WiseGuyRerports.com Presents “Global Pipette Market Professional Survey Report 2019” New Document to its Studies Database
Pipette is largely used in pharmaceutical, biotechnology as well as chemical laboratories to transfer various kinds of liquids in certain volumes. While a micropipette is significant for conducting experiments in molecular biology (where microliter solutions are largely used), a serological pipette is used in the preparation of cell cultures. In simple terms, a pipette is a tool that is routinely used in labs for various techniques and experiments. In 2019, the global pipette market crossed over $1 billion and is expected to grow @4% CAGR or over in the next few years.
Rapid growth in the research and development in biotechnology and pharmaceutical fields is driving the global pipette market. This is due to the rising cases of cancer and infectious diseases across the globe. Pharma companies, especially in the developed and developing countries are hugely investing in R&D activities besides outsourcing the same to private research and academic institutions which is another factor propelling the market. In addition, technology advancements and innovative drug development procedures are also boosting the market growth.
However, there are some challenges that the pipette industry needs to take on. Since pipettes are used in a range of applications and experiments, there are concerns regarding probable reactions, infection risk and accuracy. This holds true particularly when conducting experiments with hazardous chemicals. Moreover, the cost of electronic pipettes is high, restraining the market growth to some extent; manual pipettes are therefore used widely. Given the increased number of players in the pipette industry, the scope for the market seems to be positive.
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The global pipette market can be segmented on the basis of:
Measuring pipettes have held the largest market share in 2019 and over the past few years; this is expected to maintain the same trend in the future. These pipettes are larger and best suited for general laboratory use however, there are some constraints when small volumes of solutions are to be used.
North America has held the largest market share in 2019 due to the presence of a number of laboratories in this region. Countries such as U.S and Canada are also making huge investments in disease diagnostics and clinical researches which are the chief factors responsible for the pipette market growth in this region. This is closely followed by Europe where there is a steep increase in the diagnosis procedures. However, the fastest CAGR is observed in the Asia-Pacific region since there is a growing number of suppliers and manufacturers in countries such as India, China and Japan.
Latest Industry News
Life Science Research is on the rise in recent years. Established players in the pipette industry are now offering software connected pipettes for this research which is said to revolutionize the way researches and developments are carried out.
Table Of Content:
1 Market Overview
2 Manufacturers Profiles
3 Global Market Competition, by Players
4 Global Market Size by Regions
5 North America Revenue by Countries
6 Europe Revenue by Countries
7 Asia-Pacific Revenue by Countries
8 South America Revenue by Countries
9 Middle East and Africa Revenue by Countries
10 Global Market Segment by Type
11 Global Market Segment by Application
12 Global Market Size Forecast (2019-2024)
13 Research Findings and Conclusion