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.
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.
On the basis of region, the global microplate readers market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America holds a dominant position in the global microplate readers market and is expected to retain its dominance over the forecast period. This dominance attributes to the rising incidence of epidemic diseases as well as early diagnosis and treatment of diseases. For instance, according to the Centers of Disease Control and Prevention (CDC), 2017, the vector borne disease cases in the U.S. has tripled from 2004 to 2016. Moreover, the paradigm shift of scientific bio-labs towards automated tools for conducting various assays is fueling growth of the global microplate readers market in North America region. For instance, in 2012, Hudson Robotics, Inc. introduced SOLO Automated ELISA Workstation, with liquid handlers and microplate readers as a simple, low-cost yet efficient ELISA preparation workstation that supports serial dilutions to study concentration-dependent effects.
Key players operating in the global microplate readers market include Thermo Fisher Scientific, Inc., PerkinElmer, Inc., MDS Analytical Technologies, Corning, Grenier Bio-One, Tecan, BioTek Instruments, Inc., BMG LABTECH GmbH Instruments, Inc., and others.