Microplate Systems Market Analysis And Forecast To 2031: By Product (Multi-Mode Microplate Readers, Single-Mode Microplate Readers), By Application (Drug Discovery, Clinical Diagnostics), By End-use (Biotechnology And Pharmaceutical Companies, Hospitals And Diagnostic Laboratories, Research And Academia) And Region

The global microplate systems market was valued at USD 1.2 billion in 2021 and it is anticipated to grow up to USD 2.4 billion by 2031, at a CAGR of 7.2% during the forecast period.

Microbial interactivity is found in biological interactions and process among bacteria. It includes infections from plants, animals and also humans. Microplate systems are known as one of the most significant devices available to examine how the microbes act together. Microplate system is an apparatus used in the laboratory which is developed for finding out biological, chemical process and physical reactions for research and experimental activities. These systems are very useful for testing of gene expression reactions, biological reactions and quantification of proteins. Microplate system has its applications in drug discovery, environmental monitoring, treatment of waste water and fermented foods.

Global Microplate Systems Market Scope and Report Structure
Report Attribute Details
Market Size in 2021$1.2 bn
Market Size in 2031$2.4 bn
Growth Rate (2021-31)7.2%
Historic Period2015-2020
Forecast Period2022-2031
Base Year2021
Segments CoveredProduct, Application, End-use, and Region
Key CompaniesBio-Rad Laboratories Inc. (US), PerkinElmer (US), Danaher Corporation (US), Thermo Fisher Scientific (US), Agilent Technologies Inc. (US), Tecan (Switzerland), BMG Labtech (Germany), Promega Corporation (US), Enzo Life Sciences Inc. (US), Berthold Technologies (Germany), Biochrom (UK), Corning (US), Lonza (Switzerland)
Regional ScopeNorth America, Europe, Asia Pacific, Central & South America, Middle East & Africa
Analysis CoverageMarket Forecast, Competitive Landscape, Drivers, Trends, Restraints, Opportunities, Value-Chain, PESTLE, Key Events and Developments
Market Trends and Drivers

Increasing R&D expenditure in the biopharmaceutical company will positively impact the market growth.The pharmaceutical and biotechnology industries are among the major end users in the microplate systems market. Microplate systems find high use in modern drug discovery and development activities and genomic & proteomic research, as they increase the test speed and accuracy, thus saving time and enabling researchers to focus on core tasks. Consequently, the increasing pace of R&D in the pharmaceutical industry—as evidenced by the rising expenditure in this area—can be taken as a key growth driver for the market. For instance, according to PhRMA, the R&D expenditure of PhRMA member companies in the US increased from ~USD 26.0 billion in 2000 to USD 58.8 billion in 2015. Similarly, as per EFPIA, in Europe, the pharmaceutical R&D expenditure increased from USD 16.5 billion in 2000 to USD 45.6 billion in 2019.

Market Restraints and Challenges

Survival of small players and new entrants may hinders the market growth to some extent. The survival of small players and new entrants in the microplate systems market is a significant challenge. Huge investments are required for the R&D and launch of innovative products in the market. Thus, to remain competitive in the market, companies have to invest heavily. Moreover, market players have to reduce operational costs to successfully survive in the market, which is very difficult for small players and new entrants.

Global Microplate Systems Market Segmental Overview

The report analyses the global microplate systems market based on product, application, end-use, and region.

Global Microplate Systems Market by Product

Based on product, it is segmented into multi-mode microplate readers and single-mode microplate readers. Among these, multi=mode microplate segment accounted for significant market share in 2021. demand for multi-mode readers is gaining impetus due to the greater flexibility, cost efficiency, and compact sizing options offered by them. Moreover, in addition to fluorescence, absorbance, and luminescence capabilities, multi-mode readers currently offer several configurable modes for fluorescence polarization, fluorescence resonance energy transfer, time-resolved fluorescence, and amplified luminescent proximity homogeneous assays, among others. These capabilities are strengthening the growth prospects for multi-mode readers in the near future.

Global Microplate Systems Market by Application

Based on application, it is segmented into drug discovery, clinical diagnostics, and others. Among them, clinical diagnostics segment is expected to experience the fastest growth rate during the forecast period. clinical diagnostics segment will hold a major share in the microplate systems market by 2028. The segment growth is driven by the ability of microplate instrumentation to ensure high efficiency and performance for improved clinical diagnostic workflows. Microplate instruments and software of Agilent BioTek, for example, have been developed for ease of use in operation and setup of ELISA microplate readers, among other uses. In addition, the commendable increase in the number of diagnostic and medical laboratories in the U.S. will further propel the deployment of microplate equipment to boost laboratory workflow.

