Report : Asia Pacific Pipette Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Air Displacement Pipettes and Positive Displacement Pipettes); Category (Electronic and Manual); Channel (Single Channel and Multi-Channel); Volume (Adjustable Volume and Fixed Volume); Application (Pharmaceutical Laboratories, Biotech Laboratories, Food and Beverage Laboratories, Forensics Laboratories, and Others) and Country
Adjustable VolumeSegment Held Largest Share of Asia PacificPipette Market in 2019
According to The Insight Partners market research study of ‘Asia PacificPipetteForecast to 2027 - COVID-19 Impact and Analysis by Type, Category, Channel, Volume, and Application,’ the Asia Pacific pipette market is expected to reach US$ 330.13 million in 2027 from US$ 236.84 in 2019. The market is estimated to grow with a CAGR of 4.4% from 2020-2027. The report provides trends prevailing in the Asia Pacificpipette market and the factors driving the market along with those that act as hindrances.
Based on the volume, the Asia Pacific, thepipette market is segmented intoan adjustable volume pipette, and fixed volumepipette. The adjustable volume pipette 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.Adjustable volume pipettes are usually preferred over fixed volume pipettes as the same pipette can be used for varied levels of measurements. This avoids purchasing multiple fixed volume pipettes thereby reducing time and inconvenience associated with volume selection. The advanced adjustable volume pipette exhibits superior accuracy and ergonomics and is comfortable to use, even during prolonged and repetitive pipetting. These pipettes usually require a very operating force and are positioned for appropriate ergonomics. Majority of these pipettes are very easy to operate making them an ideal choice for most of the laboratories performing various tests, experiments and assays.
The growth of the market is attributed to some key driving factors such as increasing investment in R&D by market players and high rise in pharmaceutical and biotechnology industries. However, high cost of research and development and devicesis expected to obstruct the growth of the market to a certain extent during the forecast years.
The report segments Asia PacificPipette Market as Follows:
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