Microplate Systems Market 2021: By Product, Application, End User, Growth Rate, Drivers and Major Players Bio-Rad Laboratories Inc. (US), PerkinElmer (US), Danaher Corporation (US), Thermo Fisher Scientific (US)

Microplate Systems Market report has been structured after a thorough study of various key market segments like market size, latest trends, market threats, and key drivers which drive the market. This market study report has been prepared with the use of an in-depth qualitative analysis of the global market. The report displays a fresh market research study that explores several significant facets related to Microplate Systems Market covering industry environment, segmentation analysis, and competitive landscape. This global market research report is a proven source to gain valuable market insights and take better decisions about important business strategies.

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The global microplate systems market size is projected to reach USD 1,170 million by 2026 from USD 927 million in 2021, at a CAGR of 4.8% from 2021 to 2026. Growth in this market is driven by the increasing R&D expenditure in the pharmaceutical industry, increasing focus on miniaturization, and the growing prevalence of diseases

List of Companies Profiled in the Report

Bio-Rad Laboratories Inc. (US)
PerkinElmer (US)
Danaher Corporation (US)
Thermo Fisher Scientific (US)
Agilent Technologies Inc. (US)
Tecan (Switzerland)
BMG Labtech (Germany)
Promega Corporation (US)
Enzo Life Sciences Inc. (US)
Berthold Technologies (Germany)
Biochrom (UK)
Corning (US)
Lonza (Switzerland)
Brucker Corporation (US),
Dynex Technologies (US),
Bio-One International GmbH (Austria),
Accuris Instruments (US)
CTK Biotech Inc. (US)
LTEK (South Korea)
JASCO (Japan)
Rayto (China)
Micro Lab Instruments (India)
BiohitOyj (Finland)
Mindray (China)
Hudson Robotics (US).

Research Coverage

This report studies the microplate systems market based on product, application, end user, and region. The report also analyzes factors (such as drivers, restraints, opportunities, and challenges) affecting the market growth. It evaluates the opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders. The report also studies micromarkets with respect to their growth trends, prospects, and contributions to the total microplate systems market. The report forecasts the revenue of the market segments with respect to four major regions.

Reasons to Buy the Report:

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on microplate systems products offered by the top 25players in the microplate systems market. The report analyzes the microplate systems market by product, application, end user,and region.
Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various securement devices across key geographic regions.
Market Diversification: Exhaustive information about untapped geographies, recent developments, and investments in the microplate systems market
Competitive Assessment: In-depth assessment of market shares and strategies of the leading players in the microplate systems market

“Microplate readers segment to witness the highest growth during the forecast period.”

Based on the product, the microplate systems market is segmented into microplate readers, microplate systems and dispensers, microplate washers, and microplate accessories & software. The consumables segment is projected to grow at the highest CAGR during the forecast period. The increasing prevalence of diseases, the growing focus on drug discovery, and the rising R&D expenditure by pharmaceutical companies are the major factor supporting the growth of this segment.

“Drug Discovery segment to register the highest growth in the microplate systems market during the forecast period.”

Based onthe application, the microplate systems market is segmented into drug discovery, clinical diagnostics, genomics and proteomics research, and other applications The drug discovery segment is projected to witness the highest growth in the microplate systems market during the forecast period. The need for high-/ultra-high-throughput screening and reduced time-to-market for drugs are the major factors supporting the growth of this segment.

“Asia Pacific is estimated to register the highest CAGR during the forecast period.”

In this report, the microplate systems market is segmented into four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW). The market in Asia Pacific is projected to register the highest growth rate during the forecast period. The growth in this market is primarily driven by the growing focus on research-related funding activities by government organizations is expected to assist with drug discovery and development processes.

