Report : South & Central America 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
Air Displacement Pipette Segment Held Largest Share of South & Central America Pipette Market in 2019
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.
The report segments South & Central America Pipette Market as Follows:
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