According to a new report, published by KBV research, The Global Pipette Tips Market size is expected to reach $1.6 billion by 2028, rising at a market growth of 4.4% CAGR during the forecast period.
The Filtered segment is showcasing CAGR of 6.4% during (2022 - 2028). The increasing growth of the segment is owing to the safety that this kind of pipette tip offers. The most crucial pipetting technique is filtered tips. Aerosol barrier tips often referred as filtering pipette tips, contain a filter built into the proximal portion of the tips to precisely suck viscous substances into the shaft.
The Manual segment acquired maximum revenue share in the Global Pipette Tips Market by Technology in 2021 thereby, achieving a market value of $971.8 Million by 2028. This expansion can be ascribed to the sample and liquid handling departments' limited technological adaption, easy availability, and low cost. By expanding production and manufacturing facilities within the market, advances in research and clinical diagnostics have accelerated the expansion of the manual segment.
The Academic & Research Institute segment has shown growth rate of 4.9% during (2022 - 2028). The surge in the growth of the segment is primarily attributed to the increasing expenditure on the enhancement of education infrastructure all over the world. With the rising number of investments in the sector, the adoption of pipette tips is rapidly accelerating. Owing to this, the growth of the segment is significantly rising.
The North America market dominated the Global Pipette Tips Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $563.7 Million by 2028. The Europe market is exhibiting a CAGR of 4.2% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 5% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/pipette-tips-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Thermo Fisher Scientific, Inc., Sartorius AG, Tecan Group Ltd., Corning Incorporated, Mettler-Toledo International, Inc., Socorex Isba SA, Analytik Jena GmbH (Endress+Hauser AG), Eppendorf SE, INTEGRA Biosciences AG (INTEGRA Holding AG), and Labcon North America.
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