Market Overview:
The global HTS microplate readers market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high-throughput screening (HTS) services for drug discovery and development, rising prevalence of chronic diseases, and growing investments by pharmaceutical and biotechnology companies in R&D activities. Based on type, the global HTS microplate readers market is segmented into liquid-based and solid-based readers. The liquid-based segment is expected to account for a larger share of the market than the solid-based segment during the forecast period. This can be attributed to factors such as lower cost of ownership, higher throughputs, and ease of use as compared with solid-based readers. Based on application, the global HTS microplate readers market is divided into clinical field applications and nonclinical field applications. The clinical field applications segment accounted for a larger share of the overall market in 2017 owing to increased demand from hospitals & clinics for diagnostic tests such as ELISA (enzyme linked immunosorbent assay), PCR (polymerase chain reaction), Western blotting, flow cytometry assays etc.
Product Definition:
A high-throughput screening (HTS) microplate reader is a laboratory instrument used to measure the activity of one or more molecules in a number of small test tubes or wells on a single plate. The plates are typically 96-well plates, 384-well plates, or 1536-well plates. HTS microplate readers can be used to screen for new drug candidates, assay the activity of enzymes, or characterize the binding affinity of proteins.
Liquid:
Liquid is the term used for a solution that can be applied to microplate wells and then read out through the plate reader. The liquid acts as a carrier for the solutions being assayed and also helps in bringing about standardization among different samples. It also helps in reducing assay variability by providing an even distribution of solutions across all wells of a microplate.
Solid:
The solid is a kind of microplate reader that can be used for detecting the presence or absence, strength and type of chemical in microplates. It has an advantage over liquid as it can be used with different types of liquids such as oil, water and glycerin. The market size for this product is expected to expand rapidly due to its advantages over other products available in the market.
Application Insights:
The clinical field accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to an increase in demand for HTS microplate readers for applications, such as bio-distribution studies, drug discovery research, and toxicology testing. The nonclinical field segment is anticipated to witness a lucrative CAGR of XX% from 2018 to 2030 owing to increasing R&D activities pertaining Non-invasive prenatal testing (NIPT), cancer cell detection & proliferation studies, genetic analysis of tumor cells using flow cytometry or immunoassays.
HIV tests are conducted frequently across the globe due largely in part due their high specificity and sensitivity which has resulted in widespread adoption of HIV rapid tests at community levels.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of research laboratories and increasing R&D activities in this region. Moreover, government funding for advanced technologies is also expected to drive regional growth over the forecast period. Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising healthcare spending by various governments and private organizations as well as growing investments in life science sectors such as pharmaceuticals, biotechnology, medical devices & diagnostics at a domestic level.
Moreover, economic development coupled with rise in disposable income levels has led consumers towards better health outcomes resulting into increased adoption of innovative products across emerging countries including China.
Growth Factors:
- Increasing demand for miniaturization in the life sciences sector is driving the adoption of HTS microplate readers.
- The growing use of high-content screening (HCS) to identify new drug targets is also propelling demand for these readers.
- The increasing number of biotechnology and pharmaceutical companies is leading to an increase in R&D spending, which is fueling growth in the HTS microplate reader market.
- Rapid technological advancements are making these readers more efficient and user-friendly, thereby boosting their adoption rates.
Scope Of The Report
Report Attributes
Report Details
Report Title
HTS Microplate Readers Market Research Report
By Type
Liquid, Solid
By Application
Clinical Field, Nonclinical Field
By Companies
Bruker, PerkinElmer, BMG Labtech, SAFAS, Tecan
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global HTS Microplate Readers Market Report Segments:
The global HTS Microplate Readers market is segmented on the basis of:
Types
Liquid, Solid
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
Clinical Field, Nonclinical Field
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:
- Bruker
- PerkinElmer
- BMG Labtech
- SAFAS
- Tecan
Highlights of The HTS Microplate Readers 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:
- Liquid
- Solid
- By Application:
- Clinical Field
- Nonclinical Field
- 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 HTS Microplate Readers 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?
HTS Microplate Readers are a type of laboratory instrument that can be used to measure the amount of certain substances in a sample. They work by using light to detect and measure the amount of molecules in a sample.
Some of the major players in the hts microplate readers market are Bruker, PerkinElmer, BMG Labtech, SAFAS, Tecan.
The hts microplate readers market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 HTS Microplate Readers 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 HTS Microplate Readers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 HTS Microplate Readers 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 HTS Microplate Readers 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 HTS Microplate Readers Market Size & Forecast, 2020-2028
4.5.1 HTS Microplate Readers Market Size and Y-o-Y Growth
4.5.2 HTS Microplate Readers 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 Liquid
5.2.2 Solid
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 Clinical Field
6.2.2 Nonclinical Field
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global HTS Microplate Readers 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 HTS Microplate Readers 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 Liquid
9.6.2 Solid
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 Clinical Field
9.10.2 Nonclinical Field
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 Liquid
10.6.2 Solid
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 Clinical Field
10.10.2 Nonclinical Field
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 Liquid
11.6.2 Solid
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 Clinical Field
11.10.2 Nonclinical Field
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 Liquid
12.6.2 Solid
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 Clinical Field
12.10.2 Nonclinical Field
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 Liquid
13.6.2 Solid
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 Clinical Field
13.10.2 Nonclinical Field
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 HTS Microplate Readers Market: Competitive Dashboard
14.2 Global HTS Microplate Readers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bruker
14.3.2 PerkinElmer
14.3.3 BMG Labtech
14.3.4 SAFAS
14.3.5 Tecan
