November 11, 2021 11:15 EST | Source: Validated Market Research Validated Market Research
Boonton, New Jersey, U.S.
Jersey City, New Jersey, November 11, 2021 (GLOBE NEWSWIRE) - A validated market research recently released a report on the "pipette tip market" by category type (electronic pipette tips, manual Pipette tips, automatic pipette tips), by application (pharmaceutical laboratory, biotechnology laboratory), by compound and solution (aqueous solution, viscous solution, volatile compound), by filter type (unfiltered Pipette tips and filtered pipette tips), by channel format (single channel and multichannel), and by geography. According to the data of Verified Market Research, the global pipette tip market size in 2020 is 96262 million U.S. dollars and is expected to reach 1.8276 billion U.S. dollars by 2028, with a compound annual growth rate of 6.27% from 2021 to 2028.
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Global Pipette Tip Market Overview
Pipette tips are used for research purposes, for faster and more accurate transfer of research samples for any experiment. Therefore, increasing attention to promoting research to improve patient health is driving market research. Due to blocked manufacturing and distribution channels, the number of diagnostic tests and screenings will increase in 2020. In addition, trade restrictions restricting imports and exports have resulted in a shortage of pipette tips. The pipette tip is disposable to prevent cross-contamination, so it is impossible to reuse it. Therefore, in order to effectively screen a large number of samples in the COVID era, an increase in the production capacity of pipette tips has been observed, thereby driving market growth.
The increasing awareness of clean labels and non-contaminating products has driven food testing, which in turn has driven the demand for pipette tips. The consumption of processed and packaged foods in developed countries continues to grow, and developing countries and emerging economies shift their consumption to convenience foods, which is conducive to market growth. Pipette tips are increasingly used in research and development applications, but as the amount of sample used for analysis continues to increase, manual pipettes are being replaced by automatic pipettes. Several shortcomings associated with manual pipettes have driven the need for automated pipette systems. The continuing trend of miniaturization of medical devices and equipment enables laboratories to reduce the cost of reagents and samples. Therefore, there is a higher requirement to reduce the waste of solutions and reagents, and manual pipetting is unlikely. Due to the safe and precise use of reagents through automated pipette systems, its demand is expected to increase in the next few years.
The pipette tip is considered the most commonly used hand-held laboratory tool and is easy to disassemble and handle to prevent cross-contamination during sample handling. Since these pipette tips are disposable, there are problems with their recyclability. Pipette tips are the main source of non-chemical waste in biomedical laboratories because a large number of tips are thrown out of the laboratory, and there is a lack of recycling programs for disposal tips. Insufficient or lack of laboratory recycling companies in underdeveloped countries or developing economies may be the main obstacle to the growth of the pipette tip market.
The main players in the market are Thermo Fisher Scientific, Sartorius AG, CORNING INC., Mettler Toledo, Tecan Trading AG, Hamilton Company, Eppendorf AG, etc.
Validated market research segments the global pipette tips market based on category type, application, compound and solution, filter type, channel format, and geographic location.
Liquid handling systems market (electronic, automatic and manual) by-products (pipettes, electronic, manual and semi-automatic) by type, by application (HTS, genomics, drug discovery and ADME screening), by geography, forecast, 2021- 2028
Pipettes and pipette product market (glass pipettes, plastic pipettes and others), by application (biology, chemistry, medicine and others), by geography, forecast, 2021-2028
Manual pipette market by product (single channel, multi-channel), by application (biology, chemistry, medicine and others), by geography, forecast, 2021-2028
Positive displacement pipettes in the laboratory market by type (single-channel pipette, multi-channel pipette), by application (life science laboratory, biochemical laboratory, other), by geography, forecast, 2021-2028
Top laboratory consumables brands improve testing technology in closed environments
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