Global Pipettes and Pipettors Industry to 2027 - Drug Discovery Applications Provide Robust Opportunities - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Pipettes and Pipettors - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Pipettes and Pipettors estimated at US$1.7 Billion in the year 2020, is projected to reach a revised size of US$2.5 Billion by 2027, growing at a CAGR of 5.5% over the analysis period 2020-2027.
Pipette Tips, one of the segments analyzed in the report, is projected to record a 5.9% CAGR and reach US$1.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Plastic Pipettes segment is readjusted to a revised 6.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $499.8 Million, While China is Forecast to Grow at 7.6% CAGR
The Pipettes and Pipettors market in the U.S. is estimated at US$499.8 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$265.4 Million by the year 2027 trailing a CAGR of 7.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 5.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.
Glass Pipettes Segment to Record -2.3% CAGR
In the global Glass Pipettes segment, USA, Canada, Japan, China and Europe will drive the -2.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$65.4 Million in the year 2020 will reach a projected size of US$56.2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$275.9 Million by the year 2027, while Latin America will expand at a -2.8% CAGR through the analysis period.
Select Competitors (Total 95 Featured) -
- Biotix, Inc
- BRAND GmbH + CO KG
- Capp ApS
- Corning Incorporated
- Eppendorf AG
- Gilson, Inc.
- Greiner Bio-One International GmbH
- Hamilton Company
- Integra Biosciences AG
- Mettler-Toledo International, Inc.
- Nichiryo Co., Ltd.
- OHAUS Instruments (Shanghai) Co., Ltd
- PerkinElmer Inc
- SARSTEDT AG & Co. KG
- Sartorius AG
- SCILOGEX, LLC
- Socorex ISBA SA
- Sorenson BioScience
- Thermo Fisher Scientific, Inc.
- VistaLab Technologies
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Global Number of COVID-19 Drugs & Vaccine Clinical Trials
- Global Testing Capacity Per 1000 People as of June-2020
- Covid-19 Testing : A Vital Opportunity
- Covid-19 Vaccines Research: A New Growth Avenue
- Spiraling Inflow of Patient Samples for COVID-19 Testing Leads to Pipettes Shortage
- Pipettes and Pipettors : A Ubiquitous Labware
- Factors Influencing the Purchase of Pipettes
- Factors Influencing Pipettes Selection (On a Scale of 1-10)
- Pipettes and Pipettors: Product Definition
- A Peek into History of Technology Advancement in Pipettes
- Product Types
- Outlook
- Regional Market Review
- Technology Advances Allow Electronic Pipettes Market to Exhibit Impressive Growth
- Mechanical Pipettes Still Hold Ground
- Plastic Pipettes Gain Favor over Glass Options
- Rising Prevalence of Infectious Diseases and Growing Need for Clinical Diagnostics
- Recent Market Activity
- Competition
- Pipettes and Pipettors Competitor Market Share Scenario Worldwide (in %): 2019
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Trends in Life Science Research Sector Support Demand for Pipettes
- Large-Scale Applications Drive Pipetting Market
- Drug Discovery Applications Provide Robust Opportunities
- Global High-Throughput Screening Market Revenue Share by End Use: 2019
- Global Pharmaceutical R&D Spending in US$ Billion for the Years 2019, 2021, 2023 and 2025
- Diverse Liquid Handling Solutions Designed to Meet Individual User Needs
- Precision and Laboratory Needs Redefine Pipette innovations
- Select Recent Product Developments
- Technology Advances Related to Pipettes Help Scientific Research Witness Seismic Change
- Innovative Features in Electronic Pipettes Come to the Fore to Simplify Pipetting Process
- Bluetooth Electronic Pipettes to Radically Transform Biological Research
- Ergonomics Continue to Redefine the Pipettors Market
- Companies Move Away from Elementary Designs
- Automated Pipetting Systems Gain Interest
- Multichannel Pipettes Offer a New Dimension to Pipetting
- Recommended Use of Pipettes by Number and Type of Microplates Handled
- Innovations in Tip technology
- Tip Re-Use Gains Focus
- ClipTipTechnology for Locking Pipette Tips
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/uqutuc
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