Market Overview:
The global rapid reagent dispenser market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for rapid reagent dispensers in hospitals, ambulatory surgical centers, contract research institutes, medical institutes and diagnostic laboratories. Additionally, the growing awareness about the benefits of using rapid reagent dispensers is also contributing to the growth of this market.
Product Definition:
A rapid reagent dispenser is a device that is used to quickly and accurately dispense liquids in precise quantities. This device can be used in a variety of settings, including hospitals, laboratories, and food production facilities. The importance of a rapid reagent dispenser lies in its ability to quickly deliver accurate doses of liquid medications or other substances. This can be critical in situations where time is of the essence and accuracy is paramount.
Bulk Reagent Dispensers:
Bulk reagent dispensers are used to dispense liquid reagents in large quantities. They are majorly used in research laboratories for various applications such as DNA sequencing, protein purification, and antibody testing. Bulk Reagent Dispenser is a device that enables the rapid and accurate delivery of liquids into small stoppage spaces which helps reduce wastage during usage of liquid reagents. It also helps minimize contamination risks associated with the liquids being delivered to the sample sites.
Multi-Drop Reagent Dispenser:
Multi-drop reagent dispenser is a device used to dispense multiple drops of reagents at a time. It's major applications are in the areas of biotechnology, clinical laboratory testing and process industries. The multi drop reagent dispensers market is expected to witness significant growth over the forecast period owing to its ability to reduce human intervention during sample preparation which reduces errors and saves time during tests or processes.
Application Insights:
Based on the application, the market is segmented into hospitals, ambulatory surgical centers, contract research institutes, medical institutes and diagnostic laboratories. The hospitals segment dominated the global market in 2017 owing to increasing prevalence of chronic diseases and rising healthcare expenditure globally. According to WHO¢â‚¬â„¢s latest data published in 2018, there are 1.7 billion people aged 60 years or above across the globe which represents 22% of total population and this demographic is expected to double by 2050 thus fueling demand for rapid reagent dispensers over the forecast period.
Rapid test strips dispenser was one of the prominent products that were sold in hospital settings as it helps reduce turnaround time for testing samples at a reduced cost compared with conventional methods such as manual pipette method or cuvettes method used by laboratories worldwide.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of key players, high adoption rate of advanced technologies, and increasing healthcare expenditure in this region. In addition, growing target population base and rising demand for highly reliable rapid diagnostic tests are expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to factors such as improving healthcare infrastructure due to increased government spending on it or due to collaborations with international organizations or foreign governments who have already invested heavily in this sector which has led Asia Pacific countries being at par with developed nations when it comes Rapid Reagent Dispenser (RAD) technology usage rates thus making Asia Pacific an attractive destination for investors looking for high returns with low risks involved.
Growth Factors:
- Increasing demand for rapid and accurate diagnostic tests
- Technological advancements in rapid reagent dispensers
- Growing number of hospitals and clinics
- Rising prevalence of chronic diseases
- Increasing awareness about early diagnosis and treatment
Scope Of The Report
Report Attributes
Report Details
Report Title
Rapid Reagent Dispenser Market Research Report
By Type
Bulk Reagent Dispensers, Multi-Drop Reagent Dispenser
By Application
Hospitals, Ambulatory Surgical Centers, Contract Research Institutes, Medical Institutes, Diagnostic Laboratories
By Companies
Thermo Fisher Scientific, BioDot, PerkinElmer, INTEGRA Biosciences, BioTek Instruments
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Rapid Reagent Dispenser Market Report Segments:
The global Rapid Reagent Dispenser market is segmented on the basis of:
Types
Bulk Reagent Dispensers, Multi-Drop Reagent Dispenser
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Ambulatory Surgical Centers, Contract Research Institutes, Medical Institutes, Diagnostic Laboratories
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thermo Fisher Scientific
- BioDot
- PerkinElmer
- INTEGRA Biosciences
- BioTek Instruments
Highlights of The Rapid Reagent Dispenser Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bulk Reagent Dispensers
- Multi-Drop Reagent Dispenser
- By Application:
- Hospitals
- Ambulatory Surgical Centers
- Contract Research Institutes
- Medical Institutes
- Diagnostic Laboratories
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Rapid Reagent Dispenser Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Rapid Reagent Dispenser (R.R.D.) is a device used in laboratories to rapidly dispense small quantities of reagents, such as chemicals, solvents and buffers.
Some of the major players in the rapid reagent dispenser market are Thermo Fisher Scientific, BioDot, PerkinElmer, INTEGRA Biosciences, BioTek Instruments.
The rapid reagent dispenser market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rapid Reagent Dispenser Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Rapid Reagent Dispenser Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Rapid Reagent Dispenser Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Rapid Reagent Dispenser Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Rapid Reagent Dispenser Market Size & Forecast, 2020-2028 4.5.1 Rapid Reagent Dispenser Market Size and Y-o-Y Growth 4.5.2 Rapid Reagent Dispenser Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Bulk Reagent Dispensers
5.2.2 Multi-Drop Reagent Dispenser
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Ambulatory Surgical Centers
6.2.3 Contract Research Institutes
6.2.4 Medical Institutes
6.2.5 Diagnostic Laboratories
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rapid Reagent Dispenser Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Rapid Reagent Dispenser Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Bulk Reagent Dispensers
9.6.2 Multi-Drop Reagent Dispenser
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Ambulatory Surgical Centers
9.10.3 Contract Research Institutes
9.10.4 Medical Institutes
9.10.5 Diagnostic Laboratories
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Bulk Reagent Dispensers
10.6.2 Multi-Drop Reagent Dispenser
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Ambulatory Surgical Centers
10.10.3 Contract Research Institutes
10.10.4 Medical Institutes
10.10.5 Diagnostic Laboratories
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Bulk Reagent Dispensers
11.6.2 Multi-Drop Reagent Dispenser
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Ambulatory Surgical Centers
11.10.3 Contract Research Institutes
11.10.4 Medical Institutes
11.10.5 Diagnostic Laboratories
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Bulk Reagent Dispensers
12.6.2 Multi-Drop Reagent Dispenser
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Ambulatory Surgical Centers
12.10.3 Contract Research Institutes
12.10.4 Medical Institutes
12.10.5 Diagnostic Laboratories
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Bulk Reagent Dispensers
13.6.2 Multi-Drop Reagent Dispenser
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Ambulatory Surgical Centers
13.10.3 Contract Research Institutes
13.10.4 Medical Institutes
13.10.5 Diagnostic Laboratories
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Rapid Reagent Dispenser Market: Competitive Dashboard
14.2 Global Rapid Reagent Dispenser Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermo Fisher Scientific
14.3.2 BioDot
14.3.3 PerkinElmer
14.3.4 INTEGRA Biosciences
14.3.5 BioTek Instruments