Automated liquid handling systems are high-precision instruments used to dispense and transfer liquid samples between multiwell plates, tubes and flasks. These systems help improve testing accuracy and consistency while reducing contamination risks. They are widely used by biotechnology and pharmaceutical companies engaged in drug discovery, genomics and proteomics research. The key advantages of automated liquid handling systems are increased productivity due to parallel processing capability, superior accuracy of liquid volumes dispensed or handled and reduced human error. With the growing focus on developing personalized medicines based on genomic and proteomic insights, demand for these precision liquid handling instruments is expected to surge over the coming years.
The global Automated Liquid Handling Systems Market is estimated to be valued at US$ 4.63 Bn in 2023 and is expected to exhibit a CAGR of 5.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends gaining traction in this market is the growing adoption of automated liquid handling systems integrated with robotics, artificial intelligence and cloud connectivity. This is allowing for new capabilities in high-throughput screening, compound management and assay development. Another major trend is the shift towards miniaturized liquid handling solutions designed for lower volume requirements of next-generation sequencing, liquid biopsies and microfluidics applications. Leading players are focusing on development of systems that can operate standalone as well as integrate into existing laboratory automation infrastructure. The rising demand for fully-automated, walk-away solutions supporting multi-step protocols is also prompting innovations centered around extended workflow automation.
Porter’s Analysis
Threat of new entrants: Low capital requirements and absence of proprietary technology pose low threat of new entrants. However, presence of few large players makes entry difficult.
Bargaining power of buyers: Buyers have moderate bargaining power due to availability of substitute techniques for liquid handling. However, innovations curb switching to alternatives.
Bargaining power of suppliers: Suppliers of components and parts have low bargaining power due to supply of commoditized, undifferentiated products. Switching costs are low.
Threat of new substitutes: Substitutes like manual liquid handling are being replaced by advanced automated systems due to improved accuracy and productivity. Threat of substitution is low.
Competitive rivalry: Global market is consolidated with few large players. Intense competition on pricing and quality maintains competitive pressure.
Key Takeaways
Global Automated Liquid Handling Systems Market Demand is expected to witness high growth, exhibiting CAGR of 5.8% over the forecast period, due to increasing demand for miniaturization and automation in pharmaceuticals and biotechnology industry. North America dominated the market in 2023 owing to growth in pharmaceutical and biotechnology industries in the US. However, Asia Pacific region is estimated to register fastest growth due to increasing R&D spending in pharmaceutical companies and focus on achieving efficiency.
Key players operating in the automated liquid handling systems are Agilent Technologies, Bio-Rad Laboratories, Corning Incorporated, and Labcyte Inc. Regional analysis Growth in pharmaceutical and biotechnology industries has been a major factor driving demand for automated liquid handling systems in North America. The region accounted for around 35% share of the global market in 2023. However, Asia Pacific is estimated to witness highest CAGR during the forecast period due to increasing R&D investments by pharmaceutical players to develop novel drug molecules in countries such as China and India.
Key players analysis
Key players operating in the automated liquid handling systems are Agilent Technologies, Bio-Rad Laboratories, Corning Incorporated, Labcyte Inc., and Perkin Elmer Inc. Agilent Technologies offers a wide range of automated liquid handling solutions for various applications in genomics, diagnostics, drug discovery and pharmaceutical research. Bio-Rad Laboratories provides products like Biomek automated workstations for fluid transfer and distribution applications. Corning Incorporated offers automated liquid handlers through itsAcquisition Corporation brand to facilitate miniaturization and improve productivity. Labcyte Inc. provides hybrid acoustic liquid handling instrumentation and Echo 550 for drug discovery.Perkin Elmer Inc. offers JANUS integrated workstations and MultiPROBE II for automating laboratory protocols.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it