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Automated Plate Readers Market Size, Share & Industry | 2031
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Automated Plate Readers Market Size, Share & Industry | 2031

Segments - Automated Plate Readers Market by Product Types (Dedicated Microplate Readers (Single-mode Readers) and Multimode Microplate Readers), Applications (Drug Discovery, Genomics and Proteomics Research, Clinical Diagnostics, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023-2031

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Author : Raksha Sharma
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Fact-checked by : V. Chandola
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Editor : Vishal Golekar

Upcoming | Report ID :HC-3094 | 4.2 Rating | 79 Reviews | 213 Pages | Format : PDF Excel PPT

Report Description


Automated Plate Readers Market Outlook 2031

The global automated plate readers market size was valued at USD XX Million in 2022 and is likely to reach USD XX Million by 2031, expanding at a CAGR of 5% during the forecast period, 2023–2031. The growth of the market is attributed to the flexibility and adaptability of the lab automation system.

Plate readers are also known as microplate readers or microplate photometers. Microplate readers are used for measuring chemical, biological, and physical reactions and properties. Types of microplate readers include absorbance detection, fluorescence detection, luminescence detection, and light scattering detection.

Automated Plate Readers Market Outlook


Absorbance detection is used for plate readers for measuring protein & other activities and examine the sample. Fluorescence detection is used for detecting microplants. It is more expensive than absorbance detection. The main advantage of fluorescence detection is to detect the sample with proper range as per the sample size.

Luminescence detection is operated without a light source and they are used for reading the sample. With the help of a micro plate, light scattering detection is operated by passing the ray of light through the sample.

During the COVID-19 pandemic, the medical supplies were affected due to supply chain disruption. However, increasing demand for personal protective equipment such as masks, gloves, and protective eyeglasses can fuel the growth of the market.

  • Increasing demand for automated cell-based and biochemical in the biotechnology industry is projected to drive the market growth during the forecast period.
  • Rising prevalence of chronic and infectious diseases is expected to boost the market growth in the coming years.
  • Growing research and development initiatives is projected to drive the market growth during the forecast period.
  • High cost of reagents is estimated to restrict the market growth in the coming years.
  • Label-free technologies and sensitivity toward storage conditions can restrain the growth of the market.
  • Rapid growth in technologies such as polymerase chain reaction (PCR) and DNA sequencing can create lucrative opportunities during the forecast period.

Scope of Automated Plate Readers Market Report

The report on the global automated plate readers market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Automated Plate Readers Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Product Types (Dedicated Microplate Readers [Single-mode Readers] and Multimode Microplate Readers) and Applications (Drug Discovery, Genomics and Proteomics Research, Clinical Diagnostics and Others)

Regions

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Thermo Fisher Scientific; Tecan Group Ltd; Eppendorf AG; Bio-Rad; Siemens Healthcare; Bio-Tec; Shimadzu Corp.; PerkinElmer; and Danaher Corporation

Automated Plate Readers Market Segment Insights

Multimode microplate readers segment to hold a significant market share

Based on product types, the market is divided into dedicated microplate readers and multimode microplate readers. The dedicated microplate reader segment includes single-mode readers.

The dedicated microplate readers segment is anticipated to hold a key share of the market in the coming years. However, the multimode microplate readers segment is anticipated to expand at a rapid pace during the forecast period owing to wider range of detection technologies at a fraction of the cost of multiple dedicated instruments.

Automated Plate Readers Market Product Types

Genomics and proteomics research segment is expected to grow at a rapid pace

On the basis of applications, the market is divided into drug discovery, genomics and proteomics research, clinical diagnostics, and others. The clinical diagnostics segment is expected to represent a major share of the market in the coming years. However, the genomics and proteomics research segment is anticipated to expand at a rapid pace during the forecast period owing to better diagnosis of disease, early detection of certain diseases, and gene therapy and control systems for drugs.

Automated Plate Readers Market Application

North America is estimated to account for a major market share

In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period due to high level of merger and acquisition activities and many high-value deals.

Moreover, increasing funding for the development of research and health care infrastructure is estimated to spur the segment growth. However, the market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period due to increasing outsourcing pharmaceutical manufacturing, due to the availability of cheaper resources and labors.

Segments

The global automated plate readers market has been segmented on the basis of

Product Types

  • Dedicated Microplate Readers (Single-mode Readers)
  • Multimode Microplate Readers

Applications

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

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

Competitive Landscape

Key players competing in the automated plate readers market include Thermo Fisher Scientific; Tecan Group Ltd; Eppendorf AG; Bio-Rad; Siemens Healthcare; Bio-Tec; Shimadzu Corp.; PerkinElmer; and Danaher Corporation. Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.

Automated Plate Readers Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automated Plate Readers Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Automated Plate Readers Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Automated Plate Readers Market - Supply Chain
  4.5. Global Automated Plate Readers Market Forecast
     4.5.1. Automated Plate Readers Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Automated Plate Readers Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Automated Plate Readers Market Absolute $ Opportunity
5. Global Automated Plate Readers Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Automated Plate Readers Market Size and Volume Forecast by Applications
     5.3.1. Drug Discovery Genomics and Proteomics Research Clinical Diagnostics Others
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Automated Plate Readers Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Automated Plate Readers Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Automated Plate Readers Demand Share Forecast, 2019-2026
7. North America Automated Plate Readers Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Automated Plate Readers Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Automated Plate Readers Market Size and Volume Forecast by Applications
     7.4.1. Drug Discovery Genomics and Proteomics Research Clinical Diagnostics Others
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Automated Plate Readers Demand Share Forecast, 2019-2026
8. Latin America Automated Plate Readers Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Automated Plate Readers Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Automated Plate Readers Market Size and Volume Forecast by Applications
     8.4.1. Drug Discovery Genomics and Proteomics Research Clinical Diagnostics Others
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Automated Plate Readers Demand Share Forecast, 2019-2026
9. Europe Automated Plate Readers Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Automated Plate Readers Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Automated Plate Readers Market Size and Volume Forecast by Applications
     9.4.1. Drug Discovery Genomics and Proteomics Research Clinical Diagnostics Others
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Automated Plate Readers Demand Share Forecast, 2019-2026
10. Asia Pacific Automated Plate Readers Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Automated Plate Readers Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Automated Plate Readers Market Size and Volume Forecast by Applications
     10.4.1. Drug Discovery Genomics and Proteomics Research Clinical Diagnostics Others
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Automated Plate Readers Demand Share Forecast, 2019-2026
11. Middle East & Africa Automated Plate Readers Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Automated Plate Readers Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Automated Plate Readers Market Size and Volume Forecast by Applications
     11.4.1. Drug Discovery Genomics and Proteomics Research Clinical Diagnostics Others
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Automated Plate Readers Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Automated Plate Readers Market: Market Share Analysis
  12.2. Automated Plate Readers Distributors and Customers
  12.3. Automated Plate Readers Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Thermo Fisher Scientific Tecan Group Ltd Eppendorf AG Bio-Rad Siemens Healthcare Bio-Tec  

Methodology

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