JERSEY CITY, N.J., Dec. 8, 2023 /PRNewswire/ — InsightAce Analytic Pvt. Ltd. announces the release of the market assessment report on “Global Automated Liquid Handling Technologies Market Size, Share & Trends Analysis Report By Product (Automated Liquid Handling Workstations, Reagents & Consumables), By Application (Drug Discovery & ADME-Tox Research, Cancer & Genomic Research, Bioprocessing/Biotechnology, and Others), By End-users (Academic & Research Institutes, Pharmaceutical & Biotechnology Companies, Contract Research Organizations) Market Outlook And Industry Analysis 2031.”
According to the latest research by InsightAce Analytic, the Global Automated Liquid Handling Technologies Market Size is valued at US$ 1.90 Bn in 2022, and it is expected to reach US$ 4.31 Bn in 2031, recording a promising CAGR of 9.6% during the forecast period of 2023-2031.
Automated Liquid Handling Technologies Market Report Scope
Market Size Value In 2022
USD 1.90 Bn
Revenue Forecast In 2031
USD 4.31 Bn
Growth Rate CAGR
CAGR of 9.6 % from 2023 to 2031
Representation of revenue in US$ Bn and CAGR from 2023 to 2031
2019 to 2022
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends
By Product, By Application, By End-users
North America; Europe; Asia Pacific; Latin America; Middle East & Africa
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia
Thermo Fisher Scientific, Inc., Agilent Technologies, AutoGen, Aurora Biomed, Inc., AUTOGEN, INC., BIOBASE, Danaher, BioTek Instruments, Inc., Analytik Jena AG, Corning Incorporated, Eppendorf AG, Flow Robotics, Formulatrix, Inc., Gilson, Inc., Hamilton Company, Hudson Robotics, LABCYTE INC., Lonza, PerkinElmer, Inc., QIAGEN, Robonik, Roche, SCIENION, Siemens, Tecan Trading AG, METTLER TOLEDO, Beckman Coulter Life Sciences, MyGenostics, and others.
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The technological advancements in the life science industry have helped drive the best results of a product in terms of throughput, efficiency, and frequency. Due to the increasing demand for biopharmaceuticals, the number of laboratories worldwide providing analytical and product development solutions has increased.
Liquid handling involves the transfer of liquid from one place to another for testing and is considered an important step in biological processes. However, traditional methods for liquid processing, including manual processing, often increase the risk of process errors. In addition, environmental and process variables can affect or impair the proper liquid handling, thereby affecting the integrity of the product in the process. Therefore, it is essential to maintain sterility throughout the liquid handling process to ensure the solutions/products are not compromised.
Therefore, automatic liquid handling machines have emerged as the most suitable alternative as they can overcome manual liquid handling-related problems. Automated liquid handling instruments have many uses in research universities and clinical laboratories, as these systems can precisely and accurately dispense liquid volumes (in nanoliters). The global automated liquid handling market is estimated to boost significantly during the forecast period due to the rising stakeholders’ interest in advancing and using liquid technologies.
Some of the prominent players in the Automated Liquid Handling Technologies Market are:
Thermo Fisher Scientific, Inc.Agilent TechnologiesAutoGenAurora Biomed, Inc.AUTOGEN, INC.BIOBASEDanaherBioTek Instruments, Inc.Analytik Jena AGCorning IncorporatedEppendorf AGFlow RoboticsFormulatrix, Inc.Gilson, Inc.Hamilton CompanyHudson RoboticsLABCYTE INC.LonzaPerkinElmer, Inc.QIAGENRobonikRocheSCIENIONSiemensTecan Trading AGMETTLER TOLEDOBeckman Coulter Life SciencesMyGenosticsOther Prominent PlayersKey Developments In The Market:
In Feb 2023, Agilent Technologies Inc. unveiled an on-deck thermal cycler (ODTC) for their Agilent Bravo NGS automated liquid handling platform. The Bravo platform could enable heat cycling as part of an automated process for next-generation sequencing (NGS), end-point PCR, and cell-based applications with the help of the optional ODTC accessory.In December 2021, Flow Robotics A/S and Automata collaborated to offer end-to-end liquid handling automation in laboratories with the pipetting robot, flowbot® ONE, and the robot arm, Eva.In January 2021, The Fluent® Mix and Pierce Workstation was introduced by Tecan to offer complete automation for whole blood pipetting in clinical settings. The handling and mixing of pre-analytical samples is meant to be standardized by this equipment design. It is a part of an ongoing partnership with QIAGEN to improve sample processing for QuantiFERON-TB Gold Plus latent tuberculosis (TB) testing.In August 2020, QIAGEN and DiaSorin introduced an automated, CE-marked workflow for QIAGEN’s QuantiFERON-TB Gold Plus blood collection tubes (QFT-Plus BCT) and a novel DiaSorin LIAISON test on widely used immunodiagnostic instruments from DiaSorin. In addition, QIAGEN signed a collaboration agreement with Hamilton Robotics to further improve the automation of QuantiFERON-TB Gold Plus by integrating Hamilton’s Microlab® STAR™ automated liquid handling workstation into the QFT-Plus assay workflow.Curious about this latest version of the report? Enquiry Before Buying: https://www.insightaceanalytic.com/enquiry-before-buying/1934
Technological advancements in automated liquid handling systems, increasing clinical trials, a rising number of R&D studies in the biopharmaceutical industry, raising awareness among laboratories regarding the speed-up potential of automated liquid-handling systems, and product development by major market participants are some of the elements driving this market’s expansion.
