Pipette Tips Market

Pipette Tips Market Research, 2031

The global pipette tips market was valued at $1.5 billion in 2021, and is projected to reach $2.3 billion by 2031, growing at a CAGR of 4.1% from 2022 to 2031.

Pipette tips are autoclavable, disposable appendages used to absorb and distribute liquids with a pipette. In many laboratories across the world, micropipettes are employed. Pipettes can be used to disperse liquids onto well plates in preparation for PCR testing by the researcher or diagnostic lab. In a microbiology lab examining industrial materials, micropipette tips can also be used to dispense testing items such as paint and caulk. The microliter volume of each tip varies from 0.01ul to 5mL. Pipette tips are clear and made of molded plastic, allowing for easy visibility of the contents. Micropipettes can be purchased as non-sterile or sterile, filtered or unfiltered, and free of DNase, RNase, DNA, and pyrogen. A pipette is a scientific device that is used to transmit a precise amount of liquid. An airtight seal is created by attaching a pipette tip to the pipette's end. A pipette tip is a device that allows you to precisely distribute liquid from a pipette. Pipette tips are made of polypropylene and can be reused. Due to rising global demand for liquid handling equipment, notably pipettes, pipette tips are getting more expensive. Increased demand for pipettes is being driven by the increased prevalence of cancer and AIDS, which is fueling medical research and development

Due to liquidity constraints and limited working capital, the initial impact of the second wave's initial impact was heaviest on small enterprises and merchants. But However, with emerging COVID-19 pandemic also came an emerging need to discover vaccines and a cure for the virus, which, in turn, increased the demand of for pipette tips and the drug development procedures required sterility and confined doses that are procured by pipette tips. Hence, overall COVID-19 had a positive impact on the pipette tips market.

Pipette tips are used in research to transfer research samples more quickly and accurately in order to conduct experiments. As a result, market research is being driven by a growing focus on expanding research to improve patient health. Due to restricted manufacturing and distribution routes, the frequency of diagnostic testing and screening was raised in 2020. In addition, trade limitations limiting imports and exports resulted in a pipette tip scarcity. Because pipette tips are disposable to avoid cross-contamination, they cannot be reused. Thus, increasing the production capacity of pipette tips has been noticed for efficient screening of high volumes during COVID periods, which drives market expansion. Food testing is increasing as people become more mindful of clean, marked, and contamination-free products, which drives up demand for pipette tips. The pipette tips market share is growing due to rising consumption of processed and packaged food in industrialized countries, as well as a shift in consumption toward convenience food in developing and emerging economies. Pipette tips are becoming more widely utilized in research and development; however, as the volume of samples for analysis grows, manual pipettes are being replaced by automated pipettes. The desire for an automated pipette system has grown as a result of several disadvantages connected with the manual pipette. The continued development of medical device and equipment downsizing allows laboratories to reduce the cost of reagents and samples. As a result, there is a greater desire to reduce solution and reagent waste, which is more difficult to achieve with manual pipetting. Its demand is predicted to rise in the coming years as a result of the automated pipette system's safe and precise use of reagents.

Pipette tips market growth is driven by increased molecular biology demand is predicted to contribute positively to market revenue growth over the pipette tips market forecast period. Furthermore, biotechnology businesses around the world are stepping up their efforts to develop cutting-edge products and solutions that will treat diseases with zero errors. Other factors predicted to fuel market expansion in the future include technological improvements in the healthcare industry, more investment in R&D activities, and enhanced healthcare infrastructure. Over the projected period, alternative flooring solutions and excessive costs are expected to stifle global market revenue growth. Furthermore, rising raw material costs and a scarcity of cost-effective and skilled labor in some countries are likely to limit market revenue growth in the next years.

Positive Impact of COVID-19 on the Market

As a result of the COVID-19 pandemic and lockdowns, various governments have shut down airports, ports, and commercial and & domestic transit. This had a global impact on manufacturing activities and operations and, has an influence on other countries' economies of various countries. Complete and partial country-wide lockdowns have a significant impact on the manufacturing sector's demand and supply side of the manufacturing sectors. A sudden and significant drop decline in economic activity resulted in a production slowdown and, to a large extent, job losses. Hence, owing to issues on from the demand side, such as reduced disposable income, depleted reserves, and increasing anxieties and uncertainties, supply consequences were witnessed decline.  Due to liquidity constraints and limited working capital, the initial impact of the second wave's initial impact was heaviest on small enterprises and merchants. But However, with emerging COVID-19 pandemic also came an emerging need to discover vaccines and a cure for the virus, which, in turn, increased the demand of for pipette tips and the drug development procedures required sterility and confined doses that are procured by pipette tips. Hence, overall COVID-19 had a positive impact on the pipette tips market.

The pipette tips market is segmented into Type, Technology and End User.

The pipette tips market size is segmented on the basis of type, technology, end users and region. By typethe market is segmented into filtered pipette tips and non-filtered tips. Bytechnology the market is bifurcated into manual and automated & robotics. Byend users the market is fragmented into pharmaceutical & biotechnological companies, academics & research institutes and others. The others segment is further segmented into diagnostic labs and hospitals.

Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Type Segment Review

By type, the non-filtered pipette tips segment was the highest revenue contributor to the pipette tips market size, The growth of this segment is attributed to less manufacturing facilities and increasing demand for clinical diagnosis.  

Technology Type Segment Review

By technology type, the manual segment was the highest revenue contributor to the market. The growth of this segment is attributed to easy availability, reduced cost and limited technological adaptation among sample and liquid handling departments.

End User Type Segment Review

By end user type, the pharmaceutical and biotechnolgical companies segment was the highest revenue contributor to the market. The growth of this segment is attributed to surge in drug development and commercialization of pharmacy among the world.

Region Type Segment Review

Region wise, North America was the highest revenue contributor in 2021, the growth of this segment is attributed to surge in cancer and genetic disorder cases that elevate the need and demand for curable medicines and therapies.

Major key players that operate in the global pipette tips industry are Analytik Jena GmbH, Corning Incorporated, Eppendorf Corporate, Integra Holding AG, Labcon, Mettler Toledo, Sartorius AG, Sacorex ISBA SA, Tecan Trading AG and Thermofisher Scientific Inc.

Key Benefits For Stakeholders

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the pipette tips market analysis from 2021 to 2031 to identify the prevailing pipette tips market opportunity.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the pipette tips market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global pipette tips market trends, key players, market segments, application areas, and market growth strategies.

 Pipette Tips Market Report Highlights