PIPETTES AND ACCESSORIES MARKET REPORT OVERVIEW
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The global pipettes and accessories market size was USD 1150.6 million in 2019 and the market is projected to touch USD 1348.6 million by 2026, exhibiting a CAGR of 2.3% during the forecast period.
Pipettes and Accessories are fundamental laboratory tools employed for accurate liquid handling and dispensing across diverse scientific and medical settings. Specifically crafted for precise measurement and transfer of small liquid volumes, these instruments come in various types such as air-displacement and positive-displacement pipettes, each tailored to meet specific requirements in laboratory applications.
Essential elements of pipettes and associated accessories may encompass adaptable volume configurations, user-friendly ergonomic designs, and a variety of tip choices. Accessories for pipettes commonly comprise disposable tips, stands for pipettes, calibration tools, and maintenance kits, all aimed at guaranteeing the effective operation of these instruments.
COVID-19 Impact: Increased Demand for Diagnostic Testing among Population to Fuel Market Growth
The heightened demand for COVID-19 testing, encompassing PCR and other diagnostic techniques, has resulted in an upswing in the need for pipettes and associated accessories. These tools play a crucial role in precisely managing liquid samples within diagnostic laboratories.
The global pandemic has caused disruptions in supply chains, affecting the manufacturing and distribution processes of pipettes and accessories. Delays in the production and transportation of these instruments could potentially result in shortages, influencing market dynamics.
LATEST TRENDS
"Automation and Robotics Integration, Ergonomic Design and User-Friendly Features to Drive Market Growth"
Laboratories are progressively integrating automated liquid handling systems, such as robotic pipettes, to streamline repetitive and time-intensive tasks. This adoption of automation serves to minimize the risk of human errors in pipetting, ensuring precision and reproducibility in experiments and analyses. Furthermore, automation facilitates high-throughput screening, enabling the swift processing of substantial sample volumes. This capability is particularly advantageous in applications like drug discovery, genomics, and clinical diagnostics, where the efficient analysis of a large number of samples is essential. Manufacturers of pipettes are emphasizing ergonomic designs and integrating user-friendly features to enhance comfort during extended use and improve the overall experience for users.
PIPETTES AND ACCESSORIES MARKET SEGMENTATION
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- By Type
Based on type the global pipettes and accessories market can be categorized into Manual Pipettes, Electronic Pipettes, and Accessories.
Manual Pipettes: Hand-operated manual pipettes are conventional handheld tools managed by laboratory personnel. Employed for precise liquid volume measurements across diverse applications, these instruments are appreciated for their straightforwardness, cost-effectiveness, and adaptability in routine laboratory procedures. Available in a range of volume capacities, manual pipettes serve as versatile tools in scientific tasks.
Electronic Pipettes: Electronic pipettes, also known as e-pipettes, integrate electronic functionalities to enable precise and automated liquid handling. Equipped with adjustable settings, programmable modes, and ergonomic designs aimed at improving user experience, these pipettes are preferred for their capacity to minimize manual exertion, enhance accuracy, and facilitate intricate pipetting protocols.
Accessories: Within the pipettes and accessories market, accessories cover a spectrum of supplementary items. This encompasses disposable tips to maintain hygiene and prevent cross-contamination, pipette stands for organized accessibility, calibration tools for ensuring precision, and maintenance kits for sustaining the performance of pipetting instruments. The significance of these accessories lies in their pivotal role in enhancing the functionality and extending the lifespan of pipettes.
- By Application
Based on application the global pipettes and accessories market can be categorized into Hospitals, Academic and Research Institute, Pharmaceutical and Biotechnology Companies, and Others.
Hospitals: Pipettes and accessories are essential components in hospital settings, particularly in diagnostic and clinical laboratories. These instruments are instrumental in accurately handling liquids for tasks including sample preparation, diagnostic testing, and a range of medical analyses. The precision of pipettes is paramount for ensuring trustworthy and dependable medical results.
Academic and Research Institute:Pipettes play a significant role in laboratories within academic and research institutions, where they are widely employed for experimental work and various research projects. These applications encompass tasks such as DNA sequencing, protein analysis, and routine liquid handling activities. The precision offered by pipettes is indispensable for ensuring the accuracy and reliability of scientific investigations.
