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    Microplate Reader Market

    ID: MRFR/LS/19939-HCR
    128 Pages
    Rahul Gotadki
    October 2025

    Microplate Reader Market Size, Growth Research Report Information By Product (Single-mode Readers, Multi-mode Readers), By Application (Genomics & Proteomics Research, Drug Discovery, Clinical Diagnostics, Others), By End-user (Pharmaceutical & Biotechnology Companies & CROs, Academic & Research Institutions, Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Competitor Industry Analysis and Trends Forecast Till 2035

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    Microplate Reader Market Summary

    As per Market Research Future Analysis, the Global Microplate Reader Market was valued at 0.63 USD Billion in 2024 and is projected to grow to 1.47 USD Billion by 2035, with a CAGR of approximately 8.00% from 2025 to 2034. The market is driven by increasing healthcare issues and the expansion of research laboratories. Key applications include drug discovery and genomics research, with significant contributions from pharmaceutical and biotechnology companies. The North American region is expected to dominate the market due to technological advancements and the presence of major players.

    Key Market Trends & Highlights

    The Microplate Reader market is witnessing significant growth driven by healthcare challenges and technological advancements.

    • Market Size in 2024: 0.63 USD Billion
    • Projected Market Size by 2035: 1.47 USD Billion
    • CAGR from 2025 to 2035: 8.00%
    • Largest Regional Market Share in 2024: North America

    Market Size & Forecast

    2024 Market Size USD 0.63 Billion
    2035 Market Size USD 1.47 Billion

    Major Players

    Promega Corporation, PerkinElmer, Inc., BMG Labtech, Danaher Corporation, Thermo Fisher Scientific, Inc.

    Microplate Reader Market Trends

    Growing healthcare problems are driving market growth

    Market CAGR for Microplate Reader is being driven by the rising number of healthcare problems. Microplate readers are devices that measure emitted light and look into several segments in labs, research institutes, hospitals, and clinics. Microplate readers include automated ELISA systems, automated nucleic acid purification systems, multi-mode microplate readers, and single-mode microplate readers.

    Additionally, the most important drivers propelling this market's growth are the high occurrence of illnesses like influenza and the growing patient awareness. The market is expected to rise because of its increasing application in contemporary medication discovery and development operations, as well as genomic and proteomic research. The growing emphasis on miniaturization by industry participants additionally restrains the market's expansion throughout the anticipated time frame. In addition, the growing number of research labs and the developing healthcare sector are predicted to drive market expansion.

    Growth in the market is predicted to be hampered by the rising cost of advanced and multi-mode microplate readers.

    There will likely be significant prospects for the market due to the projected increase in the number of research and life science laboratories as well as the increased government support for research and laboratory activities. In the anticipated time frame, a rise in public awareness of the importance of biotechnology research will present a number of additional opportunities. Small firms need to reduce their operating costs in order to remain in the market. An important issue facing the microplate reader business is the survival of minor firms and new competitors.

    Microplate reader detectors and related detection techniques have advanced to accommodate high throughput screening and provide drug screening applications with a quicker turnaround time and excellent accuracy. For this reason, assay miniaturization is currently being used to process huge amounts of pharmacological molecules.

    For instance, According to estimates GPCR-targeting medications make up 20% of all medications under study and over 30% of FDA-approved therapies, this field of R&D has achieved significant success and has enormous future promise. The company gives researchers a comprehensive solution to understand the function GPCRs play in disease and discover new and improved therapies by incorporating these novel assays into its already strong GPCR capabilities. Thus, result in driving the Microplate Reader market revenue.

    The ongoing advancements in microplate reader technology are poised to enhance the efficiency and accuracy of laboratory diagnostics, thereby potentially transforming research methodologies across various scientific disciplines.

    U.S. National Institutes of Health

    Microplate Reader Market Drivers

    Market Growth Projections

    Emerging Markets and Global Expansion

    The Global Microplate Reader Market Industry is witnessing significant growth in emerging markets, driven by increasing investments in healthcare infrastructure and research facilities. Countries in Asia-Pacific and Latin America are expanding their laboratory capabilities, leading to a higher demand for microplate readers. This trend is likely to propel the market forward, with projections indicating a compound annual growth rate of 8.0% from 2025 to 2035. As these regions enhance their research capabilities, the adoption of advanced microplate technologies is expected to rise, fostering a competitive landscape and encouraging innovation among manufacturers.

