Global Microplate Readers Market 2017-2021

  • Published: Jun 2017
  • Pages: 70
  • SKU: IRTNTR13331

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This industry research report identifies BioTek Instruments, PerkinElmer, Tecan, and Thermo Fisher Scientific as the key vendors in the global microplate readers market. A comprehensive analysis of the market is also presented by product type (multi-mode microplate and single-mode microplate), by end-user (hospitals and diagnostic centers, academic and research institutions and pharmaceutical and biotechnology companies), and by geography (the Americas, APAC, and EMEA).

Global microplate readers market forecasts

According to the microplate readers market insights, market research analysts at Technavio predict that this market will grow steadily at a CAGR of more than 5% by 2021. The increasing automation of healthcare solutions will be one of the primary growth factors for this market. Fully automated lab solutions can lead to cost savings and provide effective results to end-users such as doctors, laboratories, hospitals, organizations, and patients. Automated solutions offer considerable savings on labor since it replaces manual intensive tasks and save time that can be used by researchers for analysis and interpretation. Moreover, automation also improves the overall lab productivity by eliminating human errors. Automation also contributes to data-driven insights as the technology used to automate processes delivers a significant quantity of data that can be used to optimize and improve performance. Furthermore, automated systems collect step-by-step data on the working of the processes and also utilize the information to enhance the process, which in turn, increases the throughput and reduces the workload on researchers. These benefits will result in constant developments in the automation of laboratory equipment such as microplate readers.

The Americas accounted for the major shares of the microplate readers market during 2016 and the region is projected to continue its dominance during the forecast period as well. The major contributor to the growth of the market in the region is the significant rise in investment in the fields of research and testing in healthcare by the US. Furthermore, the availability of strong distribution networks in countries such as the US and Canada and the increasing focus of pharmaceutical companies to discover new drugs also drive the growth of the microplate readers market in the Americas.

Competitive landscape and key vendors  

The microplate readers market consists of numerous international and regional vendors. With the international vendors constantly expanding their presence in the market, regional vendors are finding it difficult to compete with them especially in terms of quality, pricing, market reach, and financial resources. The competitive environment of the market will increase due to the rise in product and service extensions, product innovations, and M&As.

The leading vendors in the market are 

  • BioTek Instruments
  • PerkinElmer
  • Tecan
  • Thermo Fisher Scientific

The other prominent vendors in the market are Awareness Technology, Biochrom, Bio-Rad, BMG LABTECH, and Molecular Devices.

Segmentation by product type and analysis of the microplate readers market

  • Single-mode microplate
  • Multi-mode microplate

Based on the microplate readers market analysis, the multi-mode microplate segment accounted for the major shares of the market. Benefits such as the ease of operation, the provision to accommodate additional features, and the increased cost savings, will contribute to the growth of this market segment in the coming years. Moreover, the launch of products with new detection modes and other features will also drive the demand for multi-mode microplate readers.

Segmentation by end-user and analysis of the microplate readers market

  • Hospitals and diagnostic centers
  • Academic and research institutions
  • Pharmaceutical and biotechnology companies

According to the microplate readers market outlook, the hospitals and research institutions segment accounted for the maximum market shares during 2016. This segment will retain its market dominance during the forecast period as well and this will attribute to the availability of advanced technologies for molecular diagnostics in genetic testing and cancer screening and the launch of a new range of biomarkers and molecular tests.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global microplate readers market?
  • What are the key market trends impacting the growth of the global microplate readers market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global microplate readers market?
  • What are the market opportunities and threats faced by the vendors in the global microplate readers market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global microplate readers market?

Technavio also offers customization on reports based on specific client requirement.


PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

  • Overview

PART 05: Market landscape

  • Overview
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation by product type

  • Overview
  • Multi-mode microplate readers
  • Single-mode microplate readers

PART 07: Market segmentation by end-user

  • Overview
  • Hospitals and diagnostic centers
  • Pharmaceutical and biotechnology companies

PART 08: Market segmentation by geography

  • Overview
  • Americas
  • EMEA
  • APAC

PART 09: Decision framework

PART 10: Drivers and challenges

  • Market drivers
  • Market challenges

PART 11: Market trends

  • Increasing focus on drug discovery and development
  • Continuous product innovations
  • Emerging use of microplate readers in beverage QC

PART 12: Vendor landscape

  • Competitive Scenario
  • Investment opportunity

PART 13: Key vendor analysis

  • BioTek Instruments
  • PerkinElmer
  • Tecan
  • Thermo Fisher Scientific
  • Other prominent vendors

PART 14: Appendix

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.


Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases


Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts



  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis


  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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