Global Microplate Systems Market was valued US$ 825.3 Mn in 2017 and is expected to reach US$ 1184.36 Mn by 2026, at a CAGR of 4.62 % during a forecast period.
Microplate Systems is a research laboratory apparatus which is used to find out process chemical, biological, and physical reactions for trial and research work. Microplate systems are very useful in testing of biological reactions & gene expression reactions, and quantification of proteins.
Growing R&D expenses in the pharmaceutical industry, rising effort on miniaturization, technological advancement, and increased occurrence of diseases are boosting the market growth. The potential for microplate systems in emerging markets is enhancing market growth. Some key factor that drives the growth of the microplate systems market is a rise in finance of the laboratories, growth in infectious diseases that require lab testing for confirmation, and better reimbursement policies in developed countries. However, a high cost of microplate system and lack of trained specialists are limiting the growth of the market.
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The biotechnology & pharmaceutical companies segment is estimated to be the fastest growing segment during the forecast period owing to the growing government support in the form of finance for biotech & pharma research.
The multi-mode microplate readers are expected to register the highest growth rate during the forecast period owing to the increased throughput & efficiency. A multi-mode microplate reader offers the ease of multiple detections at a fraction of the cost of multiple dedicated machines and saves bench space in the lab. Expand capabilities, achieve sensitivity, and evaluate data effortlessly is also increase the growth of the multi-mode microplate readers.
The drug discovery segment is expected to hold the highest share of the global microplate systems market owing to the necessities for high throughput screening and reduced time for medicines in a market are the most important features of the expansion of the global drug discovery segment.
The Asia Pacific is expected to grow at a rapid rate during the forecast period owing to the existence of rapidly developing economies such as China & India. Increase alertness about health & hygiene enhanced health care infrastructure, and available microplate systems market due to growth in the elderly population with inadequate diagnostic & treatment solutions is also boosting the market growth in this region.
Key player operating in the global microplate systems market are Agilent, BMG Labtech, Berthold, Bio-Rad, Biochrom, Biotek, Corning, Danaher, Lonza, Mindray, Perkinelmer, Promega, Rayto, Tecan, and Thermo Fisher Scientific.
The Scope of Global Microplate Systems Market:
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Global Microplate Systems Market, By Product:
• Microplate Readers
• Multi-mode Microplate Readers
• Filter-based Readers
• Monochromator-based Readers
• Hybrid Readers
• Single-mode Microplate Readers
• Fluorescence Plate Readers
• Absorbance Plate Readers
• Luminescence Plate Readers
• Microplate pipetting systems and dispensers
• Microplate washers
• Other Products
Global Microplate Systems Market, By End user:
• Biotechnology & Pharmaceutical Companies
• Hospital & Diagnostic Laboratories
• Research & Academic Institutes
Global Microplate Systems Market, By Application:
• Drug Discovery
• Clinical Diagnostics
• Genomics & Proteomics Research
• Others Application
Global Microplate Systems Market, By Region:
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating In Global Microplate Systems Market:
• BMG Labtech
• Thermo Fisher Scientific
MAJOR TOC OF THE REPORT
Chapter One: Microplate Systems Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Microplate Systems Market Competition, by Players
Chapter Four: Global Microplate Systems Market Size by Regions
Chapter Five: North America Microplate Systems Revenue by Countries
Chapter Six: Europe Microplate Systems Revenue by Countries
Chapter Seven: Asia-Pacific Microplate Systems Revenue by Countries
Chapter Eight: South America Microplate Systems Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Microplate Systems by Countries
Chapter Ten: Global Microplate Systems Market Segment by Type
Chapter Eleven: Global Microplate Systems Market Segment by Application
Chapter Twelve: Global Microplate Systems Market Size Forecast (2019-2026)
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