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Microplate Readers Market

Microplate readers, also called as microplate photometers are laboratory instruments used for the detection of chemical or physical events of samples in microtiter plates.
Microplate Readers Market - Size, Outlook, and
Opportunity Analysis, 2018-2026
Microplate readers, also called as microplate photometers are laboratory instruments used for
the detection of chemical or physical events of samples in microtiter plates. These plates are
used for various research experiments in bioassay validation, drug discovery, manufacturing
processes in biotechnological and pharmaceutical industries, quality control, and academic
organizations. The microplate readers are able to detect physical, chemical or biological
reactions by measuring emitted light. These readers help to minimize operational time, save
cost, and facilitates researchers with easy data analysis through generation of actionable results.
Common detection modes for microplate assays include fluorescence, absorbance, luminescence,
fluorescence polarization, time resolved fluorescence, and others. The sample reactions can be
assayed from 6 wells to 1536 well type microtiter plates. Multimode plate readers can perform
a wide range of applications that include protein and cell growth assays, ELISA, reporter assays,
molecular interactions, enzyme activity, ATP quantification, immunoassays, and others. Higher
density micro plates are used mostly for advanced screening applications with a typical assay
volume residing between 5-50 µl per well.
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Market Dynamics
Increasing incidence of infectious diseases is propelling demand for development of fast and
efficient therapeutics, vaccines, and other medications, which is propelling demand for
microplate readers. Infectious diseases such as influenza and other vector borne diseases that
requires high throughput screening for drug development are expected to drive growth of the
global microplate readers market size. According to World Health Organization (WHO), 2017,
the incidence of dengue increased significantly, indicating around 390 million dengue infections
per year all around the world. According to the International Journal of Nanomedicine, 2015,
an estimated 212 malaria cases were registered globally with 429,000 deaths. Moreover,
increasing investments in research and development to upgrade the laboratories with advanced
technologies that will help in accelerating the drug development procedure is also expected to
fuel the growth of global microplate readers market. For instance, in September 2016, Biocon’s
contract research arm, Syngene International established a multi-disciplinary development center
and drug discovery research laboratory for Amgen in Bengaluru, named Amgen Research and
Development Center (SARC). High penetration of alternate methods to carry out detection of
biological procedures is expected to hinder the market growth.
Report includes chapters which deeply display the following deliverable about industry :
• Microplate Readers Market Research Objective and Assumption
• Microplate Readers Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Microplate Readers Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Microplate Readers Market, By Regions
• Microplate Readers Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Microplate Readers Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Microplate Readers Market Manufacturing Cost Analysis including Key Raw Materials and Key
Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Microplate Readers Market Forecast including Production, Consumption, Import and Export
Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Regional Insights
On the basis of region, the global microplate readers market is segmented into North America,
Latin America, Europe, Asia Pacific, Middle East, and Africa. North America holds a dominant
position in the global microplate readers market and is expected to retain its dominance over
the forecast period. This dominance attributes to the rising incidence of epidemic diseases as
well as early diagnosis and treatment of diseases. For instance, according to the Centers of
Disease Control and Prevention (CDC), 2017, the vector borne disease cases in the U.S. has
tripled from 2004 to 2016. Moreover, the paradigm shift of scientific bio-labs towards
automated tools for conducting various assays is fueling growth of the global microplate readers
market in North America region. For instance, in 2012, Hudson Robotics, Inc. introduced SOLO
Automated ELISA Workstation, with liquid handlers and microplate readers as a simple, lowcost yet efficient ELISA preparation workstation that supports serial dilutions to study
concentration-dependent effects.
Furthermore, Asia Pacific is expected to witness a significant growth in the market, owing to
developments in healthcare infrastructure, increasing investment in research and development by
various regional pharmaceutical and biotechnology companies. For instance, in October 2016,
Sun Pharma, an India-based pharmaceutical company announced plans to increase its research
development by investing in a new R&D unit at Madhya Pradesh, India.
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Competitive Landscape
Key players operating in the global microplate readers market include Thermo Fisher Scientific,
Inc., PerkinElmer, Inc., MDS Analytical Technologies, Corning, Grenier Bio-One, Tecan, BioTek
Instruments, Inc., BMG LABTECH GmbH Instruments, Inc., and others. Market players are
focused towards providing technologically advanced products to sustain their presence in the
market. For instance, in August 2017, BioTek Instruments, Inc. introduced next generation 800
TS microplate reader and 50s washer that has a color touchscreen interface with easily
programmed onboard software to expand application base of microplate readers to kinetic assays
such as biomagnetic separation and others.
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