Breakdown of supply-side primary interviews, by company type, designation, and region:

By Company Type: Tier 1 (32%), Tier 2(44%), and Tier 3 (24%)
By Designation: C-level (30%), Director-level (34%), and Others (36%)
By Region: North America (40%), Europe (28%), Asia Pacific(20%), and Rest of the World(12%)

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Table Of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.2.1 Inclusions And Exclusions Of The Study
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Years Considered For The Study
1.4 Currency
1.5 Limitations
1.6 Market Stakeholders
1.7 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 1 Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
Figure 2 Primary Sources
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
Figure 3 Breakdown Of Primary Interviews: By Company Type, Designation, And Region
2.2 Market Size Estimation
Figure 4 Cagr Projections: Supply-Side Analysis
Figure 5 Top-Down Approach
2.3 Market Breakdown And Data Triangulation
Figure 6 Data Triangulation Methodology
2.4 Assumptions For The Study
2.5 Risk Assessment/Factor Analysis
Table 1 Risk Assessment
2.6 Covid-19 Health Assessment
2.7 Covid-19 Economic Assessment
2.8 Assessment Of The Impact Of Covid-19 On The Economic Scenario

3 Executive Summary
Figure 3 Microplate Systems Market, By Product, 2021 Vs. 2026 (Usd Million)
Figure 4 Microplate Systems Market, By Application, 2021 Vs. 2026 (Usd Million)
Figure 5 Microplate Systems Market, By End User, 2021 Vs. 2026 (Usd Million)
Figure 6 Microplate Systems Market, By Region, 2021 Vs. 2026 (Usd Million)

4 Premium Insights
4.1 Microplate Systems Market Overview
Figure 7 Increasing R&D Expenditure In The Pharmaceutical Industry To Drive Market Growth During The Forecast Period
4.2 Microplate Systems Market, By Application
Figure 8 Drug Discovery Application Segment Accounted For The Largest Market Share In 2020
4.3 North America: Microplate Systems Market, By Product And Country, 2020
Figure 9 Us Dominated The North American Microplate Systems Market In 2020
4.4 Geographical Snapshot Of The Microplate Systems Market
Figure 10 China To Register The Highest Growth During The Forecast Period

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 11 Microplate Systems Market: Drivers, Restraints, Opportunities, And Challenges
5.2.1 Drivers
5.2.1.1 Increasing R&D Expenditure In The Biopharmaceutical Industry
Table 2 R&D Expenditure Of Major Biopharmaceutical Companies, 2019 Vs. 2020
5.2.1.2 Increasing Focus On Miniaturization
5.2.1.3 Growing Focus On Personalized Medicine
Figure 12 Rising Number Of Personalized Medicines, 2008–2020
5.2.1.4 Growing Prevalence Of Diseases
5.2.2 Restraints
5.2.2.1 High Cost Of Microplate Systems
5.2.3 Opportunities
5.2.3.1 Use Of Microplate Readers For Virus Detection
5.2.3.2 Growth In The Pharmaceutical And Biotechnology Industries
5.2.3.3 Potential For Microplate Systems In Emerging Countries
5.2.4 Challenges
5.2.4.1 Survival Of Small Players And New Entrants
5.2.5 Trends
5.2.5.1 Rental Agreements
5.3 Covid-19 Impact Analysis
5.4 Ranges/Scenarios
5.4.1 Microplate Systems Market
Figure 13 The Following Scenarios Have Been Assessed For The Microplate Systems Market
5.5 Value Chain Analysis
Figure 14 Major Value Is Added During The Manufacturing & Assembly Phases
5.6 Supply Chain Analysis
Figure 15 Distribution—A Strategy Preferred By Prominent Companies
5.7 Porter’s Five Forces Analysis
5.7.1 Threat From New Entrants
5.7.2 Intensity Of Competitive Rivalry
5.7.3 Bargaining Power Of Buyers
5.7.4 Bargaining Power Of Suppliers
5.7.5 Threat From Substitutes
5.8 Technology Analysis
5.9 Regulatory Landscape
Figure 16 510(K) Approval Process
5.10 Patent Analysis
5.11 Trade Analysis
5.11.1 Trade Analysis For Microplate Washers
Table 3 Import Data For Microplate Washers, By Country, 2016–2020 (Usd Million)
Table 4 Export Data For Microplate Washers, By Country, 2016–2020 (Usd Million)
5.12 Pricing Analysis
Table 5 Prices Of Microplate Products
5.13 Ecosystem Analysis
5.13.1 Role In Ecosystem
5.14 Trends/Disruptions Impacting Customers’ Businesses
5.14.1 Revenue Shift & Revenue Pockets For Microplate Systems Manufacturers
5.14.2 Revenue Shift For Microplate Systems

