Global High Content Screening/Imaging Market (2021 to 2026) - Featuring Thermo Fisher Scientific, Yokogawa Electric and Logos Biosystems Among Others
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Total Lab Automation Market to See Huge Growth by 2026 | Tecan Group, Inpeco, Roche Holding
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The Global Liquid Handling System Market is estimated to be USD 3.53 Bn in 2021 and is expected to reach USD 4.98 Bn by 2026, growing at a CAGR of 7.1%.
Market Dynamics
Major factors that drive the market growth are increasing expenditure in research & development activities, growing technological advancements, the need for new drug development, and the growing demand for high-output screening. All these help in driving the market growth of the Global Liquid Handling System Market. In addition to this, rapid adoption of automation in clinical settings and rise in the production of vaccines are also expected to drive the market growth during the forecast period. Liquid handling systems are also used to eliminate errors and minimize the processing time at laboratories. The rising prevalence of new infectious diseases is also forcing pharmaceutical companies to invest more in the drug development and producti