Increasing Incidence of Infectious Diseases and Launch of New Products to Augment Growth of Microplate Readers Market

 

Microplate Readers Market

Microplate readers are specialized instruments that are used to measure light intensity on a sample of a material such as cells, bacteria, etc. The process is called microtopography. It is a technique in which the sample is made to be scanned with a microlight and the resulting image, the intensity of which is measured. Usually it has been found that the best quality results come from scanning using a microplate reader and not from a flatbed scanner. A wide variety of microplate readers are available in the market today and they vary in price range too.

In general, microplate readers are extremely useful for many different assays where there is need for high-throughput measurements in cells, bacteria, etc. Some of the most commonly used microplate readers are glassine sheets, aluminum oxide microplates, polyethylene microtopreses and many other types of microplates. The main advantages of using these specialized instruments are their sensitivity and speed. They can be very time consuming to operate but the results are often amazing. Some of the common experimental samples where these instruments are used include metabolite experiments, gene trapping and many other kinds of genetic analysis.

Market Dynamics

Increasing incidence of infectious diseases is expected to propel growth of the global microplate readers market. For instance, globally, as of 5:10pm CET, 4 February 2021, there have been 103,989,900 confirmed cases of COVID-19, including 2,260,259 deaths, reported to the World Health Organization.

Significant growth in the pharmaceuticals sector is expected to offer lucrative growth opportunities for players in the global microplate readers market. For instance, according to The European Federation of Pharmaceutical Industries and Associations’ Key Data 2019, the pharmaceutical sector in Europe invested US$ 19, 509 million in 2000, which increased to US$ 39,895 million (est.) in 2018. 

Competitive Analysis

Major 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., Enzo Biochem, Inc., BMG LABTECH GmbH Instruments, Inc., and others.

Major players operating in the global microplate readers market are focused on launching new products to expand their product portfolio. For instance, in November 2020, Enzo Biochem, Inc. launched a small portable microplate reader for use with the company’s immunoassays and, ultimately, molecular diagnostics, providing new opportunities in point-of-care medicine.


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