REPORT OUTLOOK
Market Size | CAGR | Dominating Region |
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USD 1336.79 million | 4.85% | North America |
By Product | By Application | Â By End User |
---|---|---|
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SCOPE OF THE REPORT
Microplate Systems Market Overview
The global microplate systems market is expected to grow at 4.85% CAGR from 2022 to 2029. It is expected to reach above 1336.79 USD million by 2029 from 805 USD million in 2020.
Microbial interactivity can be seen in biological interactions and processes that occur between microorganisms. Infections from plants, animals, and humans are all included. Microplate systems are widely regarded as one of the most important tools for studying how bacteria interact with one another. A microplate system is a laboratory instrument used for determining biological, chemical, and physical processes for research and experimental purposes. These systems are extremely useful for assessing gene expression reactions, biological processes, and protein measurement. The microplate system has uses in drug development, environmental monitoring, wastewater treatment, and fermented foods.
ATTRIBUTE | DETAILS |
Study period | 2020-2029 |
Base year | 2021 |
Estimated year | 2022 |
Forecasted year | 2022-2029 |
Historical period | 2018-2020 |
Unit | Value (USD Million) |
Segmentation | By Product, By Application, By End User, By Region |
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By Product |
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By Application
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 By End User  |
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 By Region  |
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Microplate systems are widely utilized in research and diagnostics, when rapid and high-throughput patient analysis is required. Assays, readers, dispensers, and software are all part of it. Another application for these microplate systems is in food safety. They have a wide range of uses in tests such as enzyme-linked immunosorbent assays, DNA/RNA quantification, cell migration assays, and protein assays. Diagnostic laboratories, biotechnology and pharmaceutical businesses, hospitals, and educational institutions are among the market’s primary end-users.
Furthermore, the market’s expansion is being driven primarily by rising R&D spending in the pharmaceutical industry, a greater emphasis on miniaturization, and an increase in illness prevalence. The increasing rate of R&D in the biopharmaceutical business, as evidenced by increased R&D expenditure, can be viewed as a key growth driver for the market. The number of pharma businesses, pharmaceutical and biotechnology industries have increased dramatically and have implemented modern, automated diagnostics in healthcare systems, particularly in emerging regions, as well as significant breakthroughs in assays in industrialized countries, creating opportunities for market expansion. The microplate systems market is likely to expand in the next few years as a result of factors such as increased demand for automated cell-based and biochemical tests in the biotechnology sectors and an increase in the frequency of chronic and infectious diseases.
However, the survival of small firms and new entrants in the microplate systems market is a huge issue, and enterprises must invest extensively to remain competitive. Also, in order to succeed in the market, market players must minimize operational expenses, which is extremely challenging for small firms and new entrants. Also, the rising cost of technologically advanced items as well as a lack of understanding about the availability of upgraded features in microplate systems is projected to hinder expansion in the microplate systems market to some extent.
The COVID-19 pandemic spread throughout the world and that disrupted the supply chain globally. Due to lockdown, the production process of all industries was halted, closed or diverted towards recovering the covid patients and that resulted in significant impact on microplate systems market. Now the world markets have opened-up, it is expected to gain potential growth in the microplate systems market. Given the present pandemic and the pharmaceutical and biotechnology industries’ contributions to curbing the virus’s spread by providing crucial medications, vaccinations, kits, and other supplies, the demand for microplate products is projected to rise in this market.
Microplate Systems Market Segment Analysis
The global microplate systems market is segmented by product, application, end user and region. Based on product segment, the microplate systems market includes Microplate Reader (Multi-mode, Single-mode), Microplate Washer, and Microplate Accessories. Microplate readers, pipetting systems and dispensers, microplate washers, and microplate accessories and software comprise the microplate systems market. During the forecast period, the consumables segment is expected to increase the most. The rising prevalence of diseases, the increased emphasis on drug discovery, and rising R&D expenditure by pharmaceutical corporations are the primary drivers driving the expansion of this market.
The microplate systems market can be classified based on the application that is Drug Discovery, Clinical Diagnostics. The drug discovery category held the greatest market share. This segment’s considerable share can be ascribed to the requirement for high-/ultra-high-throughput screening as well as shortened drug time-to-market. Microplate systems are widely used in modern drug discovery and development activities, as well as genomic and proteomic research, because they improve test speed and accuracy, saving time and allowing researchers to focus on core tasks.
Based on the end user segment, the microplate systems market includes Hospital, Biotechnology & Pharmaceutical Companies, and Diagnostic Laboratories. The biotechnology and pharmaceutical industries held the highest share of the microplate systems market. The key driving driver for this market is increased government support in the form of financing for biotech and pharma research.
