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Global Microplate Readers Market Insights, Forecast to 2025
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Microplate reader, also known as plate reader or microplate photometers, are instruments which are used to detect biological, chemical or physical events of samples in microtiter plates. Microplate readers are widely used in research, drug discovery, bioassay validation, quality control and manufacturing processes in the hospitals, pharmaceutical and biotechnological industry and academic organizations.
In the coming years there is an increasing demand for Microplate Reader in the regions of North America and Europe that is expected to drive the market for more advanced Microplate Reader. Increasing of clinical field expenditures, more-intense competition, launches in introducing new products, increasing of spending on nonclinical field industry, retrofitting and renovation of old technology, increasing adoption of Microplate Reader will drive growth in North America and Europe markets.
Globally, the Microplate Reader industry market is concentrated as the manufacturing technology of Microplate Reader is relatively matures than some high-tech equipment. And some enterprises, like ThermoFisher, PerkinElmer, Tecan, BioTek, etc. are well-known for the wonderful performance of their Microplate Reader and related services. At the same time, North America, occupied 29 % sales market share in 2017, is remarkable in the global Microplate Reader industry because of their market share and technology status of Microplate Reader.
The Microplate Readers market was valued at 510 Million US$ in 2018 and is projected to reach 640 Million US$ by 2025, at a CAGR of 3.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Microplate Readers.
This report presents the worldwide Microplate Readers market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
ThermoFisher
PerkinElmer
Tecan
BioTek
BIO-RAD
Molecular Devices
BMG Labtech
KHB
Promega
Avafurn
Meifeilai
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Related Information:
North America Microplate Readers Market Growth 2019-2024
United States Microplate Readers Market Growth 2019-2024
Asia-Pacific Microplate Readers Market Growth 2019-2024
Europe Microplate Readers Market Growth 2019-2024
EMEA Microplate Readers Market Growth 2019-2024
Global Microplate Readers Market Growth 2019-2024
China Microplate Readers Market Growth 2019-2024
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