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The market for automated liquid handling is being aided by the growing demand for automation in various manual processes, such as sample preparation, sequencing, bioassays, and screening to boost the operational efficiency of research activities in laboratories. The integration of automated liquid handling systems with various built-in other systems to automate equipment is augmenting the market growth. Moreover, researchers are preferring automated liquid handling systems to enhance the precision of research activities while reducing contamination in laboratories is significantly contributing to the industry growth. The rising deployment of automated liquid handling systems in the pharmaceutical industry for drug discovery and development to boost cost-effectiveness and precision is expected to provide impetus to the market growth.
Some of the leading companies in the market are Agilent Technologies (NYSE: A) and Danaher Corporation (NYSE: DHR). In January 2019, Beckman Coulter Life Sciences, a business of the latter company, announced the acquisition of Labcyte. This would enable the company to utilise the Echo® acoustic droplet ejection technology of Labcyte to transfer a meagre amount of liquid accurately and rapidly. The acquisition was expected to enhance the cost-effectiveness of laboratory work, especially in the field of genomics and drug discovery. This would also boost research activities to enable fast delivery as well as the discovery of novel drugs by the company. Moreover, the company was projected to expand its portfolio of liquid handling business by leveraging automated workflows and high-throughput to accelerate the research and development (R&D) activities for advancements in biotechnology. Such acquisitions are increasing the research capabilities of leading companies, hence fuelling the market growth of automated liquid handling.
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The major players in the global automated liquid handling market are Agilent Technologies, Inc., Hamilton Company, Aurora Biomed Inc., Biotix, Inc., and Gilson, Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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