Microplate Systems Market Report: Trends, Forecast and Competitive Analysis to 2030

Microplate Systems Trends and Forecast

The future of the global microplate systems market looks promising with opportunities in the biotechnology & pharmaceutical companies, hospitals & diagnostic laboratories, and academic & research institutes markets. The global microplate systems market is expected to grow with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are growth in the biotechnology industries' need for automated cell-based and biochemical tests and rise in the frequency of infectious and chronic illnesses.

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Microplate Systems by Segment

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

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

• Microplate Readers
• Microplate Pipetting Systems and Dispensers
• Microplate Washers
• Microplate Accessories & Software

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

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

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

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

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

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

List of Microplate Systems 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 microplate systems companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the microplate systems companies profiled in this report include-

• Perkinelmer
• Bmg Labtech
• Lonza
• Mindray
• Danaher Corporation
• Corning
• Rayto
• Berthold
• Bio-Rad
• Tecan

Microplate Systems Market Insights

Lucintel forecasts that microplate readers is expected to witness highest growth over the forecast period due to intensifying attention on advancing drug discovery.

Within this market, biotechnology & pharmaceutical companies will remain the largest segment due to boosting backing from the government.

North America will remain the largest region over the forecast period due to growing adoption of personalized medicine.

Features of the Global Microplate Systems Market

Market Size Estimates: Microplate systems 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: Microplate systems market size by product, application, end use, and region in terms of value ($B).

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

Growth Opportunities: Analysis of growth opportunities in different product, application, end use, and regions for the microplate systems market.

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

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

FAQ

Q1. What is the growth forecast for microplate systems market?

Answer: The global microplate systems market is expected to grow with a CAGR of 4.5% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the microplate systems market?

Answer: The major drivers for this market are growth in the biotechnology industries' need for automated cell-based and biochemical tests and rise in the frequency of infectious and chronic illnesses.

Q3. What are the major segments for microplate systems market?

Answer: The future of the microplate systems market looks promising with opportunities in the biotechnology & pharmaceutical companies, hospitals & diagnostic laboratories, and academic & research institutes markets.

Q4. Who are the key microplate systems market companies?

Answer: Some of the key microplate systems companies are as follows.

• Perkinelmer
• Bmg Labtech
• Lonza
• Mindray
• Danaher Corporation
• Corning
• Rayto
• Berthold
• Bio-Rad
• Tecan

Q5. Which microplate systems 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 intensifying attention on advancing drug discovery.

Q6. In microplate systems 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 growing adoption of personalized medicine.

Q7. 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 microplate systems market by product (microplate readers, microplate pipetting systems and dispensers, microplate washers, and microplate accessories & software), application (drug discovery, clinical diagnostics, genomics and proteomics research, and others), end use (biotechnology & pharmaceutical companies, hospitals & 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?