Microplate Handling Instruments Market Analysis and Forecast Study for 2017 - 2027

Microplate handling instruments have a common presence as a microplate automation in diagnostics centers and research institutes. A microplate is generally characterized by the number of wells contains in the plate. The microplate handling instruments facilitate the handling of plates at all stages in the process from sterilization to the analysis of the sample. Microplate handling instrument help to mitigate manual errors by automating the assay process. The lab automation as a microplate handling instruments frees up technicians to work on other operations and save times, increases efficiency and result output. The microplate handling instrument has benefits such as payload, precision, throughput, duty cycle over the conventional manual process.

The microplate handing instruments are generally connected with the operating interface to perform the various tasks at a time without any human intervention. The microplate handling instruments are considered as walk away automation.

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The increasing prevalence of chronic diseases and the demand for advanced microplate handing instruments for the diagnosis and research purpose augments the market growth of the global microplate handling instruments market over a forecast period.

The global microplate handling instruments market is segmented on the basis of product type, application, and end user.

On the basis of product type, the global microplate handling instruments market is segmented into:
Microplate Readers
Microplate Dispensers
Microplate Washers
Microplate Incubators

On the basis of application, the global microplate handling instruments market is segmented into:
Immunology
Cell Based Assay
Serology
Microbiology
Molecular Diagnostics
Others

On the basis of end users, the global microplate handling instruments market is segmented into:
Hospitals Laboratory
Diagnostics Centers
Blood Banks
Research Organizations
Academic Institutes
Others

The global microplate handling instruments market is anticipated to register a significant CAGR over a forecast period. The increasing prevalence of various diseases and requirement of body fluid testing, blood testing, and diagnosis, is the leading factor anticipated to boost the demand for microplate handling instruments to automate the processes and drives the growth of the global microplate handling instruments market over the forecast period. The increasing demand for technically advanced microplate handling instruments due to the benefits such as accuracy, efficiency and less-human interference in the diagnosis process, is also expected to propel the growth of the global blood drawing chairs market over the forecast period. The scientific enhancements and increase in the research and development activities worldwide would also accelerate the demand of microplate handling instruments and anticipated to drive the growth of the market over the long run.

However, the poorly developed medical infrastructure and research facilities in the developing countries may hamper the demand for the microplate handling instruments and restrain the global microplate handling instruments market over the forecast period. The higher prices of the microplate handling instruments may also hinder the growth of the global microplate handling instruments market over the forecast period.

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On the basis of regional presence, the global microplate handling instruments market is segmented into seven key regions: North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, and Middle East & Africa. Currently, North America is contributing the leading shares to the global microplate handling instruments market in terms of value and anticipated to register a significant CAGR over a forecast period. The Europe is also contributing the moderate shares to the market due to the advanced diagnostics facilities and research activities in the region. APAC is the most lucrative market for the microplate handling instruments due to developing medical infrastructure, increasing government funding for research and development activities in the countries such as India, China which is expected to show a robust growth to the global microplate handling instruments market. MEA is at a nascent stage to the global microplate handling instruments market and anticipated to register a decent growth to the market over a forecast period. Overall, the global microplate handling instruments market is expected to show significant growth over a forecast period.

Some of the major market players in microplate handling instruments market globally include Thermo Fisher Scientific Inc., Siemens Healthcare GmbH, Roche Molecular Systems, Inc., Core Life Sciences, Inc., PerkinElmer Inc., BERTHOLD TECHNOLOGIES GmbH & Co. KG, Biochrom, AVIOQ, INC, ANTISEL, Erba Manaheim LLC etc. The microplate handling instruments market is currently witnessing a number of strategic collaboration and partnership activities by manufacturers and end users.

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This release was published on openPR.