Microplate Systems Market Players
The global microplate systems market key players include Bio-Rad Laboratories Inc., PerkinElmer, Danaher Corporation, Thermo Fisher Scientific, Agilent Technologies Inc., Tecan, BMG Labtech, Promega Corporation, Enzo Life Sciences Inc., Berthold Technologies, Biochrom, Corning and others.
Various businesses are focusing on organic growth tactics such as new launches, product approvals, and other things like patents and events. Mergers &Â Acquisitions, partnerships, and collaborations were among the inorganic growth tactics observed in the market. These initiatives such as developing new products and upgrading others, have paved the road for market participants to expand their business. These market players in the microplate systems market are expected to benefit from attractive growth prospects in the future.
Who Should Buy? Or Key Stakeholders
- Government and research organization
- Investors
- Trade Associations
- IT sector
- Microplate system Manufacturers
- Scientific research organization
- Healthcare Industry
- Science Laboratories
Microplate Systems Market Regional Analysis
The microplate systems market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
North America has a dominating share in the global microplate systems market due to rising demand for diagnostic research, bio-based research and increase in chronic diseases and technology advancements in the healthcare industry.
Key Market Segments: Microplate Systems Market
Microplate Systems Market By Type, 2020-2029, (USD Million)
- Microplate Reader
- Multi-Mode
- Single-Mode
- Microplate Washer
- Microplate Accessories
Microplate Systems Market By Platform, 2020-2029, (USD Million)
- Drug Discovery
- Clinical Diagnostics
Microplate Systems Market By Application, 2020-2029, (USD Million)
- Hospital
- Diagnostic Laboratories
- Biotechnology & Pharmaceutical Companies
Microplate Systems Market By Region, 2020-2029, (USD Million)
- North America
- Europe
- Asia Pacific
- South America
- Middle East And Africa
Important Countries In All Regions Are Covered
Table of Content
- Introduction
- Market Definition
- Market Segmentation
- Research Timelines
- Assumptions and Limitations
- Research Methodology
- Data Mining
- Secondary Research
- Primary Research
- Subject-Matter Experts’ Advice
- Quality Checks
- Final Review
- Data Triangulation
- Bottom-Up Approach
- Top-Down Approach
- Research Flow
- Data Sources
- Data Mining
- Executive Summary
- Market Overview
- Global Microplate Systems Market Outlook
- Market Drivers
- Market Restraints
- Market Opportunities
- Impact of Covid-19 On Microplate Systems Market
- Porter’s five forces model
- Threat from new entrants
- Threat from substitutes
- Bargaining power of suppliers
- Bargaining power of customers
- Degree of competition
- Industry value chain Analysis
- Global Microplate Systems Market Outlook
- Global Microplate Systems Market by Product (USD Million)
- Microplate Reader
- Multi-mode
- Single-mode
- Microplate Washer
- Microplate Accessories
- Microplate Reader
- Global Microplate Systems Market by Application (USD Million)
- Drug Discovery
- Clinical Diagnostics
- Global Microplate Systems Market by End User (USD Million)
- Hospital
- Diagnostic Laboratories
- Global Microplate Systems Market by Region
- North America
- US
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Colombia
- Rest Of South America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest Of Europe
- Asia Pacific
- India
- China
- Japan
- South Korea
- Australia
- South-East Asia
- Rest Of Asia Pacific
- Middle East and Africa
- UAE
- Saudi Arabia
- South Africa
- Rest Of Middle East and Africa
- North America
- Company Profiles* (Business Overview, Company Snapshot, Products Offered, Recent Developments)
- Bio-Rad Laboratories Inc.
- Perkinelmer
- Danaher Corporation
- Thermo Fisher Scientific
- Agilent Technologies Inc.
- Tecan
- BMG Labtech
- Promega Corporation
- Enzo Life Sciences Inc.
