Microplate readers (Plate readers)
or microplate photometers, are instruments which are used to detect biological,
chemical or physical events of samples in microtiter plates. Microplate readers
can make absorbance, fluorescence and luminescence measurements. Multiwell
plates are integral to the microplate reader which allow the number of experiments
to be performed at once. The report on global microplate readers market is an
in-depth analysis of the segments and sub-segments in the microplate readers market.
The report provides analysis for the global as well as regional markets over
the period of 2016 to 2024. According to the report the global microplate readers The market is expected to grow at a CAGR of 5.5% over the forecast period of 2018 -
2024.
Market Insight:
High occurrence of diseases such as flu, increasing patient
awareness, rising research and development initiatives, development of
high-throughput screening (HTS) for drug discovery and genomic technology are
important driving factors for the growth of the microplate readers market. Moreover the high cost of components, label-free technologies, and sensitivity towards
storage conditions are factor expected to hamper the growth of the global
microplate readers market.
Segments Covered
The report on global microplate
readers market covers segments such as product, technology, application, and
end-user. The product segments include absorbance reader, single mode reader,
fluorescence reader, and multimode reader. The multi-mode microplate segment
accounted for the major shares of the microplate readers market, the comfort of
operation, the provision to accommodate additional features, and the improved
cost savings, will contribute to the growth of the market segment. Moreover,
the launch of products with new detection modes and other features will also
drive the demand for multi-mode microplate readers. On the basis of technology
the global microplate readers market is categorized into biologic targeting,
supramolecular chemistry, nanotechnology, microfluidics, protein engineering, and
others. Furthermore, on the basis of application the microplate readers market is
segmented as neurology, oncology, biotechnology, and others. Biotechnology is a
growing segment due to increasing resources in research and technology. On the
basis of end-user, the microplate readers market is segmented as pathology labs,
diagnostic laboratories, life sciences, and research lab and others.
Geographic Coverage
The report provides regional analysis covering geographies
such as North America, Europe, Asia-Pacific, and Rest of the World. In this
section, the key trends and market size for each geography are provided over the
period of 2016 – 2024. North America dominates the global microplate readers
market due to the rising frequency of epidemic diseases and early phase diagnosis
and treatment of diseases, the increase in funding for the development of
research and robust key players in these regions are driving the growth of the
market for microplate readers in North America. The countries covered in the
North America region include the U.S., Canada, and Mexico; The U.S. drives the
growth in the North America region as it is the largest market in the region. While
Asia-Pacific includes China, Japan, India, South Korea, and Malaysia among
others. The Asia-pacific region offers a substantial potential for the market
growth owing to rapid growth in markets such as India and China due to The U.S.
drives the growth in the North America region as it is the largest market in
the region due to increasing population, changing lifestyle, growing awareness
among patients, and increasing per capita expenditure. The APAC region is
projected to experience growth at a CAGR of x.x% over the period of 2018 -
2024.
Companies Profiled:
The report provides profiles of
the companies in the global microplate readers market such as PerkinElmer,
Inc., Tecan, Thermo Fisher Scientific, Corning, MDS Analytical Technologies,
Greiner Bio-One, BioTek Instruments, Inc., BMG LABTECH, and Others.
Report Highlights:
The report provides deep insights
on demand forecasts, market trends, and micro and macro indicators. In addition,
this report provides insights into the factors that are driving and restraining the
global microplate readers market. Moreover, IGR-Growth Matrix analysis given in
the report brings an insight into the investment areas that existing or new
market players can consider. The report provides insights into the market using
analytical tools such as Porter’s five forces analysis and DRO analysis of
microplate readers market.
Moreover, the study highlights current market
trends and provides forecast from 2018 to 2024. We also have highlighted future
trends in the microplate readers market that will impact the demand during the
forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players. Additionally,
the analysis highlights the rise and fall in the market shares of the key players
in the market. This report will help manufacturers, suppliers, and distributors
of the microplate readers market to understand the present and future trends in
this market and formulate their strategies accordingly.