Microplates Market Report: Trends, Forecast and Competitive Analysis to 2030

Microplates Trends and Forecast

The future of the global microplates market looks promising with opportunities in the biotechnology & pharmaceutical company, hospital & diagnostic laboratory, and academic & research institute markets. The global microplates market is expected to reach an estimated $1.4 billion by 2030 with a CAGR of 4.0% from 2024 to 2030. The major drivers for this market are rise in the elderly population, a surge in product launches by key industry players, and the escalating prevalence of chronic and infectious diseases.

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Microplates by Segment

The study includes a forecast for the global microplates by product, application, end use, and region.

Microplates Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Microplate Readers
• Single-Mode Microplate Readers
• Microplate Pipetting Systems & Dispensers
• Microplate Washers
• Microplate Accessories & Software

Microplates Market by Application [Shipment Analysis by Value from 2018 to 2030]:

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

Microplates Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Biotechnology & Pharmaceutical Companies
• Hospital & Diagnostic Laboratories
• Academic & Research Institutes

Microplates Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Microplates Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies microplates companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the microplates companies profiled in this report include-

• Greiner Bio One
• Corning Incorporated
• Thermo Fisher Scientific
• Eppendorf
• Perkinelmer
• Becton & Dickison
• Qiagen
• Avantor
• Spl Life Sciences
• Porvair Sciences

Microplates Market Insights

Lucintel forecasts that microplate readers is expected to witness highest growth over the forecast period due to their high durability and require minimal maintenance.

Within this market, hospital & diagnostic laboratories will remain the largest segment due to the increasing prevalence of chronic, infectious and other diseases.

North America will remain the largest region over the forecast period due to increasing demand of microplating and research and development activities in the region.

Features of the Global Microplates Market

Market Size Estimates: Microplates market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Microplates market size by product, application, end use, and region in terms of value ($B).

Regional Analysis: Microplates market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, applications, end uses, and regions for the microplates market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the microplates market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the microplates market size?

Answer: The global microplates market is expected to reach an estimated $1.4 billion by 2030.

Q.2 What is the growth forecast for microplates market?

Answer: The global microplates market is expected to grow with a CAGR of 4.0% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the microplates market?

Answer: The major drivers for this market are rise in the elderly population, a surge in product launches by key industry players and the escalating prevalence of chronic and infectious diseases.

Q4. What are the major segments for microplates market?

Answer: The future of the microplates market looks promising with opportunities in the biotechnology & pharmaceutical company, hospital & diagnostic laboratory, and academic & research institute markets.

Q5. Who are the key microplates market companies?

Answer: Some of the key microplates companies are as follows:

• Greiner Bio One
• Corning Incorporated
• Thermo Fisher Scientific
• Eppendorf
• Perkinelmer
• Becton & Dickison
• Qiagen
• Avantor
• Spl Life Sciences
• Porvair Sciences

Q6. Which microplates market segment will be the largest in future?

Answer: Lucintel forecasts that microplate readers is expected to witness highest growth over the forecast period due to their high durability and require minimal maintenance.

Q7. In microplates market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to increasing demand of microplating and research and development activities in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the microplates market by product (microplate readers, single-mode microplate readers, microplate pipetting systems & dispensers, microplate washers, and microplate accessories & software), application (clinical diagnostics, drug discovery, genomics & proteomics research, and others), end use (biotechnology & pharmaceutical companies, hospital & diagnostic laboratories, and academic & research institutes), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?