Microplates Market Report: Trends, Forecast and Competitive Analysis to 2030
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Microplates Trends and Forecast
The future of the global microplates market looks promising with opportunities in the biotechnology & pharmaceutical company, hospital & diagnostic laboratory, and academic & research institute markets. The global microplates market is expected to reach an estimated $1.4 billion by 2030 with a CAGR of 4.0% from 2024 to 2030. The major drivers for this market are rise in the elderly population, a surge in product launches by key industry players, and the escalating prevalence of chronic and infectious diseases.
Lucintel forecasts that microplate readers is expected to witness highest growth over the forecast period due to their high durability and require minimal maintenance.
Within this market, hospital & diagnostic laboratories will remain the largest segment due to the increasing prevalence of chronic, infectious and other diseases.
North America will remain the largest region over the forecast period due to increasing demand of microplating and research and development activities in the region.
Emerging Trends in the Microplates Market
The changing face of technological development pushing towards increased use of automated machinery and sustainability in most sectors has brought about several emerging trends in the industry. These trends are influencing how microplates are being developed and applied across various fields including pharmaceuticals, biotechnology, environmental testing among others thus stakeholders need to understand them so as to exploit growth opportunities while still addressing challenges.
Recent Developments in the Microplates Market
The recent developments within the microplates market demonstrate how the sector has transformed. Technological innovation is one change depicted by these events while others include evolving industry demand as well as focus area shifts. Key developments consist of improvement in microplate materials incorporation of new technologies; advancement in manufacturing processes among other things’ leading to the present state of this market.
Strategic Growth Opportunities for Microplates Market
Advancements in technology coupled with rising research needs together with changing industry dynamics provide several strategic growth opportunities within the microplates market. Exploiting these prospects can allow operators increase their market presence while spurring innovation. High-throughput screening, environmental testing, personalized medicine, laboratory automation are some key application areas expected to attract investment on this basis. This is pivotal when it comes to identifying potential segments for expansion or investment.
Microplates Market Driver and Challenges
The growth and development prospects of the microplates market are affected by various drivers and challenges that impact its growth rates. Technological advancements, economic conditions, regulatory factors all shape the landscape of this market. Understanding these drivers/challenges will enable stakeholders effectively navigate through the market while taking advantage of potential barriers to entry.
The factors responsible for driving the microplates market include:
1. Technological Advancements: Constant technological advancements in terms of design as well as manufacturing processes for microplates are among key propellers driving market expansion. These innovations include high-density microwells plates with advanced coatings that enhance their performance/functionality when combined with automated systems; thereby support an increasing demand for HTS [high-throughput screening] applications used for diagnostic purposes or researches requiring precision.
2. Increasing Demand for High-Throughput Screening: The growing need for high-throughput screening in drug discovery, genomics, proteomics has boosted the demand for microplates. For instance; more efficient assay technologies along with high-density microwells plates facilitate better/faster screening. This is because with faster and more comprehensive research and diagnostic capabilities, the need for tighter control in this field has increased.
3. Focus on Environmental Sustainability: In this context, the practice of laboratory scientists towards environmentally friendly microplates is being strengthened. As laboratories look to minimize environmental footprints, biodegradable and recyclable microplates are getting popular. Hence this focus on sustainable development therefore also fits within broader initiatives aimed at fostering responsible science as well as eco-friendly practices.
4. Rising Investment in Research and Development: The presence of huge sums of money in research and development is catalyzing innovation within the microplates market. Such technology development can be funded by public funding such as grants or private sector outlays amongst others. Increased investments into these components drive innovations in design while expanding areas where these plates can be used.
5. Growth in Personalized Medicine: Increasing demand for personalized medicine has led to a rising need for custom-designed microplate solutions. Specifically, targeted biomarkers, genetic profiles, therapeutic objectives are perfect examples where customized plates have enhanced the efficiency of personalized therapy or diagnosis respectively. The movement towards individualized healthcare and precision medicine also explains why this driver is becoming increasingly important.
