Microplate Reader Market by Product (Multi-mode Readers, Single-mode Readers), Application (Clinical Diagnostics, Genomics & Proteomics Research), End User (Academic & Research Institutions, Pharmaceutical & Biotechnology Companies & CROs), and by Region - Global Forecast to 2022-2033

The microplate reader market size is estimated to be USD 487.9 million in 2022 and is expected to witness a CAGR of 7.87% during the forecast period 2023-2033. Expanding range of applications in drug development and rising genomics and proteomics are factors contributing to the market growth. Furthermore, integration of relevant analytical technologies with microplate systems and rising adoption of the instruments are other factors supporting the market growth. However, high price of advanced microplate reader is expected to hinder the growth.

Integration of relevant analytical technologies with microplate systems is expected to fuel the market growth during the forecast period. For instance, Biotek Instruments, Inc. (Agilent Technologies, Inc.) introduced its new Cytation 7 Cell Imaging Multi-Mode Reader in January 2020. This device combines microscopy with multi-mode detection capabilities. Such advancements can make microplate readers flexible and accelerate market expansion in the near future.

Rising adoption of the instruments is predicted to fuel the market growth during the projected period. Microplate readers also have a long lifespan and require little maintenance. Although lamps are the most fragile part of microplate readers, more advanced solutions including deuterium, halogens, Xenon flash lamps, and LEDs have been launched recently. As a result of these advancements, microplate readers last longer, which is projected to boost the use of these instruments.

Segmentation

By Product

The market is categorized into multi-mode readers and single-mode readers. In 2022, the single-mode readers segment accounted for the highest revenue share due to their extensive market penetration and well-established presence in a variety of academic and industrial research and development settings. Additionally, these devices cost less than multi-mode readers, and companies including Tecan Group Ltd. and Biotek Instruments, Inc. (Agilent Technologies, Inc.) provide modular single-mode reader designs that can be modified as needed. Single-mode readers are also available from a variety of vendors and are fairly easy to use. As a result, the industry is expected to be driven by the availability of a wide range of choices. The market for multi-mode readers is anticipated to grow at the highest CAGR during the projected period as manufacturers emphasize providing multi-modal instruments that are flexible and convenient than a number of specialized instruments. Additionally, multi-mode readers provide numerous adjustable modes for amplified luminescent proximity homogenous tests, fluorescence polarization, absorbance, and luminescence analysis in addition to fluorescence, absorbance, and luminescence analysis.

By Application

The market is categorized into clinical diagnostics, genomics & proteomics research, drug discovery, and others. In the global market, the drug discovery segment accounted for the largest revenue share in 2022 owing to numerous ways that microplate reading devices is used in drug discovery procedures. For instance, when conducting cell-based assays, these instruments are employed for the automated detection and analysis of a number of labelled and label-free components. Similar to this, microplate readers have high throughput capabilities by reading multiple wells at once, and the throughput can be further boosted with the use of robotic microplate stackers that are automatically controlled. These technological advancements make it easier to use advanced readers, which is encouraging the usage of these devices in drug discovery applications. The genomics and proteomics research segment is anticipated to grow at a sizable CAGR due to the availability of various signal reading techniques for specialised applications in genomics and proteomics. Protein quantification procedures including Bradford, Lowry, or fluorescent assays, for instance, are required for proteomics methodologies and are easy to carry out using microplate-based AlphaScreen, fluorescence polarization, or time-resolved fluorescence energy transfer methods.

By End User

The market is segmented into academic & research institutions, pharmaceutical & biotechnology companies & CROs, others. In 2022, the pharmaceutical & biotechnology companies & CROs segment accounted for the largest revenue share owing to strong commercial success of biopharmaceuticals and the rapid development in demand for CRO services. Drug screening activities for the development of innovative treatments have been accelerated by a considerable rise in investments in the pharmaceutical sector. The demand for these instruments is anticipated to increase during the projected period as microplate readers are a crucial component of target identification and validation workflows and drug screening workflows. The academic and research institutions market is anticipated to expand rapidly. The deployment of such equipment in academic and research institutions has been accelerated by the widespread availability of benchtop readers and technological breakthroughs in detection sensitivity and accuracy. The increased financing prospects for life sciences research and the growing involvement of academic institutions in the development of innovative biologics are also expected to boost the technique’s uptake in the upcoming years.

Regional Markets

In 2022, North America region accounted for the highest revenue in the microplate reader market and is expected to maintain its dominance during the forecast period. This is attributed to the region’s established biopharmaceutical and CRO industries, significant R&D spending. The market in the area is also anticipated to be driven by the local presence of major companies including Agilent Technologies, Inc., Danaher Corporation, and PerkinElmer, Inc. The COVID-19 pandemic and the region’s strong demand for ELISA-based tests have also contributed to increasing infectious disease testing and positive market growth in North America. The Asia Pacific region is expected to grow at the fastest CAGR due to the region’s expanding contract service market and expanding life sciences industry. Emerging economies including China and India, which are experiencing rapid economic growth and significant investments in R&D are extending the growth potential for biotechnology research, which is expected to accelerate market expansion.

Competitor Insights

Some of the key players operating in the microplate reader market are Danaher Corporation, PerkinElmer, Inc., Promega Corporation, BMG Labtech, Bio-Rad Laboratories, Lonza, Enzo Life Sciences, Thermo Fisher Scientific, Inc., Agilent Technologies, Inc., and Berthold Technologies GmbH & Co. KG.

To achieve a competitive edge, these companies are implementing a variety of growth strategies. Strategic partnerships, alliances, and agreements with different businesses and research institutions are seen to be the main strategies used by companies in this sector.

  • For instance, in April 2022, Danaher Corporation launched the new SpectraMax Mini Multi-Mode scanner, which features a benchtop design appropriate for academic laboratories.

This comprehensive research report focuses on the global and regional market size and forecasts of diverse segments including product, application, and end user from 2023 to 2033.

Report Scope:

Key Parameters Details
Market size in 2022
  • USD 3,207.1 Million
CAGR
  • 9.67%
Base Year
  • 2022
Forecast Period
  • 2023-2033
Study Coverage
  • Global and regional market size and revenue forecast
  • Segment market size and revenue forecast at global, regional, and country level
  • Competitive landscape (company share analysis, company profiles, recent development, competitive map analysis)
  • Conclusion and recommendations
Qualitative Analysis
  • Market drivers
  • Market restraints
  • Market opportunities
  • Recent market trends
  • Market challenges
  • Porter’s Five Forces analysis
  • PEST analysis
  • COVID-19 impact analysis
Segment Market Scope
  • Product
  • Application
  • End user
Regional Market Scope
  • North America
    (U.S. and Canada)
  • Europe
    (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
  • Asia Pacific
    (China, Japan, India, Australia, South Korea, Rest of APAC)
  • Latin America
    (Brazil, Mexico, Argentina, Rest of LATAM)
  • MEA
    (South Africa, GCC, Rest of MEA)
Company Profiles
  • Exhaustive profiles of top 10 players
  • Other major players listing
15% Free Customization Available
  • You can customize the study scope to meet your exact requirement. Click here for more details

Segmentation: Microplate Reader Market Report 2022 – 2033

Product (Revenue, USD Million), 2022 – 2033

  • Multi-mode Readers
    • Hybrid Microplate Readers
    • Filter-based Microplate Readers
    • Monochromator-based Microplate Readers
  • Single-mode Readers
    • Luminescence Microplate Readers
    • Absorbance Microplate Readers
    • Fluorescence Microplate Readers
    • Others

Application (Revenue, USD Million), 2022 – 2033

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

End user (Revenue, USD Million), 2022 – 2033

  • Academic & Research Institutions
  • Pharmaceutical & Biotechnology Companies & CROs
  • Others

