India Automated Liquid Handling Technologies Market Size & Outlook
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India automated liquid handling technologies market highlights
- The India automated liquid handling technologies market generated a revenue of USD 60.3 million in 2023 and is expected to reach USD 146.3 million by 2030.
- The India market is expected to grow at a CAGR of 13.8% from 2024 to 2030.
- In terms of segment, workstations was the largest revenue generating product in 2023.
- Reagents & Consumables is the most lucrative product segment registering the fastest growth during the forecast period.
Automated liquid handling technologies market data book summary
| Market revenue in 2023 | USD 60.3 million |
| Market revenue in 2030 | USD 146.3 million |
| Growth rate | 13.8% (CAGR from 2024 to 2030) |
| Largest segment | Workstations |
| Fastest growing segment | Reagents & Consumables |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Workstations, Reagents & Consumables |
| Key market players worldwide | Thermo Fisher Scientific Inc, Agilent Technologies Inc, Danaher Corp, Corning Inc, Eppendorf, Formulatrix, Gilson, Beckman Coulter, Lonza Group Ltd, PerkinElmer, Qiagen NV, Tecan Group AG, Mettler-Toledo International Inc |
Other key industry trends
- In terms of revenue, India accounted for 2.9% of the global automated liquid handling technologies market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China automated liquid handling technologies market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 361.2 million by 2030.
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Automated Liquid Handling Technologies Market Scope
Automated Liquid Handling Technologies Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Formulatrix | View profile | 1001-5000 | Bedford, Massachusetts, United States, North America | http://formulatrix.com |
| Mettler-Toledo International Inc | View profile | 17300 | 1900 Polaris Parkway, Columbus, OH, United States, 43240 | https://www.mt.com |
| Gilson | View profile | 501-1000 | Middleton, Wisconsin, United States, North America | http://gilson.com |
| Eppendorf | View profile | 1001-5000 | Hamburg, Hamburg, Germany, Europe | https://dasgip.de |
| Beckman Coulter | View profile | 10001+ | Brea, California, United States, North America | http://www.beckmancoulter.com |
| Tecan Group AG | View profile | 3591 | Seestrasse 103, Mannedorf, Switzerland, 8708 | https://www.tecan.com |
| PerkinElmer | View profile | 10001+ | Waltham, Massachusetts, United States, North America | http://www.perkinelmer.com |
| Corning Inc | View profile | 49800 | One Riverfront Plaza, Corning, NY, United States, 14831 | https://www.corning.com |
| Qiagen NV | View profile | 5900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | https://www.qiagen.com |
| Agilent Technologies Inc | View profile | 17700 | 5301 Stevens Creek Boulevard, Santa Clara, CA, United States, 95051 | https://www.agilent.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| Lonza Group Ltd | View profile | 18000 | Muenchensteinerstrasse 38, Basel, Switzerland, CH-4002 | https://www.lonza.com |
India automated liquid handling technologies market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automated liquid handling technologies market will help companies and investors design strategic landscapes.
Workstations was the largest segment with a revenue share of 65.01% in 2023. Horizon Databook has segmented the India automated liquid handling technologies market based on workstations, reagents & consumables covering the revenue growth of each sub-segment from 2018 to 2030.
The adoption of NGS in India is anticipated to boost the use of automated liquid handling technologies for processes such as sample preparation. The most important factors expected to have a significant impact on NGS are how much and to what extent the growth of personalized medicine can enhance the adoption of this technology in the next 7 years.
The exponentially decreasing cost of sequencing whole genomes with subsequent technological advancements in precision medicine closely replicates Moore’s law for semiconductors in the field of life sciences. As of March 2022, there were 63 operational sites with NGS facilities across 24 states and 3 union territories.
These facilities are also part of the Indian SARS-CoV-2 Genomics Consortium. Illumina, Inc., Oxford Nanopore Technologies, and Ion Torrent Systems, Inc. are key providers of NGS platforms in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the India automated liquid handling technologies market , including forecasts for subscribers. This country databook contains high-level insights into India automated liquid handling technologies market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India automated liquid handling technologies market size, by product, 2018-2030 (US$M)
India Automated Liquid Handling Technologies Market Outlook Share, 2023 & 2030 (US$M)
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