Hence this is also a major factor for creating demand. The rising prevalence of new infectious diseases is also forcing pharmaceutical companies to invest more in the drug development and production of vaccines. Liquid handling systems are also used to eliminate errors and minimize the processing time at laboratories. In addition to this, rapid adoption of automation in clinical settings and rise in the production of vaccines are also expected to drive the market growth during the forecast period. All these help in driving the market growth of the Global Liquid Handling System Market. Major factors that drive the market growth are increasing expenditure in research & development activities, growing technological advancements, the need for new drug development, and the growing demand for high-output screening. The Global Liquid Handling System Market is estimated to be USD 3.3 Bn in 2020 and is expected to reach USD 4.65 Bn by 2025, growing at a CAGR of 7.1%. DUBLIN-( BUSINESS WIRE)-The "Global Liquid Handling System Market (2020-2025) by Type, Product, Application, End Users, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to 's offering.
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