- The market is witnessing notable growth due to rising adoption of microplate-based technologies in diagnostic labs and research institutions
- Growing prevalence of chronic and infectious diseases is pushing demand for efficient diagnostic tools, contributing to wider market penetration
- North America dominated the microplate instrumentation and supplies market with the largest revenue share of 38.75% in 2024, driven by a high concentration of pharmaceutical companies and well-established research infrastructure
- Asia-Pacific region is expected to witness the highest growth rate in the global microplate instrumentation and supplies market, driven by increasing investments in biotechnology research, expanding pharmaceutical manufacturing capabilities, and the growing adoption of automation in clinical laboratories across countries such as China, India, and Japan
- The microplate readers segment held the largest revenue share of 37.6% in 2024, primarily driven by its critical role in various high-throughput screening applications across pharmaceutical and biotech sectors. These devices offer versatile detection modes, including absorbance, fluorescence, and luminescence, making them ideal for a broad range of assays such as ELISA and enzyme kinetics. The rapid adoption of automated and multi-mode readers further accelerates the segment's growth
