Factors that drive the growth of the global automated liquid handling market include rise in adoption of ALH in emerging countries, technological advancements in ALH systems, and surge in demand for miniature process equipment. However, high costs of instruments and complex operability of advanced ALH are expected to hinder the market growth. Conversely, untapped potential of emerging markets the lucrative growth of the market.
The automated liquid handling market was valued at $960.98 million in 2020, and is estimated to reach $2.4 Billion by 2030, growing at a CAGR of 9.4% from 2021 to 2030.
Automated liquid handling (ALH), a class of medical devices that dispenses a selected quantity of reagents, samples and other liquids to a designated container. Automated liquid handling instruments are used in laboratories for drug discovery, forensics, materials science, molecular biology, clinical research, and pharmaceutical development.
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Coronavirus (COVID-19) was discovered in late December, 2019, in Hubei province of Wuhan city in China. The disease is caused by a virus, namely, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), which is transmitted among humans. Testing for COVID-19 has been an ongoing bottleneck in the fight against COVID-19. Overall, the impact of COVID-19 on the automated liquid handling industry was recorded to be fairly positive. This was attributed to increase in customizations of automated liquid handling systems by different automated liquid handling suppliers specifically for work related to coronavirus. For instance, in April 2020, Hamilton Company and Zymo Research Corporation announced that they have collaborated and launched MagEx STARlet assay-ready workstation with Quick-DNA/RNA Viral MagBead Kit protocol to extract pure DNA/RNA from the novel coronavirus, SARS-CoV-2. The jointly developed automated solution offers significant advantages compared to manual processing of samples via traditional time-consuming methods such as spin columns.
COVID-19 Scenario
- The outbreak of COVID-19 has had a positive impact on the growth of the global automated liquid handling market, owing to the surge in need to process specimens faster in the laboratory for research purposes regarding COVID-19 virus.
- Thus, rise in customizations of automated liquid handling systems by different automated liquid handling suppliers, especially for coronavirus related works, positively impacted the market.
On the basis of end user, the biotechnology & pharmaceutical companies segment dominates the market and is expected to grow at a CAGR of 8.9% during the forecast period. Increase in use and application of ALH systems to carry out high throughput screening in the biotechnology & pharmaceutical industry is expected to boost the market growth.
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The key players of the market analyzed in the global automated liquid handling market include Corning Incorporated, Danaher Corporation (Beckman Coulter Inc.), Eppendorf AG, Gilson, Inc., Hamilton Company, AgilentTechnologies, Inc. (Biotek Instruments, Inc.), Aurora Biomed Inc., Mettler-Toledo International Inc., Perkinelmer, Inc., Tecan Group Ltd.
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