Global Microplate Systems Market Analysis–Trends, Insights & Forecasts (2021-2027)

  • Publish Date
    July 22, 2021
  • No of Pages
    400
  • SKU Code
    GIR 8016
  • Format

Microplate Systems Market- Overview

The report will cover the overall analysis and insights in relation to the size and growth rate of the “Microplate Systems Market” by various segments at a global and regional level for the 2014-2027 period, with 2014-2019 as historical data, 2020 as a base year, 2021 as an estimated year and 2021-2027 as forecast period.

Microplate Systems Market Introduction

  • This Microplate Systems Market is experiencing significant growth due to rising funding for laboratories, increasing R&D expenditure in the pharmaceutical industry, increased laboratory testing across the globe, and the growing prevalence of diseases.
  • The microplates are also witnessing evolution for the past 60 years. Researchers are continuously working on advancing the technology used in microplates which have given better products to the market.
  • Furthermore, due to the rising innovation in the microplate systems, there has been a great impact on the market studied and tests such as ELISA are being carried out with the help of microplate systems. Hence, the market is positively influenced by advancements in technology. Hence, due to the advancements in microplates and rising need for the same in laboratories, it is believed that the market studied will grow in the forecast period.

Microplate Systems

Microplate Systems Market Report Scope

  • The scope of the report covers the clear understanding and overview of the product.
  • Analysis of market trends in the region, with market data considering 2020 as the base year, 2021 as the estimate year and forecast for 2027 with projection of CAGR from 2021 to 2027.
  • The report covers discussion of economic trends and technology.
  • Market estimates represent revenue.
  • In-depth analysis of the market segmentation assists in determining the prevailing market scope.

Segments Covered in Microplate Systems Market

The microplate systems market is segmented on the basis of product, end user and application. Based on product the market is segmented as microplate readers, microplate pipetting systems and dispensers, microplate washers and other products. Further on the basis of microplate readers the market is categorized as multi-mode microplate readers and single-mode microplate readers. Multi-mode microplate readers is categorized as filter-based readers, monochromator-based readers and hybrid readers. Single-mode microplate readers is categorized as fluorescence plate readers, absorbance plate readers and luminescence plate readers.

On the basis of application the market is categorized as drug discovery, clinical diagnostic and genomics and proteomics research. On the basis of end user the market is categorized as biotechnology and pharmaceutical companies, hospital and diagnostic laboratories and research and academic institutes.

Attribute Details
Market size available for years 2014–2027
Base year considered 2020
Forecast period 2021–2027
Historical period 2014-2019
Forecast units Value (USD) & Volume (Million Units)
Forecast units Value (USD) & Volume (Million Units)
Segmentation By Regions
North America, Europe, Asia Pacific, Latin America and Middle East & Africa
By Countries
United States, Russia, China, Germany, United Kingdom, France, Japan, Israel, Saudi Arabia, South Korea, United Arab Emirates, Canada, Indonesia, Malaysia, Switzerland, Australia, India, Italy, Sweden, Spain, Belgium, Netherlands, Norway, Brazil, Argentina, Mexico, South Africa and 54 Others.
By Product Type
Readers, Pipetting Systems & Dispensers, Washers, Accessories & Software and Other.
By Application
Drug Discovery, Clinical Diagnostics, Genomics and Proteomics Research and Others.
By End-User
Biotechnology & Pharmaceutical, Hospitals & Diagnostic Laboratories, Research Institutes & Academic Institutes.
Companies covered Agilent Technologies, Inc.; Accuris Instruments; Berthold Technologies GmbH & Co. KG; Bio-Rad Laboratories, Inc.; Biochrom Ltd.; BioTek Instruments Inc.; Bio-One International GmbH.;  BMG LABTECH GmbH; Brucker Corp.; Corning Incorporated; CTK Biotech Inc.;  Danaher Corporation; Dynex Technologies;  Enzo Life Sciences Inc.; Hudson Robotics; JASCO;  Molecular Devices, LLC; Lonza Group AG; LTEK; PerkinElmer, Inc.; Promega Corporation; Rayto Life and Analytical Sciences Co., Ltd.; Shenzhen Mindray Bio-Medical Electronics Co., Ltd.; Tecan Group Ltd.; Thermo Fisher Scientific, Inc. and Others.

COVID-19 Impact on the Microplate Systems Market

To take care of infected population, the demand for medical supplies is increasing. Respiratory support devices such as atomizer, life-support machine, oxygen generator, and monitor are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. With rise in number of COVID-19 cases worldwide, the need for medical supplies keeps on rising among, both from healthcare professionals and civil population for precautionary measures. Manufacturers of these products have a chance to capitalize this increased demand of medical supplies to ensure adequate and continuous supply of personal protective equipment in the market. Considering these factors, COVID -19 is expected to have significant impact on Microplate Systems Market.

