Molecular Grade Plate Market is Set to Globally Reach US$ 454.7 Million at 4.2% CAGR by 2034

The molecular grade plates market in North America is poised for remarkable growth, with an anticipated annual growth rate of 4.0% projected through 2034. By 2024, laboratory-grade plates are expected to dominate the United States' market, accounting for 86.5% of the industry. Meanwhile, in East Asia, the PCR plates sector is forecasted to experience substantial expansion, with a projected CAGR of 5.9% through 2034. In 2024, China is anticipated to lead the East Asian molecular grade plates market, commanding a 58.7% market share.

The molecular grade plate market (分子グレードプレート市場) is anticipated to grow steadily, with a moderate compound annual growth rate (CAGR) of 4.2% expected through 2034. By the year 2034, the market is forecasted to exceed US$ 454.7 million, marking significant expansion from its estimated worth of US$ 302.5 million in 2024.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=9537

In the dynamic landscape of molecular biology research and diagnostics, the market for molecular grade plates is experiencing a remarkable surge, propelled by significant technological advancements and increasing demand for high-quality laboratory equipment. Molecular grade plates, essential tools for various laboratory applications such as PCR (Polymerase Chain Reaction), sequencing, and drug discovery, play a crucial role in facilitating precise and reproducible experimental results.

Technological innovations have been instrumental in driving the growth of the global molecular grade plate market. Manufacturers are continuously introducing new materials, designs, and manufacturing processes aimed at enhancing the performance, reliability, and versatility of molecular grade plates. From advanced polymer formulations with superior thermal stability to microfabrication techniques enabling the creation of microfluidic structures, these innovations are revolutionizing the field of molecular biology and accelerating scientific discoveries.

One of the key drivers of growth in the molecular grade plate market is the increasing adoption of automation and high-throughput screening technologies in laboratory workflows. Automation not only improves efficiency and throughput but also minimizes human error, ensuring the reproducibility and reliability of experimental results. Molecular grade plates compatible with automated liquid handling systems and robotic platforms are in high demand, driving manufacturers to develop plates with optimized geometries and surface treatments to facilitate seamless integration into automated workflows.

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

Thermo fisher scientific
Merck KGA
Bio-Rad
Takara Bio
QIAGEN
Pall
Eppendorf Corporate
Tarsons
Applied Biological Materials
Greiner
Brooks Life Sciences
Corning Incorporate

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

In response to diverse patient preferences and evolving healthcare needs, manufacturers within the molecular grade plate sector are broadening their product portfolios to incorporate a wider array of electronic clinical outcome assessments. Moreover, significant investments in research and development are being made to deliver enduring, efficient, and appealing digital healthcare solutions.

To expand their reach to a broader consumer base, molecular grade plate producers are reinforcing both their local and international distribution networks. Additionally, they are leveraging partnerships with technology platforms to enhance their online presence, collaborating with medical chains to ensure easy accessibility at physical locations, and joining forces with pharmacy service providers to address the escalating demand for cost-effective and enduring academic research services within the healthcare sector.

In October 2023, Eppendorf unveiled new biobased PCR plates designed to expedite diagnostics, therapeutics, and personalized medicine research. These advancements aim to elevate precision, complexity, and automation within laboratory workflows, enhancing overall efficiency and effectiveness.

Furthermore, in May 2023, Berkeley Lights made significant strides in expanding its capabilities within the molecular grade plate industry. Through the acquisition of IsoPlexis and the launch of PhenomeX, the company amalgamated optofluidic and barcoding technologies for phenomic applications. These strategic moves position Berkeley Lights to provide innovative tools and instruments, further solidifying its position within the industry and facilitating groundbreaking advancements in healthcare research and development.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐌𝐨𝐥𝐞𝐜𝐮𝐥𝐚𝐫 𝐆𝐫𝐚𝐝𝐞 𝐏𝐥𝐚𝐭𝐞 𝐌𝐚𝐫𝐤𝐞𝐭

By Product type :
PCR plates
Deep Well Plates
Sample preparation filter plates

By Application :
PCR
Next Gen Sequencing
Sample storage
By End-User :
Biotechnology Companies
Research & Academic Institutes

By Region :
North America
Europe
East Asia
East Asia
South Asia & Oceania
Middle East & Africa

𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞: https://www.factmr.com/report/molecular-grade-plate-market

The future of the global molecular grade plate market appears promising, driven by ongoing technological advancements and increasing demand from the biotechnology and pharmaceutical industries. As researchers continue to push the boundaries of molecular biology and strive to address pressing global health challenges, molecular grade plates will remain indispensable tools for enabling groundbreaking discoveries and driving innovation in the life sciences.

𝐓𝐨𝐩 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐢𝐧 𝐭𝐡𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲

Polymerase Chain Reaction Market
https://www.factmr.com/report/4861/polymerase-chain-reaction-pcr-market
NGS Sample Preparation Market
https://www.factmr.com/report/ngs-sample-preparation-market
Medical Plastics Market
https://www.factmr.com/report/medical-plastics-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com

𝐀𝐛𝐨𝐮𝐭 𝐅𝐚𝐜𝐭.𝐌𝐑

We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

This release was published on openPR.