Global Pipettes and Pipettors Strategic Market Report 2023: Market to Reach $3 Billion by 2030 - Drug Discovery Applications Provide Robust Opportunities

News provided by

Jun 26, 2023, 21:45 ET

DUBLIN, June 26, 2023 /PRNewswire/ -- The "Pipettes and Pipettors: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Pipettes and Pipettors Market to Reach $3 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Pipettes and Pipettors estimated at US$1.9 Billion in the year 2022, is projected to reach a revised size of US$3 Billion by 2030, growing at a CAGR of 5.6% over the analysis period 2022-2030.

Pipette Tips, one of the segments analyzed in the report, is projected to record a 5.8% CAGR and reach US$1.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Plastic Pipettes segment is readjusted to a revised 6.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $567.4 Million, While China is Forecast to Grow at 7.7% CAGR

The Pipettes and Pipettors market in the U.S. is estimated at US$567.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$340 Million by the year 2030 trailing a CAGR of 7.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 5.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$350.5 Million by the year 2030.

Looking Ahead to 2023

Fears of new COVID outbreaks and China's already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year.

Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What`s New for 2023?

Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year

Key Attributes:

Report Attribute	Details
No. of Pages	532
Forecast Period	2022 - 2030
Estimated Market Value (USD) in 2022	$1.9 Billion
Forecasted Market Value (USD) by 2030	$3 Billion
Compound Annual Growth Rate	5.9 %
Regions Covered	Global

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
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
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

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
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

FOCUS ON SELECT PLAYERS (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

For more information about this report visit https://www.researchandmarkets.com/r/s328m3

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets