What is Microplate System?
Microplate Systems is a research laboratory apparatus which is used to find out process chemical, biological, and physical reactions for trial and research work. Microplate systems are very useful in testing of biological reactions, gene expression reactions, and quantification of proteins.
The market study is broken down by Type (Single-Mode Microplate Readers, Multi-Mode Microplate Readers, Microplate Pipetting Systems and Dispensers, Microplate Washers and Others), by Application (Genomics and Proteomics Research, Drug Discovery, Clinical Diagnostics and Others) and major geographies with country level break-up.
Players in this market are adopting various organic and inorganic strategies, such as product launches & up-gradations, agreements, partnerships, and collaborations to widen their product portfolios and expand their presence in the market, globally. In developing countries such as India and South Africa, few new entrants are expected to penetrate the market and are expected to hold a substantial share in the future Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Tecan (Switzerland), BioTek (United States), Danaher (United States), PerkinElmer (United States), Thermo Fisher (United States), BMG LABTECH (Germany), BERTHOLD (Germany), Agilent (United States), Bio-Rad (United States) and Promega (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Biochrom (United Kingdom), Corning (United States), Lonza (Switzerland), Rayto (China) and Mindray (China).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Microplate System market by Type, Application and Region.
On the basis of geography, the market of Microplate System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User, the sub-segment i.e. Hospital and Diagnostic Laboratories will boost the Microplate System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Rising Demand fro New Approaches in Drug Discovery is Augmenting the Growth of Microplate Systems
Market Drivers
- Increasing R&D Expenditure in the Pharmaceutical Industry
- Increasing Focus on Miniaturization
- Technological Advancement
- Growing Prevalence of Diseases
Opportunities
- Potential for Microplate Systems in Emerging Markets
Restraints
- Lack of Awareness About the Novel Techniques in Developing Regions
Challenges
- Rising Cost of Advanced Microplate Systems
Key Target Audience
Manufacturers of microplate system products, Distributors of microplate system products, Venture capitalists, Government and academic institutes, Lab automation equipment and software solution providers, Research laboratories, diagnostic centers, hospitals, and research institutes, Pharmaceutical & biopharmaceutical companies and Consulting firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.