CVDs in 2019, representing 32% of all global deaths. Of these deaths, 85% were due to heart attack and stroke. The rising incidences of infectious diseases and research activities are expected to increase drug development activities across the world. Drug development is a complicated procedure that requires a long duration and is an expensive procedure integrated with a high degree of improbability that a drug will succeed. Therefore, the development and integration of medical devices and information technologies have enabled automated equipment innovation. As a result, the increasing drug development cases directly increases the automated liquid handling system.

Report Scope and Market Segmentation

Segment Analysis:

The global automatic liquid handling market is segmented into seven notable segments which are based on product, type, procedure, modality, application, end-user, and distribution channel.

• On the basis of product, the automatic liquid handling market is segmented into automated liquid handling workstations, reagents and consumables and others. In 2021, the automated liquid handling workstations segment is expected to dominate the market growing with the CAGR of 8.4%

The automated liquid handling workstations segment is expected to dominate the market growing with the CAGR of 8.4%

In 2021, the automated liquid handling workstations segment is expected to dominate the market growing with the CAGR of 8.4% in the forecast period of 2021 to 2028 due to rising awareness regarding the use of automated liquid handling workstations.

• On the basis of type, the automatic liquid handling market is segmented into automated and semi-automated liquid handling systems. In 2021, the automated liquid handling systems segment is expected to dominate the automatic liquid handling market growing with the CAGR of 8.6% in the forecast period of 2021 to 2028 due to the growing demand for miniature process equipment.
• On the basis of procedure, the automatic liquid handling market is segmented into serial dilution, plate reformatting, plate replication, PCR setup, high throughput screening, cell culture, whole genome amplification, array printing, and others. In 2021, the PCR setup segment is expected to dominate the automatic liquid handling market growing with the CAGR of 9.0% in the forecast period of 2021 to 2028 due to rapid diagnosis by using the PCR setup.
• On the basis of modality, the automatic liquid handling market is segmented into disposal tips and fixed tips. In 2021, the disposable tips segment is expected to dominate the market growing with the CAGR of 8.4% in the forecast period of 2021 to 2028 due to technological advancements in liquid handling robotics.
• On the basis of application, the automatic liquid handling market is segmented into drug discovery, genomics, clinical diagnostics, proteomics and others. In 2021, the genomics segment is expected to dominate the market growing with a CAGR of 8.6% in the forecast period of 2021 to 2028 due to increasing government funding for genomic research activities across the globe.
• On the basis of end user, the automatic liquid handling market is segmented into biotechnology and pharmaceutical industries, research institutes, hospitals and diagnostic laboratories, academic institutes, and other end users. In 2021, the biotechnology and pharmaceutical industries segment is expected to dominate the market growing with the CAGR of 9.0%

The biotechnology and pharmaceutical industries segment is expected to dominate the market growing with the CAGR of 9.0%

In 2021, the biotechnology and pharmaceutical industries segment is expected to dominate the market growth with the CAGR of 9.0% in the forecast period of 2021 to 2028 due to growing research and development expenditure in the pharmaceutical and biopharmaceutical industry and innovations in oncology, autoimmune, and diabetes treatments.

• On the basis of distribution channel, the automatic liquid handling market is segmented into direct tender, retail sales, and third-party distributor. In 2021, the direct tender segment is expected to dominate the market growing with the CAGR of 8.5% in the forecast period of 2021 to 2028 due to increasing government funding for research activities.

 Major Players

Data Bridge Market Research recognizes the following companies as the major automated liquid handling market players in automated liquid handling market are Abbott (U.S.), bioMérieux (France), BD (U.S.), Danaher (U.S.), Thermo Fisher Scientific Inc., (U.S.), Siemens (Germany), Agilent Technologies, Inc, (U.S.), Merck KGaA (Germany),  Fluidigm (U.S.). QIAGEN (Germany), Bio-Rad Laboratories, Inc. (U.S.), Cytiva (U.S.), Stryker (U.S.), Johnson & Johnson Private Limited (U.S.), Smith+Nephew (U.K.) and Bruker (U.S.).

