Microplate Readers Market, by Well Type (96 Wells, 384 Wells, 1536 Wells, and Others), by Reader Type (Single-mode Readers and Multi-mode Readers), by End User (Biotechnology and Pharmaceutical Companies, Research Institutes, Contract Research Organizations and Others), and by Region - Size, Share, Outlook, and Opportunity Analysis, 2018-2026

Microplate readers, also called as microplate photometers are laboratory instruments used for the detection of chemical or physical events of samples in microtiter plates. These plates are used for various research experiments in bioassay validation, drug discovery, manufacturing processes in biotechnological and pharmaceutical industries, quality control, and academic organizations. The microplate readers are able to detect physical, chemical or biological reactions by measuring emitted light. These readers help to minimize operational time, save cost, and facilitates researchers with easy data analysis through generation of actionable results. Common detection modes for microplate assays include fluorescence, absorbance, luminescence, fluorescence polarization, time resolved fluorescence, and others. The sample reactions can be assayed from 6 wells to 1536 well type microtiter plates. Multimode plate readers can perform a wide range of applications that include protein and cell growth assays, ELISA, reporter assays, molecular interactions, enzyme activity, ATP quantification, immunoassays, and others. Higher density micro plates are used mostly for advanced screening applications with a typical assay volume residing between 5-50 µl per well.

Market Dynamics

Increasing incidence of infectious diseases is propelling demand for development of fast and efficient therapeutics, vaccines, and other medications, which is propelling demand for microplate readers. Infectious diseases such as influenza and other vector borne diseases that requires high throughput screening for drug development are expected to drive growth of the global microplate readers market size. According to World Health Organization (WHO), 2017, the incidence of dengue increased significantly, indicating around 390 million dengue infections per year all around the world. According to the International Journal of Nanomedicine, 2015, an estimated 212 malaria cases were registered globally with 429,000 deaths. Moreover, increasing investments in research and development to upgrade the laboratories with advanced technologies that will help in accelerating the drug development procedure is also expected to fuel the growth of global microplate readers market. For instance, in September 2016, Biocon’s contract research arm, Syngene International established a multi-disciplinary development center and drug discovery research laboratory for Amgen in Bengaluru, named Amgen Research and Development Center (SARC). High penetration of alternate methods to carry out detection of biological procedures is expected to hinder the market growth.

Regional Insights

On the basis of region, the global microplate readers market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America holds a dominant position in the global microplate readers market and is expected to retain its dominance over the forecast period. This dominance attributes to the rising incidence of epidemic diseases as well as early diagnosis and treatment of diseases. For instance, according to the Centers of Disease Control and Prevention (CDC), 2017, the vector borne disease cases in the U.S. has tripled from 2004 to 2016. Moreover, the paradigm shift of scientific bio-labs towards automated tools for conducting various assays is fueling growth of the global microplate readers market in North America region. For instance, in 2012, Hudson Robotics, Inc. introduced SOLO Automated ELISA Workstation, with liquid handlers and microplate readers as a simple, low-cost yet efficient ELISA preparation workstation that supports serial dilutions to study concentration-dependent effects.

Furthermore, Asia Pacific is expected to witness a significant growth in the market, owing to developments in healthcare infrastructure, increasing investment in research and development by various regional pharmaceutical and biotechnology companies. For instance, in October 2016, Sun Pharma, an India-based pharmaceutical company announced plans to increase its research development by investing in a new R&D unit at Madhya Pradesh, India.

Competitive Landscape

Key players operating in the global microplate readers market include Thermo Fisher Scientific, Inc., PerkinElmer, Inc., MDS Analytical Technologies, Corning, Grenier Bio-One, Tecan, BioTek Instruments, Inc., BMG LABTECH GmbH Instruments, Inc., and others. Market players are focused towards providing technologically advanced products to sustain their presence in the market. For instance, in August 2017, BioTek Instruments, Inc. introduced next generation 800 TS microplate reader and 50s washer that has a color touchscreen interface with easily programmed onboard software to expand application base of microplate readers to kinetic assays such as biomagnetic separation and others.

Market Taxonomy

On the basis of well type, the global microplate readers market is segmented into:

  • 96-Wells
  • 384-Wells
  • 1536-Wells
  • Others

On the basis of reader type, the global microplate readers market is segmented into:

  • Single Mode Readers
  • Multi-Mode Readers

On the basis of end user, the global microplate readers market is segmented into:

  • Biotechnology and Pharmaceutical Companies
  • Research Institutes
  • Contract Research Organizations (CROs)
  • Others

On the basis of region, the global microplate readers market is segmented into:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.
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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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