According to The Insight Partners market research study of ‘South & Central America Pipette Forecast to 2027 – COVID-19 Impact and Analysisby type, category, channel, volume, and application’the South & Central America pipette market is expected to reach US$ 164.39 million in 2027 from US$ 131.24 in 2019. The market is estimated to grow with a CAGR of 3.0% from 2020-2027. The report provides trends prevailing in the South & Central America pipette market and the factors driving market along with those that act as hindrances.
Based on the type, the South & Central Americathe pipette market, is segmented into air displacement pipette, and positive displacement pipette. The air displacement pipette 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 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 as development in genetic study and a high growth in diagnostic centers & laboratories. However, overly priced liquid handling systems are expected to obstruct the growth of the market to a certain extent during the forecast years.
Sartorius AG, Thermo Fisher Scientific Inc, METTLER TOLEDO are among the leading companies operating in the South & Central America pipettemarket.
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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 laboratories 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.
Increased Number of Key Market Players
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, Sartorius AG launched its Tacta range of premium mechanical pipettes. It is perfectly designed to balance the easy, safe, and comfortable for the intended use. It satisfies the demanding pipetting requirements, and it also delivers consistent and accurate results. It is available in different range of volumes from 0.1 to 10,000 µl in single-channel models, and from 0.5 to 300 µl in multichannel models…
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SOUTH & CENTRAL AMERICAPIPETTE MARKET SEGMENTATION
- Air Displacement Pipettes
- Positive Displacement Pipettes
- Single Channel
- Adjustable Volume
- Fixed Volume
- Pharmaceutical Laboratories
- Biotech Laboratories
- Food and Beverage
- Forensics Laboratories
- South & Central America
- Sartorius AG
- Thermo Fisher Scientific Inc.
- Corning Incorporated
- Hamilton Medical
- Eppendorf AG
- HirschmannLaborgeräte GmbH & Co. KG
- Brand Gmbh Co Kg
- METTLER TOLEDO
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