Global Microplate Reader Market Size & Outlook, 2023-2030
Global microplate reader market, 2018-2030 (US$M)
Related Markets
Global microplate reader market highlights
- The global microplate reader market generated a revenue of USD 484.8 million in 2023 and is expected to reach USD 809.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.6% by 2030.
- In terms of segment, single-mode readers accounted for a revenue of USD 295.4 million in 2023.
- Multi-Mode Readers is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 484.8 million |
| Market revenue in 2030 | USD 809.2 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Single-mode readers |
| Fastest growing segment | Multi-Mode Readers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single-Mode Readers, Multi-Mode Readers |
Other key industry trends
- In terms of revenue, the North America accounted for 42.3% of the global microplate reader market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 3.3 million by 2030.
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Microplate Reader Market Scope
Microplate Reader Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global microplate reader market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to microplate reader market will help companies and investors design strategic landscapes.
Single-mode readers was the largest segment with a revenue share of 60.93% in 2023. Horizon Databook has segmented the Global microplate reader market based on single-mode readers, multi-mode readers covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Microplate Reader Product Outlook (Revenue, USD Million, 2018-2030)
- Single-Mode Readers
- Absorbance Microplate Readers
- Fluorescence Microplate Readers
- Luminescence Microplate Readers
- Others
- Multi-Mode Readers
- Filter-based Microplate Readers
- Monochromator-based Microplate Readers
- Hybrid Microplate Readers
- Single-Mode Readers
- Global Microplate Reader Application Outlook (Revenue, USD Million, 2018-2030)
- Genomics & Proteomics Research
- Drug Discovery
- Clinical Diagnostics
- Others
- Global Microplate Reader End Use Outlook (Revenue, USD Million, 2018-2030)
- Pharmaceutical & Biotechnology Companies & CROs
- Academic & Research Institutions
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global microplate reader market , including forecasts for subscribers. This global databook contains high-level insights into Global microplate reader market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global microplate reader market size, by regions, 2018-2030 (US$M)
Top 10 countries: Microplate reader market size, 2023 (US$M)
Global microplate reader market share, by product, 2023 & 2030 (%, US$M)
Microplate reader market: Opportunity assessment by country
Global microplate reader market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 145.6 | 154.7 | 165.4 | 177.6 | 190.6 | 204.9 | 220.4 | 237.3 | 255.5 | 275.4 | 297.0 | 320.0 | 345.5 | 7.8% |
| Europe | 93.2 | 98.6 | 104.9 | 112.1 | 119.6 | 127.9 | 136.8 | 146.4 | 156.6 | 167.7 | 179.8 | 192.9 | 207.1 | 7.1% |
| Asia Pacific | 78.3 | 81.3 | 85.2 | 89.9 | 95.5 | 101.9 | 109.2 | 117.3 | 126.7 | 137.3 | 149.2 | 163.1 | 178.4 | 8.3% |
| Latin America | 21.7 | 22.9 | 24.4 | 26.0 | 27.8 | 29.8 | 31.9 | 34.1 | 36.5 | 39.0 | 41.6 | 44.4 | 47.4 | 6.9% |
| MEA | 15.2 | 16.0 | 16.9 | 18.0 | 19.1 | 20.4 | 21.6 | 23.0 | 24.4 | 25.9 | 27.4 | 29.1 | 30.8 | 6.1% |
| Overall | 354.0 | 373.5 | 396.9 | 423.5 | 452.6 | 484.8 | 519.8 | 558.1 | 599.7 | 645.2 | 695.0 | 749.5 | 809.2 | 7.6% |
Related regional statistics
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