Global Microplate Systems
Market Report
2024
The Microplate system market was valued at USD 942.5 million in 2022 and will reach USD 1309.8 million by 2030, registering a CAGR of 4.2 % for the forecast period 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The Microplate system market was valued at USD 942.5 million in 2022 and will reach USD 1309.8 million by 2030, registering a CAGR of 4.2 % for the forecast period 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Microplate Systems Market Sales Revenue 2022 | $ 942.5 Million |
Global Microplate Systems Market Sales Revenue 2030 | $ 1309.8 Million |
Global Microplate Systems Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.2% |
Market Split by Product |
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Market Split by Application |
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Market Split by End-user |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Microplate Systems Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Microplate system consists of microwell and multiwell flat plates with multiple wells and is useful as small test tubes. It is also used as the standard tool for clinical diagnostic testing and analytical research. Microplates can be stored at low temperatures for more periods of time and heated to increase the solvent evaporation from their wells. These plates have six to several small wells that are helpful for holding samples. Some of the microplate instruments are microplate washers and dispensing systems. Microplate instrumentation is used for the determination of enzyme activities. The cost of the microplate is determined by the factors such as the type of plate bottom, molds, and also depends on the manufacturing process. Different kinds of microplate modifications are available that minimize the effect, such as cell attachment or surface adsorption. So, these microplate systems give an overview of the plate types, applications, and surface treatments.
There are various chronic diseases such as diabetes, chronic kidney diseases, and respiratory diseases that are responsible for disabilities and death worldwide for the expansion of the microplate systems market. These diseases are chronic in nature, timely, and accurate in clinical decisions. All the diagnostic procedures are carried out in the laboratory so there is increasing demand for clinical laboratories.
There is an increase in the price of microplate systems due to many factors such as the type of plate bottom, molds, manufacturing process, barcodes, well density, and surface coatings. Raw materials used for the microplates are of high quality, leading to the cost rise. Increasing the plate density also increases the cost of the microplate system.
The COVID-19 pandemic has positively impacted the market growth of the microplate system. It was possible due to the increased development of the microplate systems. There was a demand for the diagnosis procedure which was helpful in detecting COVID-19 antibodies. According to Dia. Pro Diagnostics Bioprobes SRL launched an EIA microplate kit for the detection of antibodies during the pandemic. Furthermore, the microplate system is expected to boost the market by adopting biochemical processes. Increasing advancements in the microplate system have shown significant growth in the market.
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Molecular Devices launched a New Multi-mode microplate reader for biotech laboratories.
Molecular Device was a leading provider of high-performance life sciences solutions and the company of Danaher Corporation has launched SpectraMax a compact and economical solution for researchers.
Porvair Unveils New 96- Well Deep Well Microplate.
Porvair Sciences with JG Finneran and Porvair Kbiosystems were the manufacturers of consumables and instruments for life sciences and analytical workflows. From microplate technology, assay kits, and glass vials to automated laboratory equipment, the partners provided customers with high-quality products for increased productivity.
Top Companies Market Share in Microplate Systems Industry: (In no particular order of Rank)
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On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Dthe Middle East, and Africa. North America holds the largest market share. Due to cell-based research, increasing diagnostic research, and growing government investment there is demand for the microplate system. Some of the factors such as the increasing geriatric population, increasing R & D investment, rising chronic diseases, and approval for FDA products lead to the dominance of the North American region.
The current report Scope analyzes Microplate Systems Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Microplate Systems Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Microplate Systems Industry growth. Microplate Systems market has been segmented with the help of its Product, Application End-user, and others. Microplate Systems market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The microplate reader segment is expected to hold the largest market share during the forecast period.
On the basis of product, it is further divided into microplate readers, microplate pipetting systems and dispensers, microplate washers, and microplate accessories & software. The microplate reader segment is expected to hold the largest market share due to increasing diseases, increasing R and D expenditure, and growing focus on drug discovery. A microplate reader is an equipment that is used for measuring physical or chemical reactions, analytes, and characteristics of the microplate. The microplate reader has the capability of transforming the analytes or biological processes into optical signals. It is also used to detect and quantify the parameter of interest.
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The drug discovery segment is expected to hold the largest market share during the forecast period.
On the basis of application, it is further divided into drug discovery, clinical diagnostics, genomics and proteomics research, and other applications. Drug discovery holds the largest market due to high screening techniques and reduced time to market for drugs. Drug discovery is a process of identifying innovative medicinal entities by combining experimental, computational, and clinical models. In drug discovery research, there is the process of high-content screening microplates that extracts important information from cells and chemicals.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Microplate Systems market report 2024 Edition by contacting our team.
The biotechnology and pharmaceutical companies are estimated to gain the largest share of the microplates system market during the forecast period.
This segment is further divided into Hospitals and Diagnostic Laboratories, Biotechnology and Pharmaceutical Companies, and Research Laboratories and Institutes. Biotechnology and Pharmaceutical Companies account for the largest market share in the microplate system market. Due to automated cell-based and biological assays, there is an increase in chronic conditions. Increasing demand for biological research results in the increasing application of microplates across Research Laboratories and Institutes.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses
I played a pivotal role in conducting market research and competitive analysis. I have a demonstrated ability to synthesize diverse data sources, identify trends, and translate findings into actionable recommendations. My collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization. I am committed to maintaining excellence through continuous learning and staying ahead of industry trends. Regular participation in conferences and professional development opportunities keeps my skills sharp and relevant.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Microplate Systems Market is witnessing significant growth in the near future.
In 2023, the Microplate Readers segment accounted for noticeable share of global Microplate Systems Market and is projected to experience significant growth in the near future.
The Drug Discovery segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Corning , BERTHOLD and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Product | Microplate Readers, Microplate Pipetting Systems, Microplate Washers, Microplate Software |
Application | Drug Discovery, Clinical Diagnostics, Genomics and Proteomics Research, Other Applications |
End-user | Biotechnology & Pharmaceutical Companies, Hospitals & Diagnostic Laboratories, Academic & Research Institutes |
List of Competitors | Corning, RAYTO, BERTHOLD, Tecan, Promega, Bio-Rad, Thermo Fisher Scientific, Lonza, Agilent Technologies, Mindray, Beckman Coulter, Biochrom, Dynex Technologies, Enzo Life Sciences, PerkinElmer |
This chapter will help you gain GLOBAL Market Analysis of Microplate Systems. Further deep in this chapter, you will be able to review Global Microplate Systems Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Microplate Systems Market Trends North America Microplate Systems Technological Road Map North America Microplate Systems Market Drivers North America Microplate Systems Market Restraints North America Microplate Systems Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Analysis 2019 -2031, will provide market size split by Product. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by End-user Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Microplate Systems market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Microplate Readers have a significant impact on Microplate Systems market? |
What are the key factors affecting the Microplate Readers and Microplate Pipetting Systems of Microplate Systems Market? |
What is the CAGR/Growth Rate of Drug Discovery during the forecast period? |
By type, which segment accounted for largest share of the global Microplate Systems Market? |
Which region is expected to dominate the global Microplate Systems Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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