A laboratory device used to transfer a specific amount of liquid is described as a pipette. Attaching a pipette tip at the pipette end creates an airtight seal. Pipette tips are used to disperse a certain amount of liquid from a pipette. The pipette tip is made from polypropylene and can be used multiple times. Pipetting and ergonomics are now almost inseparable. There have been significant improvements in stress management and fatigue reduction for users. This has had a positive effect on the market growth of disposable pipette tips. The pipette tips market is expected to rise at a CAGR of 7.5% during the forecast period 2022 to 2030.
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The demand for pipette tips is rising due to the increased demand for liquid handling systems. Pipettes are in high demand due to the rise in cancer incidences and AIDS. The demand for pipettes has led to the increase in pipette tip demand in the medical research/development sector. For a decade, research and development (R&D), in the healthcare industry is on the rise. The growth in the global pharmaceutical industries is increasing the focus on R&D thereby driving the market. In 2020, global R&D spending in the healthcare industry was approximately US$ 33 billion.
Manufacturers in different regions are also looking for new ways to meet the high demand for novel and existing drugs and vaccines. Many biopharmaceutical companies, research institutions, contract research organizations (CROs), contract development, and manufacturing organizations (CDMOs) have adopted automation in their laboratories to fill the gap in demand and supply. The market is also growing due to the increasing number of clinical trials and growing pharmaceutical pipeline, increased awareness about lab automation, surging need for high precision liquid handling and sample preparation, an increasing number of research studies, and rising adoption of automated fluid handling systems within drug discovery and diagnostics laboratories.
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The non-robotic pipette tip segment topped the revenue share by contributing over 55% of revenues in 2021. Additionally, the market is expected to evidence strong growth during the forecast period. They can be used with various kinds of systems including standard systems or manually operating pipetting systems, thereby attracting demand. However, in the long-term focus on automation in the healthcare segment is likely to create significant opportunities for automated liquid handling systems.
The global pipette tips market can be classified geographically into North America and Europe, Asia Pacific Middle East & Africa, South America, and Europe. North America remains the largest market for pipette tips across the globe. The U.S. is expected to be the largest market in the world. Canada remains the second-largest market in North America. However, Asia Pacific will be a significant market for pipette tipping during the forecast period. China is expected to become the largest regional pipette tip market in the APAC region.
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Eppendorf AG, Mettler Toledo, Thermo Fisher Scientific, Sartorius AG, Biotix, Inc., Tecan Trading AG, Corning Inc., Sorenson BioScience, Sarstedt AG & Co. KG, Hamilton Company, are some of the major players in the global pipette tip market. The report intensively focuses on top market players, key marketing strategies, key focus areas in terms of product portfolio and geographic presence, list of mergers and acquisition, product launches, R&D initiatives, key patents, partnerships and joint ventures and other valuable current and expected moves of competitors in the pipette tips market.
The report studies major market drivers, restraints, and opportunities for the “pipette tips market” and also evaluates the major trends in the macro- and micro-markets with respect to different geographic regions. The market data consists of aggregate sales figures of all pipette tips market submarkets. It analyses the market aspects such as novel technologies and product launches; key market developments from the top companies in the market.
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Key Market Movements:
- The pipette tips market is expected to rise at a CAGR of 7.5% during the forecast period 2022 to 2030.
- The growth in the global pharmaceutical industries is increasing the focus on R&D thereby driving the market. In 2020, global R&D spending in the healthcare industry was approximately US$ 33 billion.
- The non-robotic pipette tip segment topped the revenue share by contributing over 55% of revenues in 2021.
- North America remains the largest market for pipette tips across the globe. The U.S. is expected to be the largest market in the world.
- Eppendorf AG, Mettler Toledo, Thermo Fisher Scientific, Sartorius AG, Biotix, Inc., Tecan Trading AG, Corning Inc., Sorenson BioScience, Sarstedt AG & Co. KG, Hamilton Company, are some of the major players in the global pipette tip market.
Pipette Tips Market is segmented into:
By Type (2020-2030; US$ Mn)
By Technology (2020-2030; US$ Mn)
By Application (2020-2030; US$ Mn)
By Region 2020-2030; US$ Mn)
Global Impact of Covid-19 Segment (2020-2021; US$ Mn)
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