Europe and North America currently maintain dominant positions in the Pipette Controller Market, they are expected to witness a modest Compound Annual Growth Rate (CAGR) of 2.4% and 1.8%, respectively, until the year 2033.
NEWARK, Del, Nov. 14, 2023 (GLOBE NEWSWIRE) — The global pipette controller market size reached US$ 185.4 million in 2022. Revenue generated by the pipette controller sales is likely to be US$ 193 million in 2023. Between 2023 and 2033, demand for pipette controllers is poised to soar at a 3.2% CAGR, reaching US$ 263.6 million by 2033.
Pipettes are frequently utilized in the clinical market and have an extensive list of uses in both academic and research settings. The pipette controller market is expected to grow because of the rising use of pipettes. They are beneficial for combining chemical solutions and cell suspensions, moving liquids between containers, and stacking chemicals with different densities.
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The primary variable anticipated to propel the market expansion is the rise in research and development efforts. Pipettes are employed more often to accurately determine the amount of liquid in many applications, such as cell, tissue, and bacterial culture. This simultaneously boosts the demand for pipette controllers. This could become one of the primary factors influencing the expansion of the pipette controller market.
The need for automated solutions has grown as laboratories struggle with rising workloads. With its programmable options and automated features, pipette controllers are critical to this move toward lab automation. They provide trustworthy outcomes by reducing the possibility of human mistakes in addition to saving time.
The varying requirements of different laboratories are increasing the demand for specialized pipette controllers. Manufacturers are increasingly offering modular pipette controllers that could be tailored to specific applications. Given their adaptability, scientists can utilize the ideal instrument for their purpose, no matter how complicated or unusual the work might seem. This is likely to create considerable opportunities for pipette controller market players.
Key Takeaways from the Pipette Controller Market
- In North America, the United States pipette controller sector emerged as the leading market in 2022, with a 31.1% global market share.
- In Europe, Germany and the United Kingdom took the lead, capturing global pipette controller market shares of 9.2% and 7.2%, respectively.
- In 2022, China stood out as the dominant market in the East Asia pipette controller industry, capturing a global market share of 5.5%.
- India emerged as the frontrunner in the South Asia pipette controller industry in 2022, securing a commanding global market share of 4.1%.
- The mechanical pipette controller segment spearheaded the market by product, commanding 44.6% of the global pipette controller industry in 2022.
- Academic & research institutes took the forefront among end users, possessing a 23.6% share of the global pipette controller industry in 2022.
“North America and Europe have held a prominent position in the pipette controller market for quite some time due to their advanced research facilities. However, it is worth noting that East Asia and South Asia show considerable potential. This is because they are investing heavily in research infrastructure, signifying a substantial opportunity for market expansion in the foreseeable future.” opines Sabyasachi Ghosh Associate Vice President at Future Market Insights (FMI).
|Pipette Controller Market Size in 2023||US$ 193 million|
|Pipette Controller Market Projected Size by 2033||US$ 263.6 million|
|Forecasted Value CAGR from 2023 to 2033||3.2||%|
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Key Players and Strategies for Success in the Pipette Controller Market
Key market players employ the following strategies for success in the pipette controller industry:
- Continuously invest in research and development to develop innovative pipette controller technology
- Maintain rigorous quality control measures to ensure reliable and accurate performance
- Offer a range of models and configurations to cater to diverse laboratory requirements
- Establish a robust distribution network to reach a broad customer base
- Collaborate with research institutions and key industry players to drive innovation and expand market reach
Key Companies Profiled in the Pipette Controller Market Report:
- INTEGRA Biosciences AG
- Hamilton Company
- VWR International LLC
- Gilson Incorporated
- Eppendorf AG.
- Heathrow Scientific
Key Developments in the Pipette Controller Market
- The RAININ Pipet-XTM pipette controller was introduced by Anachem and offers a range of options for liquid transport and measurement. Its sophisticated design and functionality make it an indispensable tool for various laboratory applications.
- Eppendorf unveiled the Easypet 3 pipette controller, a brand-new instrument for electronic pipetting. This advanced tool simplifies pipetting by intuitively managing speed through easy-to-use operational buttons.
Key Segments Profiled in the Pipette Controller Market Survey:
By Product Type:
- Single Chamber
- Multi Chamber
By End User:
- For Hospitals
- For Diagnostic Laboratories
- For Research Laboratories
- For Academic & Research Institutes
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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