Automated liquid handling (ALH) has now become a vital tool in drug development and discovery, especially in high-throughput screening procedures comprising millions of compounds. Different innovations in ALH systems have facilitated assay miniaturization, thereby exponentially accelerating the discovery of chemical probes and drug candidates for querying biological systems.

The major factors that drive the global ALH market are advantages of ALH systems over manual pipetting, dearth in skilled professionals, and technological advancements associated with ALH systems. In addition, rise in awareness of the benefits of using ALH is expected to fuel the market growth. However, high costs of instruments and complex operability of advanced ALH systems are expected to restrain the market growth. Furthermore, untapped potential of emerging markets provides lucrative opportunities to the market players.

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The standalone ALH type segment occupied the highest share in ALH type market in 2016, owing to their sheer usage and availability in different research and clinical settings. The ALH PCR setup procedure segment witnessed the highest growth rate in 2016. However, the serial dilution procedure is anticipated to dominate the market.

Key Findings:

The fixed tip modality segment is anticipated to grow at the highest CAGR from 2017 to 2023.
The biotechnology and pharmaceuticals company end user segment generated the highest revenue in 2016, and is expected to continue its dominance in the near future.
North America dominated the global ALH market, and is projected to grow at a CAGR of 7.3% from 2017 to 2023.
Asia-Pacific is expected to witness the highest growth rate during the forecast period.
The report provides extensive competitive analysis and profiles of key market players such as Tecan Group Ltd., Corning Incorporated, Hamilton Company, Agilent Technologies, Mettler-Toledo International Inc., PerkinElmer Inc., Thermo Fisher Scientific, Inc., Danaher Corporation, Aurora Biomed, and Eppendorf Ag.
The other players in the value chain include Shimadzu, Roche Holding Ag, Bio-Rad Laboratories, Inc., Siemens Healthcare, Synchron Lab, and Hudson Robotics.

Asia-Pacific possesses high market potential for the growth of automated liquid handling market, owing to increase in accessibility and availability of ALH systems and rise in healthcare and research expenditure. This region is anticipated to experience rapid market growth due to economic development.

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