Automated Plate Readers Market 2020 Global Insights and Business Outlook - Thermo Fisher Scientific, Tecan Group Ltd, Eppendorf AG, Bio-Rad, Siemens Healthcare

Automated Plate Readers - A Market Overview and Forecast 2020 - 2025, This report presents a profound evaluation of basic elements of Automated Plate Readers industry such as production scale and profit generation. Market driving factors, newly adopted technologies, latest business methodologies have been discussed in this report. The report also forecasts the potential of the market and reviews thorough analysis of vital segments and regional markets.

The automated plate readers market is expected to grow at a CAGR of 10.8%, over the forecast period 2020-2025.

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The Automated Plate Readers Market is competitive owing to the presence of various international and domestic manufacturers. The market appears to be fragmented with the vendors competing in terms of price, capacity, volume, product quality, and technological innovation in the market. Some of the major players in the market are Thermo Fisher Scientific, Tecan Group Ltd, Eppendorf AG, Bio-Rad, Siemens Healthcare, Bio-Tec, Shimadzu Corp., PerkinElmer, and Danaher Corporation

- The operational and strategic needs of labs are continually changing, evolving, and expanding. The adoption of a new laboratory automation solution utilizes a workflow analysis and offers benefits to laboratories to a large extent. A workflow study will provide lab leaders with a transparent and data-driven picture of what the laboratory is doing right now.
- This is where comes the role of automated plate readers which are plate readers for quantifying protein and other activities, via a specific light source connected through an optical filter, for analyzing the sample. Fluorescence detection is developed for detecting microplate. It is more expensive than absorbance detection. In the pattern for fluorescence detection, the sample undergoes illumination through two optical systems.
- 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.
- The major challenge for automated plate readers is to interconnect various platforms across the lab.

Scope of the Report

An automated plate reader is a device to detect chemical, biological, or physical reactions by hitting them with light and then measuring its characteristics since every element solid or liquid emits different characteristics when being hit by the light. By this technology, scientists have increased their efficiency by reducing the operational time, they can read the sample in minutes or even in seconds, which saves them costs too.

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Competitive Insights

April 2018 - Agilent Technologies Inc. and BioTek Instruments, Inc., launched a new, integrated solution that combines cellular metabolic analysis and imaging technologies. The optimized solution integrates the Agilent Seahorse XFe96/XFe24 Analyzers with the BioTek Cytation 1 Cell Imaging Multi-Mode Reader. This solution creates a standardized approach for comparing XF data sets, improving assay workflow, embedding images into WAVE software, and applying normalization values to Seahorse XF measurements.

Bioanalysis Application is Growing Exponentially

- The use of technology to streamline or substitute manual intervention of equipment and processes is known as lab automation. Technological innovations leading to device miniaturization and increased throughput, demand for replicable and accurate solutions to aid diagnostics/clinical research, and the need for efficient testing processes to off-set lack of highly skilled laboratory professionals, are the factors fuelling the growth in bioanalysis.
- Thermo Fisher Scientific's Varioskan LUX multimode microplate reader can simplify the measurement with the automatic dynamic range selection, and its smart safety controls are workflow and help to avoid the experimental errors by its flexible range of measurement technologies including Absorbance, Fluorescence, Intensity, Luminescence, AlphaScreen, and Time-resolved Fluorescence.
- This segment is expected to grow with the highest annual growth rate during the forecast period. This is due to the snowballing investments and R&D activities in biotechnology, physical, engineering, and life sciences for applications in drug discovery, which will propel the need for automated plate readers.

Furthermore, this study will help to solve the following issues:

Cyclical dynamics-Report foresees dynamics of industries by using core analytical and unconventional market research approaches.
Identifying key cannibalizes- Strong substitute of a product or service?is that the?most prominent threat. Report includes key cannibalizes of a market, by procuring?marketing research. This helps in aligning new product development/launch strategies?before.
Spotting emerging trends- Report helps?to identify?upcoming hot market trends. Report also track possible impact and disruptions which a market would witness by?a specific?emerging trend.
Interrelated opportunities-This report will allow making decisions based on data, thereby increasing the chances that the strategies will perform better.

Customization of the Report:

The report could be customized according to the client's specific research requirements. No additional cost will be required to pay for limited additional research.

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