Challenges in the microplates market are:
1. High Costs of Advanced Technologies: However expensive manufacturing processes that require expensive materials may limit accessibility if not affordability by some users thereby creating an impediment to growth based upon high costs associated with state-of-the-art technologies within this industry. Therefore if it comes down to addressing cost-related challenges there must be wide spread use before market opens up.
2. Regulatory and Compliance Issues: Regulatory issues related to microplate technologies represent a challenge for the market today. For successful marketing campaigns to take place; regulatory standards should be adhered to; safety concerns should also be addressed by manufacturers which means that thorough testing needs to occur before any new products can enter commercialization stages thus slowing down their development process too much.
3. Market Competing and Overload: In the microplates industry, intense competition coupled with market saturation can be difficult for firms trying to distinguish themselves and sustain market share. The high number of players in the sector and fast-changing technologies necessitate continuous innovation as well as strategic positioning to achieve success in a competitive environment.
Some of the drivers that influence this market include technological advancements, demand for increased screening speed, emphasis on environmental protection, increased investment in research and development (R&D), and personalization of medicine. Some challenges are prohibitive costs; regulatory compliance issues; and competition among other marketers. These drivers and challenges need to be understood by stakeholders so that they can effectively navigate through the market, exploit prospects for profitable growth, while sustaining their business within this dynamic microplate industry.
List of Microplates Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies microplates companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the microplates companies profiled in this report include-
The study includes a forecast for the global microplates by product, application, end use, and region.
Microplates Market by Product [Analysis by Value from 2018 to 2030]:
There are breakthroughs in the microplates market, which includes microtiter plates and other small-scale plate formats for various applications. These improvements are anchored on technology advancements, increased demand for high throughput screening and laboratory automation. Microplate use has expanded beyond the confines of typical fields such as pharmaceuticals and diagnostics into biotechnology, environmental testing and food safety. Mainly reflecting regional as well as global trends, key markets like the USA, China, Germany, India and Japan are leading these developments. This stems from the need for efficient cost effective solutions in research and diagnostics thereby emphasizing the importance of microplates in modern scientific and industrial processes.
Market Size Estimates: Microplates market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Microplates market size by product, application, end use, and region in terms of value ($B).
Regional Analysis: Microplates market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, applications, end uses, and regions for the microplates market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the microplates market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
If you are looking to expand your business in this or adjacent markets, then contact us. We have done hundreds of strategic consulting projects in market entry, opportunity screening, due diligence, supply chain analysis, M & A, and more.
FAQ
Q.1 What is the microplates market size?
Answer: The global microplates market is expected to reach an estimated $1.4 billion by 2030.
Q.2 What is the growth forecast for microplates market?
Answer: The global microplates market is expected to grow with a CAGR of 4.0% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the microplates market?
Answer: The major drivers for this market are rise in the elderly population, a surge in product launches by key industry players and the escalating prevalence of chronic and infectious diseases.
Q4. What are the major segments for microplates market?
Answer: The future of the microplates market looks promising with opportunities in the biotechnology & pharmaceutical company, hospital & diagnostic laboratory, and academic & research institute markets.
Q5. Who are the key microplates market companies?
Answer: Some of the key microplates companies are as follows:
Answer: Lucintel forecasts that microplate readers is expected to witness highest growth over the forecast period due to their high durability and require minimal maintenance.
Q7. In microplates market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to increasing demand of microplating and research and development activities in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the microplates market by product (microplate readers, single-mode microplate readers, microplate pipetting systems & dispensers, microplate washers, and microplate accessories & software), application (clinical diagnostics, drug discovery, genomics & proteomics research, and others), end use (biotechnology & pharmaceutical companies, hospital & diagnostic laboratories, and academic & research institutes), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Microplates Market, Microplates Market Size, Microplates Market Growth, Microplates Market Analysis, Microplates Market Report, Microplates Market Share, Microplates Market Trends, Microplates Market Forecast, Microplates Companies, write Lucintel analyst at email: [email protected]. We will be glad to get back to you soon.
