Global Microplate Reader Market has been driven by Increasing Prevalence of Chronic Diseases and Increasing Geriatric Population in the forecast period of 2019-2026

Microplate Reader Market is projected to register a substantial CAGR of 5.4% in the forecast period of 2019 to 2026. The new market report contains data for historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

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Drivers: Global Microplate Reader Market

  • Increasing Prevalence of Chronic Diseases
  • Increasing Geriatric Population

Restraint:

  • High Cost of Microplate Systems

Opportunities:

  • Technological Advancements of the Products
  • Strategic Initiatives by the Companies

Challenge:

  • Lack of skilled labour force

Market Trends:

Global Microplate Reader Market is categorized into five notable segments which are well system, product type, application, end user and distribution channel.

  • On the basis of well type, the market is segmented into 96 wells, 384 wells, 1536 wells and others.
  • On the basis of product type, the market is segmented into multi-mode microplate readers, automated ELISA systems, automated nucleic acid purification systems and single-mode microplate readers.
  • On the basis of application, the market is segmented into protein and nucleic acid detection, enzyme-linked immunosorbent assay (ELISA) and others.
  • On the basis of end user, the market is segmented into biotechnology and pharmaceutical companies, contract research organizations, diagnostic laboratories, hospital, research and academic institutes and others.
  • On the basis of distribution channel, the market is segmented into direct tenders and retail sales.

Major Players: Global Microplate Reader Market

Some of the major players operating in global microplate reader market are Molecular Devices, LLC, BioTek Instruments, Inc., Tecan Trading AG, Bio-Rad Laboratories, Inc., PerkinElmer Inc, Promega Corporation, Awareness Technology, Inc, Biochrom, BMG LABTECH GmbH, BERTHOLD TECHNOLOGIES GmbH & Co. KG, Dynex Technologies, High Technology, Inc, Hercuvan Lab Systems, Hudson Robotics, Lonza, Rayto Life and Analytical Sciences Co.,Ltd., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Thermo Fisher Scientific Inc. among others.

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