What Is The Overview Of The Global Pipettes, Pipettors, And Accessories Market?
Pipettes, pipettors, and accessories are essential laboratory tools used for the precise and accurate measurement, transfer, and dispensing of liquids. Pipettes are devices that draw and release specific volumes of liquid, while pipettors are the handheld or automated instruments that operate pipettes. Accessories include items such as pipette tips and calibration tools that enhance the functionality and accuracy of pipettes and pipettors in various scientific and clinical applications.
Pipettes, Pipettors, And Accessories Global Market Report 2024 provides data on the global pipettes, pipettors, and accessories market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The pipettes, pipettors, and accessories market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
What Are The Forecasted Market Size And Growth Rates For Global Pipettes, Pipettors, And Accessories ?
The market for pipettes, pipettors, and accessories has experienced robust growth in recent years, expanding from $2.92 billion in 2023 to an estimated $3.09 billion in 2024, with a compound annual growth rate (CAGR) of 5.8%. Factors driving this historical growth include increased demand for precision in laboratory experiments, a rising focus on pharmaceutical and biotechnology research, advancements in laboratory automation, greater investment in research and development across industries, and the growing prevalence of chronic diseases. The market is anticipated to grow further, reaching $3.88 billion by 2028 at a CAGR of 5.9%. This future growth is attributed to the integration of digital technologies for enhanced accuracy, a shift toward multi-channel pipettes for high-throughput processes, the development of eco-friendly designs, a focus on personalized medicine, and higher investments in healthcare infrastructure. Key trends include ergonomic and smart pipettes, advancements in pipetting technology, increased adoption of automation, and expansion in the pharmaceutical and biotechnology sectors.
What Factors Are Driving Growth In The Pipettes, Pipettors, And Accessories Market?
The growing number of laboratories is expected to drive the expansion of the pipettes, pipettors, and accessories market. Laboratories are essential for conducting scientific research and diagnostic testing, and as their numbers increase due to the rising demand for research and medical services, the need for precision equipment like pipettes will grow. For example, the UK government is investing heavily in diagnostic services, with plans to establish 160 community diagnostic centers by 2025, which will enhance testing capacity. This trend supports the demand for laboratory equipment.
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What Are The Main Segments Of The Global Pipettes, Pipettors, And Accessories Market?
The pipettes, pipettors, and accessories market covered in this report is segmented –
1) By Product Type: Pipettes, Pipettors, Accessories
2) By Material: Glass, Plastic, Stainless Steel
3) By Volume Capacity: Fixed-Volume, Variable-Volume, Multi-Channel
4) By End User: Hospitals, Laboratories, Academic And Research Institutes, Pharmaceutical And Biotechnology Companies, Other End-Users
What Emerging Trends Are Influencing The Growth Of The Pipettes, Pipettors, And Accessories Market?
Several companies in the pipettes, pipettors, and accessories sector are introducing innovative products like large-volume pipette tips to maintain their competitive edge. These specialized attachments allow pipettes to handle and dispense larger volumes of liquid, offering precise measurements and improved efficiency in high-volume liquid tasks. For example, in July 2024, GenFollower Biotech Co. Ltd., a Chinese company, launched 5 ml large-volume pipette tips with enhanced clarity and accuracy, featuring transparent construction and high-quality graduations to facilitate accurate liquid measurement and reduce errors in laboratory settings.
What Is The Largest Region In The Pipettes, Pipettors, And Accessories Market?
North America was the largest region in the pipettes, pipettors, and accessories market in 2023. The regions covered in the pipettes, pipettors, and accessories market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