Market Report
Microplates Trends and Forecast
The future of the global microplates market looks promising with opportunities in the biotechnology & pharmaceutical company, hospital & diagnostic laboratory, and academic & research institute markets. The global microplates market is expected to reach an estimated $1.4 billion by 2030 with a CAGR of 4.0% from 2024 to 2030. The major drivers for this market are rise in the elderly population, a surge in product launches by key industry players, and the escalating prevalence of chronic and infectious diseases.
Lucintel forecasts that microplate readers is expected to witness highest growth over the forecast period due to their high durability and require minimal maintenance.
Within this market, hospital & diagnostic laboratories will remain the largest segment due to the increasing prevalence of chronic, infectious and other diseases.
North America will remain the largest region over the forecast period due to increasing demand of microplating and research and development activities in the region.
Emerging Trends in the Microplates Market
The changing face of technological development pushing towards increased use of automated machinery and sustainability in most sectors has brought about several emerging trends in the industry. These trends are influencing how microplates are being developed and applied across various fields including pharmaceuticals, biotechnology, environmental testing among others thus stakeholders need to understand them so as to exploit growth opportunities while still addressing challenges.
- Integration with Automation and Robotics: The integration of these plates with automation systems or robots is one of major changes. In high throughput screening & laboratory workflows, automated systems & robotic platforms now handle these plates more frequently . By minimizing human error through reducing manual handling, this trend promotes repeatability accuracy as well as time saving within such processes. This means that researchers have a capacity for processing many samples concurrently allowing them to generate results faster, which also applies to diagnostic tests that require high throughput plus accuracy.
- Advancements in High-Density Microplates: For example high-density plates where per each plate there are many wells are rapidly gaining popularity. As a result, they can support more assays or samples hence becoming ideal for large scale screenings as well as intricate experimental designs . In addition, the advancements in high-density microplate technologies are aiding their compatibility with diverse assay formats. The reason for this trend is to try and find a more efficient and cost-effective solution for genomics, proteomics and drug discovery.
- Development of Eco-Friendly Microplates: Developing eco-friendly microplates has become a priority due to environmental concerns. These manufacturers use biodegradable or recyclable materials in order to reduce the environmental impact caused by these plates. This is an indication of how sustainability issues are being addressed in laboratory practices as well. Eco-friendly microplates minimize wastage as well as enhance sustainable research and diagnostic activities that go hand-in-hand with minimizing plastic consumption globally.
- Customization and Tailored Solutions: There is rising demand for custom-made microplates solutions being sought after by researchers and laboratories. For example, some may want specific surface treatments, material makeup or even have different well patterns designed on them. Other than improving the performance of the assays tailored ones are perfectly compatible for specialized applications hence enhancing efficiency and accuracy associated with them. This shift reflects the need for greater precision plus personalization within clinical diagnostics as well as research contexts.
- Enhanced Surface Chemistry and Functionalization: Innovations within surface chemistry and functionalization are advancing microplates performance. Enhancements in surface treatments, coatings are aimed to optimize binding properties, reduce non-specific interactions, and improve assay sensitivity. They aid in achieving more accurate outcomes across a range of applications including drug discovery, diagnostics and environmental testing. The development of high-performance microplates that can cope with demands of modern research and clinical applications is highly dependent on improved surface chemistry.
Recent Developments in the Microplates Market
The recent developments within the microplates market demonstrate how the sector has transformed. Technological innovation is one change depicted by these events while others include evolving industry demand as well as focus area shifts. Key developments consist of improvement in microplate materials incorporation of new technologies; advancement in manufacturing processes among other things’ leading to the present state of this market.
- Introduction of High-Density Microplates: Introduction a high-density Microplate is one crucial milestone made by this market lately. These plates have more wells compared to standard ones thus enabling higher sample throughputs or more complex experimental designs. High density microplated are especially important for screening applications with huge data sets generated during such screenings. The invention enhances processing efficiency reducing cost related to samples making it essential breakthrough for diagnosis tools alongside research purposes.
