According to The Insight Partners market research study of ‘North America Pipette Forecast to 2027 – COVID-19 Impact and Analysisby type, category, channel, volume, and application’ the North America pipette market is expected to reach US$ 845.89 million in 2027 from US$ 626.50 in 2019. The market is estimated to grow with a CAGR of 4.0% from 2020-2027. The report provides trends prevailing in the North America pipette market and the factors driving market along with those that act as hindrances.
- Sartorius AG
- Thermo Fisher Scientific Inc.
- Corning Incorporated
- Hamilton Medical
- Eppendorf AG
- HirschmannLaborgeräte GmbH & Co. KG
- Brand Gmbh Co Kg
- Nichiryo CO., LTD.
- METTLER TOLEDO
- Oxford Lab Product
Based on the type, the North America thepipette market, is segmented into air displacementpipette, and positive displacementpipette. The air displacementpipette segment held the largest share of the market in 2019, whereas the positive displacement pipette segment is anticipated to register the highest CAGR in the market during the forecast period. The advantages of air displacement pipettes include that they are highly accurate for standard pipetting applications. These pipettes operate by piston-driven air replacement. However, temperature and atmospheric pressure, as well as the specific gravity and viscosity of the solution, may affect the performance of air displacement pipettes. However, positive displacement pipette, is expected to have the highest CAGR. The positive displacement pipettes works like syringes and are based on the direct contact of the piston with the liquid substance. Thus, these pipettes can be used to work with substances that are difficult to work with and are volatile. Furthermore, these pipettes are also advantageous as they also less affected by atmospheric pressure and temperature of the laboratory, as they do not have presence of air cushion. These pipettes are ideal for used with high-density solutions, viscous solutions, dense solutions, volatile solutions, foaming solutions and other problematic liquids.
The growth of the market is attributed to some key driving factors such asrise in pharmaceutical and biopharmaceutical production and increasing drug approvals leading to higher demand of liquid handling systems. However, expensive liquid handling systemsare expected to obstruct the growth of the market to a certain extent during the forecast years.
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Category- Based Market Insights
Based on category, the pipette market is segmented into manual and electronic. The manual segment held the largest share of the market in 2019, whereas the electronic segment is anticipated to register the highest CAGR in the market during the forecast period.
Channel- Based Market Insights
Based on channel, the pipette market is segmented into single channel and multi-channel (8-channel, 12-channel, and others). The multi-channel segment held the largest share of the market in 2019, also the same segment is anticipated to register the highest CAGR in the market during the forecast period.
Volume- Based Market Insights
Based on volume, the pipette market is segmented into adjustable volume and fixed volume. The adjustable volume segment held the largest share of the market in 2019, also the same segment is anticipated to register the highest CAGR in the market during the forecast period.
Application- Based Market Insights
Based on application, the pipette market, is segmented into pharmaceutical laboratories, biotech laboratories, food and beverage, forensic laboratories, and others. The pharmaceutical laboratoriessegment held the largest share of the market in 2019, also the same segment is anticipated to register the highest CAGR in the market during the forecast period.
Introduction of New Technologies
Product launches and approvals are commonly adopted strategies by companies to expand their footprint worldwide and meet the growing demand. The players operating in the pipette market adopt the expansion, collaboration, and product launch strategies to enlarge customer base across the world. These strategies allow the players to maintain their brand name globally. For instance,key players, such as Illumina, Qiagen, Thermo Fisher Scientific Inc., Agilent, and Roche, are the key innovators for these technologies. They are constantly engaged in the development of products for the genomics. Thus, the introduction of new technologies requiring extensive lab work demands more of automation for completion of the tasks and reducing the manual tasks for increasing work efficiency.
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NORTH AMERICA PIPETTE MARKET SEGMENTATION
- Air Displacement Pipettes
- Positive Displacement Pipettes
- Single Channel
- Adjustable Volume
- Fixed Volume
- Pharmaceutical Laboratories
- Biotech Laboratories
- Food and Beverage
- Forensics Laboratories
- North America
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