By Region (Revenue, USD Million), 2022 – 2033

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of LATAM
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Rest of MEA

Table of Contents: Microplate Reader Market 2022-2033

  1. Research Methodology
    1. Study Objectives
    2. Study Scope
    3. Research Framework
      1. Research Models
        1. Bottom-up Approach
        2. Top-down Approach
        3. Data Triangulation
      2. Data Analysis
        1. Data Validation
        2. Market Size Estimation
        3. Market Forecast Model
  1. Introduction: Microplate Reader
  2. Executive Summary
  3. Market Dynamics
    1. Market Drivers
      1. Driver 1
      2. Driver 2
      3. Driver 3
      4. Driver 4
    2. Market Restraint
      1. Restraint 1
      2. Restraint 2
      3. Restraint 3
    3. Market Opportunities
      1. Opportunity 1
      2. Opportunity 2
      3. Opportunity 3
    4. Market Trends
      1. Trend 1
      2. Trend 2
      3. Trend 3
    5. Market Challenges
      1. Challenge 1
      2. Challenge 2
      3. Challenge 3
  1. Market Environment Analysis
    1. Porter’s 5 Forces Analysis
    2. PESTEL Analysis
    3. SWOT Analysis
  2. COVID-19 Impact Analysis: Microplate Reader Market
  3. Market Analysis by Product
    1. Multi-mode Readers
      1. Multi-mode Readers Market Forecast, 2022-2033(USD Million)
        1. Hybrid Microplate Readers
          1. Hybrid Microplate ReadersMarket Forecast, 2022-2033 (USD Million)
        2. Filter-based Microplate Readers
          1. Filter-based Microplate ReadersMarket Forecast, 2022-2033 (USD Million)
        3. Monochromator-based Microplate Readers
          1. Monochromator-based Microplate ReadersMarket Forecast, 2022-2033 (USD Million)
        4. Single-mode Readers
          1. Single-mode Readers Market Forecast, 2022-2033(USD Million)
            1. Luminescence Microplate Readers
              1. Luminescence Microplate ReadersMarket Forecast, 2022-2033 (USD Million)
            2. Absorbance Microplate Readers
              1. Absorbance Microplate ReadersMarket Forecast, 2022-2033 (USD Million)
            3. Fluorescence Microplate Readers
              1. Fluorescence Microplate ReadersMarket Forecast, 2022-2033 (USD Million)
            4. Others
              1. OthersMarket Forecast, 2022-2033 (USD Million)
  1. Market Analysis by Application
    1. Clinical Diagnostics
      1. Clinical Diagnostics Market Forecast, 2022-2033(USD Million)
    2. Genomics & Proteomics Research
      1. Genomics & Proteomics Research Market Forecast, 2022-2033(USD Million)
    3. Drug Discovery
      1. Drug DiscoveryMarket Forecast, 2022-2033 (USD Million)
    4. Others
      1. OthersMarket Forecast, 2022-2033 (USD Million)
  1. Market Analysis by End User
    1. Academic & Research Institutions
      1. Academic & Research Institutions Market Forecast, 2022-2033(USD Million)
    2. Pharmaceutical & Biotechnology Companies & CROs
      1. Pharmaceutical & Biotechnology Companies & CROsMarket Forecast, 2022-2033 (USD Million)
    3. Others
      1. Others Market Forecast, 2022-2033(USD Million)
  1. Regional Market Analysis
    1. Regional Market Trends Analysis
  2. North America Microplate Reader Market
    1. North America Microplate Reader Market
      1. North America Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Product, 2022-2033(USD Million)
        2. Market Size and Forecast by Application, 2022-2033(USD Million)
        3. Market Size and Forecast by End User, 2022-2033(USD Million)
      2. S. Microplate Reader Market
        1. S. Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Product, 2022-2033(USD Million)
          2. Market Size and Forecast by Application, 2022-2033(USD Million)
          3. Market Size and Forecast by End User, 2022-2033(USD Million)
        2. Canada Microplate Reader Market
          1. Canada Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Product, 2022-2033(USD Million)
            2. Market Size and Forecast by Application, 2022-2033(USD Million)
            3. Market Size and Forecast by End User, 2022-2033(USD Million)
  1. Europe Microplate Reader Market
    1. Europe Microplate Reader Market
      1. Europe Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Product, 2022-2033(USD Million)
        2. Market Size and Forecast by Application, 2022-2033(USD Million)
        3. Market Size and Forecast by End User, 2022-2033(USD Million)
