Europe Automated Liquid Handling Market

Europe Automated Liquid Handling Market Size (2023 to 2028)

The automated liquid handling market size in Europe is expected to be worth USD 630 million by 2028 from USD 430 million in 2023, growing at a CAGR of 7.94% from 2023 to 2028.

The growing adoption of automated liquid handling systems in the pharmaceutical and biotechnology industries primarily drives the growth of the European automated liquid handling market. Automated liquid handling encompasses a range of devices designed to efficiently handle liquid systems in a systematic manner. Within the healthcare sector, executing tasks can pose challenges and place a significant burden on workers, particularly within the pharmaceutical industry. Conducting research activities may involve complex procedures that require the expertise of multiple professionals. In this regard, the pharmaceutical and biotechnology sectors leverage automated liquid handling devices to ensure the timely and accurate transfer of liquids during laboratory procedures. These devices are primarily used for tasks such as dilution, mixing, and sample preparation, enabling the production of effective products and drugs. Additionally, the increasing prevalence of chronic diseases and infections underscores the need for vaccine production in the medical sector. Approximately nearly 35% of the EU population experiences at least one chronic disease in their lifetime further driving the demand for advanced liquid handling technologies.

The growing number of technological advancements in the automated liquid handling, rising need for efficient and accurate liquid handling processes in pharmaceutical and biotechnology industries and rapid adoption of automation solutions by the European laboratories to enhance workflow efficiency, reduce manual errors, and improve overall productivity propel the European market growth. The growing demand for personalized medicine in Europe, strong emphasis on research and development activities, including drug discovery, genomics, proteomics, and diagnostics and stringent quality standards and compliance regulations for pharmaceutical and biotechnology products by the European regulatory bodies further boost the growth rate of the European automated liquid handling market. The growing adoption of automated liquid handling systems in Europe by the academic and research institutions to streamline their laboratory workflows and enhance research capabilities promote the European market growth. The growing number of collaborations between automated liquid handling system manufacturers and pharmaceutical companies, research institutions, and contract research organizations (CROs) and rising demand for high-throughput screening further favour the growth rate of the European market.

High initial investments required for the implementation of automated liquid handling systems primarily hamper the European market growth. Lack of skilled workforce with specialized skills and knowledge about operating and maintaining automated liquid handling systems hinder the European market growth. The complexities associated with the integration of automated liquid handling systems with existing laboratory infrastructure and workflows, concerns regarding the reliability and accuracy of automated systems and high costs and significant efforts associated with ongoing maintenance further impede the European market growth.

This research report on the Europe automated liquid handling market has been segmented and sub-segmented into the following categories.

By Type:

• Benchtop Workstation
• Standalone
• Multi-Instrument System

By Modality:

• Fixed Tips
• Disposable Tips

By Procedure:

• PCR Setup
• High-Throughput Screening
• Serial Dilution
• Array Printing
• Whole Genome Amplification
• Cell Culture
• Plate Reformatting

By End User:

• Biotechnology & Pharmaceutical Companies
• Academic & Government Research Institutes
• Contract Research Organizations

By Country:

• UK
• France
• Spain
• Germany
• Italy
• Russia
• Sweden
• Denmark
• Switzerland
• Netherlands
• Turkey
• Czech Republic
• Rest of Europe

The European region held a notable share of the worldwide market in 2022 and is predicted to grow at a prominent CAGR during the forecast period. Germany held the leading share of the European market in 2022 and is expected to grow at a promising CAGR during the forecast period owing to the substantial investments made by healthcare organizations and the establishment of numerous public and private testing laboratories.

The European region held a notable share of the worldwide market in 2022 and is predicted to grow at a prominent CAGR during the forecast period. Germany held the leading share of the European market in 2022 and is expected to grow at a promising CAGR during the forecast period owing to the substantial investments made by healthcare organizations and the establishment of numerous public and private testing laboratories. Germany, renowned for its expanding base of liquid handling system manufacturers, plays a pivotal role in driving market growth within the region. These German companies deliver cost-effective, high-quality devices tailored for a diverse range of applications, including clinical, diagnostic, and laboratory purposes. Their commitment to providing innovative solutions strengthens the market's forward momentum.

Similarly, the United Kingdom contributes to the market's growth with its notable presence of key players and increasing collaborations through partnerships and mergers. Such alliances foster innovation and facilitate the introduction of advanced technologies, ensuring the market's vitality.

KEY MARKET PLAYERS:

Tecan Group Ltd., PerkinElmer, Inc., Hamilton Company, Gilson, Inc. and Eppendorf AG are some of the notable companies in the European automated liquid handling market.