- Berthold Technologies
- Biochrom
- Corning
*The Company List Is Indicative
LIST OF TABLES
TABLE 1Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 2Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 3Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 4Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL MICROPLATE SYSTEMS MARKET BY REGION (USD MILLIONS) 2020-2029
TABLE 5 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â US MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 6Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â US MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 7Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â US MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 8Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 9Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 10Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 11Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 12Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 13Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 14Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 15Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 16Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 17Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 18Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 19Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 20Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 21Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 22Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 23Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 24Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 25Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 26Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 27Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 28Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 29Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 30Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 31Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 32Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 33Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 34Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 35Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 36Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 37Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 38Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 39Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 40Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 41Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 42Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 43Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 44Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 45Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 46Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 47Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 48Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 49Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 50Â Â Â Â Â Â Â Â Â Â Â Â Â UK MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 51Â Â Â Â Â Â Â Â Â Â Â Â Â UK MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 52Â Â Â Â Â Â Â Â Â Â Â Â Â UK MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 53Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 54Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 55Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 56Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 57Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 58Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 59Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 60Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 61Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 62Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 63Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 64Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 65Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 66Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 67Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 68Â Â Â Â Â Â Â Â Â Â Â Â Â UAE MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 69Â Â Â Â Â Â Â Â Â Â Â Â Â UAE MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 70Â Â Â Â Â Â Â Â Â Â Â Â Â UAE MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 71Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 72Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 73Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 74Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 75Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 76Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
TABLE 77Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA MICROPLATE SYSTEMS MARKET BY PRODUCT (USD MILLIONS) 2020-2029
TABLE 78Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA MICROPLATE SYSTEMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 79Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA MICROPLATE SYSTEMS MARKET BY END USER (USD MILLIONS) 2020-2029
LIST OF FIGURES
FIGURE 1Â Â Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â Â Â Â Â GLOBAL MICROPLATE SYSTEMS MARKET BY PRODUCT, USD MILLION, 2020-2029
FIGURE 9Â Â Â Â Â Â Â GLOBAL MICROPLATE SYSTEMS MARKET BY APPLICATION, USD MILLION, 2020-2029
FIGURE 10Â Â Â Â GLOBAL MICROPLATE SYSTEMS MARKET BY END USER, USD MILLION, 2020-2029
FIGURE 11Â Â Â Â GLOBAL MICROPLATE SYSTEMS MARKET BY REGION, USD MILLION, 2020-2029
FIGURE 12          PORTER’S FIVE FORCES MODEL
FIGURE 13Â Â Â Â Â Â Â Â Â Â NORTH AMERICA MICROPLATE SYSTEMS MARKET SNAPSHOT
FIGURE 14Â Â Â Â Â Â Â Â Â Â EUROPE MICROPLATE SYSTEMS MARKET SNAPSHOT
FIGURE 15Â Â Â Â Â Â Â Â Â Â ASIA PACIFIC MICROPLATE SYSTEMS MARKET SNAPSHOT
FIGURE 16Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA MICROPLATE SYSTEMS MARKET SNAPSHOT
FIGURE 17Â Â Â Â Â Â Â Â Â Â MIDDLE EAST & AFRICA MICROPLATE SYSTEMS MARKET SNAPSHOT
FIGURE 18Â Â Â Â Â Â Â Â Â Â BIO-RAD LABORATORIES INC.: COMPANY SNAPSHOT
FIGURE 19Â Â Â Â Â Â Â Â Â Â PERKINELMER: COMPANY SNAPSHOT
FIGURE 20Â Â Â Â Â Â Â Â Â Â DANAHER CORPORATION: COMPANY SNAPSHOT
FIGURE 21Â Â Â Â Â Â Â Â Â Â THERMO FISHER SCIENTIFIC: COMPANY SNAPSHOT
FIGURE 22Â Â Â Â Â Â Â Â Â Â AGILENT TECHNOLOGIES INC.: COMPANY SNAPSHOT
FIGURE 23Â Â Â Â Â Â Â Â Â Â TECAN, BMG LABTECH: COMPANY SNAPSHOT
FIGURE 24Â Â Â Â Â Â Â Â Â Â PROMEGA CORPORATION: COMPANY SNAPSHOT
FIGURE 25Â Â Â Â Â Â Â Â Â Â ENZO LIFE SCIENCES INC.: COMPANY SNAPSHOT
FIGURE 26Â Â Â Â Â Â Â Â Â Â BERTHOLD TECHNOLOGIES: COMPANY SNAPSHOT
FIGURE 27Â Â Â Â Â Â Â Â Â Â BIOCHROM: COMPANY SNAPSHOT
FIGURE 28Â Â Â Â Â Â Â Â Â Â CORNING: COMPANY SNAPSHOT
FAQ
The Microplate Systems market size has crossed USDÂ 805 million in 2020 and will observe a CAGR of more than 4.85% up to 2029 driven by the rising healthcare IT
North America accounted for a 42% share of the microplate systems market in 2020 and is expected to maintain its dominance during the forecast period.
Rising R&D spending in the pharmaceutical industry, a greater emphasis on miniaturization, and an increase in illness prevalence are driving the market growth. The rising cost of technologically advanced items as well as a lack of understanding about the availability of upgraded features in microplate systems is projected to hinder expansion in the microplate systems market. Due to increased demand for automated cell-based and biochemical tests in the biotechnology sectors and an increase in the frequency of chronic and infectious diseases, the market will boost up.
There are government programmers for cell-based research, growing acceptance of personalized medicine, increased academic and government spending in diagnostic research, and a greater emphasis on drug discovery and development in the North American region. North America accounted for a large share of the microplate systems market in 2020 and is expected to maintain its dominance during the forecast period.
Due to the rising technological advancements and consistent research in drug discovery activities, Asia-Pacific is expected to have the highest CAGR in coming years.
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