Pipette Tips Market Size, Share & Trends Analysis Report By Product (Standard, Filtered, Low-retention, Others), By Technology (Robotic, Non-robotic), By Applications (Diagnostics and Healthcare, Pharma and Biotech, Academia and Education, Others) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2022-2030

Market Overview

The global pipette tips market size was valued at USD 627.98 million in 2021, and it is anticipated to reach USD 1152.06 million by 2030 at a CAGR of 7.88%.

A pipette is a piece of scientific equipment that allows users to transfer a measured quantity of a liquid. These are typically made of glass or plastic and are used to deliver a predetermined amount of liquid to a recipient. The biotechnology and pharmaceutical industries are the most prominent users of their products. In addition, pipettes are utilized to lessen the risk of material contamination during the process of material transfer and to enhance the precision of sample collection. A pipette tip is an attachment that is added to the end of the pipette and creates an airtight seal. Pipettes are commonly used in scientific research. The precise delivery of a predetermined amount of liquid from a pipette is facilitated by using a pipette tip. The combination of pipettes and tips creates a system with high precision. To obtain an accurate outcome, both constituent parts must be of the greatest possible standard. The tips of pipettes are available in various materials and patterns. They are primarily constructed out of polypropylene; despite their nature, they can be used more than once.

Market Dynamics

Global Pipette Tips Market Drivers

Increasing Healthcare Sector Advancements are driving the market for Pipette Tips

Companies involved in biotechnology are working harder than ever to create cutting-edge products and solutions that will treat diseases ideally. Additionally, the expanding pharmaceutical industry, rising R&D expenditures, and an increase in the number of drug approvals globally would fuel the pipette tips market's expansion in the ensuing years. Pipetting materials, including glass and premium plastics, are undergoing considerable changes due to technological breakthroughs in the healthcare industry.

Additionally, local governments and manufacturers in various regions are increasingly looking for unique solutions to deal with the rising demand for producing both new and old pharmaceuticals and vaccines. Many biopharmaceutical firms, academic institutions, contract research organizations (CROs), and contract development & manufacturing organizations (CDMOs) have embraced automation in laboratories for its high precision and quick turnaround times to close this demand-supply gap. Additionally, the growing number of clinical trials, expanding pharmaceutical pipeline, rising lab automation awareness, surging demand for high precision in liquid handling and sample preparation, an increase in research studies over time, and the growing adoption of automated liquid handling systems in drug discovery and diagnostics labs are all driving the market growth.

Additionally, pipetting and ergonomics have practically merged into one field. The market for pipette tips is expected to develop due to significant advancements achieved to ease user stress and fatigue and minimize the number of reagents used in procedures to cut costs and improve precision.

Increasing demand for packaged & processed food hence increasing food testing

Food testing is on the rise, which is driving up demand for pipette tips as more people become aware of the need to buy products with clean labels that are free of contamination. Increases in the consumption of processed and packaged food in industrialized nations, as well as shifts in the consumption patterns of developing and emerging economies toward convenience foods, are both factors that are favouring the expansion of the industry. Pipette tips are being used abundantly in research and development applications.

Global Pipette Tips Market Opportunities

Increasing automation in healthcare

According to some professionals in the field of automation, these automation technologies may one day be able to replace as much as 80 per cent of the work that physicians and nurses traditionally carry out at a conventional medical facility.

The use of automation helps to cut down on errors and mistakes made by humans. Additionally, it raises the level of efficiency. These benefits could contribute to the development of more efficient treatments. Analyzing, diagnosing, and treating patients will become easier for medical professionals because of the availability of new instruments.

In addition to assisting medical professionals in providing better treatment, these tools may also assist administrators in improving internal processes. The ongoing cycle of data being shared across many systems supplies additional information that can be used to improve conventional procedures.

However, a focus on automation in the healthcare sector is projected to provide considerable potential for automated liquid handling systems in the long term. Hence, it will provide growth opportunities for the global pipette tips market.

