Automated Plate Readers Market Forecasts to 2028 – Global Analysis By Application (Bio Analysis, Drug Discovery, Clinical Diagnostics, Genomics and Proteomics Research, Analytical Chemistry ) and By Geography
According to Stratistics MRC, the Global Automated Plate Readers Market is expected to grow at a CAGR of 12.8% during the forecast period. Factors such as increasing demand for diagnostic solutions, technological advancements, and rising number of laboratories are driving the growth of the market. However, difficulty in interconnecting various platforms across the lab is hampering the growth of the market.
An automated plate reader is a device to detect chemical, biological, or physical reactions by hitting them with light and then measuring its characteristics as all solid and liquid elements emit different characteristics when being hit by the light.
Based on the application, the bio analysis segment is anticipated to expand at a rapid pace during the forecast period due to the growing demand for efficient testing processes and accurate solutions to aid clinical research. By geography, North America is going to have high growth during the forecast period which can be attributed to the increasing research and development activities which are supported by the governments in the region.
Some of the key players profiled in the Automated Plate Readers Market include Thermo Fisher Scientific, Molecular Devices LLC (Danaher Corporation), Bio-Rad Laboratories Inc., PerkinElmer Inc., Berthold Technologies GmbH & Co. KG, Tecan Group Ltd, BioTek Instruments Inc. (Agilent Technologies Inc.), BMG Labtech, Enzo Biochem Inc., and Eppendorf AG.
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Tables, Graphs & Figures
Product, Technology, Application, End User, and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
• Multimode Microplate Readers
• Dedicated Microplate Readers (Single-Mode Readers)
• Fluorescence Polarization
• Light Scattering
• Time-Resolved Fluorescence
• Bio Analysis
• Drug Discovery
• Clinical Diagnostics
• Genomics and Proteomics Research
• Analytical Chemistry
End Users Covered:
• Biotechnology Industry
• Pharmaceutical Industry
• Academic Research Institutions
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Automated Plate Readers Market is majorly driven by increasing demand for diagnostic solutions, technological advancements, and rising number of laboratories.
The biotechnology industry segment is growing at a highest CAGR owing to the significant developments taking place in the field of biotechnology.
North America dominated with a significant market share due to the factors such as increasing research and development activities and supportive government initiatives in the region.
Asia Pacific market is growing at a highest CAGR owing to the rising focus on drug development in various countries of the region.
Key players in Automated Plate Readers Market include Thermo Fisher Scientific, Molecular Devices LLC (Danaher Corporation), Bio-Rad Laboratories Inc., PerkinElmer Inc., Berthold Technologies GmbH & Co. KG, Tecan Group Ltd, BioTek Instruments Inc. (Agilent Technologies Inc.), BMG Labtech, Enzo Biochem Inc., and Eppendorf AG.
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