North America Pipette Market to Grow at a CAGR of 4.0% to reach US$ 845.89 million from 2020 to 2027

The North America pipette market is expected to reach US$ 845.89 million in 2027 from US$ 626.50 million in 2019. The market is estimated to grow with a CAGR of 4.0% from 2020-2027.

Pipettes are laboratory tools commonly used in biotechnology, pharmaceutical, and chemical laboratories to transport specific volume of liquids or samples. In the market, various different types of designs are available such as electronic pipetting, ultra-light pipettes, and others. The pipettes help in accurately measuring the liquids for various biology experiments, pharmaceutical applications, and others. These devices help in preventing contamination and easy handling of liquids during laboratory procedures.There are two types of pipettes most commonly found, glass pipettes that are excellent in chemical resistance, and plastic pipettes that are convenient in preventing contamination. The scope of the North America Pipette market includes type, category, channel, volume, application, and region.

US PipetteMarket Revenue and Forecasts to 2027 (US$ MN)

Market Insights-

Increasing Rate of Clinical Trials

There has been a significant rise in the rate of clinical trials. This growth is attributed to the rise of the pharmaceutical industries across the region. The phenomenal rise in the market players, contributing and collaborating with academic institute government and non-government research centers has led to a rise in clinical trials. Research and development has contributed to the growth as well.  According to the government of Canada statistics, it is stated that in the global scenarios, Canada acquires nearly 4% of global clinical trials. The country ranks number four for having various clinical trial sites, and hence it is recognized for its quality and expertise in clinical research. The country has introduced various major medical discoveries and innovations through its ability to conduct clinical research in tedious therapeutic sectors. Cities such as Toronto and Ontario have the largest numbers of clinical trials conducted. Furthermore, the Clinical Research Association of Canada (CRAC) is an organization for clinical trials and acts as a regulatory body for clinical research and trials across the country.

Type- Based Market Insights

Based on type, the pipette market is segmented into air displacement pipette and positive displacement pipette. The air displacementpipette segment held the largest share of the market in 2019, whereas the positive displacement pipette segment is anticipated to register the highest CAGR in the market during the forecast period.

North America Pipette Market, by Type – 2019 and 2027

Category- Based Market Insights

Based on category, the pipette market is segmented into manual and electronic. The manual segment held the largest share of the market in 2019, whereas the electronic segment is anticipated to register the highest CAGR in the market during the forecast period.

Channel- Based Market Insights

Based on channel, the pipette market is segmented into single channel and multi-channel (8-channel, 12-channel, and others). The multi-channel segment held the largest share of the market in 2019, also the same segment is anticipated to register the highest CAGR in the market during the forecast period.

Volume- Based Market Insights

Based on volume, the pipette market is segmented into adjustable volume and fixed volume. The adjustable volume segment held the largest share of the market in 2019, also the same segment is anticipated to register the highest CAGR in the market during the forecast period.

Application- Based Market Insights

Based on application, the pipette market, is segmented into pharmaceutical laboratories, biotech laboratories, food and beverage, forensic laboratories, and others. The pharmaceutical laboratoriessegment held the largest share of the market in 2019, also the same segment is anticipated to register the highest CAGR in the market during the forecast period.

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North America Pipette Market: Strategic Insights

North America Pipette Market

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  CAGR (2020 - 2027)

  4.0%
• Market Size 2019
  US$ 626.50 Million
• Market Size 2027
  US$ 845.89 Million

Market Dynamics

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FUTURE TRENDS

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OPPORTUNITIES

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Key Players

• Sartorius AG
• Thermo Fisher Scientific Inc
• Corning Incorporated
• Hamilton Medical
• Eppendorf AG
• HirschmannLaborger

Regional Overview

• North America

Market Segmentation

Type

• Air Displacement Pipettes and Positive Displacement Pipettes

Category

• Electronic and Manual

Channel

• Single Channel and Multi-Channel

Volume

• Adjustable Volume and Fixed Volume

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Introduction of New Technologies

Product launches and approvals are commonly adopted strategies by companies to expand their footprint worldwide and meet the growing demand. The players operating in the pipette market adopt the expansion, collaboration, and product launch strategies to enlarge customer base across the world. These strategies allow the players to maintain their brand name globally. For instance,key players, such as Illumina, Qiagen, Thermo Fisher Scientific Inc., Agilent, and Roche, are the key innovators for these technologies. They are constantly engaged in the development of products for the genomics. Thus, the introduction of new technologies requiring extensive lab work demands more of automation for completion of the tasks and reducing the manual tasks for increasing work efficiency.

NORTH AMERICA PIPETTE MARKET SEGMENTATION

By Type

• Air Displacement Pipettes
• Positive Displacement Pipettes

By Category

• Manual
• Electronic

By Channel

• Multi-Channel
  • 8-Channel
  • 12-Channel
  • Others
• Single Channel

By Volume

• Adjustable Volume
• Fixed Volume

By Application

• Pharmaceutical Laboratories
• Biotech Laboratories
• Food and Beverage
• Forensics Laboratories
• Others

By Country

• North America

  • US
  • Canada
  • Mexico

Company Profiles

• Sartorius AG
• Thermo Fisher Scientific Inc.
• Corning Incorporated
• Hamilton Medical
• Eppendorf AG
• HirschmannLaborgeräte GmbH & Co. KG
• Brand Gmbh Co Kg
• Nichiryo CO., LTD.
• METTLER TOLEDO
• Oxford Lab Product

North America Pipette Market Report Scope