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The North America pipette market is expected to reach US$ 845.89 million in 2027 from US$ 626.50 million in 2019. The market is estimated to grow with a CAGR of 4.0% from 2020-2027.
Pipettes are laboratory tools commonly used in biotechnology, pharmaceutical, and chemical laboratories to transport specific volume of liquids or samples. In the market, various different types of designs are available such as electronic pipetting, ultra-light pipettes, and others. The pipettes help in accurately measuring the liquids for various biology experiments, pharmaceutical applications, and others. These devices help in preventing contamination and easy handling of liquids during laboratory procedures.There are two types of pipettes most commonly found, glass pipettes that are excellent in chemical resistance, and plastic pipettes that are convenient in preventing contamination. The scope of the North America Pipette market includes type, category, channel, volume, application, and region.
US PipetteMarket Revenue and Forecasts to 2027 (US$ MN)
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Market Insights-
Increasing Rate of Clinical Trials
There has been a significant rise in the rate of clinical trials. This growth is attributed to the rise of the pharmaceutical industries across the region. The phenomenal rise in the market players, contributing and collaborating with academic institute government and non-government research centers has led to a rise in clinical trials. Research and development has contributed to the growth as well. According to the government of Canada statistics, it is stated that in the global scenarios, Canada acquires nearly 4% of global clinical trials. The country ranks number four for having various clinical trial sites, and hence it is recognized for its quality and expertise in clinical research. The country has introduced various major medical discoveries and innovations through its ability to conduct clinical research in tedious therapeutic sectors. Cities such as Toronto and Ontario have the largest numbers of clinical trials conducted. Furthermore, the Clinical Research Association of Canada (CRAC) is an organization for clinical trials and acts as a regulatory body for clinical research and trials across the country.
Type- Based Market Insights
Based on type, the pipette market is segmented into air displacement pipette and positive displacement pipette. The air displacementpipette 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.
North America Pipette Market, by Type – 2019 and 2027
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Category- Based Market Insights
Based on category, the pipette market is segmented into manual and electronic. The manual segment held the largest share of the market in 2019, whereas the electronic segment is anticipated to register the highest CAGR in the market during the forecast period.
Channel- Based Market Insights
Based on channel, the pipette market is segmented into single channel and multi-channel (8-channel, 12-channel, and others). The multi-channel 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.
Volume- Based Market Insights
Based on volume, the pipette market is segmented into adjustable volume and fixed volume. The adjustable volume 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.
Application- Based Market Insights
Based on application, the pipette market, is segmented into pharmaceutical laboratories, biotech laboratories, food and beverage, forensic laboratories, and others. The pharmaceutical laboratoriessegment 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.
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North America Pipette Market: Strategic Insights
Market Size Value in US$ 626.50 Million in 2019 Market Size Value by US$ 845.89 Million by 2027 Growth rate CAGR of 4.0% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Akshay will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
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Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
North America Pipette Market: Strategic Insights
Market Size Value in | US$ 626.50 Million in 2019 |
Market Size Value by | US$ 845.89 Million by 2027 |
Growth rate | CAGR of 4.0% from 2020-2027 |
Forecast Period | 2020-2027 |
Base Year | 2020 |
Akshay
Have a question?
Akshay will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to AnalystIntroduction of New Technologies
Product launches and approvals are commonly adopted strategies by companies to expand their footprint worldwide and meet the growing demand. The players operating in the pipette market adopt the expansion, collaboration, and product launch strategies to enlarge customer base across the world. These strategies allow the players to maintain their brand name globally. For instance,key players, such as Illumina, Qiagen, Thermo Fisher Scientific Inc., Agilent, and Roche, are the key innovators for these technologies. They are constantly engaged in the development of products for the genomics. Thus, the introduction of new technologies requiring extensive lab work demands more of automation for completion of the tasks and reducing the manual tasks for increasing work efficiency.
NORTH AMERICA PIPETTE MARKET SEGMENTATION
By Type
- Air Displacement Pipettes
- Positive Displacement Pipettes
By Category
- Manual
- Electronic
By Channel
- Multi-Channel
- 8-Channel
- 12-Channel
- Others
- Single Channel
By Volume
- Adjustable Volume
- Fixed Volume
By Application
- Pharmaceutical Laboratories
- Biotech Laboratories
- Food and Beverage
- Forensics Laboratories
- Others
By Country
North America
- US
- Canada
- Mexico
Company Profiles
- Sartorius AG
- Thermo Fisher Scientific Inc.
- Corning Incorporated
- Hamilton Medical
- Eppendorf AG
- HirschmannLaborgeräte GmbH & Co. KG
- Brand Gmbh Co Kg
- Nichiryo CO., LTD.
- METTLER TOLEDO
- Oxford Lab Product
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Category, Channel, Volume, Application and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada
- Sartorius AG
- Thermo Fisher Scientific Inc.
- Corning Incorporated
- Hamilton Medical
- Eppendorf AG
- HirschmannLaborgeräte GmbH & Co. KG
- Brand Gmbh Co Kg
- Nichiryo CO., LTD.
- METTLER TOLEDO
- Oxford Lab Product
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- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
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- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
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