Research Methodology – Liquid Handling Systems Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Liquid Handling Systems Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Liquid Handling Systems Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Market size: It is important to consider the total size of the liquid handling systems market, which will usually be given in terms of the annual revenue generated by all companies operating in this space.
- Market growth rate: This factor takes into account how fast the market is growing on an annual basis.
- Market profitability: Examining the profitability of different companies within the liquid handling systems market can help you understand how much profit potential exists in the market.
- Market trends: This includes understanding the demand trends, technological trends, and regulatory trends affecting the liquid handling systems market.
- Geographic segmentation: Understanding how the market breaks down by region or country can help you understand where the most significant opportunities are.
- Customer segmentation: It's also essential to understand who the main customers are for liquid handling systems across different industries such as pharmaceuticals and biotechnology companies.
Key Market Indicators
- Industry growth rate: This gives an idea of how fast this particular industry is growing as compared to others.
- Market concentration ratio: This indicates how distributed the market is and to what extent dominant players have control over it.
- Market trend analysis: Current and predicted market trends can be an indicator of the future potential and direction of the market.
- Technology adoption rates: The frequency of adoption and diffusion of latest technologies within the industry can also act as an indicator for growth.
- Regulatory changes/ Policy changes: Changes in regulations or policies can directly impact the size and scope of the market as it can restrict or open up new opportunities.
Growth Trends
- Rising demand for lab automation: With increased research and development activities, there is an increasing demand for lab automation, thereby positively influencing the growth of liquid handling systems.
- Technological advancements: Constant technological advancements in liquid handling systems making them more accurate, reliable, and easy to use will support market growth.
- Growth in pharmaceutical and biotech industries: Continued growth and research in the pharmaceutical and biotech industries is expected to drive demand for liquid handling systems.
- Increased use in diagnostics and clinical settings: The liquid handling systems market is also likely to see growth due to increased use in clinical diagnostics and settings, especially with the current global focus on healthcare.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Liquid Handling Systems Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Liquid Handling Systems Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights