Liquid Handling Workstations Market
Liquid Handling Workstations Market
The market for Liquid Handling Workstations was estimated at $1.38 billion in 2024; it is anticipated to increase to $2.1 billion by 2030, with projections indicating growth to around $2.9 billion by 2035.
Global Liquid Handling Workstations Market Outlook
Revenue, 2024 (US$B)
$1.4B
Forecast, 2034 (US$B)
$2.7B
CAGR, 2024 - 2034
7.1%
Market Key Insights
- The Liquid Handling Workstations market is projected to grow from $1.4 billion in 2024 to $2.7 billion in 2034. This represents a CAGR of 7.1%, reflecting rising demand across Drug Discovery, Proteomics and Genomics.
- Thermo Fisher Scientific Inc., Tecan Group Ltd., Sartorius AG are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Liquid Handling Workstations market and are expected to observe the growth CAGR of 4.6% to 6.8% between 2024 and 2030.
- Emerging markets including India, Brazil and South Africa are expected to observe highest growth with CAGR ranging between 8.2% to 9.8%.
- Transition like Automation in Liquid Handling is expected to add $200.0 million to the Liquid Handling Workstations market growth by 2030
- The Liquid Handling Workstations market is set to add $1.4 billion between 2024 and 2034, with manufacturer targeting Research Institutes & Diagnostic Centers End-User projected to gain a larger market share.
- With Automation in life sciences, and Advancements in microfluidics technology, Liquid Handling Workstations market to expand 99% between 2024 and 2034.
Opportunities in the Liquid Handling Workstations
The strategic partnerships between liquid handling workstation manufacturers and biotechnology companies result in developing innovative customized solutions which meet particular research requirements. Through these partnerships manufacturers expand their product range while accessing new customer bases which drives market expansion.
Growth Opportunities in North America and Asia Pacific
North America Outlook
Asia Pacific Outlook
Market Dynamics and Supply Chain
Driver: Automation in Life Sciences, and Growth in Biopharmaceutical Industry
Restraint: High Equipment Costs
Opportunity: Advancements in Drug Discovery and Evolving Consumer Needs in Emerging Markets
Challenge: Technical Challenges and Need for Skilled Personnel
Supply Chain Landscape
Raw Material Acquisition
Thermo Fisher Scientific
Sartorius AG
Component Manufacturing
Eppendorf AG
Hamilton Company
Assembly & Testing
Tecan Group Ltd.
PerkinElmer Inc
Distribution & Sales
Agilent Technologies
BioTek Instruments Inc
Raw Material Acquisition
Thermo Fisher Scientific
Sartorius AG
Component Manufacturing
Eppendorf AG
Hamilton Company
Assembly & Testing
Tecan Group Ltd.
PerkinElmer Inc
Distribution & Sales
Agilent Technologies
BioTek Instruments Inc