The global microplate reader market offers a range of uses and benefits for various industries. Microplate readers are extensively used in life sciences research, clinical diagnostics, pharmaceutical development, and environmental testing. They enable efficient and accurate measurement of various biological and chemical processes, including enzyme assays, protein quantification, DNA analysis, and drug screening. Automating data collection and analysis, microplate readers save time, improve productivity, and enhance experimental reproducibility. They also offer high sensitivity, wide dynamic range, and multiplexing capabilities, allowing for the simultaneous measurement of multiple samples and parameters. Overall, microplate readers facilitate precise and reliable analysis, driving advancements in research, diagnostics, and drug discovery.
Access Full Report at https://www.databridgemarketresearch.com/jp/reports/global-microplate-reader-market
Data Bridge Market Research analyses that the Microplate Reader Market is valued at USD 579.22 million in 2021 and is expected to reach USD 798.83 million by 2029, registering a CAGR of 4.1% during the forecast period of 2022-2029. The shift towards personalized medicine, which requires precise and targeted therapies, is boosting the demand for microplate readers. These instruments enable the analysis of patient samples to determine optimal treatment strategies based on individual characteristics, leading to better patient outcomes.
Key Findings of the Study
Growing demand for high-throughput screening is expected to drive the market's growth rate
High-throughput screening (HTS) is a crucial process in drug discovery that involves testing a large number of compounds against biological targets. Microplate readers play a pivotal role in HTS by providing rapid and automated analysis of samples in microplate wells. These readers can measure various parameters, such as absorbance, fluorescence, and luminescence, allowing researchers to assess the activity and efficacy of compounds. Enabling high-speed analysis of thousands of samples, microplate readers significantly accelerate the drug discovery process, aiding in the identification of potential lead compounds and expediting the development of new therapeutics.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2014 - 2019)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Well System (96 Wells, 384 Wells, 1536 Wells, Others), Product Type (Multi-Mode Microplate Readers, Automated ELISA Systems, Automated Nucleic Acid Purification Systems, Single-Mode Microplate Readers), Application (Protein and Nucleic Acid Detection, Enzyme-Linked Immunosorbent Assay, Others), End User (Biotechnology and Pharmaceutical Companies, Contract Research Organizations, Diagnostic Laboratories, Hospital, Research and Academic Institutes and Others), Distribution Channel (Direct Tenders and Retail Sales)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
|
|
Market Players Covered
|
Bio-Rad Laboratories Inc. (U.S.), PerkinElmer (U.S.), Danaher (U.S.), Thermo Fisher Scientific (U.S.), Agilent Technologies Inc. (U.S.), Biotron Healthcare Pvt. Ltd., (Germany), Promega Corporation (U.S.), Enzo Life Sciences Inc. (U.S.), Berthold Technologies GmbH & Co. K.G. (Germany), Biochrom (U.K.), Corning Incorporated (U.S.), Lonza (Switzerland), Brucker (U.S.), Dynex Technologies (U.S.), Bio-One International GmbH (Austria), Accuris Instruments (U.S.), CTK Biotech Inc. (U.S.), LTEK (South Korea), JASCO (Japan), Rayto Life and Analytical Sciences Co.,Ltd. (China), Micro Lab Instruments (India), Biohit Oyj (Finland), Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China), and Hudson Robotics (U.S.) among others
|
|
Data Points Covered in the Report
|
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
|
Segment Analysis:
The microplate reader market is segmented on the basis of well system, product type, application, end user, and distribution channel.
- On the basis of well system, the microplate reader market is segmented into 96 wells, 384 wells, 1536 wells, and others. 96 wells segment is expected to dominate the well system segment of the global microplate reader market with a CAGR of 6.0% in the forecast period of 2022 to 2029 due to its widespread adoption in various applications, such as high-throughput screening, genomics, proteomics, and drug discovery, offering efficient sample processing and analysis capabilities in a compact format.
In 2022, the 96 wells segment is expected to dominate the well system segment of the global microplate reader market
In 2022, the 96 wells segment is expected to dominate the well system segment of the global microplate reader market owing to its widespread use in numerous fields, including high-throughput screening, genomics, proteomics, and drug discovery, due to its ability to process and analyze samples quickly and conveniently in a small package with a CAGR of 6.0% in the forecast period of 2022 to 2029.
