The global market for Microplate Systems is estimated at US$1.0 Billion in 2023 and is projected to reach US$1.4 Billion by 2030, growing at a CAGR of 4.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the microplate systems market is driven by several factors. One of the primary drivers is the rising prevalence of chronic diseases, which necessitates extensive research and development of new therapeutics and diagnostics. The demand for microplate systems is also led by rising demand from biotech firms for automated cell-based as well as biochemical assays, growing funding for laboratories, intensifying government initiatives in both developed and developing nations for adopting automated and sophisticated diagnostics in the healthcare sector, and favorable reimbursement policies in developed economies. The surge in high-throughput screening activities, particularly in pharmaceutical and biotechnology companies, has created a substantial demand for efficient and reliable microplate readers. Furthermore, the growing trend towards automation and miniaturization in laboratories has led to the adoption of microplate systems capable of integrating with robotic arms and automated workflows. Advances in molecular biology techniques, such as next-generation sequencing and CRISPR, also require high-throughput systems for sample preparation and analysis. Additionally, the increasing investment in research and development by governments and private organizations, especially in emerging economies, has fueled the expansion of this market. The rise of personalized medicine, which relies heavily on precise and rapid diagnostic tools, is another significant factor contributing to the growth of the microplate systems market.
The growth in the microplate systems market is driven by several factors. One of the primary drivers is the rising prevalence of chronic diseases, which necessitates extensive research and development of new therapeutics and diagnostics. The demand for microplate systems is also led by rising demand from biotech firms for automated cell-based as well as biochemical assays, growing funding for laboratories, intensifying government initiatives in both developed and developing nations for adopting automated and sophisticated diagnostics in the healthcare sector, and favorable reimbursement policies in developed economies. The surge in high-throughput screening activities, particularly in pharmaceutical and biotechnology companies, has created a substantial demand for efficient and reliable microplate readers. Furthermore, the growing trend towards automation and miniaturization in laboratories has led to the adoption of microplate systems capable of integrating with robotic arms and automated workflows. Advances in molecular biology techniques, such as next-generation sequencing and CRISPR, also require high-throughput systems for sample preparation and analysis. Additionally, the increasing investment in research and development by governments and private organizations, especially in emerging economies, has fueled the expansion of this market. The rise of personalized medicine, which relies heavily on precise and rapid diagnostic tools, is another significant factor contributing to the growth of the microplate systems market.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Microplate Readers segment, which is expected to reach US$851.2 Million by 2030 with a CAGR of a 5.2%. The Microplate Pipetting Systems & Dispensers segment is also set to grow at 3.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $381.1 Million in 2023, and China, forecasted to grow at an impressive 7.5% CAGR to reach $219.9 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Microplate Systems Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Microplate Systems Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Microplate Systems Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Agilent Technologies, Inc., Becton, Dickinson and Company, Beckman Coulter, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 155 Featured):
- Agilent Technologies, Inc.
- Becton, Dickinson and Company
- Beckman Coulter, Inc.
- A&D Company, Limited
- Avantor, Inc.
- Bellco Glass, Inc.
- Biochrom Ltd.
- Autobio Diagnostics Co., Ltd.
- Awareness Technology, Inc.
- Azure Biosystems, Inc.
- Berthold Technologies GmbH & Co. KG
- Biokit SA
- Andrew Alliance SA
- BIOBASE
- AID GmbH
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Agilent Technologies, Inc.
- Becton, Dickinson and Company
- Beckman Coulter, Inc.
- A&D Company, Limited
- Avantor, Inc.
- Bellco Glass, Inc.
- Biochrom Ltd.
- Autobio Diagnostics Co., Ltd.
- Awareness Technology, Inc.
- Azure Biosystems, Inc.
- Berthold Technologies GmbH & Co. KG
- Biokit SA
- Andrew Alliance SA
- BIOBASE
- AID GmbH
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 683 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 1 Billion |
| Forecasted Market Value ( USD | $ 1.4 Billion |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