Global Microplate Systems Market End-use

Based on end–use, it is segmented into biotechnology and pharmaceutical companies, hospitals and diagnostic laboratories, research and academia and others. Laboratories segment is anticipated to witness the fastest CAGR over the forecast period. High-throughput screening using MR can minimize the operational time required and save reagent costs by enabling analysis of up to 3456 samples at a time. This allows for greater flexibility with sample handling and provides more time for data analysis and interpretation, which form an important aspect of research activities. Hence, research applications of these instruments are expected to rise, as evident by the launch of new products suitable for research laboratories. For instance, in April 2022, Molecular Devices, LLC (Danaher Corporation) launched its SpectraMax Mini Multi-Mode Reader with a compact and economical benchtop design ideal for academic laboratories. Similarly, in February 2022, BMG LABTECH launched the VANTAstar microplate reader suitable for use in life sciences research activities.

Geographical Analysis of Global Microplate Systems Market

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific microplate systems market will amass substantial profits by 2031, as a result of the high burden of infectious diseases and favorable business landscape for biopharma companies in China, Japan, and other countries. In 2021, Japan-based Bushu Pharmaceuticals Ltd. signed a deal with Suzuken Co. with an aim to offer comprehensive support to specialty pharma manufacturers that are planning to enter the Japanese market. Situations such as these could positively impact the adoption of microplate systems for drug discovery and development activities in the regional pharma sector.

Major Players in the Global Microplate Systems Market

The key players in the microplate system market are Bio-Rad Laboratories Inc. (US), PerkinElmer (US), Danaher Corporation (US), Thermo Fisher Scientific (US), Agilent Technologies Inc. (US), Tecan (Switzerland), BMG Labtech (Germany), Promega Corporation (US), Enzo Life Sciences Inc. (US), Berthold Technologies (Germany), Biochrom (UK), Corning (US), and Lonza (Switzerland), among others.

COVID-19 Impact

Increase in COVID-19-related research activities to impact microplate systems market Trends. In the wake of the coronavirus pandemic, the healthcare domain has showcased severe disruptions due to issues regarding supply chain and raw material availability and manufacturing. Several academic, government, and industry research activities related to basic science as well as clinical studies also dwindled amid the pandemic, which may have impacted the microplate systems industry. However, the shifting focus from basic studies to COVID-19-related researches to address the growing demand for medications, diagnostics, and vaccines may create a positive impact on the industry outlook during the forecast timeline.

Recent Developments
  • In April 2022, Molecular Devices launched new multi-mode microplate reader for academia and biotech laboratories.
  • In May 2021, Beckman Coulter Life Sciences unveiled a new BioLector XT Microbioreactor, equipped with FlowerPlate microtiter plate technology, designed to enable high-throughput strain screenings, feeding strategy optimization, and cultivation parameter monitoring.
  • In May 2021, Thermo Fisher Scientific launched a range of automated incubators and storage systems, Cytomat 24, for microplate incubation applications.
  • In June 2020, Agilent Technologies Inc. launched the BenchCel Microplate Handler.
  • In July 2019, Agilent Technologies Inc. acquired BioTek Instruments to strengthen its product portfolio.
Frequently Asked Questions

Q1. How big is the microplate systems market?

Ans. The global microplate systems market size was USD 1.2 billion in 2021 and is anticipated to reach USD 2.4 billion in 2031, growing at a rate of 7.2% from 2022 to 2031.

Q2. What is the microplate systems market growth rate?

Ans. The growth rate of the microplate systems market is 7.2%.

Q3. Which region holds a major market share for the microplate systems market?

Ans. North America holds a major market share of the microplate systems market in 2021.

Q4. Which segment accounted for the largest microplate systems market share?

Ans. By end user, the laboratories segment accounted for the largest microplate systems market share.

Q5. Who are the key players in the microplate systems market?

Ans. The global microplate systems market report includes players such as Bio-Rad Laboratories Inc. (US), PerkinElmer (US), Danaher Corporation (US), Thermo Fisher Scientific (US), Agilent Technologies Inc. (US), Tecan (Switzerland), BMG Labtech (Germany), Promega Corporation (US), Enzo Life Sciences Inc. (US), Berthold Technologies (Germany), Biochrom (UK), Corning (US), and Lonza (Switzerland), among others.

Q6. What are the factors driving the microplate systems market growth?

Ans. The major factors driving the growth of the market are the increase in popularity for automated cell based and biochemical assays in biotechnology industries has boosted demand and requirement for microplate systems

Q7. What are the key growth strategies of microplate systems market players?