Recent Developments in Microplate Systems Market

  • 2020, Agilent Technologies Inc. launched the BenchCel Microplate Handler
  • 2019, Agilent Technologies Inc. acquired BioTek Instruments to strengthen its product portfolio
  • January 2019, Beckman Coulter, a global leader in the clinical diagnostics industry, announced the launch of its next-generation fully automated microplate system for donor blood testing, the PK7400. Designed for use in blood donor centers, plasma centers and large reference laboratories, the new system offers the industry’s highest throughput, processing the greatest volume of samples for a single analyzer in its class – up to 300 samples per hour.
  • 2018, Labcyte Inc. launched the Echo 650 and 655 Liquid Handlers, which employ the unique capabilities of acoustic droplet ejection (ADE) technology with 2.5 nanoliter transfers. The 650 and 655 microplate-based systems include features to improve usability that were first made available in the recently launched 650T and 655T tube and microplate-enabled products.

Key Market Players in Microplate Systems Market

  • The major players in the Microplate Systems Market are Bio-Rad Laboratories Inc.; PerkinElmer; Danaher Corp.; Thermo Fisher Scientific; Agilent Technologies Inc.; Tecan; BMG Labtech; Promega Corp.; Enzo Life Sciences Inc.; Berthold Technologies; Biochrom; Corning; Lonza; Brucker Corp.; Dynex Technologies; Bio-One International GmbH.; Accuris Instruments; CTK Biotech Inc.; LTEK; JASCO; Rayto; Micro Lab Instruments; Biohit Oyj; Mindray; Hudson Robotics and Others.
  • Also, the Microplate Systems Market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

Objectives of the Microplate Systems Market

  • To provide detailed information regarding drivers, restraints, opportunities and challenges are influencing the growth in the Microplate Systems Market.
  • To analyze the competitive intelligence of players based on company profiles and their key growth strategies.
  • To strategically analyze micro markets with respect to the individual growth trends, their prospects, and their contribution to the total Microplate Systems Market
  • To analyze competitive developments such as expansions, and product launches, along with research & development (R&D) activities undertaken in the Microplate Systems Market.
  • A unique model is created customized for each study also offers suggestions that help enterprises to identify and mitigate risks.

Note

  • Global Industry Reports will also support you post-purchase for a period of 6 months to answer any of your queries related to the following market and to provide you any more data if you need, for your analysis.
  • Also, you can buy some selected Chapters from the report.

INTRODUCTION

Objectives of the study

Market definition

Market scope

Stakeholders

Limitations

Summary of changes

RESEARCH METHODOLOGY

Research data

Secondary data

Primary data

Market size estimation

Market breakdown & data triangulation

Market share analysis

Risk assessment/limitations

Assessment of the impact of covid-19 on the economic scenario

EXECUTIVE SUMMARY

MICROPLATE SYSTEMS MARKET OUTLOOK / MARKET OVERVIEW

Introduction

Market dynamics

Market drivers

  • Increasing R&D expenditure in the biopharmaceutical industry
  • Increasing focus on miniaturization
  • Growing focus on personalized medicine
  • Growing prevalence of diseases

Restraints

  • High cost of microplate systems

Opportunities

  • Use of microplate readers for virus detection
  • Growth in the pharmaceutical and biotechnology industries
  • Potential for microplate systems in emerging countries

Challenges

  • Survival of small players and new entrants

Trends

  • Rental agreements

COVID-19 impact analysis

Ranges/scenarios

Value chain analysis

Supply chain analysis

Technology analysis

Regulatory landscape

Patent analysis

Trade analysis

  • Trade analysis for microplate washers

Trends/disruptions impacting customers’ businesses

  • Revenue shift & revenue pockets for microplate systems manufacturers

MICROPLATE SYSTEMS MARKET, BY PRODUCT

  • Microplate Readers
  • Multi-mode Microplate Readers
  • Filter-based Readers
  • Monochromator-based Readers
  • Hybrid Readers
  • Single-Mode Microplate Readers
  • Fluorescence Plate Readers
  • Absorbance Plate Readers
  • Luminescence Plate Readers
  • Microplate Pipetting Systems and Dispensers
  • Microplate Washers
  • Microplate Accessories & Software

MICROPLATE SYSTEMS MARKET, BY APPLICATION

  • Drug Discovery
  • Clinical Diagnostics
  • Genomics and Proteomics Research
  • Other Applications

MICROPLATE SYSTEMS MARKET, BY END USER

  • Biotechnology & Pharmaceutical Companies
  • Hospitals & Diagnostic Laboratories
  • Academic & Research Institutes

