Report : Europe 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
Electronic Pipette Segment Held Largest Share of Europe Pipette Market in 2019
According to The Insight Partners market research study of ‘Europe Pipette Forecast to 2027 - COVID-19 Impact and Analysisby type, category, channel, volume, and application’ the Europe pipette market is expected to reach US$ 503.51 million in 2027 from US$ 386.70 in 2019. The market is estimated to grow with a CAGR of 3.5% from 2020-2027. The report provides trends prevailing in the Europepipette market and the factors driving market along with those that act as hindrances.
Based on the category, the Europe thepipette market, is segmented into manual pipette, and electronic pipette. The manualpipette segment held the largest share of the market in 2019, whereas the electronic pipette segment is anticipated to register the highest CAGR in the market during the forecast period. The advantages of manual pipettes include that these pipettes offer easy and comfortable pipetting options. Manual pipettes are ideal for simple and repetitive tasks with a dispensing range of up to 5mL. These pipettes are widely used for performing various liquid handling tasks in research laboratories, pharmaceutical labs, healthcare and industrial laboratories, university and academic research institutes for education and training purposes and others. However, electronic pipette, is expected to have the highest CAGR. One of the prominent benefits of electronic pipettes over manual pipettes is the increase in productivity within the laboratory. The digital display and motor operation helps the scientists and researchers to dispense the volume securely, accurately and reproducibly. Furthermore, there is also reduction in human error with the use of electronic pipettes. An electronic pipette requires lesser hand movement and efforts to carry out the same liquid handling tasks as a manual pipette improving experience for the scientists and maintaining precision.
The growth of the market is attributed to some key driving factors such as growth in the biotechnology sector and increasing clinical trials across Europe. However, the high expense of automated pipettesis expected to obstruct the growth of the market to a certain extent during the forecast years.
The report segments Europe Pipette Market as Follows:
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