Ans. The key growth strategies of microplate systems market players are product launch and product approval.

Q8. Which region will provide more business opportunities for the microplate systems market during the forecast period?

Ans. The Asia-Pacific region will provide more business opportunities for the microplate systems market during the forecast period.

 

Table of Contents

Chapter 1. Market Introduction

1.1. Objectives of The Study
1.2. Market Definition And Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Applications

Chapter 2. Executive Summary

2.1. Summary
2.2. Key Highlights of The Market

Chapter 3. Microplate Systems Market Outlook

3.1. Microplate Systems Market Segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. Pestle Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of The Russia And Ukraine War on The Microplate Systems Market

Chapter 4. The Economic Impact of COVID-19

4.1. Overall Impact of COVID-19
4.2. Impact of COVID-19 on The Microplate Systems Market
4.3. Economic Impact Analysis

Chapter 5. Microplate Systems Market by Product

5.1. Market Overview
5.2. Multi-mode Microplate Readers
5.2.1. Market Size And Forecast, 2021-2031 ($Million)
5.2.2. Market Size And Forecast, By Region, 2021-2031 ($Million)
5.3. Single-mode Microplate Readers
5.3.1. Market Size And Forecast, 2021-2031 ($Million)
5.3.2. Market Size And Forecast, By Region, 2021-2031 ($Million)

Chapter 6. Microplate Systems Market by Application

6.1. Market Overview
6.2. Drug Discovery
6.2.1. Market Size And Forecast, 2021-2031 ($Million)
6.2.2. Market Size And Forecast, By Region, 2021-2031 ($Million)
6.3. Clinical Diagnostics
6.3.1. Market Size And Forecast, 2021-2031 ($Million)
6.3.2. Market Size And Forecast, By Region, 2021-2031 ($Million)
6.4. Others
6.4.1. Market Size And Forecast, 2021-2031 ($Million)
6.4.2. Market Size And Forecast, By Region, 2021-2031 ($Million)

Chapter 7. Microplate Systems Market By End-use

7.1. Market Overview
7.2. Biotechnology and Pharmaceutical Companies
7.2.1. Market Size And Forecast, 2021-2031 ($Million)
7.2.2. Market Size And Forecast, By Region, 2021-2031 ($Million)
7.3. Hospitals And Diagnostic Laboratories
7.3.1. Market Size And Forecast, 2021-2031 ($Million)
7.3.2. Market Size And Forecast, By Region, 2021-2031 ($Million)
7.4. Research And Academia
7.4.1. Market Size And Forecast, 2021-2031 ($Million)
7.4.2. Market Size And Forecast, By Region, 2021-2031 ($Million)
7.5. Others
7.5.1. Market Size And Forecast, 2021-2031 ($Million)
7.5.2. Market Size And Forecast, By Region, 2021-2031 ($Million)

