Liquid Handling System Market Revenue to Grow $4.8 Bn by 2027
The Yahoo Finance website reported that growing demand for high-throughput screening is anticipated to promote market growth in liquid handling systems. The increasing adoption of open innovation models in biotechnology & pharmaceutical companies, availability of government funding & venture capital investments, and growing applications in life sciences research are some of the factors expected to upsurge the demand for high-throughput screening. In the open innovation approach, pharmaceutical firms conduct high-throughput screening assay and focused screening programs. This approach is advantageous for both academic research institutes and pharmaceutical companies, that in turn, boosts the market expansion significantly.
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