Pharmaceutical and Biotechnology Companies: Within the pharmaceutical and biotechnology industry, pipettes stand as essential instruments for functions ranging from drug discovery and development to quality control. These tools play a crucial role in accurately measuring and dispensing reagents and samples, thereby guaranteeing the precision required for critical experiments and analyses in these sectors.
Others: The category labeled as "Others" can include diverse settings like industrial laboratories, environmental testing facilities, and food testing laboratories. Pipettes are applied across a spectrum of fields where precise liquid handling is fundamental for tasks such as research, testing, and quality assurance processes.
DRIVING FACTORS
"Increasing Research and Development Activities to Boost the Market"
The ongoing expansion of research and development endeavors, especially in the life sciences, biotechnology, and pharmaceutical sectors, fuels the pipettes and accessories market growth for pipettes and accessories. These instruments play a pivotal role in diverse laboratory experiments and analyses, contributing significantly to the overall market expansion.
"Rising Demand for Clinical Diagnostics to Expand the Market"
The increasing requirement for accurate liquid handling in clinical diagnostics, encompassing DNA testing, pathology, and various medical analyses, is a substantial driver for the demand for pipettes and associated accessories.
RESTRAINING FACTOR
"High Initial Costs to Potentially Impede Market Growth"
Acquiring advanced pipetting instruments, particularly electronic and automated pipettes, can present a financial challenge for smaller laboratories or those operating with constrained budgets due to the high initial investment costs involved.
PIPETTES AND ACCESSORIES MARKET REGIONAL INSIGHTS
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"North America Region Dominating the Market is driven by the ongoing research endeavors"
In North America, notably the United States, a market-leading laboratory infrastructure that is both well-established and technologically advanced contributes to a consistent demand for pipettes and accessories. This demand is primarily steered by ongoing research endeavors, advancements in the pharmaceutical sector, and the requirements of clinical diagnostics, collectively reflecting a substantial pipettes and accessories market share in the region.
KEY INDUSTRY PLAYERS
"Key Industry Players Shaping the Market through advancements in liquid handling technology"
Leading participants in the Pipettes and Accessories market encompass well-established entities alongside innovative contributors, acknowledged for their market influence, inventive product offerings, and roles in molding industry directions. Gilson stands out as a notable figure in the laboratory equipment sector, providing an array of pipettes and liquid handling solutions. Renowned for its precision-driven pipetting instruments and advancements in liquid handling technology, the company has made significant contributions to the field.
List of Market Players Profiled
- Thermo Fisher Scientific (U.S.)
- Eppendorf AG (Germany)
- Hamilton Company (U.S.)
- Sartorius AG (Germany)
- Gilson (U.K.)
INDUSTRIAL DEVELOPMENT
September 2023: It aids businesses in recognizing the primary factors propelling the industry forward and the obstacles it faces, offering valuable strategies and tactics to effectively address them. Ultimately, it empowers readers to maintain a competitive edge and make informed investment choices.
REPORT COVERAGE
The future demand for pipettes and accessories market is covered in this study. The Research report includes the Increased Demand for Diagnostic Testing due to the Covid-19 Impact. The report covers the latest trends in Automation and Robotics Integration. The paper includes a segmentation of the pipettes and accessories market. The research paper includes the driving factors that are Rising Demand for Clinical Diagnostics to Fuel Market Growth. The report also covers information on Regional Insights where the region which has emerged leading market for pipettes and accessories.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 1150.6 Million in 2019 |
Market Size Value By |
US$ 1348.6 Million by 2026 |
Growth Rate |
CAGR of 2.3% from 2019 to 2026 |
Forecast Period |
2019-2026 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the pipettes and accessories market expected to touch by 2026?
The global pipettes and accessories market is expected to reach 1348.6 million by 2026.
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What CAGR is the pipettes and accessories market expected to exhibit by 2026?
The pipettes and accessories market is expected to exhibit a CAGR of 2.3% by 2026.
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Which are the driving factors of the pipettes and accessories market?
Increasing Research and Development Activities, and Rising Demand for Clinical Diagnostics are some of the driving factors of pipettes and accessories market.
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What are the key pipettes and accessories market segments?
The key Pipettes and Accessories market segmentation that you should be aware of, which include, Based on type the pipettes and accessories market is classified as Manual Pipettes, Electronic Pipettes, and Accessories. Based on application pipettes and accessories market is classified as Hospitals, Academic and Research Institute, Pharmaceutical and Biotechnology Companies, and Others.