SEROLOGICAL PIPETTES MARKET ANALYSIS

Serological pipettes are used in laboratories to mix or transfer liquids into different containers. These pipettes come with graduations on the side that help to measure the liquid (in milliliters or ml) to be dispensed or aspirated. Due to their precision in measuring the lowest increment levels, serological pipettes are the most recommended for use. Graduation marks on the pipette are closer to the tips of these pipettes. Using air or gravity pressure, rubber bulbs attached to the tip are used to blow out excess solution. Blow-out pipettes are usually labelled with two rings. The person handling it will need to blast out and collect every last drop of liquid using the attached bulb that provides air pressure. Single-ringed pipettes, on the other hand, are ‘non-blow out’ varieties that allow the entire tip to be drained.

The global serological pipette market is estimated to be valued at US$ 188.2 Million in 2021 and is expected to increase to US$ 260.2 Million by 2028, witnessing a CAGR of 4.7% over the forecast period (2021-2028).

Figure 1. Global Serological Pipette Market Value (US$ Mn) & Y-o-Y Growth (%)

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Increasing prevalence of infectious diseases is expected to drive the growth of the global serological pipette market.

Increasing research and development in the field of pharmaceuticals and biotechnology due to high prevalence of infectious diseases and cancer are the major factors driving the global serological pipettes market growth. For instance, according to National Center for Biotechnology Information (NCBI), a review on the global burden of multiple chronic conditions was published in October 2018, according to which globally, approximately one in three of all adults suffer from multiple chronic conditions (MCCs) and the prevalence rate was found to be ranging from 16% to 58% in the U.K., 26% in the U.S., and 9.4% in Urban South Asians.

Growing number of applications of serological pipettes is expected to drive the growth of the global serological pipette market.

When more than 1ml volume of liquid is pipetted, then serological pipettes are utilized in cell and tissue culture applications, as well as in normal laboratory liquid dosage. These pipettes are made of glass, plastic, or polystyrene. Disposable plastic pipettes are useful in applications that demand sterility such as in blood banking (2 mL size), urinalysis, hematology, wet chemistry, and others. Serological pipette fillers aid in the exact and precise aspiration and dispensing of liquids. To deal with a range of liquids, the pace of both aspiration and dispensing can be modified separately. Mixing suspensions, combining reagents and chemical solutions, transferring cells for empirical investigation or expansion, and layering reagents for establishing higher density gradients are all common uses for serological pipettes.

Figure 2. Global Serological Pipette Market Share (%), By Region, 2021

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Global Serological Pipette Market – Impact of Coronavirus (COVID-19) Pandemic

Since the COVID-19 virus outbreak in December 2019, the disease has spread to over 100 countries across the globe. The coronavirus (COVID-19) pandemic and lockdown in various countries across the globe has impacted the financial status of businesses in all sectors. Private healthcare sector is one of the sectors, which is majorly impacted by the COVID-19 pandemic.

COVID-19's interaction with the global growth in chronic illness and related risk factors, such as obesity, high blood sugar, and outdoor air pollution, has created a storm, which is fueling the mortality rate.

The coronavirus pandemic has negatively impacted the development, production, and supply of pharmaceutical products. Moreover, the production and supply of pharmaceutical products is also affected due to lockdown imposed globally during the COVID-19 pandemic.

Global Serological Pipette Market: Restraint

Lack of expertise in the measurement of the volume of liquid will increase the probability of false result, which will hamper the global serological pipette market. Moreover, the presence of a large number of manufacturers and increased competition makes it difficult to enter the serological pipette market, which will restrain the global serological pipette market.

Key Players

Major players operating in the global Serological Pipette market include Thermo Fisher Scientific, Corning, VWR, Sarstedt AG & Co., KG, Merck, Eppendorf, Argos Technologies, Camlab, HiMedia Laboratories, Greiner Bio-One, Biofil, Vitrolife, Kimble Chase, CITOTEST, Sorfa, and Daigger.