Press release
Microplate Instrumentation And Supplies Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share
Microplate Instrumentation And Supplies
The rising demand for personalized medicine is expected to accelerate the growth of the microplate instrumentation and supplies market. Personalized medicine tailors treatments based on genetic, environmental, and lifestyle factors, and microplate technology enables high-throughput analysis for these individualized treatments. The FDA approved 16 new personalized treatments in 2023, a significant increase from 2022, underscoring the market's growth potential.
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What growth opportunities are expected to drive the microplate instrumentation and supplies market's CAGR through 2034?
The microplate instrumentation and supplies market has experienced steady growth, reaching $7.49 billion in 2025 from $6.96 billion in 2024 at a CAGR of 7.6%. This expansion is attributed to the growth of biotech and pharmaceutical companies, an increasing need for drug discovery and development, rising demand for high-throughput screening tools, increased government investments, and advancements in automation.
The microplate instrumentation and supplies market is expected to reach $9.93 billion in 2029 at a CAGR of 7.3%, driven by increased demand for point-of-care diagnostics, rising investment in R&D, and the growing focus on genetics and personalized medicine. Key trends include AI and machine learning integration, 3D cell cultures and organoid research, IoT-enabled microplates, robotics adoption, and drug discovery innovations.
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What are the emerging trends shaping the future of the microplate instrumentation and supplies market?
Companies in the microplate instrumentation and supplies market are focused on developing advanced products such as EDR technology-based microplate readers to improve assay accuracy and increase throughput. In February 2022, BMG LABTECH, a German company, introduced the VANTAstar microplate reader incorporating EDR technology. This technology expands the dynamic range of measurements over eight concentration decades, eliminating the need for manual adjustments and providing optimal sensitivity for each plate.
Which growth-oriented segments of the microplate instrumentation and supplies market are leading the industry's development?
The microplate instrumentation and supplies market covered in this report is segmented -
1) By Product Type: Microplate Readers, Microplate Washers, Microplate Dispensers, Microplate Accessories, Other Accessories
2) By Sales Channel: Direct Sales, Indirect Sales
3) By End-User Industries: Pharmaceuticals, Food And Beverages, Chemicals And Polymer, Other End-User Industries
Subsegments:
1) By Microplate Readers: Absorbance Readers Or Fluorescence Readers Or Luminescence Readers Or Multimode Readers
2) By Microplate Washers: Manual Microplate Washers Or Automated Microplate Washers
3) By Microplate Dispensers: Manual Microplate Dispensers Or Automated Microplate Dispensers
4) By Microplate Accessories: Sealing Films Or Plate Holders Or Plate Stands
5) By Other Accessories: Microplates (Well Plates) Or Microplate Racks Or Microplate Readers' Calibration Kits
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Which region dominates the microplate instrumentation and supplies market?
North America was the largest region in the microplate instrumentation and supplies market in 2023. The regions covered in the microplate instrumentation and supplies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the microplate instrumentation and supplies market?
Major companies operating in the microplate instrumentation and supplies market are Thermo Fisher Scientific Inc., Danaher Corporation, The Merck Group, Corning Incorporated, Agilent Technologies Inc., Lonza Group AG, Beckman Coulter Inc., PerkinElmer Inc., Bio-Rad Laboratories Inc., Eppendorf AG, Promega Corporation, Hamilton Company, Molecular Devices LLC, Analytik Jena AG, Biochrom Ltd., OriGene Technologies Inc., Berthold Technologies GmbH & Co. KG, BMG LABTECH GmbH, BrandTech Scientific Inc., Hudson Robotics Inc., Labnet International Inc.
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What Is Covered In The Microplate Instrumentation And Supplies Global Market Report?
•Market Size Forecast: Examine the microplate instrumentation and supplies market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the microplate instrumentation and supplies market for a structured understanding.
•Key Players Overview: Analyze major players in the microplate instrumentation and supplies market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the microplate instrumentation and supplies market.
•Segment Contributions: Evaluate how different segments drive overall growth in the microplate instrumentation and supplies market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the microplate instrumentation and supplies market.
•Industry Challenges: Identify potential risks and obstacles affecting the microplate instrumentation and supplies market.
•Competitive Landscape: Review strategic developments in the microplate instrumentation and supplies market, including expansions, agreements, and new product launches.
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