MICROPLATE SYSTEMS MARKET, BY GEOGRAPHY

Overview

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

France

Rest of Europe

Asia Pacific

China

Japan

India

Rest of Asia Pacific

Rest of the World

Latin America

Middle East & Africa

MICROPLATE SYSTEMS MARKET COMPETITIVE LANDSCAPE

Introduction

Footprint analysis of the top players in the microplate systems market

Product & service portfolio matrix

Market share analysis

Company evaluation quadrant

Company evaluation quadrant for start-ups/smes

Competitive scenario

COMPANY PROFILES

(Business overview, Products & services offered, Recent Developments, Competitive analysis, SWOT Analysis,)

  1. Bio-Rad Laboratories Inc.
  2. PerkinElmer
  3. Danaher Corp.
  4. Thermo Fisher Scientific
  5. Agilent Technologies Inc.
  6. Tecan
  7. BMG Labtech
  8. Promega Corp.
  9. Enzo Life Sciences Inc.
  10. Berthold Technologies
  11. Biochrom
  12. Corning
  13. Lonza
  14. Brucker Corp.
  15. Dynex Technologies
  16. Bio-One International GmbH.
  17. Accuris Instruments
  18. CTK Biotech Inc.
  19. LTEK
  20. JASCO
  21. Rayto
  22. Micro Lab Instruments
  23. Biohit Oyj
  24. Mindray
  25. Hudson Robotics
  26. Others 150+

APPENDIX

Discussion guide

Available customizations

Related reports

 

Methodology

Research Methodology is the process used to collect information and data for the purpose of making business decisions. The success of a research project is entirely dependent on the research methodology adopted by the company. Research Methodology and Scope We have implemented a mix of primary and secondary research for our market estimate and forecast. Secondary research formed the initial phase of our study, where we conducted extensive data mining, referring to verified data sources such as independent studies, company annual reports, white papers, case studies, government and regulatory published articles, technical journals, magazines, and paid data sources. It was also used to obtain important information about the key players and market classification & segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives. A database of the key industry leaders was also prepared using secondary research.

In the primary research process, various primary sources from both supply and demand sides have been interviewed to obtain qualitative and quantitative information important for respective regions. The primary sources from the supply side included industry experts such as CEOs, VPs, marketing directors, technology and innovation directors, and related executives from key companies and organizations operating in the respective regions. The primary data has been collected through questionnaires, e-mails, and telephonic interviews, end-user surveys, consumer surveys, technology distributors and wholesaler’s surveys.

  • Quantitative methods (e.g. surveys) are best for measuring, ranking, categorizing, identifying patterns and making generalizations
  • Qualitative methods (e.g. interviews) are best for describing, interpreting, contextualizing, and gaining in-depth insight into specific concepts or phenomena
  • Mixed methods allow for a combination of numerical measurement and in-depth exploration.

Market drivers and restraints, along with their current and expected impacts, technological scenario and expected developments, end-use industry trends and dynamics  and consumer behavior trends  these forecasting parameters were considered.

Ethical approach, attention to detail, consistency, latest trend in the market and highly authentic source these are benefits of company’s research methodology.

Global Industry Reports

Market size estimation methodology top-down and bottom-up approaches

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the virtual reality market. These methods have also been extensively used to estimate the sizes of various market subsegments. Estimating the size of the market in each region by adding the sizes of country-wise markets and tracking the ongoing and upcoming implementation of virtual reality projects by various companies in each region and forecasting the size of the virtual reality market based on these developments and other critical parameters, including COVID-19 related impacts

Data Triangulation

After arriving at the overall market size—using the market size estimation processes explained above—the market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. It provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, company profiles, key player strategies competitive developments and key developments) influencing the virtual reality market growth.

Statistical Model

Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis.

Frequently Asked Questions?

The major players in the Microplate Systems Market are Bio-Rad Laboratories Inc.; PerkinElmer; Danaher Corp.; Thermo Fisher Scientific; Agilent Technologies Inc.; Tecan; BMG Labtech; Promega Corp.; Enzo Life Sciences Inc.; Berthold Technologies; Biochrom; Corning; Lonza; Brucker Corp.; Dynex Technologies; Bio-One International GmbH.; Accuris Instruments; CTK Biotech Inc.; LTEK; JASCO; Rayto; Micro Lab Instruments; Biohit Oyj; Mindray; Hudson Robotics and Others.

The drug discovery segment is projected to grow at the highest CAGR during the forecast period.

The biotechnology and pharmaceutical companies are expected to register the highest growth during the forecast period.

The Microplate Systems Market is growing at a CAGR of 4.4 % over the forecast period

Asia Pacific is growing at the highest CAGR over the forecast period.