Increasing Clinical Research Studies In The Biopharmaceutical Industry.
The rising clinical trial studies to innovate new & advanced treatments to fight against growing chronic diseases are expected to accelerate the automated liquid handling technologies market progression in the upcoming future.
Strategic Activities By Major Market Players
Strategic activities of several key players, such as technology integration, new product development, geographical expansion, partnerships, and research collaborations to support market expansion, are anticipated to create market growth opportunities during the forecast period. For instance, in July 2022, Analytik Jena expanded its range of interchangeable pipetting heads for the fully automated liquid handling platform CyBio FeliX.
However, slower adoption rates in small-sized industries restrain market growth. In addition, the need for more skilled workers for implementation and analysis is predicted to hinder the market expansion over the forecast period.
North America dominated the automated liquid handling technologies market in 2022, and it is expected to do the same over the projected period, owing to the increasing number of ongoing clinical R&D projects, growing demand for automated fluid handling systems, rising technological advancements, and the presence of several biopharmaceutical companies in this region. In addition, Asia Pacific is expected to capture the highest CAGR during the projection period due to the rising number of drug discovery projects and the growing pharma & biopharmaceutical companies in the region.
Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2023 to 2031 based on product
Automated Liquid Handling WorkstationsBy AssemblyStandalone WorkstationsIntegrated WorkstationsBy TypeMultipurpose WorkstationPipetting WorkstationSpecialized Liquid HandlerWorkstation ModuleReagents & ConsumablesReagentsAccessoriesMarket Size (Value US$ Mn) & Forecasts and Trend Analyses, 2023 to 2031 based on Application
Drug Discovery & ADME-Tox ResearchCancer & Genomic ResearchBioprocessing/BiotechnologyOthersMarket Size (Value US$ Mn) & Forecasts and Trend Analyses, 2023 to 2031 based on End User
Academic & Research InstitutesPharmaceutical & Biotechnology CompaniesContract Research OrganizationsMarket Size (Value US$ Mn) & Forecasts and Trend Analyses, 2023 to 2031 based on Region
North AmericaEuropeAsia PacificLatin AmericaMiddle East & AfricaNorth America Automated Liquid Handling Technologies Market Revenue (US$ Bn) by Country, 2023 to 2031
U.S.CanadaEurope Automated Liquid Handling Technologies Market Revenue (US$ Bn) by Country, 2023 to 2031
GermanyFranceItalySpainRussiaRest of EuropeAsia Pacific Automated Liquid Handling Technologies Market Revenue (US$ Bn) by Country, 2023 to 2031
IndiaChinaJapanSouth KoreaAustralia & New ZealandLatin America Automated Liquid Handling Technologies Market Revenue (US$ Bn) by Country, 2023 to 2031
BrazilMexicoRest of Latin AmericaMiddle East & Africa Automated Liquid Handling Technologies Market Revenue (US$ Bn) by Country, 2023 to 2031
GCC CountriesSouth AfricaRest of Middle East & AfricaObtain Report Customization Details @ https://www.insightaceanalytic.com/customisation/1934
Why should buy this report:
To receive a comprehensive analysis of the prospects for the global Automated Liquid Handling Technologies MarketTo receive an industry overview and future trends in the global Automated Liquid Handling Technologies MarketTo analyze the Automated Liquid Handling Technologies Market drivers and challengesTo get information on the Automated Liquid Handling Technologies Market size value (US$ Mn) forecast till 2031Major Investments, Mergers & Acquisitions in the global Automated Liquid Handling Technologies Market industryOther Related Reports Published by InsightAce Analytic:
Pharmaceutical Fluid Handling Market
Sample Preparation Market
Pharmacy Automation Market
Lab Automation Market
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis of key market insights in a timely and cost-effective manner.