- Advancements in Microplate Coatings: Recent advancements in microplate coatings are enhancing assay performance and reliability. The latest coating technologies improve binding efficiency, minimize background noise, and increase assay sensitivity. These improvements are important for highly precise diagnostic assays such as immunoassay or genomics applications. Better coatings provide more reliable results and enhance reproducibility in experimental or diagnostic settings.
- Integration with Laboratory Automation: Integration of microplates into laboratory automation systems has been changing workflows while improving the processes’ productivity. Automated handling systems for microplates simplify steps like sample preparation, running assays, analyzing data etc.. This integration has reduced manual manipulation errors thereby increasing throughput rates. Labs seek greater speed and accuracy hence increased emphasis on automated procedures.
- Focus on Eco-Friendly Microplates: Development eco-friendly microplates have become a trend as a result of environmental concerns. Manufacturers are investigating biodegradable and recyclable materials with which to make microplates that will not harm the environment. This sustainability drive fits into broader efforts to reduce plastic waste and foster responsible lab practices. Significantly, this represents progress towards addressing environmental issues within the scientific community through the production of environmentally friendly microplates
- Customization and Tailored Microplates: Trendy customization and personalized micro plates has made researchers find solutions to their specific needs. They are used by a range of experimental scientists for dedicated experiments that can be arranged into unique wells, surface treatments and materials designed for optimal performance in special applications. The increasing demand for precision and flexibility in research and diagnostics is the driving force behind this development. Tailored microplates are more efficient and accurate in responding to different requirements of modern
Strategic Growth Opportunities for Microplates Market
Advancements in technology coupled with rising research needs together with changing industry dynamics provide several strategic growth opportunities within the microplates market. Exploiting these prospects can allow operators increase their market presence while spurring innovation. High-throughput screening, environmental testing, personalized medicine, laboratory automation are some key application areas expected to attract investment on this basis. This is pivotal when it comes to identifying potential segments for expansion or investment.
- High-Throughput Screening: High-throughput screening (HTS) represents one area where increased revenue could come from more sales generated through higher volumes into this line of business or unit. During drug discovery process both genomics and proteomics require high density plates which have advanced features hence increasing demand for them accordingly. Supporting better throughput and accuracy; such as more wells per plate and improved coatings for surfaces, are examples of the recent strides in microplate technology. These tests help drug discovery to proceed faster; hence, increasing the speed of pharmaceutical research.
- Environmental Testing: One growing area of environmental testing is that drawn from the industry sector emphasizing on environmental monitoring and safety. Through water, soil as well as air assessments, microplates will be used in assays that check for contaminants, pollutants and toxins. New developments in microplate tech have led to higher sensitivity levels and better compatibility with different environment samples thus enabling more accurate results to be obtained with less error margins than ever before. This opportunity is driven by increasing public concerns about environmental protection measures and stricter legal frameworks.
- Personalized Medicine: On the other hand personalized medicine is giving rise to a demand for patient-centered or individualized therapeutic approaches that require customized microplates specifically designed for particular patients. They improve personalized therapies based on the ability of these containers to identify specific biomarkers, gene profiles or diseases being treated through such methods. Improved performance of personalized medicine has been achieved using various sorts of surface chemistries including tailored ones which are compatible with unique forms like wells within any given single plate format depending upon whether it is used for high-throughput diagnostic analyses or others. The trend towards personalized health care services has accelerated the growth opportunities in this industry.
- Laboratory Automation: Another avenue for growth comes from integrating laboratory automation systems with microplates. In terms of sample handling, assay processing and data analysis there has been a move towards automated platforms that have made research as well as diagnostics work become more efficient and faster than before. Micro-plates should be designed to work well with automated machinery so that their use can facilitate smooth workflow while also reducing manual interventions in labs engaged mainly in high throughput screening activities . Quick and accurate results are necessary for such tests because of their high degree of sophistication and importance.
