With more advancements in technology, the microplate absorbance reader market is constantly evolving. Microplate absorbance readers are becoming more versatile, functional, and fast as they become more popular. The market for microplate absorbance readers is growing in response to the growing demand from users.
For these reasons, companies are concentrating their efforts on R&D in order to gain the largest share of the global microplate absorbance reader market. Microplate absorbance readers are used to measure colorimetric substrates and protein concentrations in a variety of assays, such as ELISA. During the forecast period, the market for microplate absorbance readers is expected to expand at a double-digit CAGR.
Microplate Absorbance Reader Market: Key Players
Some of the players identified in global microplate absorbance reader market include Bio-Rad Laboratories, BioTek Instruments, Inc., PerkinElmer Inc., Thermo Fisher Scientific Inc., Molecular Devices, LLC., Tecan Trading AG, Accuris Instruments and others. The market players are majorly focused on increasing the strong line of distribution channels and marketing of microplate absorbance readers.
Microplate Absorbance Reader Market: Segmentation
Tentatively, global microplate absorbance reader market has been segmented on the basis of type, end user, and geography.
Based on type, global microplate absorbance reader market is segmented as below:
- Single-Mode Microplate Absorbance Readers
- Multimode Microplate Absorbance Readers
Based on end user, global microplate absorbance reader market is segmented as below:
- Biotechnology Companies
- Research Institutes
- Contract Research organization’s
- Others
Geographically, global microplate absorbance reader market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding China and Japan, China, Japan, Middle East and Africa. Currently, North America microplate absorbance reader market is expected to contribute maximum shares to the global microplate absorbance reader market due to the presence of established key players in this region.
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