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The molecular microplate readers and washers market size is forecast to increase by USD 298.3 million at a CAGR of 5.18% between 2023 and 2028. The market is experiencing significant growth due to several key trends. The increase in automation in the healthcare industry is driving market growth, as laboratories seek to improve efficiency and reduce errors. Additionally, the increasing number of conferences and symposiums aimed at promoting the efficiency of laboratory devices is boosting market demand. However, the high cost of instruments related to life sciences tools and services poses a challenge to market growth. Despite this, the market is expected to continue expanding due to the growing demand for automated and high-throughput screening solutions in research and diagnostic applications.
Molecular microplate readers and washers are essential electromechanical equipment in manufacturing processes, particularly in the life sciences and process industries. These devices enable automated, high-throughput analysis of biological samples using microplates. The controller, often a programmable process controller (PPC), is the brain of the system, featuring a central processing unit with a microprocessor and human-machine interface. PLC programming languages such as ladder logic and standard function (SF) blocks facilitate easy control of sensors and actuators. Robotic systems and digital interfaces, including Ethernet and inputs/outputs, enhance the functionality of molecular microplate readers and washers. These advanced features enable seamless integration into assembly lines and manufacturing processes.
Furthermore, the use of sensors and actuators, along with PLC programming, ensures precise and accurate readings and washing. Programming languages like ladder logic and SF provide flexibility in controlling various functions, while the digital interface allows for easy communication between different systems. The integration of molecular microplate readers and washers into manufacturing processes significantly increases efficiency and productivity.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
The microplate readers segment is estimated to grow significantly during the forecast period. Microplate readers, often referred to as microplate photometers, play a significant role in various industries, including life sciences, pharmaceuticals, food and beverage, biotechnology, and academia. These electromechanical pieces of equipment are essential for assessing the absorbance, luminescence, and fluorescence of samples in microplates, with the most common being the 96-well type, featuring a reaction volume of 100-200 µL per well. Controller systems, such as Programmable Logic Controllers (PLCs) and Central Processing Units (CPUs), microprocessors, Human Machine Interfaces (HMIs), and robotic systems, are integrated into microplate readers for automation and enhanced operational efficiency. Robotic systems, with digital interfaces like Ethernet, enable inputs and outputs, while programming languages like Ladder Logic, Standard Function (SF), and Programmable Process Controllers (PPCs) are used for control algorithms, safety controls, functional safety, monitoring, basic control, interlocking, output control, manual override, shutdown control, and handling external events.
Furthermore, in process industries, control engineering and industrial process control utilize automation instrumentation and robotics to optimize manufacturing assembly lines. The microplate readers market encompasses both single-mode and multi-mode microplate readers. Single-mode microplate readers support various applications, including fluorescence, absorbance, luminescence, and time-resolved fluorescence. The choice between single-mode and multi-mode microplate readers depends on the specific requirements of the application, with cost considerations playing a role in the decision-making process. Ultimately, the integration of advanced technologies and automation in microplate readers leads to improved operational efficiency, product quality, and human error reduction in industries such as aerospace.
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The microplate readers segment was valued at USD 572.25 million in 2018 and showed a gradual increase during the forecast period.
North America is estimated to contribute 35% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The global market witnessed significant growth in 2023, with North America leading the charge. The region's dominance can be attributed to the burgeoning biotechnology and pharmaceutical sectors, driven by a heightened focus on drug and vaccine discovery for lifestyle diseases. The US, in particular, is a major contributor due to the presence of numerous market players, such as Bio-Rad Laboratories and Thermo Fisher, who provide advanced solutions. For instance, Bio-Rad Laboratories offers the iMark Microplate Absorbance Reader, which boasts fast reading speeds, comprehensive onboard software capabilities, and a pre-programmed validation protocol for the Checkmark reader performance check plate. Instrumentation in molecular microplate readers and washers is a critical aspect of workplace safety.
Furthermore, temperature, pressure, and flow rates must be optimally maintained to ensure accurate results. Control systems, including programmable logic controllers, calibration equipment, human-machine interfaces, safety instrumented systems, and energy management systems, play a pivotal role in maintaining these conditions. Unplanned downtime and maintenance costs are minimized through the implementation of these systems, thereby enhancing productivity. Advancements in technology, such as wireless instrumentation, edge computing, artificial intelligence (AI), machine learning, cybersecurity, and regulatory standards, are further propelling market growth. For example, AI and machine learning algorithms enable predictive maintenance, while cybersecurity measures protect against potential threats. Environmental compliance is another crucial factor, as these systems must adhere to stringent regulations. Overall, the market is poised for continued expansion due to its significant role in various industries.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
An increase in automation in healthcare industry is the key driver of the market. Molecular microplate readers and washers are essential electromechanical equipment in manufacturing processes, particularly in laboratories, hospitals, and research organizations. These systems offer automated solutions for various applications, including basic control, interlocking, output control, manual override, shutdown control, and monitoring of external events. The controller, often a Programmable Logic Controller (PLC) or a Programmable Process Controller (PPC), utilizes a Central Processing Unit (CPU) and microprocessor to execute control algorithms. Human Machine Interface (HMI) and PLC programming languages, such as Ladder Logic and Standard Function (SF), facilitate the interaction between operators and the system. Robotic systems and sensors are integrated into these automated solutions to ensure precise and efficient processes.