      2. Germany Microplate Reader Market
        1. Germany Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Product, 2022-2033(USD Million)
          2. Market Size and Forecast by Application, 2022-2033(USD Million)
          3. Market Size and Forecast by End User, 2022-2033(USD Million)
        2. UK Microplate Reader Market
          1. UK Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Product, 2022-2033(USD Million)
            2. Market Size and Forecast by Application, 2022-2033(USD Million)
            3. Market Size and Forecast by End User, 2022-2033(USD Million)
          2. France Microplate Reader Market
            1. France Market Size and Forecast, 2022-2033(USD Million)
              1. Market Size and Forecast by Product, 2022-2033(USD Million)
              2. Market Size and Forecast by Application, 2022-2033(USD Million)
              3. Market Size and Forecast by End User, 2022-2033(USD Million)
            2. Spain Microplate Reader Market
              1. Spain Market Size and Forecast, 2022-2033(USD Million)
                1. Market Size and Forecast by Product, 2022-2033(USD Million)
                2. Market Size and Forecast by Application, 2022-2033(USD Million)
                3. Market Size and Forecast by End User, 2022-2033(USD Million)
              2. Italy Microplate Reader Market
                1. Italy Market Size and Forecast, 2022-2033(USD Million)
                  1. Market Size and Forecast by Product, 2022-2033(USD Million)
                  2. Market Size and Forecast by Application, 2022-2033(USD Million)
                  3. Market Size and Forecast by End User, 2022-2033(USD Million)
                2. Rest of Europe Microplate Reader Market
                  1. Rest of Europe Market Size and Forecast, 2022-2033(USD Million)
                    1. Market Size and Forecast by Product, 2022-2033(USD Million)
                    2. Market Size and Forecast by Application, 2022-2033(USD Million)
                    3. Market Size and Forecast by End User, 2022-2033(USD Million)
  1. Asia Pacific Microplate Reader Market
    1. Asia Pacific Microplate Reader Market
      1. Asia Pacific Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Product, 2022-2033(USD Million)
        2. Market Size and Forecast by Application, 2022-2033(USD Million)
        3. Market Size and Forecast by End User, 2022-2033(USD Million)
      2. Japan Microplate Reader Market
        1. Japan Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Product, 2022-2033(USD Million)
          2. Market Size and Forecast by Application, 2022-2033(USD Million)
          3. Market Size and Forecast by End User, 2022-2033(USD Million)
        2. China Microplate Reader Market
          1. China Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Product, 2022-2033(USD Million)
            2. Market Size and Forecast by Application, 2022-2033(USD Million)
            3. Market Size and Forecast by End User, 2022-2033(USD Million)
          2. India Microplate Reader Market
            1. India Market Size and Forecast, 2022-2033(USD Million)
              1. Market Size and Forecast by Product, 2022-2033(USD Million)
              2. Market Size and Forecast by Application, 2022-2033(USD Million)
              3. Market Size and Forecast by End User, 2022-2033(USD Million)
            2. South Korea Microplate Reader Market
              1. South Korea Market Size and Forecast, 2022-2033(USD Million)
                1. Market Size and Forecast by Product, 2022-2033(USD Million)
                2. Market Size and Forecast by Application, 2022-2033(USD Million)
                3. Market Size and Forecast by End User, 2022-2033(USD Million)
              2. Australia Microplate Reader Market
                1. Australia Market Size and Forecast, 2022-2033(USD Million)
                  1. Market Size and Forecast by Product, 2022-2033(USD Million)
                  2. Market Size and Forecast by Application, 2022-2033(USD Million)
                  3. Market Size and Forecast by End User, 2022-2033(USD Million)
                2. Rest of Asia Pacific Microplate Reader Market
                  1. Rest of Asia Pacific Market Size and Forecast, 2022-2033(USD Million)
                    1. Market Size and Forecast by Product, 2022-2033(USD Million)
                    2. Market Size and Forecast by Application, 2022-2033(USD Million)
