Global Pipettes and Accessories Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028

Global Pipettes and Accessories Market: Overview

“The global Pipettes and Accessories Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

Pipettes are laboratory tool commonly used in biotechnology, pharmaceutical, and chemical laboratories to transport certain volume of liquids. Pipettes are available in different designs for various along with several levels of accuracy and precision.

Pipette designs such as electronic pipetting, ultralight pipettes, plunger’s positions in more user-friendly configurations, and reducing frictional forces help in reducing strain.

Micropipettes are important in molecular biology experiments, which require microliter amounts of solutions whereas serological pipettes are used in microbiology laboratories in order to prepare cell cultures which require media preparations of milliliter volumes.

Global Pipettes and Accessories Market: Dynamics

Increasing incidence of chronic diseases is a key factor expected to drive growth of the global market over the forecast period. In addition, rising research and development activities in the field of biotechnology, owing to high prevalence of cancer and infectious diseases is another factor expected to further fuel growth of the target market in the near future.

Furthermore, increasing focus of pharmaceutical companies towards research and development activities along with outsourcing, which in turn is expected to increasing demand for liquid handling systems such as pipettes. The companies also increasingly outsourcing their research activities to privately-owned Contract Research Organizations (CRO) in order to maintain their footprint in pharmaceutical and biotechnology market. This factor is expected to propel growth of the market over the forecast period.

However, development of automatic and robotic-assisted liquid handling workstations are major factors expected to restrain growth of the global market over the forecast period. In addition, high cost of electronic pipettes is another factor expected to hamper growth of the target market in the near future.

Technological advancements for finding treatments for chronic diseases and increasing investment in research and development actives are expected to create potential revenue opportunities for players operating in the target market over the forecast period.

Global Pipettes and Accessories Market: Segment Analysis

On the basis of end user, the hospitals segment is expected to register significant share in terms of revenue over the forecast period, owing to increasing number of hospitals and improving healthcare infrastructure across emerging economies.

Global Pipettes and Accessories Market: Regional Analysis

The market in North America is expected dominate the global pipettes and accessories market in terms of revenue, owing to technological advancements and increasing demand for pipettes and accessories from biotechnology and pharmaceutical research and manufacturing industry across various countries in the region. The market in Asia Pacific is expected to register significant growth in terms of revenue over the forecast period, owing to increasing clinical trials from biopharmaceutical industry, availability of skilled professionals to conduct research, and rising number of research laboratories across various countries in the region.

Global Pipettes and Accessories Market Segmentation:

Segmentation by product type:

• Manual Pipettes
  • Single-channel
  • Multi-channel
• Electronic Pipettes
  • Single-channel
  • Multi-channel
• Accessories

Segmentation by end-user:

• Hospitals
• Academic and Research Institutes
• Pharmaceutical and Biotechnology Companies
• Others

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa