Overview and Scope
Pipettes and accessories refer to a range of laboratory tools and supplementary items designed for precise measurement, transfer, and handling of liquid samples. Pipettes are devices used to draw up and dispense specific volumes of liquid, critical for experiments in biological, chemical, and medical research. Accessories enhance the functionality and accuracy of pipettes.
Sizing and Forecast
The pipettes and accessories market size has grown strongly in recent years. It will grow from $1.35 billion in 2023 to $1.42 billion in 2024 at a compound annual growth rate (CAGR) of 5%. The growth in the historic period can be attributed to increased demand for precise laboratory instruments, growth in pharmaceutical research, rise in prevalence of chronic diseases, increased need for high-throughput screening, increased demand for precise liquid handling, increased funding for life sciences, and expansion of clinical and diagnostic labs.
The pipettes and accessories market size is expected to see strong growth in the next few years. It will grow to $1.73 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to increasing demand for precision in laboratory research, growing clinical diagnostics, rising focus on environmental testing, expanding biopharmaceutical R&D, growing investment in life sciences, and rising demand for personalized medicine. Major trends in the forecast period include increasing demand for automated liquid handling systems, advancements in ergonomic designs, rising adoption of electronic pipettes, expanding use of multi-channel pipettes in high-throughput screening, development of eco-friendly and recyclable pipette tips, and integration of IoT and AI for enhanced laboratory efficiency.
Order your report now for swift delivery, visit the link:
https://www.thebusinessresearchcompany.com/report/pipettes-and-accessories-global-market-report
Segmentation & Regional Insights
The pipettes and accessories market covered in this report is segmented –
1) By Type: Manual Pipettes, Electronic Pipettes, Accessories
2) By Channel Type: Single Channel, Multi-Channel
3) By Application: Hospitals, Academic And Research Institute, Pharmaceutical And Biotechnology Companies, Other Applications
North America was the largest region in the pipettes and accessories market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pipettes and accessories market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Intrigued to explore the contents? Secure your hands-on a free sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16148&type=smp
Major Driver Impacting Market Growth
The expansion of pharmaceutical companies is expected to propel the growth of the pipette and accessories market going forward. Pharmaceutical industry encompasses the field of the economy primarily dedicated to researching, developing, manufacturing, and selling drugs or medications utilized for medical treatment or therapy. The pharmaceutical industry is growing due to growing cases of chronic diseases, advancements in research and technology, and healthcare reforms leading to higher expenditures in healthcare. Pipettes and accessories are designed to measure and transfer precise volumes of liquids, which is crucial in pharmaceutical processes such as drug formulation, sample preparation, and analytical testing. For instance, according to the European Federation of Pharmaceutical Industries and Associations, the total pharmaceutical market value at ex-factory prices has reached €2,360,90 million ($256867.10) in 2020 and is expected to reach €2,55,000 million ($277441.27)in 2021. Therefore, the expansion of pharmaceutical companies is driving the growth of the pipette and accessories market.
Key Industry Players
Major companies operating in the pipettes and accessories market are Thermo Fisher Scientific Inc., Corning Incorporated, VWR International LLC, Mettler Toledo, Bio-Rad Laboratories Inc., Eppendorf SE, Sarstedt AG & Co. KG, Hamilton Company, Greiner Bio-One International GmbH, Cole-Parmer Instrument Company LLC, Biotix Inc., Integra Biosciences AG, Gilson Incorporated, Brand GMBH + CO KG, Socorex ISBA SA, Ajanta Export Industries, Microlit, Heathrow Scientific, Vistalab Technologies Inc., Capp, Oxford Lab Products, Nichiryo Co. Ltd., Phoenix Instruments, Agilent Technologies Inc., Kartell Labware
The pipettes and accessories market report table of contents includes:
1. Executive Summary
2. Pipettes And Accessories Market Characteristics
3. Pipettes And Accessories Market Trends And Strategies
4. Pipettes And Accessories Market – Macro Economic Scenario
5. Global Pipettes And Accessories Market Size and Growth
.
.
.
32. Global Pipettes And Accessories Market Competitive Benchmarking
33. Global Pipettes And Accessories Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Pipettes And Accessories Market
35. Pipettes And Accessories Market Future Outlook and Potential Analysis
36. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