- Advanced Microplate Materials: The development of advanced microplate materials which are opening up new avenues for growth. Innovations in material sciences like enhanced biocompatibility, chemical resistance and biodegradability have improved performance and sustainability of microplates. Advanced materials are enabling new applications and enhancing the accuracy and reliability of assays. This growth opportunity also fits trends towards greener and higher-performing laboratory solutions.
Microplates Market Driver and Challenges
The growth and development prospects of the microplates market are affected by various drivers and challenges that impact its growth rates. Technological advancements, economic conditions, regulatory factors all shape the landscape of this market. Understanding these drivers/challenges will enable stakeholders effectively navigate through the market while taking advantage of potential barriers to entry.
The factors responsible for driving the microplates market include:
1. Technological Advancements: Constant technological advancements in terms of design as well as manufacturing processes for microplates are among key propellers driving market expansion. These innovations include high-density microwells plates with advanced coatings that enhance their performance/functionality when combined with automated systems; thereby support an increasing demand for HTS [high-throughput screening] applications used for diagnostic purposes or researches requiring precision.
2. Increasing Demand for High-Throughput Screening: The growing need for high-throughput screening in drug discovery, genomics, proteomics has boosted the demand for microplates. For instance; more efficient assay technologies along with high-density microwells plates facilitate better/faster screening. This is because with faster and more comprehensive research and diagnostic capabilities, the need for tighter control in this field has increased.
3. Focus on Environmental Sustainability: In this context, the practice of laboratory scientists towards environmentally friendly microplates is being strengthened. As laboratories look to minimize environmental footprints, biodegradable and recyclable microplates are getting popular. Hence this focus on sustainable development therefore also fits within broader initiatives aimed at fostering responsible science as well as eco-friendly practices.
4. Rising Investment in Research and Development: The presence of huge sums of money in research and development is catalyzing innovation within the microplates market. Such technology development can be funded by public funding such as grants or private sector outlays amongst others. Increased investments into these components drive innovations in design while expanding areas where these plates can be used.
5. Growth in Personalized Medicine: Increasing demand for personalized medicine has led to a rising need for custom-designed microplate solutions. Specifically, targeted biomarkers, genetic profiles, therapeutic objectives are perfect examples where customized plates have enhanced the efficiency of personalized therapy or diagnosis respectively. The movement towards individualized healthcare and precision medicine also explains why this driver is becoming increasingly important.
Challenges in the microplates market are:
1. High Costs of Advanced Technologies: However expensive manufacturing processes that require expensive materials may limit accessibility if not affordability by some users thereby creating an impediment to growth based upon high costs associated with state-of-the-art technologies within this industry. Therefore if it comes down to addressing cost-related challenges there must be wide spread use before market opens up.
2. Regulatory and Compliance Issues: Regulatory issues related to microplate technologies represent a challenge for the market today. For successful marketing campaigns to take place; regulatory standards should be adhered to; safety concerns should also be addressed by manufacturers which means that thorough testing needs to occur before any new products can enter commercialization stages thus slowing down their development process too much.
3. Market Competing and Overload: In the microplates industry, intense competition coupled with market saturation can be difficult for firms trying to distinguish themselves and sustain market share. The high number of players in the sector and fast-changing technologies necessitate continuous innovation as well as strategic positioning to achieve success in a competitive environment.
Some of the drivers that influence this market include technological advancements, demand for increased screening speed, emphasis on environmental protection, increased investment in research and development (R&D), and personalization of medicine. Some challenges are prohibitive costs; regulatory compliance issues; and competition among other marketers. These drivers and challenges need to be understood by stakeholders so that they can effectively navigate through the market, exploit prospects for profitable growth, while sustaining their business within this dynamic microplate industry.
List of Microplates Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies microplates companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the microplates companies profiled in this report include-
- Greiner Bio One
- Corning Incorporated
- Thermo Fisher Scientific
- Eppendorf
- PerkinElmer
- Becton & Dickinson
- Qiagen
- Avantor
- Spl Life Sciences
- Porvair Sciences
The study includes a forecast for the global microplates by product, application, end use, and region.