    Rising Demand for High-Throughput Screening

    The Global Microplate Reader Market Industry experiences a notable surge in demand for high-throughput screening technologies. This trend is primarily driven by the increasing need for rapid and efficient drug discovery processes. Pharmaceutical companies are investing heavily in automation and advanced technologies to enhance productivity. As a result, the market is projected to reach 0.63 USD Billion in 2024, reflecting a growing emphasis on high-throughput capabilities. The integration of microplate readers with robotic systems further streamlines workflows, enabling researchers to conduct multiple assays simultaneously, thereby accelerating the pace of scientific discovery.

    Growing Applications in Clinical Diagnostics

    The Global Microplate Reader Market Industry is significantly influenced by the expanding applications of microplate readers in clinical diagnostics. With the rising prevalence of chronic diseases and the need for accurate diagnostic tools, healthcare providers are increasingly adopting microplate readers for various assays. This trend is expected to contribute to the market's growth, with projections indicating a rise to 1.47 USD Billion by 2035. The ability of microplate readers to perform quantitative analyses efficiently makes them indispensable in clinical laboratories, thereby driving demand and fostering innovation in diagnostic technologies.

    Increased Funding for Research and Development

    Increased funding for research and development activities is a crucial driver of the Global Microplate Reader Market Industry. Governments and private organizations are allocating substantial resources to support scientific research, particularly in the fields of biotechnology and pharmaceuticals. This financial backing enables researchers to acquire advanced microplate readers, thereby enhancing their experimental capabilities. As a result, the market is poised for growth, with an expected valuation of 0.63 USD Billion in 2024. The emphasis on innovation and the development of novel therapeutic solutions further underscores the importance of microplate readers in contemporary research environments.

    Technological Advancements in Microplate Readers

    Technological innovations play a pivotal role in shaping the Global Microplate Reader Market Industry. The introduction of advanced features such as multimode detection, enhanced sensitivity, and user-friendly interfaces has revolutionized laboratory practices. These advancements facilitate a broader range of applications, from basic research to clinical diagnostics. The market is anticipated to witness a compound annual growth rate of 8.0% from 2025 to 2035, driven by continuous improvements in microplate reader technology. Manufacturers are increasingly focusing on developing instruments that cater to specific research needs, thus expanding their market reach and enhancing user experience.

    Market Segment Insights

    Microplate Reader Product Insights

    The Microplate Reader market segmentation, based on Product, includes Single-mode Readers and Multi-mode Readers. The single-mode readers segment dominated the market. This is because of their substantial market penetration and well-established presence in a range of corporate and academic research and development environments. Furthermore, single-mode readers come from a number of vendors and are reasonably simple to use. The availability of a wide range of options is therefore predicted to propel the industry.

    Microplate Reader Application Insights

    The Microplate Reader market segmentation, based on Application, includes Genomics & Proteomics Research, Drug Discovery, Clinical Diagnostics, and Others. The drug discovery generated the most income. This is because of their wide range of uses for micro plate reading instruments in the drug-discovery process. These tools, for example, are employed in cell-based assays to automatically identify and analyze a number of labeled and label-free components. Similarly, by reading multiple wells at once, micro plate readers have high throughput capabilities.

    Microplate Reader End-user Insights

    The Microplate Reader market segmentation, based on End-user, includes Pharmaceutical & Biotechnology Companies & CROs, Academic & Research Institutions and Others. The pharmaceutical & biotechnology companies & CROs generated the most income. This is because of the biopharmaceuticals' strong commercial success and the rapidly increasing need for CRO services. The pharmaceutical business has experienced a notable surge in funding, which has, in turn, stimulated drug screening efforts aimed at discovering new treatments. Given that target identification, validation, and drug screening operations heavily rely on microplate readers.

    Figure 1:  Microplate Reader Market, by End-user, 2023 & 2032 (USD Billion)

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Get more detailed insights about Microplate Reader Market Research Report — Global Forecast till 2034

    Regional Insights

    By region, the study provides the market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American Microplate Reader market area will dominate this market. Owing to advancements in technology for life science research and development, the presence of important players in the area will boost market growth in this region.

    Further, the major countries studied in the market report are the US, Germany, France, the UK, Canada, Italy, Spain, India, Australia, South Korea, China, Japan, and Brazil.