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Two thirds of PR Pros can’t prove their work helps their business or client: CoverageBook
Just 1 in 3 PRs track the commercial impact of their work – while 66% are focused on driving high volumes of coverage31% of PRs have seen budgets cut in the last year, but a staggering 50% of those respondents believe this would have been less likely if they could better prove commercial relevanceNew free tool ‘CoverageImpact’ helps PRs prove the value of their work and bridge this disconnectLONDON, Feb. 22, 2024 /PRNewswire/ — PR may talk the talk when it comes to boardroom relevance, but it’s failing to walk the walk. New research from CoverageBook, the leading PR industry reporting platform, shows that just one third of PR pros align their activity with commercial goals. The survey of over 350 senior PR and marketing professionals reveals a significant disconnect between how the PR industry measures and reports on activity and what senior leaders and budget holders expect to see.
This research comes at a time when clients are putting increased scrutiny on PR teams to demonstrate impact. While the industry is finally putting outdated metrics like AVE (used by just 7% of respondents) to bed – there’s no consensus on how to prove the value of PR and communications.
To help build that consensus and allow every PR to prove the value of their work, CoverageBook is launching CoverageImpact, a revolutionary free tool designed to simplify PR reporting and impact measurement. The tool aims to bridge the gap between PR professionals’ activities and their clients’ commercial goals, ensuring that there’s no disconnect between agency and client or within a business.
This is particularly important as less than half of PR professionals currently consider new biz and sales when measuring the impact of their work – just 41% of UK respondents and 34% of US respondents take the new business/sales pipeline into account. These numbers drop significantly when asked about investment generation – 14% of UK respondents and 13% of US respondents.
So what are they measuring? Well unsurprisingly, the focus is on outputs and audience, with 96% citing target audience as a key measurement criteria and 66% high volumes of coverage.
Lack of commercial proof has a financial impact
The result of all this lack of commercial certainty? Unfortunately, it’s budget cuts. When asked about their 2023 budgets, 31% of all respondents said they had seen cuts (33% agencies, and 22% in-house).
Unsurprisingly, 50% of those respondents believe this would have been less likely if they could better prove commercial relevance. Breaking that figure down clearly shows the correlation between impact proof and budget decisions, with 75% of agency respondents and 25% of in-house respondents in the UK agreeing with that statement, alongside 79% of agency respondents and 21% of in-house respondents in the USA.
Commenting on the findings, Alastair McCapra, CIPR CEO said: “These findings show how PR practitioners are putting more time into measurement and evaluation, but the lack of a common approach is costing us credibility. With one in three PR budgets being cut and a sluggish economy, we need to be more effective than ever in telling our story, and communicating the impact and value of our work.”
When asked about the biggest challenges they face in measurement, 54% of all respondents cited a lack of a universal measurement framework, while 52% mentioned a lack of measurement tools. These findings underscore the urgent need for tools that simplify measurement and reporting, making it easier for PR professionals to demonstrate the value of their work.
CoverageImpact, developed by the creators of CoverageBook and Answer The Public, offers a simple solution for turning coverage tracker spreadsheets into visually appealing ‘coverage over time’ graphics. With CoverageImpact, users can easily add impact data to their reports without the need for complex pivot tables or data visualisation skills. The tool is compatible with popular PR tools such as Excel, Google Sheets, Cision, MuckRack, TalkWalker, Meltwater, and CoverageBook, making it accessible to PR professionals worldwide.
“The truth is everybody needs to level up on telling the story of their impact; how their work correlates to organisational impact – the stuff leadership and boards actually care about. We know this is happening in small pockets, there are some case studies of PR measurement already,” said Gary Preston, CEO & Co Founder at CoverageBook. “But only a few can afford dedicated teams with Python, Excel & Data viz skills to do the job. Our aim is to democratise PR measurement for everyone to start having credible impact stories.”
In addition to simplifying reporting, the tool is designed to help PR practitioners start credible conversations with senior business leaders and budget holders, create graphs that support strategic decision-making, and save time in generating reports.
