The Global Pipettes
and Accessories Market, By Product Type (Manual Pipettes, Electronic
Pipettes, and Accessories), by End User (Hospitals, Academic and Research
Institute, Pharmaceutical and Biotechnology Companies, and Others), and by
Region (North America, Latin America, Europe, Asia Pacific, Middle East, and
Africa) was valued at US$ 1.3 billion in 2017 and is projected to exhibit a
CAGR of 4.0% over the forecast period (2018 - 2026).
Pipettes are important laboratory tool used to
handle measured volumes of liquids. Most clinical and research laboratories are
equipped with manual or electronic pipettes for dispensing liquids. Increasing
research and development initiatives for the development of novel drugs for
diseases such as cancer, diabetes or cardiovascular disorders is expected to
drive the pipettes and accessories market growth. According to the data
published by the International Federation of Pharmaceutical Manufacturers &
Associations, in 2015, over 6000 drug entities were in preclinical trial
globally. Pipettes come in various designs including electronic and manual, as
well as single-channel or multi-channel pipettes, designed for efficiency while
working with varying dishes, plates, and tubes.
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Pipetting is often a repetitive
task, therefore pipettes must be designed to minimize the risk of hand and
upper limb stress. According to a research published by the National Center for
Biotechnology Information (NCBI) in 1994, use of conventional pipettes for over
300 hours per year is associated with an increased risk of shoulder and hand
infirmities. Key players in the market are focusing on offering new and
efficient products for various cell cultures and experimental applications in
order to enhance their market share. For instance, to address the ergonomic
issues faced by laboratories, in 2011 Hamilton designed SoftGrip pipettes to
minimize the amount of fatigue and discomfort typically experienced in
pipetting. It reduces the risk factors related with the development of
repetitive stress injuries such as carpal tunnel syndrome.
Browse 25 Market Data Tables and
27 Figures spread through 153 Pages and in-depth TOC on "Pipettes and
Accessories Market, By Product Type (Manual Pipettes, Electronic Pipettes, and
Accessories), by End User (Hospitals, Academic and Research Institute,
Pharmaceutical and Biotechnology Companies, and Others), and by Region (North
America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global
Forecast to 2026"
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Report: https://www.coherentmarketinsights.com/market-insight/pipettes-and-accessories-market-2322
Key Takeaways of the Pipettes and
Accessories Market:
The global pipettes and
accessories market is expected to witness a CAGR of 4.0% during the forecast
period (2018–2026), owing to increasing biotechnology and pharmaceutical
R&D activities coupled with increasing drug patent expirations. For
instance, in November 2018, U.S. FDA stated its focus on improved outcomes and
R&D across the biotech industry, due to over 25 upcoming patent
expirations.
Among product type, the
electronic pipettes segment is expected to generate significant revenue in
2018. Electronic pipettes tend to be more ergonomic than manual pipettes due to
less operator force required to plunge. It also reduces repetitive motion.
Major players operating in the
global pipettes and accessories market include, Thermo Fisher Scientific,
Eppendorf AG, Hamilton Company, Mettler-Toledo International, Inc., Lab Depot
Inc., Sartorius AG, BRAND GmbH + CO KG, Capp ApS, Corning Inc., Denville Scientific,
Inc., Gilson, Inc., Greiner Bio-One International GmbH, Integra Biosciences AG,
Kimble-chase, Nichiryo Co., Ltd., and Socorex ISBA SA.
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