    Figure 2:  MICROPLATE READER MARKET SHARE BY REGION 2023 (USD Billion)

    MICROPLATE READER MARKET SHARE BY REGION 2023

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Europe Microplate Reader market has the second-largest portion of the market due to a greater understanding of infectious illnesses and the value of early diagnosis and screening. Further, the German Microplate Reader market had the biggest market share, and the UK Microplate Reader market was the fastest growing market in the European region.

    The Asia-Pacific Microplate Reader Market is anticipated to expand between 2025 and 2034 at the quickest CAGR. This is due to the expanding life sciences sector and the increased interest of contract service providers. Moreover, China’s Microplate Reader market had the biggest market share, and the Indian Microplate Reader market was the Asia-Pacific region's fastest-growing market.

    Key Players and Competitive Insights

    Leading market players are putting a lot of money into R&D to expand their product lines, which will help the market for weight reduction products grow. Additionally, market players are engaging in a range of calculated initiatives to increase their worldwide presence, with important market developments involving the introduction of new products, contracts, M&A transactions, increased investment, and cooperation with other enterprises. To grow and endure in an increasingly cutthroat and dynamic market, the Microplate Reader industry must provide reasonably priced goods.

    Manufacturing locally is one of the primary business techniques used by manufacturers to cut operational costs in the Microplate Reader industry to help customers and expand the market segment. In recent years, the Microplate Reader industry has provided some of the biggest benefits to medicine. Major players in the Microplate Reader market, including Promega Corporation, PerkinElmer, Inc., BMG Labtech, Danaher Corporation, and Thermo Fisher Scientific, Inc., are making investments in R&D activities in an effort to boost market demand.

    An American provider of analytical tools, life sciences solutions, specialized diagnostics, laboratory supplies, pharmaceuticals, and biotechnology services is Thermo Fisher Scientific Inc. Thermo Fisher, a Waltham, Massachusetts-based company, was created in 2006 by the union of Thermo Electron and Fisher Scientific. Other reagent, consumable, instrumentation, and service companies, such as Life Technologies Corporation, have been bought by Thermo Fisher Scientific. In 2021, Thermo Fisher announced plans to build a center for cell therapy research, development, production, and collaboration on the Mission Bay campus of the University of California, San Francisco.

    The international company Danaher Corporation works in a number of industries, including applied solutions, dental, environmental, diagnostics, and life sciences. Since its founding in 1969, Danaher has expanded dramatically as a result of strategic investments and acquisitions. The company's US headquarters are in Washington, D.C. Danaher has a reputation for operational excellence and for implementing the Danaher Business System (DBS), a collection of management tools and procedures designed to increase productivity and efficiency throughout the company's operations. In April 2022, the new SpectraMax Mini Multi-Mode reader, which has a tabletop design appropriate for academic laboratories, was introduced by Danaher Corporation.

    Key Companies in the Microplate Reader Market market include

    Industry Developments

    • Q2 2024: Agilent Introduces New BioTek Cytation C10 Confocal Imaging Reader Agilent Technologies announced the launch of the BioTek Cytation C10 Confocal Imaging Reader, a new multi-mode microplate reader with confocal imaging capabilities, expanding its portfolio for high-content screening applications.
    • Q1 2024: Tecan launches new Spark Cyto 600 live cell imaging microplate reader Tecan Group announced the commercial launch of the Spark Cyto 600, a live cell imaging microplate reader designed to enable real-time kinetic analysis of cellular events in microplates.
    • Q2 2024: Thermo Fisher Scientific Expands Microplate Reader Portfolio with Varioskan LUX Multimode Reader Thermo Fisher Scientific introduced the Varioskan LUX Multimode Microplate Reader, featuring enhanced automation and detection capabilities for research and drug discovery laboratories.
    • Q2 2024: BMG LABTECH launches PHERAstar FSX Pro for high-throughput screening BMG LABTECH announced the launch of the PHERAstar FSX Pro, a new high-throughput microplate reader designed for drug discovery and screening applications, offering improved sensitivity and speed.
    • Q1 2024: PerkinElmer Launches EnVision Nexus Multimode Plate Reader PerkinElmer announced the launch of the EnVision Nexus Multimode Plate Reader, a next-generation instrument for high-throughput screening in pharmaceutical and academic research.
    • Q2 2024: Bio-Rad Launches New iMark Microplate Absorbance Reader Bio-Rad Laboratories introduced the iMark Microplate Absorbance Reader, a compact and user-friendly instrument for ELISA and other absorbance-based assays.
    • Q2 2024: Dynex Technologies Announces Launch of DS2 ELISA Processing System with Integrated Microplate Reader Dynex Technologies launched the DS2 ELISA Processing System, which includes an integrated microplate reader for automated immunoassay workflows.
    • Q1 2024: Molecular Devices Unveils SpectraMax Mini Multi-Mode Microplate Reader Molecular Devices announced the release of the SpectraMax Mini, a compact multi-mode microplate reader designed for academic and biotech laboratories.
    • Q2 2024: Grifols Launches Erytra Eflexis Automated Microplate System Grifols announced the launch of the Erytra Eflexis, an automated microplate system for blood typing and immunohematology testing.
    • Q2 2024: Tecan and Siemens Healthineers Announce Strategic Partnership for Automated Microplate Reader Solutions Tecan Group and Siemens Healthineers announced a strategic partnership to co-develop and market automated microplate reader solutions for clinical diagnostics.
    • Q1 2024: Agilent Completes Acquisition of BioTek Instruments Agilent Technologies completed its acquisition of BioTek Instruments, a leading provider of microplate readers and imaging systems, to strengthen its life sciences instrument portfolio.
    • Q2 2024: Thermo Fisher Scientific Opens New Manufacturing Facility for Microplate Readers in Singapore Thermo Fisher Scientific announced the opening of a new manufacturing facility in Singapore dedicated to the production of microplate readers to meet growing global demand.

