Pipette Calibrators Market worth $391 million by 2029

Overview of This Study:

Analyzing the major market dynamics—drivers, opportunities, challenges, restrictions, and key player strategies—is the study's goal. The competitive landscape of the pipette calibrators market can be used to track company developments, including product launches, acquisitions, agreements, and partnerships with leading players, as well as to analyze market players on a variety of parameters within the broad categories of business and product strategy. Two methods were employed to estimate the market size: top-down and bottom-up. The market split and data triangulation were used to estimate the market size of the various segments and subsegments.

Major Growth Influencing Factors:

The rise in portable and handheld devices, the development of new research facilities by pharmaceutical companies, and the advancement of genomics and proteomics research are the main factors propelling this market's expansion.

Projected Surge in Revenue Generation, Globally:

The global pipette calibrators market in terms of revenue was estimated to be worth $286 million in 2024 and is poised to reach $391 million by 2029, growing at a CAGR of 6.5% from 2024 to 2029.

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DRIVER: Growth of the Biotechnology and Pharmaceutical Industries

The biotechnology and pharmaceutical sectors are expanding significantly on a global scale. These sectors are in charge of pharmaceutical discovery, manufacturing, and distribution. World Pharma Today (2023) projects that the pharmaceutical industry would have risen rapidly in recent years and is estimated to reach USD 1.5 trillion by 2023. The main motivating elements will be patient-centered innovation in therapy and research and development.

Pipettes are widely used in the pharmaceutical and biotechnology industries for a variety of research tasks, including sample distribution, target validation, high-throughput screening, and absorption, distribution, metabolism, and excretion (ADME) screening. As a result, pipette calibration is occasionally necessary. The market will expand in tandem with the expansion of these industries.

RESTRAINT: Pipette calibration systems are expensive.

Precise pipette calibration systems are expensive, which is driving up capital investment. Robots that handle liquids, for example, might cost anywhere between $1,000 and $1,500. Furthermore, because pipette calibration systems range in price from USD 20,000 to USD 150,000, financial availability and a substantial investment are necessary. For instance, the SpeedCal (12 Channels) pipette calibration system by Sartorius costs USD 131,930, whereas the Automatic Device for Multichannel Pipette Calibration by RADWAG costs USD 52,130. Many hospitals and laboratories might not be able to purchase these systems due to financial constraints.

OPPORTUNITY: Expanding research in proteomics and genomics

Applications of proteomics and genomics processes span a wide range of fields, from biomarker identification to illness detection. Since NGS adoption in genomics research has been spurred by the increasing focus on the technology, many government agencies and businesses are concentrating on meeting end-user needs in the field. This is because the laboratories are considering liquid handling automation to make sequencing workflows more efficient and cost-effective.

CHALLENGE: Growth in services for pipette calibration

The pipette normally needs calibration services at least once a year, and most biotech businesses perform semi-annual calibrations. It is highly advised—and in many situations, mandated—that a laboratory accredited by ISO 17025:2005 service each pipette. Independent traveling pipette service providers are becoming more prevalent as a result of pipette manufacturers' continued pursuit of pipette sales revenues. These providers offer the incredibly convenient onsite measurement and maintenance services, but their turnaround times are again long.

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Geographical Growth Dynamics:

The market for pipette calibrators is dominated worldwide by North America.

The pipette calibrators market has been divided into four regions: North America, Europe, Asia Pacific, and Rest of the World. The availability of cutting-edge goods and the expansion of monoclonal antibody research in the biopharmaceutical industries are driving the North American market. Over the course of the projection period, the Asia Pacific segment is expected to achieve the greatest CAGR. Some of the key reasons propelling the expansion of this regional market are the increase in pharmaceutical research outsourcing, particularly in drug trials, and the advancement of life sciences research throughout Asian nations.

Key Players:

Major players in pipette calibrators market include METTLER TOLEDO (US), Sartorius AG (Germany), A&D Company Limited (Japan), and Advanced Instruments (US).

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