Global Microplate Reader Market Size & Outlook
The microplate reader industry worldwide is expected to reach a projected revenue of US$ 809.2 million by 2030. A compound annual growth rate of 7.6% is expected of the worldwide microplate reader industry from 2024 to 2030.
Revenue, 2023 (US$M)
$484.8
Forecast, 2030 (US$M)
$809.2
CAGR, 2024 - 2030
7.6%
Report Coverage
Worldwide
Global microplate reader market, 2018-2030 (US$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 segmentation & scope
Others
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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Our clientele includes a mix of microplate reader market companies, investment firms, advisory firms & academic institutions.
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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 outlook statistics, by region, 2018-2030 (US$M)
Top 10 countries: Microplate reader market size, 2023 (USD Million)
Top 10 countries: Microplate reader market size, 2023 (USD Million)
Global microplate reader market, by region, 2023 (US$M)
Related regional statistics
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