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Microplate Systems Market by Product (Microplate Reader (Multi-mode {Hybrid}, Single-mode), Dispenser, Software), Application (Research, Clinical Diagnostics) & End User (Biotechnology, Pharmaceutical, Hospital, Diagnostic Labs) - Forecast to 2022

03-31-2020 09:54 AM CET | Health & Medicine

Press release from: ReportsnReports

Microplate Systems Market

Microplate Systems Market

"The global microplate systems market projected to grow at a CAGR of 4.0%."

The global microplate systems market is expected to reach USD 996.9 million by 2022 from USD 820.3million in 2017 at a CAGR of 4.0%. This market is experiencing significant growth due to increasing R&D expenditure in the pharmaceutical industry, increasing focus on miniaturization, technological advancements, and growing prevalence of diseases.

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List of companies profiled in the report

BioTek (US)
Danaher (US)
PerkinElmer (US)
Tecan (Switzerland)
Thermo Fisher (US)
BMG LABTECH (Germany)
BERTHOLD (Germany)
Agilent (US)
Bio-Rad (US)
Promega (US)
Biochrom (UK)
Corning (US)
Lonza (Switzerland)
Rayto (China)
Mindray (China)

"Microplate Readers are expected to grow at the highest CAGRd uring the forecast period."

Based on product and service, the market is segmented into microplate readers, microplate pipetting systems and dispensers, microplate washers, and other products. The microplate readers segment is expected to hold the largest share of the market in 2017 and projected to register the highest CAGR during the forecast period. High demand for these systems due to increasing number of research activities are the key factors driving the growth of this segment.

"Biotechnology and pharmaceutical companies is expected to dominate the market during the forecast period."

Based on end user, the market is segmented into biotechnology and pharmaceutical companies, hospitals and diagnostic laboratories, and research and academic institutes. The biotechnology and pharmaceutical companies segment is estimated to hold the largest share the microplate systems market in 2017. It is projected to register the highest growth during the forecast period due to increasing government support in the form of funding for biotech and pharma research.

"Asia Pacific to witness the highest growth during the forecast period."

In 2017, North America is expected to account for the largest share of the market followed by Europe. However, Asia Pacific is expected to register the highest CAGR during the forecast period. This can be attributed to factors such as the growing focus on research-related funding activities by government organizations, increasing healthcare investments, increasing ageing population, and increasing prevalence of diseases.

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Research Coverage:

The report provides an overview of the microplate systems market. It aims at estimating the market size and future growth potential of this market across different segments such as product, application, end user, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

List of Tables

Table 1 Microplate System Market, By Product, 2015-2022 (USD Million)
Table 2 Multi-Mode Microplate Readers Market, By Region, 2015-2022 (USD Million)
Table 3 Multi-Mode Microplate Readers Market, By Type, 2015-2022 (USD Million)
Table 4 Filter-Based Readers Market, By Region, 2015-2022 (USD Million)
Table 5 Monochromator-Based Readers Market, By Region, 2015-2022 (USD Million)
Table 6 Hybrid Readers Market, By Region, 2015-2022 (USD Million)
Table 7 Single-Mode Microplate Readers Market, By Region, 2015-2022 (USD Million)
Table 8 Single-Mode Microplate Readers Market, By Type, 2015-2022 (USD Million)
Table 9 Fluorescence Plate Readers Market, By Region, 2015-2022 (USD Million)
Table 10 Absorbance Plate Readers Market, By Region, 2015-2022 (USD Million)
Table 11 Luminescence Plate Readers Market, By Region, 2015-2022 (USD Million)
Table 12 Microplate Systems Market, By Application, 2015-2022 (USD Million)
Table 13 Microplate System Market for Drug Discovery, By Region, 2015-2022 (USD Million)
Table 14 Microplate Systems Market for Clinical Diagnostics, By Region, 2015-2022 (USD Million)
Table 15 Microplate System Market for Genomics and Proteomics Research, By Region, 2015-2022 (USD Million)
Table 16 Microplate Systems Market for Other Applications, By Region, 2015-2022 (USD Million)

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List of Figures

Figure 1 Microplate Systems Market
Figure 2 Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Data Triangulation
Figure 5 Multi-Mode Microplate Readers to Dominate the Microplate System Market in 2017 and 2022
Figure 6 Filter-Based Readers to Dominate the Multi-Mode Microplate Readers Market in 2017
Figure 7 Fluorescence Plate Readers to Dominate the Single-Plate Microplate Readers Market in 2017
Figure 8 Drug Discovery Segment to Dominate the Microplate Systems Market in 2017
Figure 9 Biotechnology and Pharmaceutical Companies to Dominate the Microplate Systems Market During the Forecast Period
Figure 10 Asia Pacific to Witness High Growth During the Forecast Period
Figure 11 Increasing R&D Expenditure in the Pharmaceutical Industry to Drive the Growth of the Market
Figure 12 Drug Discovery to Account for the Largest Market Share in 2017
Figure 13 Drug Discovery to Account for the Largest Share of the Microplate System Market in Asia Pacific in 2017
Figure 14 Multi-Mode Microplate Readers to Witness Highest Growth From 2017 to 2022

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