Pipettes and Accessories Market Forecast By 2018–2026 With Top Industry Players
Added: (Wed Jan 02 2019)
Pressbox (Press Release) -
Pipettes form a popular laboratory device used in efficient transportation of fluids in biology, chemistry, and medicine. Pipettes and accessories of all sizes and varying designs are in use in biotechnology and pharmaceutical applications to enable researchers to transfer precise and accurate amounts of liquid. Microbiology laboratories have seen rising demand for micropipettes in molecular biology biotechnology experiments, such as in immunoassay applications and in the preparation of cell cultures.
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The drive for pipettes and accessories stems from the need for good laboratory pipetting with high ergonomics and performance, with a focus on reliability and comfort. Pipettes that are light weight, have adjustable tip spacing, and allow advanced volume adjustment in dispensing are gaining popularity in the market. Compatible accessories and kits that enhance the performance of pipettes in biotechnology applications are gathering pace. Some of the key product categories in the pipettes and accessories market are electronic pipetting and ultra-light pipettes.
The report looks at key growth dynamics from close quarters and highlights trends that will expand the potential of the global pipettes and accessories market. The analysis evaluates major research and development ventures by various companies and the new frontiers that may open as a result of these developments.
Rising research activities by several pharmaceutical and biotechnology companies, especially in developing and developed countries, with the aim of finding treatments for chronic diseases is bolstering the demand for pipettes and accessories. Sizeable investments by industry players on finding anti-cancer therapies and drugs in various parts of the world are catalyzing the demand for pipettes. The use of microplate pipetting in microassays is notably rising. The growing role of privately-owned contract research organizations (CRO) in carrying out research related to pharmaceutical has imparted an increasing momentum to the expansion of the pipettes and accessories market. To this end, they have been entering into collaborations and partnerships with various pharmaceutical companies, mainly to help in clinical trials. The growth of the pipettes and accessories market is also bolstered by the rising demand for novel therapeutic products.
However, the exorbitant cost of electronic pipettes and accessories has dampened the rate of uptake, especially in less developed regions. Moreover, inadequacy in safety may expose users to potential risk of hazardous chemicals. The advent of multichannel and multistepper pipettes is opening new avenues in the pipettes and accessories market.
The various evaluations of the study takes a critical look at prominent regional trends and emerging avenues in various regional markets. The analyses also shed light on major research and development activities being made by pharmaceutical companies which will give rise to new opportunities in key regions. On regional front, developed and developing regions are emerging as potentially lucrative markets for pipettes and accessories. Of note, North America is one of the most attractive regional markets, where the demand is propelled by extensive drug manufacturing activities. Considerable share of revenue may also come from developing regions such as Asia Pacific, driven by recent rise in number of clinical studies by biopharmaceutical companies.
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The study evaluates the competitive dynamics of the global pipettes and accessories market and offers insights into key strategies by various players. Some of the prominent companies operating in the market are Thermo Fisher Scientific, Hamilton Company, Lab Depot Inc., Denville Scientific, Inc., Sartorius AG, and Integra Biosciences AG.
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