Microplates Market by Product [Analysis by Value from 2018 to 2030]:
- Microplate Readers
- Single-Mode Microplate Readers
- Microplate Pipetting Systems & Dispensers
- Microplate Washers
- Microplate Accessories & Software
- Clinical Diagnostics
- Drug Discovery
- Genomics & Proteomics Research
- Others
- Biotechnology & Pharmaceutical Companies
- Hospital & Diagnostic Laboratories
- Academic & Research Institutes
- North America
- Europe
- Asia Pacific
- The Rest of the World
There are breakthroughs in the microplates market, which includes microtiter plates and other small-scale plate formats for various applications. These improvements are anchored on technology advancements, increased demand for high throughput screening and laboratory automation. Microplate use has expanded beyond the confines of typical fields such as pharmaceuticals and diagnostics into biotechnology, environmental testing and food safety. Mainly reflecting regional as well as global trends, key markets like the USA, China, Germany, India and Japan are leading these developments. This stems from the need for efficient cost effective solutions in research and diagnostics thereby emphasizing the importance of microplates in modern scientific and industrial processes.
- USA: Functionality and versatility are the major focuses of recent activities in the US market on microplates. Companies are now developing multi-well plate formats including higher density plates used in genomics and proteomics applications. Improvement of assay performance with advancements in coating technologies is aiding noise reduction during assays making it more sensitive or specific to targets or analytes under observation. Furthermore there is a growing emphasis towards automated systems integration with robotics to reduce workflows or increase throughput. The rise of eco-friendly and recyclable microplates can be traced back to rising consciousness about environmental sustainability within lab practices in America.
- China: China market for microplates is rapidly growing due to an upsurge in biotechnology and pharmaceutical studies. Recent developments include introduction of high-throughput screening plates that can support drug discovery on a large scale as well as diagnostic applications. Chinese manufacturers have been making investments into advanced production technologies to improve quality as well as precision for their implants. There is also a rise in demand for customized mi plates meant for particular research objectives. Additionally, government support towards healthcare by Chinese authorities has fueled innovation resulting to widened access to sophisticated microplate technologies.
- Germany: Microplates manufacturers from Germany focus heavily on precision manufacturing and top quality products. Recent advances include the development of chemically resistant miplates compatible with various assay formats. Furthermore, German companies lead in the integration of miplates into sophisticated detection systems which aids improving data accuracy and reliability. These look to optimize for performance in such fields as genomics and personalized medicine. Due to its strong emphasis on R&D and robust quality standards, Germany continues to drive innovation as well as maintain high levels of excellence in microplate manufacturing.
- India: The Indian market for microplates is expanding due to rising investments in health care infrastructure and research facilities. Recent developments include the adoption of advanced microplate technologies by diagnostic labs and research institutions. Indian companies are emphasizing on cost effective plates that serve both academic and clinical needs. The use of multiplexed microplate assays is becoming more popular thus enhancing disease diagnosis or management effectiveness. The market also undergoes improvements in how it manufactures them thereby leading to higher quality, affordable implants.
- Japan: In Japan, the microplates market is characterized by novel initiatives meant to enhance assay sensitivity and automation. For instance, recent innovations have seen the establishment of advanced surface treatments for microplates to improve binding efficiency and decrease non-specific interactions. Furthermore, Japanese firms are investing in microplates that can be used with next-generation sequencing and other high-throughput technologies. The focus on precision and reliability has led to new developments in microplate technology with an emphasis on meeting the current needs of front-line research and clinical applications. This is a significant cause behind the evolution of microplate solutions across Japan technology-oriented markets.
Market Size Estimates: Microplates market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Microplates market size by product, application, end use, and region in terms of value ($B).
Regional Analysis: Microplates market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, applications, end uses, and regions for the microplates market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the microplates market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
If you are looking to expand your business in this or adjacent markets, then contact us. We have done hundreds of strategic consulting projects in market entry, opportunity screening, due diligence, supply chain analysis, M & A, and more.
