Pipette Tips Market: Current Analysis and Forecast (2024-2032)

The pipette tips market defined in the global context relates to the manufacturing and trading of disposable consumables used in conjunction with pipettes to transfer liquid media in a variety of laboratory processes such as academic research, diagnostics, and drug formulation. Also, there is a higher demand for accurate and reproducible laboratory equipment, second is the growth of biotechnology and pharmaceutical industries, third is the global rise in research and development, most specifically in genomics, proteomics, and drug discovery. Secondly, owing to the increase in quality consciousness and regulatory requirements by various international regulatory bodies, there is increased use of quality and high pipette tips. Other influential factors include filtered and low-retention tips in the improvement of handling liquids, as well as IT and telecommunications growth that promotes market progress through innovation.

The market for pipette tips market is set to exhibit a growth rate of about 8%. This is mainly due to the continuous improvements in research and development in the healthcare sector driving the demand of the market. For instance, in 2022, Moderna, Inc., a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, and Thermo Fisher Scientific Inc., announced a 15-year strategic collaboration agreement to enable dedicated large-scale manufacturing in the U.S. of Spikevax, Moderna's COVID-19 vaccine, and other investigational mRNA medicines in its pipeline, which will assist in increased use of essential lab supplies like pipette tips.

Based on product, the market is segmented into standard, filtered, low retention, and others. The standard pipette tips are also expected to exhibit the largest market demand since they offer the pipetting accuracy, reliability, and precision that is considered critical in laboratory operations. It examines these products as meeting a rising need for precision in research and diagnostics, where even slight differences could be critically damning. Standardization of pipettes provides versatility for instant adaptability and use in different functional processes, adds efficiency and adherence to the regulatory framework, and essentially eliminates the need for elaborate training. Further, commonality in pipettes enhances competition thus acting as an incentive to developers of better and improved pipettes hence improving the general effectiveness of any process involving transfer and measurement of liquids to improve the general research and health care process.

Based on the technology, the market is segmented into the robotic and non-robotic. Among these, the robotic category is expected to grow at the fastest CAGR due to the increasing adoption of automation in laboratories, driven by the need for higher throughput, precision, and efficiency in scientific research and clinical diagnostics. Robotic pipetting systems enhance reproducibility and reduce human error, making them ideal for high-volume tasks such as drug discovery, genomics, and clinical testing. Additionally, advancements in robotics technology, combined with the rising demand for personalized medicine and biopharmaceuticals, are propelling laboratories to invest in automated solutions that streamline workflows and enhance productivity. For instance, Eppendorf in its 2021 annual report stated that the company has witnessed an increase in the sales of its robotic pipetting systems which has doubled from 2020. This indicates that the demand for robotic pipettes is also likely to increase.

Based on application, the market has been divided into diagnostics and healthcare, pharma and biotech, academia and education, and others. Of them, diagnostics and healthcare were leading the global market in terms of value in 2023. This is mainly a result of the high usage of volumetric and stellar accurate liquid handling equipment in medical and clinic fields. The diagnoses of ailments are also on the rise today, and growth in the number of chronic diseases, improved diagnosis procedures, and the constant need for accurate disease diagnosis are some of the major driving forces for growth in the laboratory testing and diagnostics industry. In addition, the growing scope of genomic and proteomic analysis, novel approaches to diagnosing diseases with the use of point-of-care diagnosis and follow-up and diagnosis of communicable diseases, and the application of personalized medicine in hospitals and clinical laboratories also increase the need for high-quality pipette tips.

For a better understanding of the market adoption of Pipette Tips, the market is analyzed based on its worldwide presence in countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America accounts for the major share during the forecast period. In North America, the pipette tips market is characterized by robust research and development activities across various industries, including biotechnology, pharmaceuticals, and clinical diagnostics. The region's strong focus on precision medicine, genomics, and proteomics has heightened the demand for high-quality pipette tips that ensure accuracy and reliability in laboratory processes. Additionally, North America is home to several leading pharmaceutical and biotechnology companies, research institutions, and academic laboratories, all of which contribute to the increased consumption of pipette tips. For instance, In May 2022, Premix, Inc. was given a USD 79.9 million contract by the Department of Defence (DoD), on behalf of and in coordination with the U.S. Department of Health and Human Services (HHS), to start producing a plastic compound primarily used for pipette tips, which are crucial to COVID-19 and other diagnostic testing efforts. The American corporation Premix, Inc. is a division of the Finnish company Premix Oy. The market is also benefiting from technological advancements, such as the development of low-retention and filtered pipette tips, which enhance efficiency and reduce contamination risks.

Some of the major players operating in the market include Eppendorf SE; METTLER TOLEDO; Thermo Fisher Scientific Inc.; Sartorius AG; Biotix, Inc.; Corning Incorporated; Greiner AG; Capp; SARSTEDT AG & Co. KG; BRAND GMBH + CO KG.