Regional Analysis

The global pipette tips market is divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

In 2021, North America held a dominant position in the global market and was responsible for the highest portion of revenue, which was greater than 37.5 per cent of the total. Because even single regulatory permission might grant access to the entire region, this region is essential for the distribution of pipette tips from a strategic point of view. In addition, compared to developing nations, the amount of money spent on healthcare per person in the countries that make up this region is significantly higher, which is another factor contributing to the expansion of the medical device business.

It contributes to the expansion of pipette tips in an indirect manner. In addition, the region is seeing a rise in the number of healthcare research and development projects, both of which are contributing to the expansion of the market. Because of the significant amount of emphasis placed on research and development infrastructure in the region, the pharmaceutical and biopharmaceutical sectors are the primary contributors to the economy of European countries. Product demand in the region has expanded due to a growth in the number of major actors engaging in increasing levels of collaboration and partnership with universities, research institutes, and the diagnostic, pharmaceutical, and biotechnological industries.

Segmental Analysis

The global pipette tips market is divided into four parts based on product, technology, application, and region. Further, the market is divided into Standard, Filtered, Low-retention, and Others based on product. In 2021, the standard product segment dominated the market. The segment accounted for more than 32.5 per cent of total revenue in 2021 and is expected to grow healthy from 2022 to 2030. A standard tip is a multi-purpose tip that can be used for various laboratory applications with varying performance requirements.

These applications range from high accuracy to more tolerable reagent dispensing. For applications requiring the highest purity level, sterile standard tips are available. The most crucial pipetting technology is filter tips. Aerosol barrier tips are also known as filtering pipette tips because they have a filter inside the proximal part of the pipette tips that allows them to suck viscous samples into the shaft precisely. It protects the pipette from physical damage and prevents sample cross-contamination from aerosols. These suggestions are beneficial for PCR, qPCR, and sensitive tests.

Based on technology, the market is divided into Robotic and Non-robotic. Non-robotic pipette tips represented the most significant revenue share of 56.4 per cent in 2021, which is anticipated that this sector will expand significantly throughout the forecast period. Standard or manually operated pipetting devices use non-robotic pipette tips. The need for regular or non-robotic pipette tips is directly impacted by the fact that most laboratories use manually operated pipetting equipment. However, the demand for automated liquid handling systems has increased due to developments and automation in the healthcare industry.

According to the application, the market is divided into Diagnostics and Healthcare, Pharma and Biotech, Academia and Education, and Others. In 2021, the pharma and biotech application sector controlled the market and generated more than 32.3 per cent of the total revenue. The market is anticipated to grow at the quickest CAGR, maintaining its top spot during the forecast period. Pipettes are used in various research settings to accurately transfer research samples for conducting experiments, which is credited with this growth.

The global pipette tips market is divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Impact of covid-19

COVID-19 has positive and negative market consequences, as carbon emissions have decreased globally due to the lockout. COVID-19's reduction in emissions is a short-term benefit. Still, when industries and enterprises attempt to recoup some of their financial losses in the first quarter of the year, carbon emissions will rise dramatically. COVID-19 had a negative impact on global recycling efforts. Countries, notably the United States, have halted or decreased recycling programs to focus on collecting additional domestic waste or because services have been disrupted by the virus.

Also, with industries slowly returning to normalcy following the COVID-19 outbreak, this shift in workplace health and safety is expected to increase due to mandatory social distancing and continuous personal care through sanitization to eliminate even the tiniest possibility of COVID-19 spread. COVID-19 has impacted various companies' revenues, and if the lockdown is lifted, companies will turn their attention to operations to make up for their losses.

Recent Developments

• In February 2022, with the Verso Q50 and the Verso Q75 Automated Sample Storage Systems from Hamilton Storage, manual labour is reduced while overall laboratory efficiency is increased.
• In February 2022, a $128,162,524 firm-fixed-price contract was awarded to Hamilton Co. of Reno, Nevada, to expand its pipette tip manufacturing capabilities.
• In April 2022, the globally active Eppendorf Group is constructing a new plant to produce high-quality laboratory consumables made from functional high-tech polymers.