The mechanical pipettes global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Mechanical Pipettes Market, 2024 The mechanical pipettes global market report 2024
Market Size –
The mechanical pipettes market size has grown strongly in recent years. It will grow from $1.24 billion in 2023 to $1.32 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to rising demand for accurate liquid handling in laboratories, increasing focus on research and development in biotechnology, growing need for reliable pipetting solutions in clinical diagnostics, expanding use of mechanical pipettes in academic institutions and increasing investments in pharmaceutical research activities.
The mechanical pipettes market size is expected to see strong growth in the next few years. It will grow to $1.68 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%.
The growth in the forecast period can be attributed to advancements in pipetting technology improving precision and efficiency, the surge in genetic and genomic research activities, rising adoption of automated and digital pipetting systems, expansion of laboratory infrastructure in emerging economies and government funding and grants for life science research. Major trends in the forecast period include technological advancements in electronic pipettes enhancing user experience, growing preference for ergonomically designed pipettes to reduce user fatigue, increasing adoption of multichannel pipettes in high-throughput applications, expansion of pipette calibration services ensuring accuracy and compliance and development of sustainable and eco-friendly pipetting solutions.
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Scope Of Mechanical Pipettes Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Mechanical Pipettes Market Overview
Market Drivers –
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.
Market Trends –
Major companies operating in the mechanical pipettes market are focusing on technological developments such as trilock volume locking systems to gain a competitive advantage. The trilock volume locking system allows precise control over pipette volume settings through three distinct positions: free adjustment, light ratchet adjustment, and a fully locked position for secure pipetting. For instance, in June 2022, Gilson Incorporated, a US-based manufacturer of laboratory products, launched MyPIPETMAN with new technical and customizable features. The latest MyPIPETMAN mechanical pipettes are offered in two primary models MyPIPETMAN Select and MyPIPETMAN Enterprise. MyPIPETMAN Select is a globally available, ready-to-order catalog pipette, featuring a lightweight and well-balanced design with a textured handle for enhanced grip. Its patented advancements include reduced pipetting forces, decreased tip ejection forces, and the innovative Trilock system. This product offers unique features, such as text printing directly on the pipette for easy identification and a secure lock system to prevent accidental volume changes.
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
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Regional Insights –
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.
Key Companies –
Major companies in the 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.
Table of Contents
1. Executive Summary
2. Mechanical Pipettes Market Report Structure
3. Mechanical Pipettes Market Trends And Strategies
4. Mechanical Pipettes Market – Macro Economic Scenario
5. Global Mechanical Pipettes Market Size and Growth
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32. Global Mechanical Pipettes Market Competitive Benchmarking
33. Global Mechanical Pipettes Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Mechanical Pipettes Market
35. Mechanical Pipettes Market Future Outlook and Potential Analysis
36. Appendix
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