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Posted by smithmorgan on October 12, 2024 at 10:35am 0 Comments 0 Likes
Posted by smithmorgan on October 12, 2024 at 10:34am 0 Comments 0 Likes
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Posted by smithmorgan on October 12, 2024 at 10:33am 0 Comments 0 Likes
The global Pipette Tips Market size is anticipated to reach USD 1.3 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.0% over the forecast period. The rise in demand for advanced liquid handling systems is boosting the market growth. The rising incidence of newer medical conditions is increasing the requirement for more R&D efforts as well as the demand for advanced automated laboratory medical devices in countries, such as the U.S. and Canada, which is among the major factors driving the market growth. The introduction of automated and robotic pipettes and their growing use in pharma and biotech, diagnostics and healthcare, academics, and education industries are also expected to drive the market during the forecast period.
The standard pipette product segment led the market in 2021 due to the multipurpose use and effectiveness of these products. A standard tip is a multi-purpose tip for many laboratory applications with a variety of performance requirements that range from high accuracy to reagent dispensing with greater tolerance. Sterile standard tips are available for applications demanding the highest level of purity. The demand for pipette tips escalated drastically in 2020 due to the COVID-19 pandemic as daily testing at diagnostic centers for virus detection increased. Even though there was a high demand, many companies faced operational and supply chain bottlenecks, which stabilized in 2021. The outbreak of COVID-19 fueled the need for extensive and effective development of vaccines and drugs as pharma and biotech industries are the major consumers of the market.
Related Press Release@ Pipette Tips Market Report
List of Key Players of Pipette Tips Market
Pipette Tips Market Report Highlights
Report Attribute |
Details |
Market size value in 2022 |
USD 677.15 million |
Revenue forecast in 2030 |
USD 1.3 billion |
Growth rate |
CAGR of 8.0% from 2022 to 2030 |
Base year for estimation |
2021 |
Historical data |
2018 - 2020 |
Forecast period |
2022 - 2030 |
Related Reports@
Insulin Storage Devices Market
Pipette Tips Market Segmentation
Grand View Research has segmented the global pipette tips market based on product, technology, application, and region:
Pipette Tips Product Outlook (Revenue, USD Million, 2018 - 2030)
Pipette Tips Technology Outlook (Revenue, USD Million, 2018 - 2030)
Pipette Tips Applications Outlook (Revenue, USD Million, 2018 - 2030)
Pipette Tips Regional Outlook (Revenue, USD Million, 2018 - 2030)
UAE
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