Improved Product Features and New Applications Continue to Support Growth in the Pipettes and Pipettors Market, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Pipettes and Pipettors markets. The global market for Pipettes and Pipettors is forecast to reach US$1.1 billion by the year 2018. Growth in the market would be primarily driven by product improvements and extended application in sectors including life sciences, biomedical research, and environmental and food processing industries. In addition, the market is expected to gain from emerging economies following improved infrastructure investments and capital inflows in these regions.

Pipettes and Pipettors: A Global Strategic Business Report

Follow us on LinkedIn – Technological advances continue to transform the global analytical instruments industry, although more in an evolutionary manner. The industry has gradually moved towards perfecting existing technologies and making them faster, easier to use and cheaper, instead of introducing revolutionary breakthroughs in basic technology. Similar trends have been witnessed in the pipettes and pipettors sector, an important component of the liquid handling market. Today, large-scale applications in life sciences and biomedical research drive the use of advanced pipettes and pipettors. Pipettors have also benefited from a modest increase in demand from clinical laboratories. Other factors fueling demand include attempts to improve medical care and the growing needs of the pharmaceutical, chemical, environmental, and food processing industries.

As the importance of laboratory ergonomics comes into play, pipette ergonomy is not surprisingly gaining in significance in recent years. Hence pipette manufacturers are increasingly giving due importance to ergonomics of pipette, as buyers continue to seek comfortably designed instruments that do not require unnatural motion of fingers. New products incorporate automation features, resist contamination, handle corrosive and hazardous fluids and are suitable for repetitive procedures. With users placing more importance to precision and safety, electronic pipettors continue to gain share over mechanical ones. Another factor underpinning the growth in this market is drop in product prices, rise in diagnostic tests such as PCR and use of ultra-micro volumes in laboratories. Electronic pipettors offer better results, besides being ergonomically friendlier.

Presently, amid the prevailing euro-zone crisis and volatile economic environment, growth in the laboratory equipment sector including the pipettes and pipettors market, remains subdued. Following the slowdown in revenue growth during 2008 and 2009, the market staged a comeback in 2010, primarily driven by improvement in global economy, and subsequent revival in spending power among laboratories. Much of this recovery can be attributed to the huge pent-up demand among laboratories, created by postponement of new purchases or upgrades and replacements. Growth however trickled down in latter part of 2011, as demand softened amidst purchase freezes and deterioration in capital budgets and government spending. However, given the fact that research represents an integral part of universities and companies operating in the pharmaceuticals and other research sectors, the intensity of impact of the volatile economic environment is not expected to stay for prolonged period as expected in other sensitive sectors.

As stated by the new market research report on Pipettes and Pipettors, Europe represents the largest market in terms of both unit and dollar sales. Asia-Pacific, with the exception of Japan, is projected to be the most dynamic market. The rapid expansion of economies such as China and India and the continuous transition by these nations into high-tech areas such as biotechnology and specialty chemicals, and increasing emphasis on quality and environmental regulations offer healthy growth opportunities for lab instrument manufacturers. Segment-wise, Pipette Tips dominate the global Pipettes and Pipettors market in terms of both unit and value sales. Fastest growth is forecast to stem from Electronic Pipettors segment. The segment continues to invade the liquid handling equipment market with a gamut of new designs and technologies focused on accelerating the workflow and generating highly accurate results. New features added to products include microprocessor controls, electronically removable pipettor tips, and large-screen interfaces that enable easy and intuitive liquid handling operations.

Major players profiled in the report include BRAND GmbH, Corning Life Sciences, Denville Scientific Inc. , Eppendorf AG, Gilson, Inc., Hamilton Company, Mettler-Toledo International, Microlit, Nichiryo Co., Ltd., Sartorius Biohit Liquid Handling, Socorex, and Thermo Fisher Scientific, among others.

The research report titled “Pipettes and Pipettors: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the Pipettes and Pipettors market, impact of recession on the market, current market trends, key growth drivers, recent product introductions, recent industry activity, and profiles of major/niche global as well as regional market participants. The report provides annual sales estimates and projections for Pipettes and Pipettors for the following geographic markets – The US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World. Key segments analyzed include Electronic Pipettors, Mechanical Pipettors, Glass Pipettes, Plastic Pipettes and Pipette Tips.

For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Pipettes_and_Pipettors_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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