6 Microplate Systems Market, By Product
6.1 Introduction
Table 6 Microplate Systems Market, By Product, 2017–2019 (Usd Million)
Table 7 Microplate Systems Market, By Product, 2020–2026 (Usd Million)
6.2 Microplate Readers
Table 8 Microplate Readers Market, By Type, 2017–2019 (Usd Million)
Table 9 Microplate Readers Market, By Type, 2020–2026 (Usd Million)
6.2.1 Multi-Mode Microplate Readers
Table 10 Multi-Mode Microplate Readers Market, By Type, 2017–2019 (Usd Million)
Table 11 Multi-Mode Microplate Readers Market, By Type, 2020–2026 (Usd Million)
Table 12 Multi-Mode Microplate Readers Market, By Region, 2017–2019 (Usd Million)
Table 13 Multi-Mode Microplate Readers Market, By Region, 2020–2026 (Usd Million)
6.2.1.1 Filter-Based Readers
6.2.1.1.1 Filter-Based Readers Are Less Expensive And More Sensitive Than Monochromator-Based Microplate Readers—A Key Factor Driving Market Growth
Table 14 Filter-Based Readers Market, By Region, 2017–2019 (Usd Million)
Table 15 Filter-Based Readers Market, By Region, 2020–2026 (Usd Million)
6.2.1.2 Monochromator-Based Readers
6.2.1.2.1 Advantages Of Monochromator-Based Readers To Drive Market Growth
Table 16 Monochromator-Based Readers Market, By Region, 2017–2019 (Usd Million)
Table 17 Monochromator-Based Readers Market, By Region, 2020–2026 (Usd Million)
6.2.1.3 Hybrid Readers
6.2.1.3.1 Hybrid Readers Bring High Flexibility, Sensitivity, And Convenience To Laboratories—Key Factors Supporting Market Growth
Table 18 Hybrid Readers Market, By Region, 2017–2019 (Usd Million)
Table 19 Hybrid Readers Market, By Region, 2020–2026 (Usd Million)
6.2.2 Single-Mode Microplate Readers
Table 20 Single-Mode Microplate Readers Market, By Type, 2017–2019 (Usd Million)
Table 21 Single-Mode Microplate Readers Market, By Type, 2020–2026 (Usd Million)
Table 22 Single-Mode Microplate Readers Market, By Region, 2017–2019 (Usd Million)
Table 23 Single-Mode Microplate Readers Market, By Region, 2020–2026 (Usd Million)
6.2.2.1 Fluorescence Plate Readers
6.2.2.1.1 Better Sensitivity And Application Range Of Fluorescence Readers To Drive Market Growth
Table 24 Fluorescence Plate Readers Market, By Region, 2017–2019 (Usd Million)
Table 25 Fluorescence Plate Readers Market, By Region, 2020–2026 (Usd Million)
6.2.2.2 Absorbance Plate Readers
6.2.2.2.1 Absorbance Readers Help Researchers Gather Data On The Biological Or Chemical Features Of The Test Substance—A Key Factor Driving Market Growth
Table 26 Absorbance Plate Readers Market, By Region, 2017–2019 (Usd Million)
Table 27 Absorbance Plate Readers Market, By Region, 2020–2026 (Usd Million)
6.2.2.3 Luminescence Plate Readers
6.2.2.3.1 Highly Efficient Conversion Of Chemical Energy To Light Makes Luminescent Readers A Popular Choice
Table 28 Luminescence Plate Readers Market, By Region, 2017–2019 (Usd Million)
Table 29 Luminescence Plate Readers Market, By Region, 2020–2026 (Usd Million)
6.3 Microplate Systems And Dispensers
6.3.1 Growing Adoption Of High-Throughput Screening To Drive Market Growth
Table 30 Microplate Systems And Dispensers Market, By Region, 2017–2019 (Usd Million)
Table 31 Microplate Systems And Dispensers Market, By Region, 2020–2026 (Usd Million)
6.4 Microplate Washers
6.4.1 Technological Advancements In Microplate Washers Will Support Market Growth In The Coming Years
Table 32 Microplate Washers Market, By Region, 2017–2019 (Usd Million)
Table 33 Microplate Washers Market, By Region, 2020–2026 (Usd Million)
6.5 Microplate Accessories & Software
6.5.1 Microplate Accessories & Software Account For The Smallest Share Of The Microplate Systems Market
Table 34 Microplate Accessories & Software Market, By Region, 2017–2019 (Usd Million)
Table 35 Microplate Accessories & Software Market, By Region, 2020–2026 (Usd Million)

