Navigation Links
Microplate Instrumentation & Supplies Market to Exceed $5.0 Billion by 2015, According to New Report by Global Industry Analysts, Inc
Date:11/3/2008

Driven by the burgeoning demand from drug discovery research and high throughput screening applications, global market for microplate instrumentation & supplies is projected to amount to $5.0 billion by 2015. A key driving force is the increasing involvement of pharmaceutical and biotechnology companies into screening thousands of compounds.

San Jose, CA (PRWEB) November 3, 2008 -- Playing a pivotal role in laboratory automation and simplification of research process, microplate technology has come to replace conventional micro test tubes and cuvettes for running medium-to-high throughput assays. Ever increasing testing volumes have prompted majority of laboratories to implement lab automation, which essentially include microplate instrumentation. Miniaturization of laboratory processes is yet another driving force for the industry, leading to a drastic cut in the need for expensive reagent sample size, thereby cutting costs and improving throughput. The market is evolving rapidly following innovative developments in automation, liquid handling and detection devices. Drug Discovery has emerged as a lucrative application in the worldwide microplate instrumentation & supplies market. Rapid growth stems from spurt in scientific discoveries, following the human genome project, and other advancements in analytical technology.

United States, Europe and Japan represent the leading regions with share exceeding 85% for the year 2008, as stated in a recent report published by Global Industry Analysts, Inc. United States market for microplate instrumentation is highly competitive and comprises of suppliers offering a whole range of microplate products including instruments, accessories and consumables. Liquid handling and robotic equipment market in the United States is projected to reach US$698 million by 2012.

Sudden upsurge in the use of high throughput microplate readers in drug discovery is ascribed to the advancements in combinational chemistry that created rapid synthesis of several new compounds. Further, the emergence of multimode readers capable of functioning with multiple detection techniques, especially a combination of fluorescence and luminescence, is also fuelling growth in the segment market. Microplate readers market in Europe is projected to register sales of US$305 million by the year 2010.

Leading players profiled in the report include Beckman Coulter Inc., Biohit Plc, Bio-Rad Laboratories Inc., BioTek Instruments Inc., BMG LABTECH GmbH, Caliper Life Sciences, Molecular Devices, PerkinElmer Inc., Tecan Group Ltd., and Thermo Fisher Scientific Inc.

The report titled "Microplate Instrumentation & Supplies: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive insight into market trends and technology trends shaping the industry. Product Segments analyzed in the report include Microplate Readers (UV-Vis Spectrophotometer, Fluorometer, Luminometer, Scintillation Counter, and Multimode Readers), Microplate Washers & Accessories, Liquid Handling & Robotic Equipment, and Microplates & Consumables market. The report enumerates recent product launches/innovations, developments, mergers, acquisitions and other strategic industry activities. Analysis is presented for established and emerging markets including United States, Japan, France, Germany, United Kingdom, Italy, and Asia-Pacific for the period 2000-2015.

For more details of this research report, please visit http://www.strategyr.com/Microplate_Instrumentation_And_Supplies_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press @ StrategyR.com
Web Site http://www.StrategyR.com/

###

Read the full story at http://www.prweb.com/releases/microplate_instruments/microplate_supplies/prweb1553804.htm


'/>"/>
Source: PRWeb
Copyright©2008 Vocus, Inc.
All rights reserved  

Related biology technology :

1. Alliance for Medical Devices, Instrumentation and Diagnostics formed between Fraunhofer Center for Manufacturing Innovation and Boston University
2. Instrumentation Laboratory Receives FDA Clearance to Expand the Intended Use for HemosIL(R) D-Dimer HS Assay
3. Thermo Fisher Scientific Selected by China Doping Control Center to Supply Testing Instrumentation for the 2008 Olympic Games in Beijing
4. HealthTrust Expands Contract With Instrumentation Laboratory for Critical Care Portfolio to Include Consorta
5. Cepheid and Instrumentation Laboratory Introduce Xpert(TM) HemosIL(R) FII & FV Assay to European Clinical Testing Market
6. Instrumentation Laboratory Ships 1000th GEM Premier 4000 Analyzer to Scripps Health
7. Instrumentation Laboratory to Celebrate 50th Anniversary With 50 and Forward Program
8. Instrumentation Laboratory Announces Contract for Multi-Parameter Testing Products with Broadlane
9. PerkinElmer Expertise and Solutions Integral to Food Safety Monitoring for the Beijing Games : Methods, Applications Expertise and Instrumentation Deployed in Mobile Laboratory
10. Instrumentation Laboratory Receives FDA Clearance to Expand the Intended Use of HemosIL(R) D-Dimer Assay
11. Instrumentation Laboratory Announces Passion & Results Awards Program
Post Your Comments:
*Name:
*Comment:
*Email:
Related Image:
Microplate Instrumentation & Supplies Market to Exceed $5.0 Billion by 2015, According to New Report by Global Industry Analysts, Inc
(Date:12/2/2016)... LOS ANGELES , Dec. 2, 2016 ... research and development company specializing in oncology, today announced ... a noted sarcoma surgeon, industry consultant, and private healthcare ... Brien is a healthcare leader with clinical and strategic ... Kriegsman , CytRx,s Chairman and CEO. "As one of ...
(Date:12/2/2016)... ... December 01, 2016 , ... ... Symposium (CSS) and the popularity of US Single Day Events (SDE) to organize ... early Summer 2018, in Raleigh, NC. Topics of the pharmaceutical and life sciences ...
(Date:12/2/2016)... (PRWEB) , ... December 02, 2016 , ... Robots will ... Event on December 3rd, 2016. The event, which is held on the United ... with helping Americans with Disabilities back into the workplace. Suitable Technologies is partnering with ...
(Date:11/30/2016)... CLEVELAND , Nov. 30, 2016  GenomOncology today announced ... Vice President of Medical Affairs.  Dr. Coleman ... enhancing the company,s proprietary knowledge-enabled platform. The GenomOncology software suite ... of genetic sequencing data and clinical decision support, from quality ... , ...
Breaking Biology Technology:
(Date:6/21/2016)... Columbia , June 21, 2016 ... to the new role of principal product architect ... named the director of customer development. Both will ... chief technical officer. The moves reflect NuData,s strategic ... in response to high customer demand and customer ...
(Date:6/15/2016)... June 15, 2016 Transparency ... titled "Gesture Recognition Market by Application Market - Global Industry Analysis ... 2024". According to the report, the  global gesture recognition ... 2015 and is estimated to grow at a ... by 2024.  Increasing application of gesture ...
(Date:6/7/2016)... -- Syngrafii Inc. and San Antonio Credit Union (SACU) ... Syngrafii,s patented LongPen™ eSignature "Wet" solution into SACU,s ... in greater convenience for SACU members and operational ... document workflow and compliance requirements. Logo ... Highlights: ...
Breaking Biology News(10 mins):