Microplate Readers Market - 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.
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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