The Global market for European robotic liquid handling devices for genomics is forecast to reach $624.6 million by 2025, growing at a CAGR of 2.9% from 2020 to 2025. The market growth is attributed to its precise, accurate, fast and consistent operations. Moreover, technological advancements associated with robotic liquid handling systems, lack of skilled professionals and improved error-free operations propels the market growth.
Key Takeaways
• Robotic workstations for practical genomics are useful for replicating clone collections, setting up and cleaning PCR and sequencing, hit selection, filling gel, and purification procedures for nucleic acids. Workstations not only maximize the performance, but also ensure accurate execution of assay steps, human error and curve-free learning from run to run.
• U.K region is expected to dominate the global European robotic liquid handling devices for genomics market during the forecast period 2020-2025. The market growth is due to reduced sequencing prices, rising funding from programs funded by national and foreign governments, pharmaceutical firms and others.
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Geography – Segment Analysis:
Genomics is the rapidly increasing and incredibly diverse global field. In the field of genomics the UK is in a strong position internationally. It has played a role in genomics history and growth, and is regarded as having good academic talent and field expertise.U.K universities are now improving their capacity to translate research knowledge into market strategies through technology transfer bureaus. This is apparent from the growing number of medical spin-outs in the U. K and even the distribution of U.K. firms in the sector. The opportunity for the UK is to scale up and aggressively sell further innovations to draw on the size of its intellectual advantages in economic growth.
Drivers – European Robotic Liquid Handling Devices for Genomics Market:
Technological advancements associated with robotic liquid handling devices:
Improvements in disposable tip technology, autonomous probe positioning, tracking air displacement, and the auto load alternative extend the scope of liquid handling robotics by enhancing process reliability and flexibility. Several errors inherent in modern laboratory automation are avoided or minimized considerably, such as failure of the tip connection or failure of the aspiration without confirmation.Improved efficiency of the procedure contributes to better, more reliable analytical performance, thereby boosting market growth.
Market Landscape: Top players in European robotic liquid handling devices for genomics market are Illumina, Inc., Thermo Fisher Scientific, Inc., Abcam Plc., Epizyme, Inc., Agilent Technologies, Qiagen N.V., Merck & Co., (Merck), Active Motif, Diagenode, Inc., Zymo Research Corporation and among others.
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