Microplate Systems Market, By Type (Microplate Washer, Microplate Stacker, Microtiter Plate Reader, Microplate Transport System, and Others), By Application (Genomics & Proteomics Research, Drug Discovery, Clinical Diagnostics, and Others), By End-User (Hospitals, Biotechnology Industries, Academic & Research Institutes, Diagnostic Centers and Pharmaceutical Industries) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032

Report Code: PMI495422 | Publish Date: March 2024 | No. of Pages: 170

Microplate Systems Market Overview

Microplate is rectangular matrix with multiple wells placed side by side. Microplate is used as a lab instrument in laboratories. Microplate helps in increasing speed and accuracy of test by saving time and enable the researchers on focusing core tasks. Microplate reader is laboratory instrument used in measuring physical, chemical, and biological reactions. Separate reaction takes place in small wells of microplate. Microplate reader technique confirms presence of antigens, antibodies of an infectious agents in organisms. Microplate are made up of polystyrene. Microplate readers used in detecting & processing chemical, biological data by using absorbance like enzyme activity, nucleic acid and protein quantification and ELISA’s, polarization, luminescence, TRF, fluorescence detection modes including intensity. Microplate system are used in modern drug discovery, clinical diagnostic, genomics and proteomics research, etc. Due to wide applications Microplate system has become standard tool in research and diagnostic centers. Microplate is commonly used in ELISA (enzyme-linked immunosorbent assay). Rising diseases and variety of applications like clinical diagnostics, drug discovery, research and development, has given push in the Microplate systems market growth

Microplate Systems Market Dynamics

Rise in prevalence of chronic disease and rate of urbanization

Rise in prevalence of chronic disease and rate of urbanization is one of the leading factors for the Global Microplate System Market growth. Urbanization has given rise in consumption of western food, processed food, frozen packed foods, which are unhealthy and affected the human health. Urbanization has given rise in disposable income which allows the individual to enhance their lifestyle, consuming high amount of red meat and animal derived food, fats & oils, sugar, sodium, which has affected the health of human being. Urbanization has caused change in diet. Eating processed and unhealthy food affect the health causing chronic disease like heart disease, diabetes, obesity, high blood pressure, etc. Consumption of poor nutrition diet low in fruits and vegetables, high consumption of sodium rich and saturated fats food, smoking, tobacco chewing, lack of exercise has led to rise in chronic disease.  Rise in chronic disease has given rise in diagnostic tests, research and development, drug discovery, genomics and proteomics research, etc. Use of microplate system in healthcare, clinics, diagnostic centers for testing are high in demand which has fuelled the market growth. For instance, in 2022, according to United Nations health agency chronic disease like cardiovascular diseases, diabetes, cancer which are non-communicable diseases has become ‘top killers globally’ with one person under age of 70 dying at every two seconds due to unhealthy lifestyle, smoking, alcohol intake, lack of physical activity. Thus, rise in chronic diseases has enhanced the growth of microplate system market. For instance, according to data published by United Nations in 2018, about 55% of the world’s population resided in urban areas, and it is projected that this percentage will increase over the forecast period. However, the growth in chronic diseases and population in urban areas boosts the demand for microplate system market.

                                                     Recent advancement

Recent advancement in microplate system has become the major factor in target market growth. Advancement in probiotic supplement has been increasing rapidly. New developed microplate platform is used to achieve fast movement of microplate and precise positioning during measurement. For instance, in 2022, (PMC), advanced and improved automated high-throughput efficient microplate reader is used for rapid colorimetric bio-sensing.  The AHTEMR (automated high-throughput efficient microplate reader) platform helps in measuring accurately the spectrum of biochemical compounds which ranges from 300 to 900 nm for glucose solutions and BSA (bovine serum albumin). Measuring speed of AHTEMR is hundred times faster when compared to CMR.  AHTEMR has become the full spectrum measuring platform with great efficacy for biochemical compounds.

Restrains:

However, sensitivity limitations, overall costs, significant loss of light in to & fro from sample due to diffraction gratings which led in decrease of overall sensitivity, requires different filters for each wavelength which result in reduction of flexibility may somewhat restrain the growth of the Microplate Systems market.

Microplate Systems Market Segmentation

Microplate Systems Market is segmented based on type, application, end-user and region.

Type Insight

On the basis of Type Microplate Systems Market is segmented into microplate washer, microplate stacker, microtiter plate reader, microplate transport system and others.

Application Insights

On the basis of Application Microplate Systems Market is segmented into Genomics & Proteomics Research, Drug Discovery, Clinical Diagnostics, and others. Clinical diagnostics has dominated the target market due to rise in improving effectiveness of treatment & avoiding long-term complications for patient who are infected.

End-User Insight

On the basis of End-User Microplate Systems Market is segmented into Hospitals, Biotechnology Industries, Academic & Research Institutes, Diagnostic Centers and Pharmaceutical Industries. Diagnostic centers has dominated the target market due to newly advanced technology, rise in chronic disease and its testing.

Regional Insights:

On region the Microplate Systems Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as Europe and Asia Pacific, and technological advancements. Moreover, rising demand for diagnostic centers, cell-based research, increasing investments in diagnostic research by government, increasing research and development in drug discovery and development is anticipated to increase demand for Microplate Systems in the region.

