Global Pipette Calibrators Market Size Study & Forecast, by Type (Devices, Software), By Channel Type (Single Channel, Multi-channel), By Method (Gravimetric, Photometric, Other Methods), By Application (Research, Clinical Diagnostics), By End-user (Pharmaceutical & Biotechnology Industry, Hospitals, Research & Academic Institutes), and Regional Analysis, 2023-2030
Global Pipette Calibrators Market is valued at approximately USD 252.15 million in 2022 and is anticipated to grow with a healthy growth rate of more than 6.5% over the forecast period 2023-2030. Pipette calibrators are specialized instruments used to verify and adjust the accuracy of pipettes, which are crucial for precise liquid measurement in laboratories. These calibrators ensure that pipettes are functioning correctly and delivering accurate volumes according to established standards. They offer features like volume settings, multiple calibration modes, digital displays, and data recording capabilities. Pipette calibrators are compatible with various types of pipettes and generate calibration certificates detailing measured parameters and deviations. They play a critical role in assuring quality control in scientific and analytical procedures, preserving measurement precision, and improving experimental reproducibility. The imposition of stringent quality standards and regulations, the growing focus on data precision and accuracy, and the rise in the trend of automation are the most prominent factors that are propelling the market demand across the world.
In addition, the rapid expansion of the pharmaceutical & biotechnology industries is poised to prompt the demand for pipette calibrators at a substantial rate. These include the growing emphasis on data integrity and product quality, the usage of automated liquid handling systems expanding, the FDA and other regulatory agencies imposing strict quality requirements, and the growing emphasis on precision and accuracy in laboratory operations and analysis. The necessity for dependable calibration instruments, such as pipette calibrators grows as research and development activities in these areas continue to grow to guarantee precise measurements and adherence to industrial norms. As per Statista, in 2018, the global pharmaceutical sector generated revenue of USD 1204.8 billion, and the amount increased and reached USD 1423.5 billion in 2021. Also, the pharmaceutical industry is anticipated to progressively grow, which in turn, accelerates the market growth globally. Moreover, the increase in genomics and proteomics research, as well as the rise in adoption of digital and electronic pipettes presents various lucrative opportunities over the forecasting years. However, the high cost of pipette calibration systems and the presence of alternative technologies are hindering the market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Pipette Calibrators Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increased government funding for life science research, the concentration of key industry players, the rise in the development and adoption of pipette calibrators compliant with industry standards, and substantial R&D investments by pharmaceutical and biopharmaceutical firms. Whereas Asia Pacific is expected to grow at the highest CAGR over the forecast years. The increasing adoption of pipettes across various industries, the growing focus on quality assurance, and the presence of stringent quality standards and regulations are significantly propelling the market demand across the region.
Major market players included in this report are:METTLER TOLEDO International Inc.
Sartorius AG
Advanced Instruments
A&D Company, Limited
Cole-Parmer Instrument Company, LLC
Gilson Incorporated
Humpage Technology Ltd.
IKA-Works, Inc
IRB Infrastructure Developers Ltd.
PerkinElmer Inc.
Recent Developments in the Market: In 2023, RADWAG Balances and Scales, based in Poland, introduced the AP-12.1.5Y, the industry's first automatic device designed to calibrate both single- and multi-channel micropipettes with a precision of one µg, meeting the stringent ISO 8655 requirements.
In 2022, Advanced Instruments, a US-based company, completed the acquisition of Artel, a globally recognized leader in performance management solutions for workflows involving automated liquid handling systems and manual pipettes across the life science industry.
In 2021, METTLER TOLEDO, headquartered in the US, entered into a strategic agreement with the US Department of Defense to bolster domestic production capacity for pipette tips. This collaboration aims to enhance manufacturing automation and logistics processes, ensuring reliable and efficient supply chain management.
Global Pipette Calibrators Market Report Scope: Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Channel Type, Method, Application, End-user, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters to detailed information about the crucial aspects such as driving factors & challenges that will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:By Type:
Devices
Software
By Channel Type:
Single Channel
Multi-channel
By Method:
Gravimetric
Photometric
Other Methods
By Application:
Research
Clinical Diagnostics
By End-user:
Pharmaceutical & Biotechnology Industry
Hospitals
Research & Academic Institutes
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
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