What Transformation Has the Pipette Tips Market Undergone?
The pipette tips market has seen considerable growth due to a variety of factors.
•In recent times, there has been significant growth noted in the pipette tips market size. This market is projected to expand from $2.28 billion in 2024 to $2.46 billion in 2025, with a compound annual growth rate (CAGR) of 7.8%.
The notable growth during the historic period is ascribed to factors such as the expansion of life sciences research, rising demand for diagnostic testing, enhanced laboratory quality assurance, technological advancements in biotechnology, and increased activities centered around drug discovery and development.
How Will The Pipette Tips Market Size Evolve In The Foreseeable Future?
The pipette tips market is expected to maintain its strong growth trajectory in upcoming years.
• The market for pipette tips is predicted to witness robust growth in the coming years, with an estimated value of "$3.44 billion by 2029. This implies a compound annual growth rate (CAGR) of 8.7%.
The potential expansion during the forecast period can be ascribed to elements such as the burgeoning expansion of life sciences, the escalating demand in point-of-care testing, an upsurge in molecular diagnostics, worldwide attentiveness to health pandemics, and rigorous regulatory norms. Notable trends expected during this period include the rise of online sales and e-commerce platforms, the enforcement of rigorous quality standards and regulations, the worldwide effects of pandemics, collaborations and partnerships, and market consolidation.
Which Drivers Are Accelerating Growth In The Pipette Tips Market?
The pipette tips market is projected to grow due to the increase in the number of healthcare services. These services encompass various healthcare facilities like hospitals for acute care, urgent care centers, rehabilitation facilities, and nursing homes along with other long-term care facilities. Pipettes, which play a fundamental yet crucial role in hospitals, are utilized to accurately transfer liquids in microliter quantities. They are also employed for purposes like DNA amplification, molecular screening, ELISA (diagnostic test), and kinetic studies. For example, The American Hospital Association, a trade group for the healthcare industry based in the US, reported in May 2023, the total number of hospitals experienced a sharp rise from 6,093 in 2022 to 60,129 in 2023. Additionally, there was an increase in admissions in community hospitals from 31,393,318 in 2022 to 31,967,073 in 2023. Therefore, the growth in healthcare services is fuelling the market for pipette tips.
What Are The Core Segments Of The Global Pipette Tips Market?
The pipette tips market covered in this report is segmented –
1) By Product: Standard, Filtered, Low-Retention, Other Products
2) By Technology: Robotic, Non-Robotic
3) By Application: Diagnostics And Healthcare, Pharma And Biotech, Academia And Education, Other Applications
Subsegments:
1) By Standard: Non-Sterile Tips, Sterile Tips, Universal Fit Tips
2) By Filtered: Low-Filter Tips, High-Filter Tips, RNase And DNase-Free Filtered Tips
3) By Low-Retention: Hydrophobic Low-Retention Tips, Coated Low-Retention Tips, Non-Coated Low-Retention Tips
4) By Other Products: Extended Length Tips, Wide-Bore Tips, Gel Loading Tips, Conductive Tips
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Which Emerging Trends Are Reshaping The Pipette Tips Market Size?
The key players within the pipette tips market are concentrating on the release of innovative items such as large-volume pipette tips to meet the surging need for more precise and effective lab instruments. The term large-volume pipette tips pertains to specially made tips capable of holding and releasing greater amounts of fluid, which is commonly utilized in lab environments for tasks needing exact measurement and allocation of larger solutions. For instance, GenFollower Biotech CO. LTD., a firm based in China that specializes in manufacturing, unveiled two kinds of 5mL large volume pipette tips in July 2024. These freshly launched tips are highly compatible with pipettes from GILSON, Rainin UNV, Eppendorf, DragonLab, LABSERV, and Sartorius. Made of medical-grade polypropylene, these new tips offer outstanding clarity for effortless fluid monitoring. Accurate and clear markings on these tips guarantee accurate sample quantification, thus significantly improving efficiency in labs.
Who Are the Key Players in the Pipette Tips Market?
Major companies operating in the pipette tips market include:
• Eppendorf
• Mettler Toledo
• Thermo Fisher Scientific
• Sartorius AG
• Biotix Inc
• Corning Incorporated
• Greiner Group AG
• Canadian Association of Petroleum Producers.
• Sarstedt
• Brand GmbH
• Analytik Jena GmbH
• Integra Holding AG
• Labcon SCIENTIFIC INSTRUMENTS P LTD
• Sacorex ISBA SA
• Tecan Trading AG
• Mettler-Toledo Rainin LLC
• Gilson SOFTWARE SOLUTIONS LLC
• Hamilton Company
• Bio-Rad Laboratories Inc.
• VWR International
• Starlab Scientific Co. Ltd.
• AHN Biotechnologie GmbH
• Sorenson BioScience
• USA Scientific
• Greiner Bio-One International GmbH
• Tecan Group Ltd.
• Sarstedt AG & Co.
• Crystalgen Inc.
• Socorex Isba SA
• Drummond Scientific Company
What are the Regional Insights into the Pipette Tips Market?
North America was the largest region in the pipette tips market in 2024. The regions covered in the pipette tips market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