To try out CoverageImpact, visit – https://coverageimpact.com/
View original content:https://www.prnewswire.co.uk/news-releases/two-thirds-of-pr-pros-cant-prove-their-work-helps-their-business-or-client-coveragebook-302069345.html
Travel and Expense Management Software Market Size to Grow USD 15.7 Billion by 2032 at a CAGR of 18.3% | Valuates Reports
BANGALORE, India, Feb. 22, 2024 /PRNewswire/ — Travel and Expense Management Software Market Size, Share, Competitive Landscape and Trend Analysis Report by Deployment Type (On-premise, Cloud), by Organization Size (Large Enterprises, Small and Medium-sized Enterprises), by Industry Vertical (IT and Telecom, BFSI, Manufacturing, Public Sector, Healthcare, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032.
The global travel and expense management software market was valued at USD 3 Billion in 2022, and is projected to reach USD 15.7 Billion by 2032, growing at a CAGR of 18.3% from 2023 to 2032.
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Major Factors Driving the Growth of Travel and Expense Management Software Market
The market for travel and expenditure management software is expanding due in large part to companies’ growing use of digital solutions to automate and streamline their travel and expense management procedures, which boost productivity and cut expenses. Further propelling the market development are the growing requirement for real-time visibility and control over spending, the necessity of regulatory compliance, and the increasing globalization of companies. Additionally, the incorporation of cutting-edge technologies like artificial intelligence (AI), machine learning, and data analytics into these software programmes is propelling market expansion by providing improved user experiences, predictive capabilities, and insights.
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TRENDS INFLUENCING THE GROWTH OF THE GLOBAL TRAVEL AND EXPENSE MANAGEMENT SOFTWARE MARKET:
The global increase in corporate travel activities is a major factor driving the growth of the travel and expense management software market. Businesses are sending more staff on business trips, conferences, and customer meetings as a result of globalization and growing corporate operations. Organizations are adopting travel and expenditure management software solutions to simplify procedures, track spending in real-time, and guarantee compliance with corporate regulations as a result of the spike in corporate travel, which makes effective administration of travel expenses necessary.
Businesses in a variety of sectors are looking for solutions to streamline and automate their spending and travel management procedures in order to increase productivity and cut expenses. Travel & Expense Management Software reduces mistakes and eliminates human data entry duties with features including automatic receipt scanning, automated expense report production, and connectivity with accounting systems.
Accurate tracking and reporting of travel costs is mandated by strict business rules and regulatory regulations. Through the use of travel and expense management software, businesses may make sure that workers follow company policy on spending limits, prompt approval of charges, and tax compliance. The capacity of these software solutions to uphold compliance requirements and enforce policy adherence is what propels their acceptance by companies of all sizes.
Having real-time insight into spending trends and travel expenditures is essential for efficient money management and budgetary selection. Travel and Expense Management Software gives businesses centralized platforms to manage expenditure, keep an eye on bills, and instantly analyze spending patterns. The demand is driven by this real-time insight, which enables firms to find cost-saving possibilities, make educated decisions, and reduce financial risks.
Travel and expense management software is starting to need integration capabilities with current business systems, such as ERP (business Resource Planning) and HR (Human Resources) systems. Processes are streamlined, data accuracy is improved, and data synchronization across various business operations is made possible through seamless integration. Adoption of software solutions with strong integration capabilities is fueled by organizations’ preference for integrated solutions that can combine travel and cost data with other financial and operational data.
The importance of data analytics and reporting tools in travel and expense management software is growing. Companies need to know about vendor performance, policy compliance, and travel expenditure trends in order to drive strategic decision-making and maximize costs. Organizations are able to get meaningful insights from travel and spending data by utilizing advanced analytics tools that are integrated into these software packages. These tools include predictive analytics, data visualization capabilities, and customisable reporting dashboards.
The increasing popularity of cloud-based travel and expense management software can be attributed to advantages including cost-effectiveness, scalability, and flexibility. By doing away with the requirement for on-premises infrastructure, cloud-based solutions enable businesses to access software from any place or device that has an internet connection. Small and medium-sized businesses (SMEs) find cloud-based solutions especially appealing due to their scalability and accessibility.
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TRAVEL AND EXPENSE MANAGEMENT SOFTWARE MARKET SHARE ANALYSIS
In 2022, the market was led by the cloud segment based on deployment mode. This may be ascribed to the rise in developments in cloud-based infrastructure, as cloud technology offers a number of advantages including easy access to diverse apps from far-off locations, virtual reservations, and other creative solutions.
In 2022, the travel and expenditure management software market was dominated by North America. This is explained by the region’s rapid adoption of cloud-based technology. On the other hand, the Asia-Pacific area is growing faster. This is explained by the rise in small-, medium-, and large-scale technological companies in the area.