Market Development

• In February 2020, Analytik Jena Gmbh launched the TOC Analysis of Solid and Liquid Samples in One Device. This is highly automated and without complex adjustments.
• In December 2020, AutoGen Inc. launched NeXTRACT 48, a fully automated workflow for extracting viral DNA and RNA. The product is designed to rapidly extract viral DNA and RNA from various VTM, UVT, and sputum samples.
• In October 2020, PerkinElmer, Inc. launched the fully automated liquid handling sample preparation and LC/MS/MS analysis workflow for pesticide residue testing of cannabis and hemp flower samples.
• In September 2020, AutoGen Inc. launched a new vortex module upgrade to FlexSTAR workflows. FlexSTAR workflows are fully automated instruments for isolating genomic DNA from large volumes of whole blood, buffy coats, saliva, cultured cells, and other samples.
• In May 2019, AutoGen Inc. launched a new fully automated workflow, the XTRACT 16+. This product provides fast, high-quality DNA or RNA from all molecular diagnostic, biological, clinical, and forensic sample types.

Impact of COVID-19 on the Automatic Liquid Handling Market

The coronavirus outbreak has become a global public health emergency and has largely increased the requirement for highly accurate, error-free, and automatic liquid handling instruments or solutions to screen the COVID-19 virus. The rising incidence of COVID-19 cases and the increasing number of patients who require proper diagnosis are increasing the demand for automatic liquid handling and will boost the growth of the market.   The demand for automatic liquid handling has increased during the COVID as nucleic acid amplification using PCR is required to diagnose SARS-CoV-2. Hence, PCR automation eliminates the significant risk of human error on results and reduces the need for a large group of highly skilled technicians. Moreover, the coronavirus is life-threatening, and a proper and accurate diagnosis on time is crucial. Automatic liquid handling can prove to be a wise solution for that. It is a contagious disease and can be spread easily via droplet particles, the necessity for diagnosis of positive cases has increased to ensure prompt care of the affected individual and to curb the further spread of coronavirus in the population. Hence, with the ongoing COVID-19 pandemic, the demand for automatic liquid handling has increased tremendously and is expected to boost the market's growth. For instance, In May 2021, According to Hudson Robotics, PCR automation is used as a modem solution for COVID-19 testing as liquid handling robots give accurate results with minimum cost and with multiple samples in 15 minutes.

Additionally, the key players are largely focused on the research and development for automatic liquid handling instruments even during the pandemic. Manufacturers have been expecting a boost in their market as demand for automatic liquid handling instruments such as PCR or real-time PCR has increased with the spread of coronavirus. The increasing demand for automatic liquid handling instruments, tools, kits, software, and services is expected to propel the growth of the global automated liquid handling market. The demand for automated liquid handling is increasing in every industry, encouraging the manufacturers to offer new products in the market to attract more customers. Additionally, the manufacturer is trying to gain funding to produce automatic liquid handling and is continuously engaged in launching new products to gain a competitive market share. As a result of the increased product demand and surge in funding, the pandemic had an overall positive impact on the automatic liquid handling market.

Regional Analysis

Geographically, the countries covered in the automated liquid handling market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

As per Data Bridge Market Research analysis:

North America is the dominant region in automated liquid handling market during the forecast period

North America dominated the automated liquid handling market due to  increasing awareness of automated liquid handling systems. North America will continue to dominate the automated liquid handling market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period due to the increasing healthcare expenditure.

Asia-Pacific is estimated to be the fastest-growing region in automated liquid handling market

Asia-Pacific is expected to grow during the forecast period due to the highest number of automated liquid handling providers in this region. In addition, the growing presence of major market players and rising disposable income are expected to propel the market's growth rate in this region.

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