Global Microplate Reader Market Scenario And Industry Forecast 2020-2026|Potential Scope For Growth In The Years|Tecan Trading AG, Bio-Rad Laboratories, Inc., PerkinElmer Inc, Promega Corporation, Awareness Technology

Data Bridge Market Research recently released a research report on the Microplate Reader analysis, which studies the Microplate Reader industry coverage, current market competitive status, and market outlook and forecast by 2026.Global microplate reader market is projected to register a substantial CAGR of 5.4% in the forecast period of 2019 to 2026.

Global Microplate Reader Market By Well System (96 Wells, 384 Wells, 1536 Wells, Others), Product Type (Multi-Mode Microplate Readers, Automated ELISA Systems, Automated Nucleic Acid Purification Systems, Single-Mode Microplate Readers), Application (Protein and Nucleic Acid Detection, Enzyme-Linked Immunosorbent Assay, Others), End User (Biotechnology and Pharmaceutical Companies, Contract Research Organizations, Diagnostic Laboratories, Hospital, Research and Academic Institutes, Others), Distribution Channel (Direct Tenders, Retail Sales), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

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Some of the major players operating in global microplate reader market are Molecular Devices, LLC, BioTek Instruments, Inc., Tecan Trading AG, Bio-Rad Laboratories, Inc., PerkinElmer Inc, Promega Corporation, Awareness Technology, Inc, Biochrom, BMG LABTECH GmbH, BERTHOLD TECHNOLOGIES GmbH & Co. KG, Dynex Technologies, High Technology, Inc, Hercuvan Lab Systems, Hudson Robotics, Lonza, Rayto Life and Analytical Sciences Co.,Ltd. Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Thermo Fisher Scientific Inc. among others.

Key Developments In the Market:

In January 2019, BioTek Instruments, Inc. launched New Epoch 2 Microplate Spectrophotometer which was launched for the performance of absorbance measurements i.e. scanning the wavelength up to 200-999 nm to accommodate nucleic acid, ELISA, Endotoxin, microbial growth etc. The launch was helpful in promoting cost efficiency, high performance, interaction of biomolecular cellular structure across various applications.
In January 2019, Hercuvan Lab Systems introduced new products such as the Nano Series and the Gene Series. The launch was helpful to provide the researchers with various solutions and products in the development of laboratories globally.
In June 2018, Molecular Devices, LLC introduce ABS Plus and SpectraMax ABS Absorbance Microplate Readers that helps in protein quantitation and Microbial health. The launch was successful in maintaining the flexibility of monochromatic based systems and for selecting the wavelength for every assay as to meet the needs of the researchers globally. This will enhance the product portfolio of the company in the market.

Drivers: Global Microplate Reader Market

Increasing Prevalence of Chronic Diseases
Increasing Geriatric Population

Restraint:

High Cost of Microplate Systems

Opportunities:

Technological Advancements of the Products
Strategic Initiatives by the Companies

Challenge:

Lack of skilled labour force

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Segmentation: Global Microplate Reader Market

Global microplate reader market is categorized into five notable segments which are well system, product type, application, end user and distribution channel.

Microplate Reader Market On the basis of well type,
the market is segmented into 96 wells, 384 wells, 1536 wells and others.

Microplate Reader Market On the basis of product type,
the market is segmented into multi-mode microplate readers, automated ELISA systems, automated nucleic acid purification systems and single-mode microplate readers.

Microplate Reader Market On the basis of application,
the market is segmented into protein and nucleic acid detection, enzyme-linked immunosorbent assay (ELISA) and others.

Microplate Reader Market On the basis of end user,
the market is segmented into biotechnology and pharmaceutical companies, contract research organizations, diagnostic laboratories, hospital, research and academic institutes and others.

Microplate Reader Market On the basis of distribution channel,
the market is segmented into direct tenders and retail sales.

Reasons to buy this report:

To get a comprehensive overview of the Microplate Reader market.
To gain information about the top players in this industry, their product portfolios, and their key strategies.
To gain insights about the major regional insights in which the Microplate Reader is flourishing.
Recent industry trends and developments
Potential and niche segments/regions exhibiting promising growth

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