Chapter 8. Microplate Systems Market , by Region

8.1. Overview
8.2. North America
8.2.1. Key Market Trends And Opportunities
8.2.2. North America Microplate Systems Market Size And Forecast by Product, 2021-2031, ($Million)
8.2.3. North America Microplate Systems Market Size And Forecast by Application, 2021-2031, ($Million)
8.2.4. North America Microplate Systems Market Size And Forecast by End-use, 2021-2031, ($Million)
8.2.5. North America Microplate Systems Market Size And Forecast by Country, 2021-2031, ($Million)
8.2.6. The U.S.
8.2.6.1. The U.S. Microplate Systems Market Size And Forecast by Product, 2021-2031, ($Million)
8.2.6.2. The U.S. Microplate Systems Market Size And Forecast by Application, 2021-2031, ($Million)
8.2.6.3. U.S. Microplate Systems Market Size And Forecast by End-use, 2021-2031, ($Million)
8.2.7. Canada
8.2.7.1. Canada Microplate Systems Market Size And Forecast by Product, 2021-2031, ($Million)
8.2.7.2. Canada Microplate Systems Market Size And Forecast by Application Concentrators, 2021-2031, ($Million)
8.2.7.3. Canada Microplate Systems Market Size And Forecast by End-use, 2021-2031, ($Million)
8.2.8. Mexico
8.2.8.1. Mexico Microplate Systems Market Size And Forecast by Product, 2021-2031, ($Million)
8.2.8.2. Mexico Microplate Systems Market Size And Forecast by Application, 2021-2031, ($Million)
8.2.8.3. Mexico Microplate Systems Market Size And Forecast by End-use, 2021-2031, ($Million)
8.3. Europe
8.3.1. Key Market Trends And Opportunities
8.3.2. Europe Microplate Systems Market Size And Forecast by Product, 2021-2031, ($Million)
8.3.3. Europe Microplate Systems Market Size And Forecast by Application, 2021-2031, ($Million)
8.3.4. Europe Microplate Systems Market Size And Forecast by End-use, 2021-2031, ($Million)
8.3.5. Europe Microplate Systems Market Size And Forecast by Country, 2021-2031, ($Million)
8.3.5.1. Germany
8.3.5.2. Germany Microplate Systems Market Size And Forecast by Product, 2021-2031, ($Million)
8.3.5.3. Germany Microplate Systems Market Size And Forecast by Application, 2021-2031, ($Million)
8.3.5.4. Germany Microplate Systems Market Size And Forecast by End-use, 2021-2031, ($Million)
8.3.6. France
8.3.6.1. France Microplate Systems Market Size And Forecast by Product, 2021-2031, ($Million)
8.3.6.2. France Microplate Systems Market Size And Forecast by Application, 2021-2031, ($Million)
8.3.6.3. France Microplate Systems Market Size And Forecast by Therapeutic Area, 2021-2031, ($Million)
8.3.7. U.K
8.3.7.1. U.K. Microplate Systems Market Size And Forecast by Product, 2021-2031, ($Million)
8.3.7.2. U.K. Microplate Systems Market Size And Forecast by Application, 2021-2031, ($Million)
8.3.7.3. U.K. Microplate Systems Market Size And Forecast by Therapeutic Area, 2021-2031, ($Million)
8.3.8. Spain
8.3.8.1. Spain Microplate Systems Market Size And Forecast by Product, 2021-2031, ($Million)
8.3.8.2. Spain Microplate Systems Market Size And Forecast by Application, 2021-2031, ($Million)
8.3.8.3. Spain Microplate Systems Market Size And Forecast by Therapeutic Area, 2021-2031, ($Million)
8.3.9. Italy
8.3.9.1. Italy Microplate Systems Market Size And Forecast by Product, 2021-2031, ($Million)
8.3.9.2. Italy Microplate Systems Market Size And Forecast by Application, 2021-2031, ($Million)
8.3.9.3. Italy Microplate Systems Market Size And Forecast by End-use, 2021-2031, ($Million)
8.3.10. Russia
8.3.10.1. Russia Microplate Systems Market Size And Forecast by Product, 2021-2031, ($Million)
8.3.10.2. Russia Microplate Systems Market Size And Forecast by Application, 2021-2031, ($Million)
8.3.10.3. Russia Microplate Systems Market Size And Forecast by End-use, 2021-2031, ($Million)
8.3.11. Rest of Europe
8.3.11.1. Rest of Europe Microplate Systems Market Size And Forecast by Product, 2021-2031, ($Million)
8.3.11.2. Rest of Europe Microplate Systems Market Size And Forecast by Application, 2021-2031, ($Million)
8.3.11.3. Rest of Europe Microplate Systems Market Size And Forecast by End-use, 2021-2031, ($Million)
8.4. Asia-Pacific
8.4.1. Key Market Trends And Opportunities
8.4.2. Asia-Pacific Microplate Systems Market Size And Forecast by Country, 2021-2031, ($Million)
8.4.3. Asia-Pacific Microplate Systems Market Size And Forecast by Application, 2021-2031, ($Million)
8.4.4. Asia-Pacific Microplate Systems Market Size And Forecast by End-use, 2021-2031, ($Million)
8.4.5. China
8.4.5.1. China Microplate Systems Market Size And Forecast by Product, 2021-2031, ($Million)
8.4.5.2. China Microplate Systems Market Size And Forecast by Application, 2021-2031, ($Million)
8.4.5.3. China Microplate Systems Market Size And Forecast by End-use, 2021-2031, ($Million)
8.4.6. India
8.4.6.1. India Microplate Systems Market Size And Forecast by Product, 2021-2031, ($Million)
8.4.6.2. India Microplate Systems Market Size And Forecast by Application, 2021-2031, ($Million)
8.4.6.3. India Microplate Systems Market Size And Forecast by End-use, 2021-2031, ($Million)
8.4.7. Japan
8.4.7.1. Japan Microplate Systems Market Size And Forecast by Product, 2021-2031, ($Million)
8.4.7.2. Japan Microplate Systems Market Size And Forecast by Application, 2021-2031, ($Million)
8.4.7.3. Japan Microplate Systems Market Size And Forecast by End-use, 2021-2031, ($Million)
8.4.8. South Korea
8.4.8.1. South Korea Microplate Systems Market Size And Forecast by Product, 2021-2031, ($Million)
8.4.8.2. South Korea Microplate Systems Market Size And Forecast by Application, 2021-2031, ($Million)
8.4.8.3. South Korea Microplate Systems Market Size And Forecast by End-use, 2021-2031, ($Million)
8.4.9. Rest of APAC
8.4.9.1. Rest of APAC Microplate Systems Market Size And Forecast by Product, 2021-2031, ($Million)
8.4.9.2. Rest of APAC Microplate Systems Market Size And Forecast by Application, 2021-2031, ($Million)
8.4.9.3. Rest of APAC Microplate Systems Market Size And Forecast by End-use, 2021-2031, ($Million)
8.5. Rest of The World
8.5.1. Key Market Trends And Opportunities
8.5.2. Rest of The World Microplate Systems Market Size And Forecast by Product, 2021-2031, ($Million)
8.5.3. Rest of The World Microplate Systems Market Size And Forecast by Application, 2021-2031, ($Million)
8.5.4. Rest of The World Microplate Systems Market Size And Forecast by End-use, 2021-2031, ($Million)
8.5.5. Rest of The World Microplate Systems Market Size And Forecast by Country, 2021-2031, ($Million)
8.5.6. Latin America
8.5.6.1. Latin America Microplate Systems Market Size And Forecast by Product, 2021-2031, ($Million)
8.5.6.2. Latin America Microplate Systems Market Size And Forecast by Application, 2021-2031, ($Million)
8.5.6.3. Latin America Microplate Systems Market Size And Forecast by End-use, 2021-2031, ($Million)
8.5.7. Middle East
8.5.7.1. Middle East Microplate Systems Market Size And Forecast by Product, 2021-2031, ($Million)
8.5.7.2. Middle East Microplate Systems Market Size And Forecast by Application, 2021-2031, ($Million)
8.5.7.3. Middle East Microplate Systems Market Size And Forecast by End-use, 2021-2031, ($Million)
8.5.8. Africa
8.5.8.1. Africa Microplate Systems Market Size And Forecast by Product, 2021-2031, ($Million)
8.5.8.2. Africa Microplate Systems Market Size And Forecast by Application, 2021-2031, ($Million)
8.5.8.3. Africa Microplate Systems Market Size And Forecast by End-use, 2021-2031, ($Million)