Furthermore, digital interfaces, including Ethernet, enable seamless data transfer and communication between various components. Inputs and outputs are programmed to respond to specific conditions, ensuring optimal process control. Functional safety is a crucial consideration, with safety controls and output control mechanisms designed to minimize human error and ensure operational efficiency. Automation in industrial processes, including aerospace, contributes significantly to product quality and operational efficiency. The data collected by these systems can be analyzed to optimize and improve performance, enhancing overall process control. In manufacturing assembly lines, molecular microplate readers and washers enable cost savings by replacing labor-intensive tasks, reducing human intervention, and minimizing errors.
An increasing number of conferences and symposiums aimed at promoting the efficiency of laboratory devices is the upcoming trend in the market. Molecular microplate readers and washers have gained significant attention in various industries due to their ability to automate and enhance the efficiency of assays and experiments. These electromechanical pieces of equipment are integral to manufacturing processes in industries such as process, control engineering, automation instrumentation, aerospace, and more. The controller, often a Programmable Logic Controller (PLC) or a Central Processing Unit (CPU) with a microprocessor, enables PLC programming using programming languages such as Ladder Logic, Standard Function (SF), and others. Human Machine Interface (HMI) provides a digital interface for operators to monitor inputs and outputs, program robotic systems, and control algorithms.
Furthermore, sensors and actuators are integrated into these systems to ensure functional safety and monitoring of basic control, interlocking, output control, manual override, shutdown control, and external events. Ethernet connectivity allows for remote access and communication between different systems. These advanced features make molecular microplate readers and washers essential tools for industrial process control, ensuring operational efficiency and product quality while minimizing human error.
The high cost of instruments related to life sciences tools and service industry is a key challenge affecting market growth. Molecular microplate readers and washers play a crucial role in the manufacturing processes of the life sciences industry, particularly in the areas of pharmaceuticals and biotechnology. These advanced laboratory instruments enable precise and accurate analysis of various parameters such as fluorescence, luminescence, nephelometry, cell analysis, automated cell counters, and flow cytometry in a compact microplate format. The incorporation of advanced technologies like robotic systems, digital interfaces, Ethernet connectivity, and sensors and actuators has enhanced the functionality and efficiency of these instruments. However, the high cost of these electromechanical pieces of equipment, driven by the integration of advanced controller systems like Programmable Logic Controllers (PLCs), Central Processing Units (CPUs), microprocessors, Human Machine Interfaces (HMIs), and PLC programming in Ladder Logic, Standard Function (SF), and Programmable Process Controllers, poses a significant challenge to market growth.
Furthermore, these sophisticated control systems enable functional safety features, including safety controls, interlocking, output control, manual override, shutdown control, and response to external events, reducing the risk of human error and enhancing operational efficiency. The high cost of these advanced features, however, is a major consideration for process industries, control engineering, process control, industrial process control, automation instrumentation, robotics, and control algorithms. The market for molecular microplate readers and washers is expected to grow, driven by the increasing demand for high-quality products and operational efficiency in the aerospace industry and other sectors.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Agilent Technologies Inc. - The company offers molecular microplate readers and washers such as BioTek 406 FX Washer Dispenser, BioTek MultiFlo FX Multimode Dispenser, BioTek 405 TS Washer, BioTek EL406 Washer Dispenser, BioTek 50 TS Washer and others.
The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Molecular microplate readers and washers are essential electromechanical equipment in manufacturing processes, particularly in the life sciences industry and process industries. These devices employ controller technology, including microprocessors and central processing units, to automate and manage complex processes. Human-machine interfaces and PLC programming languages such as ladder logic and standard function (SF) enable operators to input and output data, control processes using digital interfaces, and communicate via ethernet.
Furthermore, robotic systems and sensors and actuators are integrated into these systems to enhance operational efficiency and product quality. Control algorithms, safety controls, and functional safety are crucial components, ensuring basic control, interlocking, output control, manual override, shutdown control, and response to external events and human error. Industrial automation applications span across process industries, control engineering, industrial process control, automation instrumentation, robotics, and even aerospace. These systems offer significant benefits, including increased operational efficiency, improved product quality, and enhanced safety features.
Market Scope |
|
Report Coverage |
Details |
Page number |
166 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.18% |
Market growth 2024-2028 |
USD 298.3 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
4.72 |
Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
Performing market contribution |
North America at 35% |
Key countries |
US, Germany, UK, China, and Japan |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Agilent Technologies Inc., Awareness Technology Inc., Berthold Technologies GmbH and Co.KG, Bio Rad Laboratories Inc., Biosan, BMG LABTECH GmbH, Bruker Corp., Danaher Corp., Enzo Biochem Inc., Hidex Oy, Hudson Robotics Inc., Lonza Group Ltd., LTEK co ltd., Mindray Bio medical Electronics Co. Ltd., Molecular Device LLC, PerkinElmer Inc, Promega Corp., Tecan Trading AG, Thermo Fisher Scientific Inc., and VSI Electronics Pvt. Ltd. |
Market dynamics |
Parent market analysis, market growth inducers and obstacles, market forecast, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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