( MENAFN - Evertise Digital) -< /> The Liquid Handling System Market Size is expected to reach USD 6.7 Billion by 2031, growing at a CAGR of 4.5% over the forecast period 2024-2031, the value of market was USD 4.
7 Billion in 2023, according to the SNS Insider report. This growth is primarily driven by the Growing investments in drug discovery and development, the increasing demand for high-throughput screening, and the continuous advancements in automated liquid handling systems. Download Sample Copy of Report: Some of Major Key Players in this Report: Growing Demand for Liquid Handling Systems Driven by R&D Initiatives and Automation The liquid handling system market is experiencing significant growth due to Various compelling factors.
Rising investments in drug discovery and R&D activities are Driving the demand for these systems. The increasing need for high-throughput screening for novel drug development is driving the adoption of automated liquid handling systems. These systems improve efficiency and accuracy by automating repetitive pipetting tasks, significantly accelerating the drug discovery process.
The rising adoption of automation in clinical settings to improve workflow efficiency and minimize human error is contributing to market growth. The development of vaccines and the influx of investments by new drug companies are further Drive the market. Manufacturers are continuously releasing new drugs to combat various diseases, consequently pushing the demand for liq.
