How Has the Mechanical Pipettes Market Size Evolved in Recent Years?
The mechanical pipettes market has seen considerable growth due to a variety of factors.
• The mechanical pipettes market has shown strong growth in recent years. It is projected to increase from $1.32 billion in 2024 to $1.4 billion in 2025, at a CAGR of 6.4%.
The growth is driven by the rising demand for accurate liquid handling in laboratories, increased focus on research and development in biotechnology, growing need for reliable pipetting solutions in clinical diagnostics, expanding use in academic institutions, and more investment in pharmaceutical research.
What Is The Forecast For The Mechanical Pipettes Market Size?
The mechanical pipettes market is expected to maintain its strong growth trajectory in upcoming years.
• The mechanical pipettes market is expected to grow to $1.78 billion by 2029 at a CAGR of 6.1%.
This growth is driven by advancements in pipetting technology, an increase in genetic and genomic research, the adoption of automated pipetting systems, expanding laboratory infrastructure in emerging economies, and government funding for life sciences. Trends include technological advancements in electronic pipettes, growing demand for ergonomically designed pipettes, the rise of multichannel pipettes, expanded pipette calibration services, and sustainable pipetting solutions.
What Are The Essential Drivers Behind The Growth Of The Mechanical Pipettes Market?
The demand for personalized medicine is expected to boost the mechanical pipettes market. Personalized medicine tailors treatments based on individual genetics, lifestyle, and environment, optimizing treatment outcomes. The growth of personalized medicine is fueled by advancements in genomics and biotechnology. Mechanical pipettes are crucial in processes like genetic testing and biomarker analysis. In February 2024, the Personalized Medicine Coalition reported that the FDA approved 16 novel personalized therapies for rare diseases in 2023, marking an increase from the previous year, indicating the sector's growth.
How Is The Global Mechanical Pipettes Market Divided Into Key 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
Subsegments:
1) By Single-Channel Pipette: Fixed Volume Pipettes Or Variable Volume Pipettes
2) By Multi-Channel Pipette: 8-Channel Pipettes Or 12-Channel Pipettes Or 16-Channel Pipettes
3) By Other Multi-Channel Pipettes
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How Are New Trends Impacting The Size Of The Mechanical Pipettes Market?
Leading companies within the mechanical pipettes sector are concentrating on innovative advancements such as trilock volume locking mechanisms to achieve competitive edge. The trilock volume locking function provides detailed command over the volume setup of the pipette via three specific positions: open modification, minor ratchet modification, and a fully secured place for safe pipetting. For example, in June 2022, Gilson Incorporated, an American laboratory products manufacturer, introduced MyPIPETMAN with fresh technological and customisable features. The new MyPIPETMAN mechanical pipettes come in two main models, namely MyPIPETMAN Select and MyPIPETMAN Enterprise. MyPIPETMAN Select is a globally accessible, ready-to-order catalogue pipette model, with a lightweight, well-balanced structure and a textured handle aimed at improving grip. Its patented improvements include lesser pipetting forces, reduced tip ejection forces, and the groundbreaking Trilock system. This product introduces unique features like the ability to print text directly on the pipette for easy identification, and a safe lock system to avoid unintended volume adjustments.
Who Are the Key Players In The Mechanical Pipettes Market?
Major companies operating in the mechanical pipettes market are:
• 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.
What Are The Regional Insights Into The Mechanical Pipettes Market?
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. The regions covered in the mechanical pipettes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