FAQ
Q.1 What is the microplates market size?
Answer: The global microplates market is expected to reach an estimated $1.4 billion by 2030.
Q.2 What is the growth forecast for microplates market?
Answer: The global microplates market is expected to grow with a CAGR of 4.0% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the microplates market?
Answer: The major drivers for this market are rise in the elderly population, a surge in product launches by key industry players and the escalating prevalence of chronic and infectious diseases.
Q4. What are the major segments for microplates market?
Answer: The future of the microplates market looks promising with opportunities in the biotechnology & pharmaceutical company, hospital & diagnostic laboratory, and academic & research institute markets.
Q5. Who are the key microplates market companies?
Answer: Some of the key microplates companies are as follows:
- Greiner Bio One
- Corning Incorporated
- Thermo Fisher Scientific
- Eppendorf
- PerkinElmer
- Becton & Dickinson
- Qiagen
- Avantor
- Spl Life Sciences
- Porvair Sciences
Answer: Lucintel forecasts that microplate readers is expected to witness highest growth over the forecast period due to their high durability and require minimal maintenance.
Q7. In microplates market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to increasing demand of microplating and research and development activities in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the microplates market by product (microplate readers, single-mode microplate readers, microplate pipetting systems & dispensers, microplate washers, and microplate accessories & software), application (clinical diagnostics, drug discovery, genomics & proteomics research, and others), end use (biotechnology & pharmaceutical companies, hospital & diagnostic laboratories, and academic & research institutes), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Microplates Market, Microplates Market Size, Microplates Market Growth, Microplates Market Analysis, Microplates Market Report, Microplates Market Share, Microplates Market Trends, Microplates Market Forecast, Microplates Companies, write Lucintel analyst at email: [email protected]. We will be glad to get back to you soon.
Market Report
1. EXECUTIVE SUMMARY
2. GLOBAL MICROPLATES MARKET : MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Microplates Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Microplates Market by Product
3.3.1: Microplate Readers
3.3.2: Single-Mode Microplate Readers
3.3.3: Microplate Pipetting Systems & Dispensers
3.3.4: Microplate Washers
3.3.5: Microplate Accessories & Software
3.4: Global Microplates Market by Application
3.4.1: Clinical Diagnostics
3.4.2: Drug Discovery
3.4.3: Genomics & Proteomics Research
3.4.4: Others
3.5: Global Microplates Market by End Use
3.5.1: Biotechnology & Pharmaceutical Companies
3.5.2: Hospital & Diagnostic Laboratories
3.5.3: Academic & Research Institutes
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030
4.1: Global Microplates Market by Region
4.2: North American Microplates Market
4.2.1: North American Microplates Market by Product: Microplate Readers, Single-Mode Microplate Readers, Microplate Pipetting Systems & Dispensers, Microplate Washers, and Microplate Accessories & Software
4.2.2: North American Microplates Market by End Use: Biotechnology & Pharmaceutical Companies, Hospital & Diagnostic Laboratories, and Academic & Research Institutes
4.3: European Microplates Market
4.3.1: European Microplates Market by Product: Microplate Readers, Single-Mode Microplate Readers, Microplate Pipetting Systems & Dispensers, Microplate Washers, and Microplate Accessories & Software
4.3.2: European Microplates Market by End Use: Biotechnology & Pharmaceutical Companies, Hospital & Diagnostic Laboratories, and Academic & Research Institutes
4.4: APAC Microplates Market
4.4.1: APAC Microplates Market by Product: Microplate Readers, Single-Mode Microplate Readers, Microplate Pipetting Systems & Dispensers, Microplate Washers, and Microplate Accessories & Software
4.4.2: APAC Microplates Market by End Use: Biotechnology & Pharmaceutical Companies, Hospital & Diagnostic Laboratories, and Academic & Research Institutes