- On the basis of product type, the microplate reader market is segmented into multi-mode microplate readers, automated ELISA systems, automated nucleic acid purification systems, and single-mode microplate readers. Multi-mode microplate readers segment is expected to dominate the global microplate reader market with a CAGR of 6.1% in the forecast period of 2022 to 2029 due to their versatility in performing multiple detection modes, including absorbance, fluorescence, luminescence, and time-resolved fluorescence. They provide researchers with the flexibility to perform a wide range of assays and experiments, making them a preferred choice in various scientific disciplines.
- On the basis of application, the microplate reader market is segmented into protein and nucleic acid detection, enzyme-linked immunosorbent assay, and others. The protein and nucleic acid detection segment is expected to dominate the application segment of the global microplate reader market with a CAGR of 5.9% in the forecast period of 2022 to 2029 due to their capacity for precise protein and nucleic acid quantification and analysis in research, diagnosis, and drug discovery.
In 2022, the protein and nucleic acid detection segment is expected to dominate the application segment of the global microplate reader market
In 2022, the protein and nucleic acid detection segment is expected to dominate the application segment of the global microplate reader market owing to its ability to accurately quantify and analyze proteins and nucleic acids in research, diagnostics, and drug discovery. Microplate readers offer high sensitivity, flexibility, and multiplexing capabilities, making them essential tools for studying biomolecules and their interactions with a CAGR of 5.9% in the forecast period of 2022 to 2029.
- On the basis of end user, the microplate reader market is segmented into biotechnology and pharmaceutical companies, contract research organizations, diagnostic laboratories, hospital, research and academic institutes, and others. Biotechnology and pharmaceutical companies segment is expected to dominate the global microplate reader market with a CAGR of 5.9% in the forecast period of 2022 to 2029 due to their extensive use in drug discovery, high-throughput screening, assay development, and quality control. Microplate readers provide efficient and reliable analysis, enabling these companies to accelerate research, improve productivity, and ensure the safety and efficacy of their products.
- On the basis of distribution channel, the microplate reader market is segmented into direct tenders and retail sales. Direct tenders dominate the distribution channel segment of the microplate reader market with a 5.6 CAGR in the forecast period of 2022 to 2029 due to the nature of the product and the specific requirements of end users. Direct tenders allow manufacturers to establish direct relationships with customers, ensuring customized solutions, prompt service, and competitive pricing.
Major Players
Data Bridge Market Research recognizes the following companies as the major microplate reader market players in microplate reader market are Berthold Technologies GmbH & Co. K.G. (Germany), Biochrom (U.K.), Corning Incorporated (U.S.), Lonza (Switzerland), Brucker (U.S.), Dynex Technologies (U.S.), Bio-One International GmbH (Austria), Accuris Instruments (U.S.), CTK Biotech Inc. (U.S.)
Market Development
- In 2020, Agilent Technologies Inc. introduced the BenchCel Microplate Handler, a new product that enhances laboratory automation and efficiency by providing reliable and precise handling of microplates.
- In 2019, Agilent Technologies Inc. acquired BioTek Instruments, a leading provider of life science instrumentation, to expand its product portfolio and strengthen its capabilities in the field of cell analysis and imaging systems.
Regional Analysis
Geographically, the countries covered in the microplate reader market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
North America is the dominant region in the microplate reader market during the forecast period 2022-2029
North America dominates the microplate reader market due to several factors. The region has a strong focus on technological advancements in life science research and development, leading to the adoption of innovative microplate reader solutions. Additionally, North America houses many major key players in the industry, contributing to the availability and accessibility of advanced microplate reader technologies. These factors collectively contribute to the dominance of North America in the microplate reader market.
Asia-Pacific is estimated to be the fastest-growing region in the microplate reader market for the forecast period 2022-2029
Asia-Pacific is poised for significant growth in the microplate reader market for several reasons. The region is experiencing a rise in research and developmental activities in various fields, including life sciences and pharmaceuticals. Additionally, governments in countries such as China, India, and Japan are providing increased support for research and laboratory work, promoting advancements in the healthcare sector. These factors, coupled with the expanding healthcare infrastructure and growing investments in research and development, are driving the growth of the microplate reader market in Asia-Pacific.
For more detailed information about the microplate reader market report, click here – https://www.databridgemarketresearch.com/jp/reports/global-microplate-reader-market
