Market Overview:
The global microplate readers 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 microplate readers in the clinical field and nonclinical field. In terms of type, the optical filter microplate reader segment is expected to hold a major share of the global market during the forecast period. This can be attributed to its low cost and high accuracy as compared to other types of microplate readers.
Product Definition:
Microplate Readers are devices that are used to detect and quantitate the amount of fluorescence or radioactivity in a microplate well. They can be used for a variety of applications, including ELISA assays, gene expression studies, and protein binding assays.
Optical Filter Microplate Reader:
The optical filter microplate reader is a device used for measuring the light intensity of an optical filter. It works on the principle of interference and uses a photodiode to detect the light. The photodiode measures how much light falls on to it and produces an electrical signal representing that data.
Optical Grating Microplate Reader:
The optical grating microplate reader is an instrument used to measure the light intensity or the amount of fluorescence coming from a microplate. It works by directing the light onto the plate and measuring how much gets reflected back. The device consists of a source of fluorescent light, an optical grating that diffracts some of this light into an array of beams, and detectors that count how many times this beam falls on its way towards a sensor.
Application Insights:
The clinical field dominated the global market in 2017. This is owing to an increase in demand for microplate readers by biotechnology companies and research organizations for their own use or as a gift to researchers from other organizations. In addition, an increase in R&D activities pertaining to new drug development has led major pharmaceutical companies and research institutions to invest in the purchase of these devices.
Nonclinical field is expected register the fastest CAGR over the forecast period due largely on-going investments by various public and private players involved with nonclinical studies for new drug development & medical device approval. For instance, many universities have been investing significantly in building advanced bio-test platforms that are capable of handling large number of samples per day along with automated liquid Handling Systems (LSV). Such systems can be used not only for testing but also as a teaching tool, thereby driving demand across several applications areas including toxicology testing at academic institutions or industrial settings.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of key players and increased funding for R&D. The region is expected to maintain its position during the forecast period due to increasing adoption of automated plate readers by researchers. Asia Pacific is anticipated to grow at a lucrative rate over the forecast period owing to increasing government spending on healthcare, rising disposable income, and improving healthcare facilities in emerging countries such as China and India.
Moreover, an increase in disease burden has led governments around the world including China & India's government invest huge amounts on public health programs & infrastructure development which will drive this regional market further.
Some prominent players operating in this industry are Bio-Rad Laboratories Inc., Hygiena LLC (U.S.
Growth Factors:
- Increasing demand for microplate readers in the life sciences sector for drug discovery and development
- Rising prevalence of chronic diseases such as cancer, diabetes, and cardiovascular diseases that require accurate diagnosis and treatment
- Proliferation of personalized medicine that necessitates use of microplate readers for detection and analysis of biomarkers
- Growing demand from clinical laboratories for high-throughput screening to detect genetic variations and mutations associated with various diseases
- Technological advancements in microplate reader platforms that offer enhanced performance, accuracy, speed, and throughput
Scope Of The Report
Report Attributes
Report Details
Report Title
Microplate Readers Market Research Report
By Type
Optical Filter Microplate Reader, Optical Grating Microplate Reader
By Application
Clinical Field, Nonclinical Field
By Companies
ThermoFisher, PerkinElmer, Tecan, BioTek, BIO-RAD, Molecular Devices, BMG Labtech, KHB, Promega, Biochrom, Berthold, Awareness, Rayto, Perlong, Autobio
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Microplate Readers Market Report Segments:
The global Microplate Readers market is segmented on the basis of:
Types
Optical Filter Microplate Reader, Optical Grating Microplate Reader
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:
- ThermoFisher
- PerkinElmer
- Tecan
- BioTek
- BIO-RAD
- Molecular Devices
- BMG Labtech
- KHB
- Promega
- Biochrom
- Berthold
- Awareness
- Rayto
- Perlong
- Autobio
Highlights of The 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:
- Optical Filter Microplate Reader
- Optical Grating Microplate Reader
- 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 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Microplate readers are a type of device used to read small amounts of biological material. They can be used in laboratories to test samples for the presence of specific substances, or to identify the genetic make-up of cells.
Some of the major players in the microplate readers market are ThermoFisher, PerkinElmer, Tecan, BioTek, BIO-RAD, Molecular Devices, BMG Labtech, KHB, Promega, Biochrom, Berthold, Awareness, Rayto, Perlong, Autobio.
The microplate readers market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Microplate Readers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Microplate Readers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Microplate Readers Market - Supply Chain
4.5. Global Microplate Readers Market Forecast
4.5.1. Microplate Readers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Microplate Readers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Microplate Readers Market Absolute $ Opportunity
5. Global Microplate Readers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Microplate Readers Market Size and Volume Forecast by Type
5.3.1. Optical Filter Microplate Reader
5.3.2. Optical Grating Microplate Reader
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Microplate Readers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Microplate Readers Market Size and Volume Forecast by Application
6.3.1. Clinical Field
6.3.2. Nonclinical Field
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Microplate Readers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Microplate Readers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Microplate Readers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Microplate Readers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Microplate Readers Demand Share Forecast, 2019-2026
9. North America Microplate Readers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Microplate Readers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Microplate Readers Market Size and Volume Forecast by Application
9.4.1. Clinical Field
9.4.2. Nonclinical Field
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Microplate Readers Market Size and Volume Forecast by Type
9.7.1. Optical Filter Microplate Reader
9.7.2. Optical Grating Microplate Reader
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Microplate Readers Demand Share Forecast, 2019-2026
10. Latin America Microplate Readers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Microplate Readers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Microplate Readers Market Size and Volume Forecast by Application
10.4.1. Clinical Field
10.4.2. Nonclinical Field
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Microplate Readers Market Size and Volume Forecast by Type
10.7.1. Optical Filter Microplate Reader
10.7.2. Optical Grating Microplate Reader
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Microplate Readers Demand Share Forecast, 2019-2026
11. Europe Microplate Readers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Microplate Readers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Microplate Readers Market Size and Volume Forecast by Application
11.4.1. Clinical Field
11.4.2. Nonclinical Field
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Microplate Readers Market Size and Volume Forecast by Type
11.7.1. Optical Filter Microplate Reader
11.7.2. Optical Grating Microplate Reader
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projctions by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Microplate Readers Demand Share, 2019-2026
12. Asia Pacific Microplate Readers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Microplate Readers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Microplate Readers Market Size and Volume Forecast by Application
12.4.1. Clinical Field
12.4.2. Nonclinical Field
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Microplate Readers Market Size and Volume Forecast by Type
12.7.1. Optical Filter Microplate Reader
12.7.2. Optical Grating Microplate Reader
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Microplate Readers Demand Share, 2019-2026
13. Middle East & Africa Microplate Readers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Microplate Readers Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Microplate Readers Market Size and Volume Forecast by Application
13.4.1. Clinical Field
13.4.2. Nonclinical Field
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Microplate Readers Market Size and Volume Forecast by Type
13.7.1. Optical Filter Microplate Reader
13.7.2. Optical Grating Microplate Reader
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Microplate Readers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Microplate Readers Market: Market Share Analysis
14.2. Microplate Readers Distributors and Customers
14.3. Microplate Readers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ThermoFisher
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. PerkinElmer
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tecan
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BioTek
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BIO-RAD
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Molecular Devices
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BMG Labtech
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. KHB
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Promega
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Biochrom
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Berthold
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Awareness
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Rayto
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Perlong
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Autobio
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