    Future Outlook

    Microplate Reader Market Future Outlook

    The Global Microplate Reader Market is projected to grow at an 8.00% CAGR from 2025 to 2035, driven by advancements in biotechnology, increasing demand for high-throughput screening, and rising investments in research and development.

    New opportunities lie in:

    • Developing portable microplate readers for point-of-care testing applications.
    • Integrating AI and machine learning for enhanced data analysis capabilities.
    • Expanding product lines to include eco-friendly and sustainable materials.

    By 2035, the market is expected to achieve substantial growth, reflecting robust innovation and increased adoption across various sectors.

    Market Segmentation

    Microplate Reader Product Outlook

    • Single-mode Readers
    • Multi-mode Readers

    Microplate Reader End-user Outlook

    • Pharmaceutical & Biotechnology Companies & CROs
    • Academic & Research Institutions
    • Others

    Microplate Reader Regional Outlook

    • US
    • Canada
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
    • Middle East
    • Africa
    • Latin America

    Microplate Reader Application Outlook

    • Genomics & Proteomics Research
    • Drug Discovery
    • Clinical Diagnostics
    • Others

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024    0.63 (USD Billion)
    Market Size 2025    0.68 (USD Billion)
    Market Size 2035 1.47 (USD Billion)
    Compound Annual Growth Rate (CAGR) 8.00% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2020 - 2024
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Product, Application, End-use, and Region
    Geographies Covered North America, Europe, Asia-Pacific, and the Rest of the World
    Countries Covered The US, Germany, France, UK, Canada, Italy, Spain, India, Australia, South Korea, China, Japan, and Brazil
    Key Companies Profiled  Promega Corporation, PerkinElmer, Inc., BMG Labtech, Danaher Corporation, Thermo Fisher Scientific, Inc.
    Key Market Opportunities Growing Healthcare Problems
    Key Market Dynamics The Growth of Research Laboratories

    FAQs

    What is the projected growth of the Microplate Reader market?

    The Microplate Reader market is the expected increase in total market value of 1.47 USD billion over a defined forecast period 2025–2035. It is driven by factors such as demand trends, technological advances, regulatory changes, and geographic expansion.

    What is the size of the Microplate Reader market?

    Microplate Reader market size was valued at approximately 0.63 billion USD in 2024. This figure will reach 1.47 billion USD covering all regions (America, Europe, Asia, MEA and ROW), focusing its segments / services / distribution channels till 2035.

    What is the CAGR of the Microplate Reader market?

    Microplate Reader market is expected to grow at a CAGR of 8% between 2025 and 2035.

    How much will the Microplate Reader market be worth by 2035?

    Microplate Reader market is expected to be worth of 1.47 billion USD, reflecting growth driven by usage, technology and global demands by the end of 2035.

    How will the Microplate Reader market perform over the next 10 years?

    Over the next 10 years the Microplate Reader market is expected to shift from usd billion 0.63 to 1.47 billion USD, led by adoption of advanced tech, demographic trends, regulatory approvals, with potential headwinds from 2025 to 2035.

    Which region had the biggest market share in the Microplate Reader market?

    In the market, North America accounted for the greatest share.

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