PUBLISHER: The Business Research Company | PRODUCT CODE: 1711037
PUBLISHER: The Business Research Company | PRODUCT CODE: 1711037
Microplate systems are laboratory instruments designed to detect and quantify biological, chemical, or physical events in microplate formats. These systems are extensively used in fields such as biotechnology, pharmaceuticals, and clinical diagnostics. Microplate systems facilitate high-throughput screening and quantitative analysis, making them indispensable tools in modern research and clinical laboratories.
The primary types of microplate systems include multi-mode microplate readers, single-mode microplate readers, microplate washers, microplate handlers, and others. Multi-mode microplate readers are advanced laboratory instruments capable of analyzing biological and chemical samples simultaneously across multiple wells, offering versatility and efficiency in experiments. These systems are employed in various applications, including drug discovery, clinical diagnostics, genomics and proteomics research, and more, by diverse end-users such as pharmaceutical and biotechnology companies, hospitals and diagnostic laboratories, academic and research institutes, contract research organizations (CROs), and others.
The microplate systems market research report is one of a series of new reports from The Business Research Company that provides microplate systems market statistics, including microplate systems industry global market size, regional shares, competitors with a microplate systems market share, detailed microplate systems market segments, market trends, and opportunities, and any further data you may need to thrive in the microplate systems industry. This microplate systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The microplate systems market size has grown rapidly in recent years. It will grow from $1.28 $ billion in 2024 to $1.42 $ billion in 2025 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to the increasing prevalence of chronic diseases, rising government initiatives and funding, increasing focus on early diagnosis and personalized medicine, the development of healthcare infrastructure in emerging economies, and economic growth.
The microplate systems market size is expected to see rapid growth in the next few years. It will grow to $2.13 $ billion in 2029 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to the increasing prevalence of chronic diseases, rising government initiatives and funding, increasing focus on early diagnosis and personalized medicine, the development of healthcare infrastructure in emerging economies, and economic growth. Major trends in the forecast period include increasing adoption of automation and robotics, rising demand for high-throughput screening (HTS), advancements in microplate reader technologies, growing focus on personalized medicine, and development in diagnostics and drug discovery.
The growth of research and development activities is expected to drive the expansion of the microplate systems market. Research and development (R&D) efforts involve the systematic pursuit of innovation by companies, institutions, and governments to create new products, services, or processes, while advancing scientific and technical knowledge. The rise in R&D activities is fueled by consumer demand, regulatory requirements, and government support and funding. Microplate systems facilitate high-throughput screening, enabling the simultaneous testing of thousands of compounds, thus reducing time and costs in drug discovery. They also improve reproducibility with automated liquid handling and data analysis, accelerating the R&D process. For example, in January 2024, the National Center for Science and Engineering Statistics, a U.S.-based agency, reported that U.S. research and development spending was projected to reach $886 billion in 2022, following a $72 billion increase in 2021. As a result, the growth in research and development activities is driving the microplate systems market.
Leading companies in the microplate systems market are focusing on developing advanced products, such as multi-mode microplate readers, to enhance the versatility and efficiency of laboratory research and diagnostics. A multi-mode microplate reader is an advanced laboratory instrument that performs multiple detection methods, enabling a wide range of biochemical and cell-based assays using a single device. This capability enhances throughput in scientific research and diagnostics. For example, in April 2022, Molecular Devices, LLC, a U.S.-based research and development company, launched the SpectraMax Mini Microplate Reader, a compact and economical solution designed to save researchers benchtop space and budget. It supports UV-visible absorbance, fluorescence, and luminescence detection modes and is user-upgradeable from two to three modes, offering flexibility as research needs evolve. The reader accommodates plate formats from 6 to 384 wells and features an extended wavelength range of 250 to 850 nm using xenon flash lamps, allowing measurements in the UV range, beneficial for applications such as tryptophan assays. It includes microplate reader control and data analysis software, SoftMax Pro Software, which comes with pre-written procedures for commonly used applications, saving time.
In April 2023, Dynex Technologies Inc., a U.S.-based company specializing in the design and manufacture of fully automated ELISA (Enzyme-Linked Immunosorbent Assay) and chemiluminescence microplate technology, partnered with Tecan Group Ltd. This partnership aims to improve the accessibility and distribution of ELISA immunoassays in the U.S. market. By integrating Tecan's innovative immunoassay technologies with DYNEX's automated processing systems, the collaboration seeks to provide more efficient and reliable diagnostic solutions, offering a broader test menu for various diseases. This benefits healthcare providers and patients with comprehensive diagnostic options. Tecan Group Ltd. is a Switzerland-based provider of microplate systems.
Major companies operating in the microplate systems market are Thermo Fisher Scientific Inc., Danaher Corporation, Corning Incorporated, Agilent Technologies Inc., Lonza Group AG, PerkinElmer, Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Bio-Rad Laboratories Inc., Bruker Corporation, Horiba Scientific, Eppendorf SE, Tecan Group Ltd., Hamilton Company, Greiner Bio-One International GmbH, Promega Corporation, Molecular Devices LLC, Berthold Technologies GmbH & Co. KG, BMG Labtech, Biochrom Ltd., JASCO, Enzo Life Sciences Inc., Accuris Instruments, Hudson Robotics Inc., Kbiosystems Ltd.
North America was the largest region in the microplate systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the microplate systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the microplate systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The microplate systems market consists of sales of consumables, calibration and maintenance tools, dispensers, shakers, and sealers. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Microplate Systems Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on microplate systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for microplate systems ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The microplate systems market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.