                    3. Market Size and Forecast by End User, 2022-2033(USD Million)
  1. Latin America Microplate Reader Market
    1. Latin America Microplate Reader Market
      1. Latin America Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Product, 2022-2033(USD Million)
        2. Market Size and Forecast by Application, 2022-2033(USD Million)
        3. Market Size and Forecast by End User, 2022-2033(USD Million)
      2. Brazil Microplate Reader Market
        1. Brazil Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Product, 2022-2033(USD Million)
          2. Market Size and Forecast by Application, 2022-2033(USD Million)
          3. Market Size and Forecast by End User, 2022-2033(USD Million)
        2. Mexico Microplate Reader Market
          1. Mexico Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Product, 2022-2033(USD Million)
            2. Market Size and Forecast by Application, 2022-2033(USD Million)
            3. Market Size and Forecast by End User, 2022-2033(USD Million)
          2. Argentina Microplate Reader Market
            1. Argentina Market Size and Forecast, 2022-2033(USD Million)
              1. Market Size and Forecast by Product, 2022-2033(USD Million)
              2. Market Size and Forecast by Application, 2022-2033(USD Million)
              3. Market Size and Forecast by End User, 2022-2033(USD Million)
            2. Rest of Latin America Microplate Reader Market
              1. Rest of Latin America Market Size and Forecast, 2022-2033(USD Million)
                1. Market Size and Forecast by Product, 2022-2033(USD Million)
                2. Market Size and Forecast by Application, 2022-2033(USD Million)
                3. Market Size and Forecast by End User, 2022-2033(USD Million)
  1. MEA Microplate Reader Market
    1. MEA Microplate Reader Market
      1. MEA Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Product, 2022-2033(USD Million)
        2. Market Size and Forecast by Application, 2022-2033(USD Million)
        3. Market Size and Forecast by End User, 2022-2033(USD Million)
      2. GCC Microplate Reader Market
        1. GCC Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Product, 2022-2033(USD Million)
          2. Market Size and Forecast by Application, 2022-2033(USD Million)
          3. Market Size and Forecast by End User, 2022-2033(USD Million)
        2. South Africa Microplate Reader Market
          1. South Africa Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Product, 2022-2033(USD Million)
            2. Market Size and Forecast by Application, 2022-2033(USD Million)
            3. Market Size and Forecast by End User, 2022-2033(USD Million)
          2. Rest of MEA Microplate Reader Market
            1. Rest of MEA Market Size and Forecast, 2022-2033(USD Million)
              1. Market Size and Forecast by Product, 2022-2033(USD Million)
              2. Market Size and Forecast by Application, 2022-2033(USD Million)
              3. Market Size and Forecast by End User, 2022-2033(USD Million)
  1. Competitor Analysis
    1. Market Share Analysis, 2022
    2. Major Recent Developments, 2019-2022
  2. Company Profiles
    1. Danaher Corporation
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    2. PerkinElmer, Inc.
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    3. Promega Corporation
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    4. BMG Labtech
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    5. Bio-Rad Laboratories
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    6. Lonza
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    7. Enzo Life Sciences
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    8. Enzo Life Sciences
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    9. Thermo Fisher Scientific, Inc.
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    10. Agilent Technologies, Inc.
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    11. Berthold Technologies GmbH & Co. KG.
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    12. Company 12
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    13. Company 13
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    14. Company 14
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    15. Company 15
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
  1. Conclusion
  2. Recommendations

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