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Automating Efficiency: Saudi Arabia Warehouse Automation Market Gears Up for 14.2% CAGR, Driven by E-commerce Boom and Vision 2030: Ken Research
GURUGRAM, India, Feb. 22, 2024 /PRNewswire/ — The Kingdom of Saudi Arabia’s warehouse automation market is on a trajectory for exponential growth, fueled by a surging e-commerce sector and ambitious national goals outlined in Vision 2030. Ken Research’s comprehensive report, Saudi Arabia Warehouse Automation Market Outlook to 2028: Automating the Path to Progress, sheds light on this dynamic market, poised for a remarkable 14.2% CAGR in the coming years. This press release summarizes the key findings and offers valuable insights for investors, logistics companies, and technology providers seeking to capitalize on this flourishing landscape.
Several key factors are propelling the Saudi Arabian warehouse automation market towards a bright future:
E-commerce Boom: The exponential growth of e-commerce is driving demand for efficient and high-throughput warehouse operations, necessitating automation solutions. Vision 2030: The government’s ambitious Vision 2030 plan emphasizes logistics sector development, creating a conducive environment for automation adoption. Rising Labor Costs: Increasing labor costs are prompting companies to seek automation solutions for cost-efficiency and productivity gains. Increased Demand for Storage: Growing population and economic diversification are leading to higher storage requirements, making automation crucial for efficient space utilization. Interested to Know More about this Report, Request a Free Sample Report
Ken Research provides a detailed segmentation of the market, allowing you to pinpoint your target audience effectively:
By Technology: Automated Storage and Retrieval Systems (ASRS) dominate the market, followed by Automated Guided Vehicles (AGVs) and robots. By Application: E-commerce and retail sectors are the primary adopters, followed by manufacturing, healthcare, and automotive industries. By Solution Provider: Global players like Honeywell, Siemens, and Vanderlande compete alongside regional players like Fawaz Refrigeration and Nesma & Partners Contracting Company. Competitive Landscape:
The market features a mix of established players and emerging entrants:
Global players: Honeywell, Siemens, Vanderlande, Swisslog, and Knapp. Regional players: Fawaz Refrigeration, Nesma & Partners Contracting Company, Abdullah Hashim Abunayyan Trading Company, and Al-Obeikan Group. Start-ups: Innovative start-ups are offering customized and cost-effective automation solutions. Recent Developments:
Investment in automation: Major logistics companies and government entities are investing heavily in warehouse automation solutions. Focus on cloud-based solutions: Cloud-based warehouse management systems (WMS) are gaining traction for improved scalability and flexibility. Adoption of collaborative robots (cobots): Cobots are increasingly used for tasks requiring human-robot collaboration. Visit this Link :- Request for custom report
The Saudi Arabian warehouse automation market is expected to witness exciting developments in the coming years:
Growing demand for advanced technologies: Technologies like artificial intelligence (AI) and machine learning (ML) will be integrated for optimized operations. Rise of integrated solutions: Integrated automation solutions encompassing hardware, software, and services will gain popularity. Focus on sustainability: Environmentally friendly automation solutions will be increasingly sought after. Challenges to Address:
Despite its promising future, the market faces some hurdles:
High initial investment costs: The upfront costs of automation implementation can be a barrier for some companies. Lack of skilled workforce: Training and upskilling the workforce to operate and maintain automated systems is crucial. Data security concerns: Addressing data security concerns associated with connected automation systems is essential. Why This Report Matters:
This report empowers various stakeholders to navigate the Saudi Arabian warehouse automation market:
Investors: Identify lucrative investment opportunities across different technologies and segments. Logistics companies: Gain insights into emerging trends, optimize their operations, and improve efficiency. Technology providers: Tailor their offerings to meet specific market needs and expand their reach. Government entities: Formulate policies that support market growth and achieve Vision 2030 goals. Request free 30 minutes analyst call
By Product Category
Semi-AutomatedFully AutomatedBy Product Component
Conveyor System/ Sortation SystemAutomated Storage & Retrieval SystemWarehouse Management SystemAMR/AGVOthers (Pick-to-Light and Put-to-Light Systems and automated packaging: wedging, volume reduction, personalization and more)Automatic Identification and Data Capture (AIDC)By Automated Technology
E-CommerceRetail (Supermarkets, Hypermarket, Consumer Durables & More)3PL/LogisticsOthers (Health & Beauty, Pharma, Furnishing)For More Insights On Market Intelligence, Refer To The Link Below: –
Saudi Arabia Warehouse Automation Market
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