Pumping Growth of Laboratory Pumping Systems Pushes the Market to Reach 3.1 Billion Dollars by 2012

Laboratory liquid handling equipments play a major role in all the laboratories. These systems consist of liquid handling or liquid transfer equipment such as air pumps, liquid pumps peristaltic pumps, burettes, etc. There has been remarkable growth in large-scale applications like combinatorial chemistry and that is supposed to excel the demand for standard and neogen indonesia specialized laboratory equipment specially laboratory pumps. Liquid handling instruments like pumps are largely used in laboratories. Laboratory pumps are required for general laboratory development and research applications. Successful sequencing of the human genome and improvements in protein research technology has brought life science and biomedical research in the lime light. New liquid handling products are being advent that are contamination as well as corrosion resistant and can be used for handling dangerous liquids. Such products are propelling the market for liquid handling products. As per the report by Global Industry Analysts, Inc., the laboratory pumping systems market, backed by favorable end-use trends, is estimated to touch thermogravimetric analyzer tga US$3.1 billion by 2012. The leading product category is liquid pumps with projected sales to touch US$1.38 billion in 2009. The peristaltic pumps market is estimated to grow at compounded annual rate of about 3.8% through 2010. United States is the biggest market of laboratory pumping systems, one of the key component in laboratory liquid handling equipment market, with estimated sales worth US$802 million in 2010. The Asia-Pacific region is supposed to be the fastest growing regional market during the review period 2000-2010. United States, Asia-Pacific and Europe jointly accounted for 79% share of the laboratory pumping systems market. Some of the major companies involved in manufacturing laboratory pumping systems are Alcatel Vacuum Technology, Eldex Laboratories, Gardner Denver Thomas Inc/Welch Vacuum Technology, Instech Laboratories, Pfeiffer Vacuum Technology, Thermo Fisher Scientific Inc and Watson Marlow Bredel Pumps Limited.