Market Introduction
A pipette tip helps a pipette to dispense a specific volume of liquid. Pipette tips are made of polypropylene and are both disposable and reusable in nature. Disposable pipette tips are a class of consumable products that aids in preventing the chances contamination in laboratories. In research experiments and diagnostic tests, disposables pipette tips provide better results. Furthermore, since these products are not reusable, they help to eliminate the need for reprocessing.
Moreover, the growing research in biotechnology sector is expected to bolster the market growth during the forecast period. However, the reuse of plastic pipette tips limits the growth of the North America disposable pipette tips market.
In the North American region, the US was highly affected by the outbreak of the COVID-19 pandemic. The country has marked the highest number of positive patients. Across the nation, various healthcare facilities centers were opened only for COVID positive patients. Few admissions were made for patients living with chronic conditions. The country has imposed a total lockdown for two months; therefore, the economic condition of the country was severely impacted. The country is considered as the controller of the global economy. The pandemic has created a panic situation across the country that impacted all other economies across the world. The COVID-19 pandemic had severely impacted the pharmaceutical and Medtech R&D in the North American region.
Market Overview and Dynamics
The North America disposable pipette tips market is projected to reach US$ 859.1 million by 2028 from US$ 426.4 million in 2021; it is anticipated to grow at a CAGR of 10.5% from 2021 to 2028. Advancements in biotechnology have increased the demand for diagnostics and research in the healthcare market, encouraging more significant technologies. Also, the rising shift toward personalized medicine or precision medicine is likely to increase the liquid handling process in research and diagnostics laboratories. There are new opportunities in infectious disease testing, molecular oncology, and pharmacogenomics in emerging countries. Hence, healthcare companies can target patients or consumers in developing countries. Major players in the industry have been investing a significant amount of their revenue in R&D activities to develop better and advanced products and technologies to be used in the healthcare industry. Thus, the region is anticipated to provide potential growth opportunities during the forecast period for liquid handling consumables.
Key Market Segments
In terms of type, the non-filtered pipette tips segment accounted for the largest share of the North America disposable pipette tips market in 2020. Further, based on application, the research institutions segment held the largest market share in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the disposable pipette tips market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Eppendorf AG, METTLER TOLEDOA, Thermo Fisher Scientific Inc., Sartorius AG, Tecan Trading AG, Corning Incorporated, Socorex Isba SA, INTEGRA Biosciences AG, Labcon, and Analytik Jena GmbH.
Reasons to Buy Report
NORTH AMERICA DISPOSABLE PIPETTE TIPS MARKET SEGMENTATION
By TypeCompanies Mentioned
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 426.4 Million |
| Market Size by 2028 | US$ 859.1 Million |
| CAGR (2021 - 2028) | 10.5% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Disposable Pipette Tips Market is valued at US$ 426.4 Million in 2021, it is projected to reach US$ 859.1 Million by 2028.
As per our report North America Disposable Pipette Tips Market, the market size is valued at US$ 426.4 Million in 2021, projecting it to reach US$ 859.1 Million by 2028. This translates to a CAGR of approximately 10.5% during the forecast period.
The North America Disposable Pipette Tips Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Disposable Pipette Tips Market report:
The North America Disposable Pipette Tips Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Disposable Pipette Tips Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Disposable Pipette Tips Market value chain can benefit from the information contained in a comprehensive market report.
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