Microplate Washers Market Size

Microplate Washers Market Size to Reach US$ 690 Million by 2027


Latest Study on “Microplate Washers Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2027”. The global Microplate Washers market size is expected to be worth around US$ 690 Million by 2027, according to a new report by nova one advisor.

The global Microplate Washers market size was valued at US$ 520 Million in 2020 and is anticipated to grow at a CAGR of 3.9% during forecast period 2021 to 2027.

Growth Factors:

The Microplate washers are laboratory instruments used for multiple applications such as cell-based assay, microsphere-based assays, and ELISA. A dependable washer is quiet, easy to clean, and leaves no residue, thereby preventing contamination and reducing background. Strip washers and full-plate washer are the types available for microplate washers. The global microplate washers market is expanding, owing to the adoption of integrated systems and automation. The adoption of newer technologies is fueling demand for advanced products. This represents new business development opportunity. Most end users are moving toward laboratory automation systems in order to reduce turnaround time, minimize human errors, enhance the degree of accuracy, and increase overall productivity of laboratory functions. Thus, key players are engaged in offering automated microplate washers. This, in turn, is estimated to offer significant opportunity in the microplate washers market.

North America dominated the global microplate washers market in 2020. The trend is anticipated to continue during the forecast period. Strategies adopted by key players, such as product approval & launch and mergers & acquisitions, well-established healthcare infrastructure, and early adoption of advanced therapeutics, boost the microplate washers market in the region. Asia Pacific is likely to be a highly lucrative market for microplate washers. The market in the region is expected to expand at a high CAGR during the forecast period. Government initiatives in developing countries toward modernization of animal healthcare infrastructure and rise in awareness about advanced therapeutics are key factors that are anticipated to fuel the microplate washers market in Asia Pacific.

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Key Players:

This report provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the Microplate Washers market and ranks noticeable companies as per their occurrence in diverse regions across globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.

Some of the prominent players in the Microplate Washers market include:

Thermo Fisher Scientific, Inc., Berthold Technologies GmbH & Co.KG, Tecan Trading AG, Molecular Devices, LLC (Danaher), BioTek Instruments, Inc. (Agilent Technologies), CAPP, Bio-Rad Laboratories, Inc., Paramedical s.r.l., Shenzhen Mindray Bio-Medical Electronics Co., Ltd, and Biosan.

Unravelling the Critical Segments

This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:

Global Microplate Washers Market: Segmentation

  • Microplate Washers Market, by Modality
    • Automated
    • Manual
  • Microplate Washers Market, by Type
    • Strip Washers
    • Full-plate Washers
  • Microplate Washers Market, by Application
    • ELISA
    • Vacuum Filtration
    • Bead Washing
    • Cell-based Assay
    • Others
  • Microplate Washers Market, by End User
    • Pharmaceutical & Biopharmaceutical Industries
    • Academics & Research Institutes
    • Labs & Diagnostic Centers

Regional Segmentation:

– North America Region (U.S., Canada, Mexico)

– Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe)

– Asia-Pacific Region (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

– South America Region (Brazil, Argentina, Columbia, Rest of South America)

– The Middle East & Africa Region (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Despite unprecedented implications of the COVID-19 outbreak, the market will gain impetus amidst soaring investment towards sophistication of the healthcare sector. The market survey offers compelling insights into key factors enabling growth through the assessment period. It underscores hidden opportunities across diverse segments. Besides uncovering hidden opportunities, the report presents exclusive insights into challenges posing threat to growth. Alongside this, it offers recommendations to navigate through unforeseen hindrances in the future, while keeping the business afloat.

North America to Dominate Microplate Washers Market

In terms of region, the global microplate washers market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global microplate washers market in 2020, followed by Europe. North America accounted for a major share of the global microplate washers market in 2020. The presence of key players, adoption of advanced therapeutics, and focus on research & development are key factors that are anticipated to drive the microplate washers market in the region. The microplate washers market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period. The rise in awareness and adoption of integrated systems is projected to drive the microplate washers market in the region. Moreover, a surge in the number of people with various chronic diseases, leading to an increase in diagnostic tests is anticipated to drive the market.

Scope of the Study

This Microplate Washers market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes market by players, type, application, and region. This report also studies global market prominence, competitive landscape, market share, growth rate market dynamics such as drivers, restraints and opportunities, and distributors and sales channel.

This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers competitive scenario which comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

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Final Report will add the analysis of the impact of COVID-19 on this industry.

Important years considered for this report:

Historical Years: 2017-2020

Base Year: 2020

Forecast Period: 2021-2027

Key Points Covered in Microplate Washers Market Survey

  • Demand will remain high in the U.S., backed by favourable reimbursement policies and presence of some of the leading market players.
  • Europe will continue showcasing high demand. Sales will remain high, especially in the U.K., Germany, France, and other countries.
  • China and India will exhibit high demand for Microplate Washers, backed by expanding healthcare sector.
  • Focus on research and development will increase in Brazil, creating opportunities for the expansion of the Microplate Washers market.
  • Hospitals are expected to showcase higher demand for Microplate Washers on account of greater access to advanced technologies and higher footfall of patients.
  • Driven by the presence of some of the leading pharmaceutical producers, demand in the Japan Microplate Washers market will continue increasing at a high pace.

Some of the key highlights covered in the report include:

  • Microplate Washers Market Demand-Supply Analysis -The report covers detailed insights into demand and supply forces prevailing in the global Microplate Washers market. It examines trends and factors influencing demand for Microplate Washers globally and gauges the impact of the same on the production.
  • Microplate Washers Pricing Analysis – The report presents exclusive pricing analysis. It compares pricing strategies adopted by the leading market players and identifies the most remunerative strategies.
  • Market Segmentation – The report segments the global market in terms of diverse criteria. It identifies the leading segment within each category and identifies growth drivers and restraints affecting growth across each segment.
  • Regional Analysis – The report segments the market in terms of North America, Europe, Latin America, Asia Pacific, and Rest of the World in terms of region. It has chapters exclusively dedicated to analyzing growth trends across each region. It identifies growth drivers as well challenges affecting demand for Microplate Washers across the world.
  • Competitive Analysis – Some of the leading market players are profiled in the report on Microplate Washers. The report offers estimation of share individually helps by the market players and determines the impact of some of their popular strategies.
  • COVID-19 Impact Analysis – This chapter is exclusively dedicated to gauging how the market has evolved or will develop in the post-pandemic era.
  • Growth Recommendations – In the end, the report presents valuable recommendations to ready businesses for unforeseen challenges in the near future.

Why should you invest in this report?

If you are aiming to enter the global Microplate Washers market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for Microplate Washers are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2027 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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