7 Microplate Systems Market, By Application
7.1 Introduction
Table 36 Microplate Systems Market, By Application, 2017–2019 (Usd Million)
Table 37 Microplate Systems Market, By Application, 2020–2026 (Usd Million)
7.2 Drug Discovery
7.2.1 Increasing Demand For New And Advanced Drugs To Boost The Pace Of Drug Discovery And Research And Increase The Adoption Of Microplate Systems
Figure 17 Number Of Clinical Studies Registered, 2011–2021 (Million)
Table 38 Microplate Systems Market For Drug Discovery Applications, By Region, 2017–2019 (Usd Million)
Table 39 Microplate Systems Market For Drug Discovery Applications, By Region, 2020–2026 (Usd Million)
7.3 Clinical Diagnostics
7.3.1 Increasing Incidence Of Infectious And Chronic Diseases To Drive Market Growth
Table 40 Global Incidence Of Infectious Diseases
Table 41 Microplate Systems Market For Clinical Diagnostic Applications, By Region, 2017–2019 (Usd Million)
Table 42 Microplate Systems Market For Clinical Diagnostic Applications, By Region, 2020–2026 (Usd Million)
7.4 Genomics And Proteomics Research
7.4.1 Increasing Genomics And Proteomics Research Activities To Drive Growth In This Application Segment
Table 43 Microplate Systems Market For Genomics And Proteomics Research, By Region, 2017–2019 (Usd Million)
Table 44 Microplate Systems Market For Genomics And Proteomics Research, By Region, 2020–2026 (Usd Million)
7.5 Other Applications
Table 45 Microplate Systems Market For Other Applications, By Region, 2017–2019 (Usd Million)
Table 46 Microplate Systems Market For Other Applications, By Region, 2020–2026 (Usd Million)

8 Microplate Systems Market, By End User
8.1 Introduction
Table 47 Microplate Systems Market, By End User, 2017–2019 (Usd Million)
Table 48 Microplate Systems Market, By End User, 2020–2026 (Usd Million)
8.2 Biotechnology & Pharmaceutical Companies
8.2.1 High Demand For Microplate Systems Among Biotechnology & Pharmaceutical Companies To Drive Market Growth
Figure 18 Global R&D Expenditure (Pharma Company Member), 2001–2019 (Usd Billion)
Table 49 Biotechnology Companies That Received Nih Grants In 2020 (Usd Thousand)
Table 50 Microplate Systems Market For Biotechnology & Pharmaceutical Companies, By Region, 2017–2019 (Usd Million)
Table 51 Microplate Systems Market For Biotechnology & Pharmaceutical Companies, By Region, 2020–2026 (Usd Million)
8.3 Hospitals & Diagnostic Laboratories
8.3.1 Rising Incidence Of Diseases To Drive Growth In This End-User Segment
Table 52 Microplate Systems Market For Hospitals & Diagnostic Laboratories, By Region, 2017–2019 (Usd Million)
Table 53 Microplate Systems Market For Hospitals & Diagnostic Laboratories, By Region, 2020–2026 (Usd Million)
8.4 Academic & Research Institutes
8.4.1 Increasing Life Science-Based Research To Drive The Growth Of This Segment
Table 54 Microplate Systems Market For Academic & Research Institutes, By Region, 2017–2019 (Usd Million)
Table 55 Microplate Systems Market For Academic & Research Institutes, By Region, 2020–2026 (Usd Million)

9 Microplate Systems Market, By Region

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