The mechanical pipettes market size has demonstrated strong growth in recent years, projected to rise from $1.24 billion in 2023 to $1.32 billion in 2024, with a compound annual growth rate (CAGR) of 6.1%. The historic growth factors include a rising demand for accurate liquid handling in laboratories, a growing focus on research and development in biotechnology, the need for reliable pipetting solutions in clinical diagnostics, expanded use of mechanical pipettes in academic settings, and increased investments in pharmaceutical research activities. Looking forward, the mechanical pipettes market is anticipated to grow to $1.68 billion in 2028 at a CAGR of 6.2%. This growth in the forecast period is driven by advancements in pipetting technology that enhance precision and efficiency, a surge in genetic and genomic research activities, rising adoption of automated and digital pipetting systems, the expansion of laboratory infrastructure in emerging economies, and government funding for life science research. Key trends to watch include advancements in electronic pipettes improving user experience, growing preference for ergonomically designed pipettes to minimize user fatigue, increased adoption of multichannel pipettes for high-throughput applications, expansion of pipette calibration services for accuracy and compliance, and development of sustainable, eco-friendly pipetting solutions.
Global Mechanical Pipettes Market Key Driver
The rising demand for personalized medicine is projected to propel the growth of the mechanical pipettes market in the coming years. Personalized medicine customizes medical treatment based on individual characteristics such as genetics, lifestyle, and environment, aiming to enhance therapeutic efficacy and minimize adverse effects. The increasing demand for personalized medicine stems from advancements in genomics and biotechnology, alongside a growing acknowledgment of its potential to improve treatment outcomes and lessen side effects. Mechanical pipettes are crucial in personalized medicine for precise liquid handling in genetic testing, biomarker analysis, and the preparation of individualized treatment solutions. For example, the Personalized Medicine Coalition reported in February 2024 that the FDA approved 16 novel personalized therapies for patients with rare diseases in 2023, a notable increase from six approvals in 2022. Therefore, the rising demand for personalized medicine is driving the growth of the mechanical pipettes market.
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Global Mechanical Pipettes Market Segments
The mechanical pipettes market covered in this report is segmented –
1) By Type: Single-Channel Pipette, Multi-Channel Pipette
2) By Manufacturing Type: In-House, Contract Manufacturing Organizations (CMO)
3) By Application: Biological, Chemical, Other Applications
By Geography:The regions covered in the mechanical pipettes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the mechanical pipettes market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period.
Major Mechanical Pipettes Industry Players
Thermo Fisher Scientific Inc., Corning Incorporated, Avantor Inc., Sartorius AG, Mettler Toledo International Inc., Integra Biosciences AG, Eppendorf AG, Hamilton Company, IKA-Werke GmbH & Co. KG, Gilson Inc., DWK Life Sciences, Accumax Lab Devices Pvt. Ltd., BRAND GMBH + CO KG, AHN Biotechnologie GmbH, Microlit Industries Private Limited, Socorex Isba SA, Kartell S.p.A., OHAUS Corporation, Vistalab Technologies Inc., CAPP ApS, Scilogex LLC, Nichiryo Co. Ltd.
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Mechanical Pipettes Market Overview
Mechanical pipettes are precision laboratory instruments used to measure and transfer small volumes of liquid. They operate using a manual plunger mechanism to aspirate and dispense liquid, ensuring accurate and reproducible measurements. Commonly used in various scientific and medical research applications, mechanical pipettes are essential tools for tasks requiring high precision and reliability.
Mechanical Pipettes Global Market Report 2023 provides data on the global mechanical pipettes market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The mechanical pipettes market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
