01-11-2019 07:48 PM CET - Advertising, Media Consulting, Marketing Research

Automated Plate Readers Market is expected to grow at a CAGR of 10.68%, over the forecast period (2018-2023)| Major Vendors - THERMO FISHER SCIENTIFIC, BECKMAN COULTER, HUDSON ROBOTICS, BECTON DICKINSON, SYNCHRON LAB AUTOMATION, AGILENT TECHNOLOGIES, SIEM

Press release from: Market Prognosis

Market Analysis:

North America holds the Largest Market Share

The market landscape in North America is extremely dynamic, with a high level of merger and acquisition activities and many high-value deals.. Asia-Pacific and Latin America are the emerging regions, owing to factors like considerable increase in outsourcing pharmaceutical manufacturing, due to the availability of cheaper resources and labors.

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The operational and strategic needs of labs are continually changing, evolving, and expanding. As the demand for testing and more test types, coupled with efficient usage of advanced diagnostic devices, and increasing automation increases, the laboratory equipment for laboratory automation is rising to meet the needs. The need for flexibility and adaptability in a laboratory is driving more number of laboratories to look for solutions that will help in growing their panel selections in diagnostic systems, along with the ability to offer flexibility to third-party providers. Bioanalysis segment is expected to grow with the highest annual growth rate, during the forecast period.

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Market Segments:
Automated Plate Readers Market is segmented by:
1. Type: Absorbance, Fluorescence, Luminescence, Time-resolved Fluorescence, Fluorescence Polarization, Light Scattering
2. Application: Drug Discovery, Genomics, Proteomics, Bio Analysis, Analytical Chemistry, Clinical Diagnostics
3. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments in the Market

• September 2017 - Agilent Technologies announced a platinum sponsorship agreement with LabCentral, a biotech innovation hub based in Cambridge, Massachusetts.
• July 2017 - Thermo Fisher Scientific announced two innovative technologies (ISQ EC Single Quadrupole mass spectrometer, MAbPac RP 1mm columns). These are expected to increase the analytical analysis.

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About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today's complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

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This release was published on openPR.
News-ID: 1492093 • Views: 259
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