The Global Microplate Luminometer Market size was valued at USD 1.1 billion in 2018 and is estimated to reach USD 2.8 billion by 2028, growing at a CAGR of 12.6% during the forecast period from 2021-2028. The major factors driving the growth of this market are increasing research funding for developing new technologies for drug discovery, rising demand from biotechnology and biochemistry companies, and technological advancements in automated systems such as liquid handling robots used in high throughput screening laboratories.
A Microplate Luminometer is a device for the detection of any chemical or biological reactions in samples by measuring the light intensity. Microplate Luminometers measure luminescence from fluorescent, bioluminescent, and chemiluminescent compounds to detect enzymatic activity such as β-galactosidase, luciferase, and peroxidase.
A microplate luminometer is a tool that measures the luminescence of an antibody-antigen complex. This type of activity can be used to measure how much antigen there is in each well and thereby establish which wells contain different levels of antigens. Aside from quantifying the number of antibodies present, these instruments also help determine whether they’re capable enough to bind their target at all (if they emit little to no light).
On the basis of Types, the market is segmented into Singlemode Microplate Luminometer and Multimode Microplate Luminometer.
A Singlemode Microplate Luminometer is a measurement instrument that determines the light emitted by samples of substances. This device measures luminescence to determine if certain chemicals are present in the substance and at what concentrations, for example, beta-galactosidase enzyme activity. The microplate luminometer can also be used in molecular biology applications such as DNA quantification or protein detection.
Multimode Microplate Luminometer can be defined as an advanced, multi-channel luminometer that can measure the emission of a range of wavelengths from two or more microplates in parallel.
On the basis of Application, the market is segmented into Food and Beverage Industries, Biotechnology and Biochemistry Companies, Other.
Microplate luminometers are used in food and beverage industries for determining the amount of fat, protein, or other nutrients that are present in a product. For example, it can be used to determine if milk is homogenized before packaging.
The use of microplate luminometers in Biotechnology and Biochemistry Companies are increasing with time. It has helped in faster detection, lower detection limits, elimination of false-positive results, better regulatory compliance by monitoring sterility assurance levels, and reduction in the need for labor-intensive methods like microscopic counting.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market is the largest market in terms of revenue. In this market, Singlemode microplate luminometers are more preferred than multimode ones owing to their low cost coupled with better sensitivity levels. The Latin American region is expected to witness a significant increase in demand over the next five years due to the rise in healthcare expenditure and technological advancements.
Up Market Research published a new report titled “Microplate Luminometer Market research report which is segmented by Types (Singlemode Microplate Luminometer, Multimode Microplate Luminometer), By Applications (Food and Beverage Industries, Biotechnology and Biochemistry Companies, Others), By Players/Companies Promega, Tecan, Berthold Technologies, Thermo Fisher Scientific, Meril Life Sciences, Luminex, SAFAS, MicroDigital, Danaher, CTK Biotech, Titertek-Berthold, MICRODIGITAL, Awareness Technology”.
Report Attributes | Report Details |
Report Title | Microplate Luminometer Market Research Report |
By Type | Singlemode Microplate Luminometer, Multimode Microplate Luminometer |
By Application | Food and Beverage Industries, Biotechnology and Biochemistry Companies, Others |
By Companies | Promega, Tecan, Berthold Technologies, Thermo Fisher Scientific, Meril Life Sciences, Luminex, SAFAS, MicroDigital, Danaher, CTK Biotech, Titertek-Berthold, MICRODIGITAL, Awareness Technology |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 225 |
Number of Tables & Figures | 158 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Singlemode Microplate Luminometer, Multimode Microplate Luminometer and By Application Food and Beverage Industries, Biotechnology and Biochemistry Companies, Others.
Some of the companies that are profiled in this report are:
Microplate Luminometer Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Microplate Luminometer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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