Report : Pipettes Market Forecasts to 2027 - Covid-19 Impact & Global Analysis by Type (Air Displacement Pipettes and Positive Displacement Pipettes); Category (Electronic and Manual); Channel Type [Single Channel, Multi-Channel (8-Channel, 12-Channel, and Others)]; Volume Type (Adjustable Volume and Fixed Volume); Application (Pharmaceutical Laboratories, Biotech Laboratories, Food and Beverage Laboratories, Forensics Laboratories, and Others) and Geography
Air Displacement Pipettes to Contribute Large Share to Pipettes Market during 2020–2027
According to the latest study on “PipettesMarket Forecast to 2027 –COVID-19 Impact and Global Analysis – by Type,Category, Channel Type, Volume Type, and Application,”the market was valued at US$ 1,439.75 million in 2019 and is projected to reach US$1,913.77 millionby 2027; it is expected to grow at a CAGR of 3.8% during 2020–2027. The report highlights the trends prevailing in the global pipettes market, and drivers and deterrents pertaining to the market growth.
Based on type, the pipettes market is segmented intoair displacement pipettes and positive displacement pipettes. In 2019, the air displacement pipettessegment accounted for a larger share of the market. The growth of the segmental marketis attributed to the rising number launches of these products.
Factors such as the growing research in the biotechnology industry and increasing number of product launches are driving the growth of the pipettes market. However, the exorbitant cost of automated pipettes can impede the market growth. Further, the increasing growth prospects in developing economiesoffersignificant opportunities for the growth of the global pipettesmarket players.
Brand Gmbh CO KG, Corning Incorporated, Eppendorf AG, Hamilton Medical, HirschmannLaborgeräte GmbH & Co. KG, Mettler Toledo, Nichiryo Co., Ltd., Oxford Lab Product, Sartorius AG, and Thermo Fisher Scientific Inc.are among the prominent players in the pipettes market. Thesecompanies are focused on partnerships, product launches, collaborations, and other business strategies to sustain their position in the market. For instance, in February 2019, Sartorius and Andrew Alliance S.A. launched the Andrew Alliance Pipette+, a unique system that ensures complete traceability and enhanced repeatability in manual pipetting at life science laboratories. Andrew Alliance is a robotics company that employs an innovative approach to liquid handling to increases the reproducibility of conventional laboratory pipettes.
The report segments the global pipettes market as follows:
By Channel Type
By Volume Type