Canada Automated Liquid Handling Technologies Market Size & Outlook

The automated liquid handling technologies market in Canada is expected to reach a projected revenue of US$ 185.4 million by 2030. A compound annual growth rate of 11.1% is expected of Canada automated liquid handling technologies market from 2023 to 2030.
Revenue, 2022 (US$M)
$80.1
Forecast, 2030 (US$M)
$185.4
CAGR, 2023 - 2030
11.1%
Report Coverage
Canada

Canada automated liquid handling technologies market, 2018-2030 (US$M)

Canada

Canada automated liquid handling technologies market highlights

  • The Canada automated liquid handling technologies market generated a revenue of USD 80.1 million in 2022 and is expected to reach USD 185.4 million by 2030.
  • The Canada market is expected to grow at a CAGR of 11.1% from 2023 to 2030.
  • In terms of segment, automated liquid handling workstations was the largest revenue generating product in 2022.
  • Reagents & Consumables is the most lucrative product segment registering the fastest growth during the forecast period.


Automated liquid handling technologies market data book summary

Market revenue in 2022USD 80.1 million
Market revenue in 2030USD 185.4 million
Growth rate11.1% (CAGR from 2022 to 2030)
Largest segmentAutomated liquid handling workstations
Fastest growing segmentReagents & Consumables
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAutomated Liquid Handling Workstations, Reagents & Consumables
Key market players worldwideThermo Fisher Scientific Inc, Agilent Technologies Inc, Danaher Corp, Corning Inc, Eppendorf, Formulatrix, Gilson, Beckman Coulter, Lonza Group Ltd, PerkinElmer, Qiagen NV, Tecan Group AG, Mettler-Toledo International Inc


Other key industry trends

  • In terms of revenue, Canada accounted for 4.2% of the global automated liquid handling technologies market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. automated liquid handling technologies market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 185.4 million by 2030.

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Automated Liquid Handling Technologies Market Companies

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Canada automated liquid handling technologies market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automated liquid handling technologies market will help companies and investors design strategic landscapes.


Automated liquid handling workstations was the largest segment with a revenue share of 56.3% in 2022. Horizon Databook has segmented the Canada automated liquid handling technologies market based on automated liquid handling workstations, reagents & consumables covering the revenue growth of each sub-segment from 2018 to 2030.


Canada is ranked as one of the top countries for biotechnology, R&D, and pharmaceutical production. The biotechnology sector in this region has witnessed rapid growth and boosted the adoption of automated workflow systems. 

As of 2018, there were around 8,000 biotech and life sciences companies with aggregate annual revenue of USD 54 billion in the country. However, there has been an increasing flow of funds in the industry. 

In the first nine months of 2020, life sciences and biotech companies raised over USD 1 billion through venture capital, while USD 1.08 billion was the accumulated fund raised in 2019 by the companies. Similarly, biotech companies, such as Fusion Pharmaceuticals, AbCellera Biologics Ltd., and Think research, raised around USD 4 billion through public equity markets.

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  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada automated liquid handling technologies market , including forecasts for subscribers. This country databook contains high-level insights into Canada automated liquid handling technologies market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada automated liquid handling technologies market size, by product, 2018-2030 (US$M)

Canada Automated Liquid Handling Technologies Market Outlook Share, 2022 & 2030 (US$M)

Canada automated liquid handling technologies market size, by product, 2018-2030 (US$M)

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