Breakthroughs in the human genome project coupled with phenomenal growth in large-scale applications such as combinatorial chemistry is expected to fuel demand for standard as well as highly specialized laboratory equipment. Global Pipettes and Pipettors market is projected to reach $996.2 million by 2012.
San Jose, CA (PRWEB) November 10, 2008 -- Pipettes and pipettors are treated as an integral part of any research laboratory. Large-scale applications in life sciences and biomedical research continue to drive the use of advanced pipettes and pipettors. With increase in diagnostic tests and biotech research, pipetting has become a more frequent process in laboratories worldwide. Currently, protein research is in the limelight, following successful sequencing of human genome and improvements in protein research technology. New products now incorporate automation features, resist contamination, handle corrosive and hazardous fluids, and are usable for repetitive procedures. The trend towards miniaturization of liquid handling capabilities has led to fully integrated, multiple-application equipment with a wide range of functionality and customization.
As stated by the recent report published by Global Industry Analysts Inc., worldwide pipettes and pipettors market is dominated by Europe and United States, which together account for 60.3% share of dollar sales estimated in the year 2008. Asia-Pacific, the next largest regional market for pipettes and pipettors is expected to offer the strongest growth opportunity flaunting the potential to grow at a projected CAGR of about 5.7% over the years 2011 through 2015. The rising emphasis laid by developing countries on technology intensive areas such as biotechnology, pharmaceuticals, specialty chemicals, steel and electronics will be key to future growth.
With ergonomics, precision, and safety becoming the buzzwords in the pipettors market, electronic pipettors are poised to overshadow gains in the mechanical pipettors market. Globally, Electronic pipettors market is expected to rise by 48.27 thousand units between the period 2008 and 2012. Novel designs, rise in PCR diagnostic tests, and the involvement of ultra-micro volumes in laboratories will offer favorable opportunities. In terms of unit sales, Europe is the largest market for Pipette Tips worldwide accounting for an estimated share of 38.1% as estimated in the year 2008.
Leading global and regional players in the pipettes and pipettors market include Biohit OYJ, Brandtech Scientific Inc, Corning Life Sciences, Denville Scientific, Eppendorf AG, Gilson Inc, Hamilton Company, Mettler-Toledo International Inc, Microlit, Nichiryo Co Ltd, Thermo Fisher Scientific Inc, Apogent Technologies Inc, VWR International LLC, Jencons Scientific Ltd and Wheaton Science Products, among others.
The report, titled "Pipettes and Pipettors: A Global Strategic Business Report" published by Global Industry Analysts, Inc., covers major market dynamics, trends, issues, and competition pertaining to the market. Unit and Dollar analytics are provided for the following segments analyzed - Electronic Pipettors, Mechanical Pipettors, Glass Pipettes, Plastic Pipettes and Pipette Tips. The report enumerates recent developments, mergers, acquisitions and other strategic industry activities. Analysis is presented for established and emerging markets including United States, Canada, Japan, France, Germany, United Kingdom, Italy, Asia-Pacific, and Latin America.
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About Global Industry Analysts, Inc.:
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
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