4.5: ROW Microplates Market
4.5.1: ROW Microplates Market by Product: Microplate Readers, Single-Mode Microplate Readers, Microplate Pipetting Systems & Dispensers, Microplate Washers, and Microplate Accessories & Software
4.5.2: ROW Microplates Market by End Use: Biotechnology & Pharmaceutical Companies, Hospital & Diagnostic Laboratories, and Academic & Research Institutes
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Microplates Market by Product
6.1.2: Growth Opportunities for the Global Microplates Market by Application
6.1.3: Growth Opportunities for the Global Microplates Market by End Use
6.1.4: Growth Opportunities for the Global Microplates Market by Region
6.2: Emerging Trends in the Global Microplates Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Microplates Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Microplates Market
6.3.4: Certification and Licensing
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: Greiner Bio One
7.2: Corning Incorporated
7.3: Thermo Fisher Scientific
7.4: Eppendorf
7.5: PerkinElmer
7.6: Becton & Dickinson
7.7: QIAGEN
7.8: Avantor
7.9: SPL Life Sciences
7.10: Porvair Sciences
2. GLOBAL MICROPLATES MARKET : MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Microplates Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Microplates Market by Product
3.3.1: Microplate Readers
3.3.2: Single-Mode Microplate Readers
3.3.3: Microplate Pipetting Systems & Dispensers
3.3.4: Microplate Washers
3.3.5: Microplate Accessories & Software
3.4: Global Microplates Market by Application
3.4.1: Clinical Diagnostics
3.4.2: Drug Discovery
3.4.3: Genomics & Proteomics Research
3.4.4: Others
3.5: Global Microplates Market by End Use
3.5.1: Biotechnology & Pharmaceutical Companies
3.5.2: Hospital & Diagnostic Laboratories
3.5.3: Academic & Research Institutes
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030
4.1: Global Microplates Market by Region
4.2: North American Microplates Market
4.2.1: North American Microplates Market by Product: Microplate Readers, Single-Mode Microplate Readers, Microplate Pipetting Systems & Dispensers, Microplate Washers, and Microplate Accessories & Software
4.2.2: North American Microplates Market by End Use: Biotechnology & Pharmaceutical Companies, Hospital & Diagnostic Laboratories, and Academic & Research Institutes
4.3: European Microplates Market
4.3.1: European Microplates Market by Product: Microplate Readers, Single-Mode Microplate Readers, Microplate Pipetting Systems & Dispensers, Microplate Washers, and Microplate Accessories & Software
4.3.2: European Microplates Market by End Use: Biotechnology & Pharmaceutical Companies, Hospital & Diagnostic Laboratories, and Academic & Research Institutes
4.4: APAC Microplates Market
4.4.1: APAC Microplates Market by Product: Microplate Readers, Single-Mode Microplate Readers, Microplate Pipetting Systems & Dispensers, Microplate Washers, and Microplate Accessories & Software
4.4.2: APAC Microplates Market by End Use: Biotechnology & Pharmaceutical Companies, Hospital & Diagnostic Laboratories, and Academic & Research Institutes
4.5: ROW Microplates Market
4.5.1: ROW Microplates Market by Product: Microplate Readers, Single-Mode Microplate Readers, Microplate Pipetting Systems & Dispensers, Microplate Washers, and Microplate Accessories & Software
4.5.2: ROW Microplates Market by End Use: Biotechnology & Pharmaceutical Companies, Hospital & Diagnostic Laboratories, and Academic & Research Institutes
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Microplates Market by Product
6.1.2: Growth Opportunities for the Global Microplates Market by Application
6.1.3: Growth Opportunities for the Global Microplates Market by End Use
6.1.4: Growth Opportunities for the Global Microplates Market by Region
6.2: Emerging Trends in the Global Microplates Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Microplates Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Microplates Market
6.3.4: Certification and Licensing
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: Greiner Bio One
7.2: Corning Incorporated
7.3: Thermo Fisher Scientific
7.4: Eppendorf
7.5: PerkinElmer
7.6: Becton & Dickinson
7.7: QIAGEN
7.8: Avantor
7.9: SPL Life Sciences
7.10: Porvair Sciences
