Liquid Handling Technology Market: Global Industry Size, Share, Outlook, Growth and Forecast 2022 by Brisk Insights

Friar Lane, United Kingdom, June 24, 2016 --(PR.com)-- According to a recently published report, the global Liquid Handling Technology Market is expected to grow a CAGR of 8.3% in a period of 2015-2022. The segmentation of the global liquid handling technology market is based on instrument, application and geography. The report on global liquid handling technology market forecast, 2015-2022 (instrument, application and geography) provides detailed overview and predictive analysis of the market.

The growth and demand of the global liquid handling technology market is very high in developed and developing countries. The global liquid handling technology market has generated revenue of more than $ 2.35 billion in 2015 and is expected to reach up to $ 2.76 billion in 2022. The major drivers of the market are raising demand for high throughput screening and superior medical diagnostics, increasing demand of automated liquid handling technologies in single cell analysis and cellular workflows, increasing investments on R&D in the field of health sciences and pharmaceuticals. The major key drivers which accelerate the market are the addition of automation in research and medical institutions. The advanced automated liquid handling technologies have significantly reduced the time spent in liquid handling and provided quality results. These automated liquid handlers are capable of handling laboratory tasks such as serial dilutions, stamping and plate reformatting. The increasing market of biotechnology and pharmaceuticals helps to increase the market of liquid handling technology globally. The pharmaceutical market has generated the market revenue more than $487 million in 2014 and is expected to reach up to $637.27 million in 2022. The biotechnology market has generated the revenue of $ 649million in 2014 and is expected to reach up to $ 824.14 million in 2022. Due to the large investments, complex operability of technology and lack of research institutes in developing countries act as major hindrances for the market growth.

Detailed study on this Report : http://www.briskinsights.com/report/liquid-handling-technology-market