Number of pages: 100 | Report Format: PDF | Published date: 14 October, 2022
Historical Years – 2020 | Base Year – 2021 | Forecasted Years – 2022-2030
The global disposable pipette tips market was valued at US$ 1.47 billion in 2021 and is expected to witness a CAGR of 3.90% during the forecast period.
Market Fundamentals
Pipette tips are consumables often used in laboratories to carry specific volumes of liquids. A pipette has a tip at the end and was created specifically to provide top quality for scientific research operations in several laboratories worldwide. It has several uses, including forensic testing, diagnostics, clinical research, biotech, the pharmaceutical sector, and academic life science research. Polypropylene is primarily used in the production of pipette tips. Furthermore, these tips are of single-use, autoclavable accessories used with pipettes to take in and dispense liquids. Many laboratories make use of micropipettes. Pipette tips can be used in a research/diagnostic lab to distribute liquids into a well plate for PCR testing.
[543543]
Market Dynamics
In molecular biology, pipettes are of essential use since measurements must be exact and error-free. Therefore, increased demand from molecular biology is anticipated to contribute to market revenue growth during the projected period positively. Additionally, biotechnology companies worldwide are improving their efforts to provide cutting-edge products and solutions to treat ailments without making mistakes. Other factors anticipated to propel market expansion include increased R&D spending, enhanced healthcare infrastructure, and technological developments in the healthcare industry. However, growing raw material costs are anticipated to be somewhat constrained by market revenue growth.
Market Ecosystem
The global disposable pipette tips market has been analyzed from four perspectives: application, product, technology, and region.
Disposable Pipette Tips Market By Application
According to the application, the global disposable pipette tips market is bifurcated into diagnostics & healthcare and pharma and biotech. The pharma & biotech segment has dominated the market. The growth is owing to factors such as increased pipettes usage and increased interest of pharmaceutical companies in research and development activities. Furthermore, biotechnology companies using molecular biology techniques fuel the global disposable pipette tips market. Additionally, the high usage of pipette tips in the quality control department of pharmaceutical companies for accurate measurement of the samples further fuels the market growth. On the other hand, the diagnostics and healthcare segment are also anticipated to increase market growth in the forecast period. This growth is attributed to increased diagnosis practices and lab work.
Disposable Pipette Tips Market by Product
[324234]
According to the products, the global disposable pipette tips market is segmented into standard, low-retention, and filtered pipette tips. The standard pipette tips segment has dominated the market. The growth of standard pipette tips is attributed to their high accuracy and precision, which are quite easy to use, efficient, and time-saving. The low retention tips are anticipated to increase in the near future as they offer far less waste, are more accurate, and are easier to handle for labs. Furthermore, to lower the liquid's surface tension during pipetting and avoid reagent loss, low retention tips employ air gap technology which reduces the amount of dead volume necessary with conventional pipettes, so that lab techniques do not unintentionally add that volume.
Disposable Pipette Tips Market by Technology
The global disposable pipette tips market is segmented based on technology The non-robotic segment has the majority of the market share. The growth of the non-robotic segment is increasing due to the high usage of non-robotic pipette tips in manual operating systems. Furthermore, the robotic segment is anticipated to increase soon due to its high usage in PCR, DNA, and gel loading methods. These methods require high accuracy during measurement. Furthermore, the segment is also growing due to increased trends in molecular biology in the research and development sector.
Disposable Pipette Tips Market by Region
Geographically, the global disposable pipette tips market has been segmented into North America, Europe, Asia Pacific, and the rest of the world. North America has the majority of the market share. The factors owing to the growth of North America are a sizable demand for research from pharmaceutical and biotechnology facilities. Further, growing R&D spending, the presence of established players in the region, and the expansion of the pharmaceutical industry are some of the major drivers of market revenue growth in the area. During the projection period, Asia Pacific is anticipated to be a significant market for pipette tips, with China being the region's largest pipette tip market. Japan, too has R&D companies with significant R&D expenditures. Other significant markets in the area include South Korea and India. Another sizable market for pipette tips is anticipated to emerge in the Middle East and Africa.
Competitive Landscape
Some prominent players operating in the global disposable pipette tips market are
Report Attribute |
Details |
Market size value in 2021 |
US$ 1.47 billion |
Revenue forecast in 2030 |
US$ 2.07 billion |
Growth Rate |
CAGR of 3.90% from 2022 to 2030 |
Base year for estimation |
2021 |
Forecast period |
2022-2030 |
Segments covered |
application, product, technology, and region. |
Regional scope |
North America, Europe, Asia Pacific, and the Rest of the World (ROW) |
High usage of disposable pipette tips in molecular biology is a major market trend. Biotechnology companies worldwide are stepping up their efforts to provide novel products and solutions to treat ailments without making mistakes. Other factors anticipated to propel market expansion include increased R&D spending, enhanced healthcare infrastructure, and technological developments in the healthcare industry.
Some prominent players operating in the global disposable pipette tips market are Thermo-Fisher Scientific, Eppendorf AG, Sartorius AG, Mettler Toledo International Inc., Greiner Group AG, Biotix, Inc., Hamilton Company, Tecan Trading AG, Corning Inc. Sarstedt AG & Co.KG, among others.
Market revenue growth is anticipated to be somewhat constrained by growing raw material costs.
The global disposable pipette tips market was valued at US$ 5.72 billion in 2021 and is expected to witness a CAGR of 6.80% during the forecast period from 2022 to 2030.
*Insights on financial performance is subject to availability of information in public domain
Growth+Reports can now be customized as per client’s needs through GRG Health’s primary research and knowledge services capabilities
GRG Health’s unique GrowthMIX approach and robust research methodology helps us deliver unique & meaningful insights to our clients and uncover trends that won’t meet the standard approach