Microplate Reader Market Size & Analysis – Forecasts To 2025

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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Ankita Roy, Treesha Banerjee and
Liza Dsouza from Global Market Estimates throw
the spotlight on the growing Microplate Reader
Market. Market Insights The microplate reader
market is anticipated to grow at a high CAGR over
the forecast period on account of increasing
investments in research development by
pharmaceutical, biotechnology, research
institutes, and other diagnostic companies. The
instrument is widely used to process and analyze
information in biological and chemical
experimental. Microplate readers developed in the
market have several features such as versatile
functionality, temperature control, ability store
export data, and plate-based imaging assays.
Microplate Reader Market Well System
Insights On the basis of well systems, the
market is segmented into 96-well, 384, and 1536.
96 well systems are the most commonly used
single mode microplate readers. The demand for
384 and 1536 well systems are projected to grow
at a high CAGR over the forecast period on
account of its improved functionality. Microplat
e Reader Market Type Insights Single mode and
multimode are the two types of microplate readers
available in the market. Even though multimode
microplate readers are more expensive they are
preferred due to their more efficient detector
and optics. Multimode readers help analyzing or
reading several factors such as fluorescence
intensity, absorbance, and luminescence.
Companies such as BioTek developed BioTeks
Cytation 3 that can work as a high-speed
automated digital fluorescence microscope.
Technological advancements in new product
development is anticipated to positively impact
market growth over the coming years.
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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Microplate Reader Market
Application Insights On the basis of
application, the microplate readers market is
segmented into pharmaceutical biotechnology
companies, research institutes, and hospitals
diagnostic centers. Increasing investments
undertaken in the pharmaceutical biotechnology
field for developing and testing drugs is
anticipated to propel market growth over the
coming years. The applications of microplate
readers in the pharmaceutical biotechnology
field are anticipated to hold the largest share
and grow at a significant CAGR over the forecast
period. Biotechnology has observed large
investment in the genetic engineering, medical,
agricultural, environmental, and industrial
field. Developing of advanced medicines and drugs
to cure chronic diseases and other ailments is
anticipated to boost usage in the pharmaceutical
sector.
Microplate Reader Market Regional Insights The
demand for microplate readers in the North
American region held the largest share on account
of the prevalence of a large number of
multinational companies operating in the U.S. and
Canada. Europe is also projected to hold a
predominant position in the market due to the
presence of major pharmaceutical biotechnology
companies in Germany, the UK, and France. The
high preference given to automation technologies
in Europe and North America are projected to
drive demand over the coming years. The demand
for microplate readers in Asia Pacific is also
anticipated to grow tremendously from 2017 to
2025. The growing investments in the
pharmaceutical sector of Japan, India, China, and
Australia are projected to drive demand for
microplate readers over the coming years.
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• GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
• Microplate Reader Market End-Use Landscape
• The end-use landscape entails a list of current
  and prospective consumers prevailing across the
  regions. This section provides company addresses,
  contact details, products, and regional presence
  of companies who are purchasing or are likely to
  purchase microplate reader over the coming years.
  Some leading consumers in the market include
  Gilead Sciences, Inc., Amgen, and Celgene
  Corporation among others.
• Microplate Reader Market Competitive Landscape
• Some of the major players in the market include
  BioTek Molecular Devices, PerkinElmer Inc., Tecan
  Trading AG., Corning Incorporatedm Thermo Fisher
  Scientific, BMG Labtech GmbH Instruments, Inc.,
  Hidex Oy, Molecular Devices, LLC, Biochrom Ltd,
  Agilent Technologies, and Bio-Rad Laboratories,
  Inc. among others.
• In August 2017, BioTek launched its new
  microplate reader 800 TS which is equipped with
  an easily programmable onboard software and
  color touchscreen interface. Technological
  upgrades introduced by manufacturing companies
  are anticipated to positively impact market
  demand.
• The report segments the Microplate Reader Market
  on the basis of By Well System
• 96-well
• 384
• 1536
• By Type
• Single-Mode Readers

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GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS

• By Region
• North America
• Europe
• Asia Pacific
• Central South America
• Middle East Africa

This article contains text from the Microplate
Reader Market Size Analysis Forecasts To
2025 report prepared by Global Market Estimates.
For more information or to buy the report, please
visit https//www.globalmarketestimates.com/glob
al-microplate-reader-market/
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