Liquid Handling Technology Market Size, Growth Trends, and Competitive Analysis by 2027:
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The liquid handling technology market was valued at US$ 3,201.36 million in 2018 and it is projected to reach US$ 5,705.63 million in 2027; it is expected to grow at a CAGR of 6.7% from 2019 to 2027. Liquid handling technologies are used in the automation of chemical or biochemical laboratories. For these technologies, various systems are used that dispense a selected quantity of reagent, samples, or other liquid to a designated container. These systems are software integrated that allows the user to customize the liquid handling procedures and transfer volumes. The growth of the global liquid handling technology market is attributed to the increasing drug discovery activities, growing biopharmaceutical industry and rising research and development expenses. However, scarcity of skilled professionals is the major factor hindering the market growth.

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