Pipette Tips Industry Overview
The global pipette tips market size was valued at USD 630.0 million in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 8.0% from 2022 to 2030.
Constant innovation in products, increasing demand for R&D, and a rising number of healthcare settings & diagnostics and liquid handling systems are key drivers responsible for the growth of the market. A pipette is a laboratory instrument to transfer a specific volume of liquid. The pipette is joined at the end with a pipette tip, forming an airtight seal between them. A pipette tip helps a pipette to dispense a specific volume of liquid and is mostly made of Polypropylene (PP) and is both disposable and reusable.
In addition, there has been an increasing number of innovations in this product category, which is fueling the product demand in this category. The demand for pipette tips like wide orifice tips, gel loading tips, standard, filtered, low-retention, pipette tips, etc., escalated drastically due to the onset of the COVID-19 in 2020 as they were among the crucial laboratory devices used for identifying the presence of the virus. The U.S filter tips product type segment is expected to witness the fastest CAGR over the forecast period. Robotics held the largest share in 2021.
Gather more insights about the market drivers, restrains and growth of the Global Pipette Tips Market
This can be attributed to the rise in liquid handling systems, increasing diagnostics, and research and development. As per Greiner AG, a manufacturer of laboratory supplies & instruments, countries like the U.K. and Germany have a strong technology partnership with universities, research institutes, and the diagnostic, pharmaceutical, and biotechnological industries, which has increased the demand for pipette tips. The automation and robotization of devices are modifying industry and society. Robotic technology is used for the automation of medical devices as well as pipettes for more accurate and minimal errored results.
Automatic pipettes are used for calibration. Automatic pipettes are used in the biological, biochemical, and microbiological teaching and research laboratories to accurately transfer small liquid volumes. Many diagnostics, pharma, and biotech industries require pipettes for testing. They require these devices in large quantities as well, as pipettes are required in each process in analytical labs, quality testing lab department, etc. Robotics has impacted the industrial outlook through automation. Automated pipettes can take the manual labor out of repeated pipetting and can offer various advantages.
Perhaps the most obvious is greatly improved throughput, as the automation frees up time and effort for other tasks. Another benefit is enhanced reproducibility. Automated pipetting removes the variation in pipetting styles of different users. The demand for pipette tips escalated drastically in 2020 due to the outbreak of COVID-19 as daily testing at diagnostic centers for infection detection increased. However, many supply chain bottlenecks were faced as the demand for pipette tips exceeded its supply.
To counter this, key players created additional production capacity for significant laboratory items like pipette tips, to secure the supply of research and diagnostic facilities. During the second half of 2020, a significant increase in sales revenues was witnessed, especially in the USA and Europe. Pipette tips manufacturers like Eppendorf are building a new plant for high-quality laboratory consumables made of functional high-tech polymers. These aforementioned factors played a crucial role in increasing the demand for pipette tips during COVID-19.
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Market Share Insights
- April 2022: Eppendorf Group, a key market player, announced its expansion by building a new plant for high-quality laboratory consumables made of functional high-tech polymers.
Key Companies profiled:
Some prominent players in the global pipette tips market include
- Eppendorf
- Mettler Toledo
- Thermo Fisher Scientific
- Sartorius
- Biotix
- Corning
- Greiner Group AG
- Capp
- Sarstedt
- Brand GmbH
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