DUBLIN--(BUSINESS WIRE)--The "Global Automated Plate Readers Market - Segmented by Type, Application, and Region - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global automated plate readers market is expected to grow at a CAGR of 10.68%, over the forecast period (2018-2023).
As the demand for testing and more test types, coupled with efficient usage of advanced diagnostic devices, and increasing automation increases, the laboratory equipment for laboratory automation is rising to meet the needs. The need for flexibility and adaptability in a laboratory is driving more number of laboratories to look for solutions that will help in growing their panel selections in diagnostic systems, along with the ability to offer flexibility to third-party providers.
Technological innovations leading to device miniaturization and increased throughput, demand for replicable and accurate solutions to aid diagnostics/clinical research, and the need for efficient testing processes to off-set lack of highly skilled laboratory professionals, are the factors fueling the growth in bioanalysis. This segment is expected to grow with the highest annual growth rate, during the forecast period. This is due to the snowballing investments and R&D activities in biotechnology and life sciences for applications in drug discovery, which propel the need for automated plate readers.
The market landscape in North America is extremely dynamic, with a high level of merger and acquisition activities and many high-value deals. The United States is a major contributor in this region. Asia-Pacific and Latin America are the emerging regions and are expected to grow at an exponential rate, owing to factors like considerable increase in outsourcing pharmaceutical manufacturing, due to the availability of cheaper resources and labors. Stringent regulations for classification of devices imposed by the US government and the FDA, to assure safety and effectiveness, along with the growing demand in the market, is also expected to drive the market for automated plate readers.
- Agilent Technologies
- Aurora Biomed
- Becton Dickinson
- Eppendorf AG
- Honeywell International
- Hudson Robotics
- Roche Holding AG
- Siemens Healthcare
- Synchron Lab Automation
- Tecan Group Ltd
- Thermo Fisher Scientific
Key Topics Covered
2. Research Approach and Methodology
3. Executive Summary
4. Market Overview
5. Market Dynamics
6. Technology Overview
7. Different Equipment In Lab Automation
8. Global Automated Plate Readers Segmentation
9. Competitive Intelligence - Company Profiles
10. Investment Analysis
11. Future of the Market
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