With the advancement in laboratory automation, the liquid handling system has become an indispensable tool for drug discovery particularly in genomic & proteomic research and high-throughput screening processes. Factors like growth in pharmaceutical & biotechnology industries and increasing research activities in proteomics and genomics are driving the growth of this market. Moreover, increasing investment by pharmaceutical companies in drug discovery expected to fuel the market growth during the forecasted period.This growth is primarily driven by Increasing Government Funding For Biotechnology and Drug Research Activities and Growing Demand for High-Throughput Screening in Drug Discovery.
Globally, a noticeable market trend is evident Emphasizing On Technological Developments in Liquid Handling Systems
. Major Players, such as Danaher Corporation (United States), Thermo Fisher Scientific Inc. (United States), Eppendorf AG (Germany), Tecan Group Ltd. (Switzerland), Gardner Denver Medical (Germany), Mettler-Toledo International Inc. (United States), Hamilton Company (United States), PerkinElmer, Inc. (United States), Sartorius AG (Germany), Corning Incorporated (United States), Gilson, Inc. (United States), Agilent Technologies, Inc. (United States), Qiagen N.V. (Germany) and Lonza Group Ltd (Switzerland) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
29th January 2019, FORMULATRIX announced to reveal new liquid handlers with unique microfluidic, positive-displacement technology at Society for laboratory automation and screening (SLAS) 2019.
- Increasing Government Funding For Biotechnology and Drug Research Activities
- Growing Demand for High-Throughput Screening in Drug Discovery
- Emphasizing On Technological Developments in Liquid Handling Systems
- Emergence of Automated Liquid Handling System
- Complex Operability of Advanced Liquid Handling Systems
- Shortage of Skilled Professionals
Increasing Research Activities in Proteomics and Genomics and Growing Demand from the Developing Economies
Lack of Suitable Infratstrure in the Emerging Economies
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