Chapter 9. Competitive Landscape

9.1. Market Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Developmental Strategy Benchmarking
9.3.1. New Testing Type Development
9.3.2. Chemical-based Launches
9.3.3. Business Expansions
9.3.4. Partnerships, Joint Ventures, And Collaborations
9.3.5. Mergers And Acquisitions

Chapter 10. Company Profiles

10.1. Bio-Rad Laboratories Inc. (US)
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Chemical-based offerings
10.1.4. Key Strategic Initiatives
10.1.5. SWOT Analysis
10.2. PerkinElmer (US)
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Chemical-based offerings
10.2.4. Key Strategic Initiatives
10.2.5. SWOT Analysis
10.3. Danaher Corporation (US)
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Chemical-based offerings
10.3.4. Key Strategic Initiatives
10.3.5. SWOT Analysis
10.4. Thermo Fisher Scientific (US)
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Chemical-based offerings
10.4.4. Key Strategic Initiatives
10.4.5. SWOT Analysis
10.5. Agilent Technologies Inc. (US)
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Chemical-based offerings
10.5.4. Key Strategic Initiatives
10.5.5. SWOT Analysis
10.6. Tecan (Switzerland)
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Chemical-based offerings
10.6.4. Key Strategic Initiatives
10.6.5. SWOT Analysis
10.7. BMG Labtech (Germany)
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Chemical-based offerings
10.7.4. Key Strategic Initiatives
10.7.5. SWOT Analysis
10.8. Promega Corporation (US)
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Chemical-based offerings
10.8.4. Key Strategic Initiatives
10.8.5. SWOT Analysis
10.9. Enzo Life Sciences Inc. (US)
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Chemical-based offerings
10.9.4. Key Strategic Initiatives
10.9.5. SWOT Analysis
10.10. Berthold Technologies (Germany)
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Chemical-based offerings
10.10.4. Key Strategic Initiatives
10.10.5. SWOT Analysis
*The List of Company Is Subject To Change During The Final Compilation of The Report

Global Microplate Systems Market Segmentation

By Product

  • Multi-mode Microplate Readers
  • Single-mode Microplate Readers

By Application

  • Drug Discovery
  • Clinical Diagnostics
  • Others

By End-use

  • Biotechnology and Pharmaceutical Companies
  • Hospitals and Diagnostic Laboratories
  • Research and Academia
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of World
    • Latin America
    • Middle East
    • Africa

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