Zion Market Research Global Microplate Readers Market, 2016–2024 | Page 3

Microplate Readers Market
Global Microplate Readers Market: Segmentation
The global microplate market is segmented into a good system, type, and end users. On the basis of
the good system, the market is categorized into 1536, 384, and 96. Depending on the type, the market
is segregated into multimode readers and single mode readers. The different end users of the
microplate readers are research institutes, research organizations, biotechnological companies,
contract research organizations, and health centers.
Global Microplate Readers Market: Growth Factors
The research institutes and biotech companies are changing their focus towards microplate readers
which anticipates increasing the growth of the market. This shift of focus of the researchers is owing
to the recent developments that were made in the microplate readers making it possible to produce
more reliable and flexible outputs comparatively better than the conventional measurements. The
automation that was made in the microplate reader market helped in removing the problems that were
previously faced by the conventional measurements. In the microplate format, the detection
technologies and assays help in saving the space. The benefits of microplate reader are that they are
multimodal and are user-friendly allowing the researchers to carry out several assay types in a single
instrument. All these factors contribute to the significant growth of the microplate readers market.
Due to the availability of sophisticated alternatives in the market, the use of the microplate reader is
reducing in some of the segments thus hampering the growth of the market.
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