Serological Pipettes: Market Insights
Serological pipettes are used to calculate the definitive volume of liquids. Serological pipettes measure the volume of liquid in a milliliter, from less than 1 ml to up to 50 ml. Serological pipettes have a high adoption rate in the clinical market and find major applications in research & development and educational institutes. The increasing adoption rate for serological pipettes will act as the driving factor for the growth of serological pipettes market. Serological pipettes are used for a variety of experimental assays and are very useful for mixing cell suspensions and chemical solutions and for transferring liquids between containers and for layering reagents of different densities. The advantage of transferring accurate ml volumes of solutions in the lab will grow the market of serological pipettes over the forecast period. However, new market players find it difficult to enter due to the presence of a large number of manufacturer and compete based on quality, and reliability in the serological pipettes market. This factor will hamper the growth of serological pipettes market. Moreover, lack of expertise in the measurement of the volume of liquid will increase the probability of false result and will act as the restraint factor for the growth of the serological market.
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Serological Pipettes: Market Dynamics
Rising adoption of serological pipettes in various applications such as in the cell, tissue or bacterial culture to precisely measure the volume of liquid is one of the important reason for the growth in serological pipettes market. Additionally, low cost of pipettes will also increase the market growth of serological pipettes. However, the presence of the number of local manufacturers will hamper the serological pipettes market growth and will create high competition among existing players and difficulty for emerging new players to enter in the serological pipettes market.
Serological Pipettes Market: Overview
Serological pipettes market is expected to register the high revenue growth owing to high demand from the end-user segments. Increasing demand for more precise volume of liquid measuring devices will increase the demand for serological pipettes market. With the growing number of applications in research and development and rapid technological innovations, the serological pipettes market is expected to register a high revenue growth over the forecast period. In some regions, pipettes are being used for more than their lifespan, which decreases the quality of the device and increases the chances of false results. Lack of proper infrastructure and unavailability of hospitals supplies will hinder the growth of serological pipettes market. Also, low research & development expenditure in low economic countries will hamper the growth of serological pipettes market in these regions.
Serological Pipettes Market: Region-wise Outlook
On the basis of geography, global Serological Pipettes market is segmented into seven key regions viz. North America, Latin America, Western Europe, Eastern Europe, the Asia Pacific excluding Japan, Japan, and Middle East & Africa. North America, followed by Europe, holds the largest shares in the global serological pipettes market due to advanced healthcare infrastructure and high research & development spending.
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The serological pipettes market for Asia-Pacific is expected to show the fastest revenue growth due to the presence of the number of local players in countries such as China, Japan, and India. The serological pipettes market for Latin America is expected to experience high demand for serological pipettes owing to increasing focus on upgrading research infrastructure in the region.
Serological Pipettes Market: Key Players
Some of the key players present in global serological pipettes market are Thermo Fisher Scientific, Merck, Vitrolife, Kimble Chase, Daigger, Eppendorf, STEMCELL Technologies, Corning, Biofil, Camlab, Argos Technologies, Sarstedt and others.