Report Scope:

Attribute

Details

Base year for estimation

2022

Forecast period

2022 – 2032

Market representation

Revenue in USD Million & CAGR from 2022 to 2032

Market Segmentation

By Type - Microplate Washer, Microplate Stacker, Microtiter Plate Reader, Microplate Transport System, and others

By Application - Genomics & Proteomics Research, Drug Discovery, Clinical Diagnostics, and others

By End-User - Hospitals, Biotechnology Industries, Academic & Research Institutes, Diagnostic Centers and Pharmaceutical Industries

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the Global Microplate Systems Market report based on type, application, end-user and region:

Microplate Systems Market, By Type:

  • Microplate Washer
  • Microplate Stacker
  • Microtiter Plate Reader
  • Microplate Transport System
  • Others

Microplate Systems Market, By Application:

  • Genomics & Proteomics Research
  • Drug Discovery
  • Clinical Diagnostics
  • Others

Microplate Systems Market, By End-User:

  • Hospitals
  • Biotechnology Industries
  • Academic & Research Institutes
  • Diagnostic Centers
  • Pharmaceutical Industries

Microplate Systems Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Microplate Systems Market Key Players

The key players operating the Microplate Systems Market includes,

Thermo Fisher Scientific Inc.,

Thermo Fisher Scientific plate readers has number of features which helps in maximizing productivity by saving time with self-diagnostic, auto-calibration, automation readiness by robotic compatibility.

Agilent Technologies Inc.

It offers multimode microplate readers with upgradability and modularity which enables the laboratories in addressing multiple workflow and data analysis.

Danaher Corporation

It offers products which includes, microplate detection, colony selection, genomic & cellular analysis and high-throughput screening.

Hudson Robotics

It offers lab automation software and robotic arm microplate handlers.

Micro Lab Instruments

It is the manufacturer of Elisa reader, biochemistry analyzer, electrolyte analyzer, etc.

Bio-Rad Laboratories Inc.,

It offers absorbance microplate readers, software, assays for health safety, drug discovery and research & development.

Rayto

It is an Indian based medical diagnostic company which offers IVD devices, microplates, cell culture plates, software, etc.

Mindray

It offers basic ELISA microplate reader to high-throughput detection, absorbance readers.

CTK Biotech Inc.

It is the developer & manufacturer of innovative immunodiagnostics tools, test kits for IVD worldwide.

PerkinElmer

It is the manufacturer of multimode microplate reader which provides high sensitivity for TRF.

Enzo Life Sciences Inc.

It is the pioneer in molecular diagnostics, life science & intellectual property, clinical laboratories, etc.

Dynex technologies

It is the manufacturer and designer of fully automated ELISA microplate workstations and lab instruments. 

LTEK

It is the developer and manufacturer of biomedical instruments.

Recent Development

  • In November 2020, Enzo Biochem has launched portable MIcroplate Reader for use with ELISA & Assay Kits which provides new opportunities in point of care medicine. New Absorbance 96 help in providing accurate results with affordable price. Absorbance 96 offers applications in cell-based assays and ELISA to protein.
  • In October 2021, Hudson Robotics has launched new PlateCrane EX Robotic Arm Microplate Handler for lab automation for handling labware which includes reservoirs, microplates, and disposable tip racks. PlateCrane microplate stacker is used in cell biology, assay development, high-throughput screening, DNA quantification, and other.

Microplate Systems Market Company Profile

  • Enzo Lifesciences Inc.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Thermo Fisher Scientific Inc.
  • Agilent Technologies Inc.
  • Danaher Corporation
  • Hudson Robotics*
  • Micro Lab Instruments
  • Bio-Rad Laboratories Inc.
  • Rayto
  • Mindray
  • CTK Biotech Inc.
  • PerkinElmer
  • Dynex technologies
  • LTEK

“*” marked represents similar segmentation in other categories in the respective section

Microplate Systems Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By Application
      • Market Snippet, By End-User
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restrains
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Microplate Systems Market, By Type
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Microplate Washer
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
    • Microplate Stacker
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
    • Microtiter Plate Reader
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
    • Microplate Transport System
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
  6. Microplate Systems Market, By Application, 2022 – 2032, (US$ Mn)
    • Overview                                      
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Genomics & Proteomics Research
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
    • Drug Discovery
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
    • Clinical Diagnostics
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
  1. Microplate Systems Market, By End-User, 2022 – 2032, (US$ Mn)
    • Overview                                      
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Hospitals
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
    • Biotechnology Industries
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
    • Academic & Research Institutes
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
    • Diagnostic Centers
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
    • Pharmaceutical Industries
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2022 – 2032
  2. Microplate Systems Market, By Region, 2022 – 2032, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Mn), By End-User, 2022 – 2032
      • Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Mn), By End-User, 2022 – 2032
      • Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Mn), By End-User, 2022 – 2032
      • Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Mn), By End-User, 2022 – 2032
      • Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
    • Brazil
      • Rest of Latin America
      • Mexico
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Type, 2022 – 2032
      • Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Mn), By End-User, 2022 – 2032
      • Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
    • GCC
      • Rest of Middle East
      • South Africa
      • Israel
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  2. Company Profiles
  • Thermo Fisher Scientific Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Agilent Technologies Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Danaher Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Hudson Robotics
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Micro Lab Instruments
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Bio-Rad Laboratories Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Rayto
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Mindray
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • CTK Biotech Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • PerkinElmer
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Enzo Life Sciences Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Dynex technologies
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • LTEK
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Microplate Systems Market is segmented into type, application, end-user, and region.

Microplate Systems Market is driven by factors like rise in prevalence of chronic disease, rate of urbanization and recent advancement.

By region, the Microplate Systems market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as Europe and Asia Pacific, and technological advancements.

The key players operating Global Microplate Systems Market includes, Thermo Fisher Scientific Inc., Agilent Technologies Inc., Danaher Corporation, Hudson Robotics, Micro Lab Instruments, Bio-Rad Laboratories Inc., Rayto, Mindray, CTK Biotech Inc., PerkinElmer, Enzo Life Sciences Inc., Dynex technologies, LTEK., and others.