Microplate Reader Market To Expand Industry Growth At USD 809.2 Million By 2030
San Francisco, 26 July 2023: The Report Microplate Reader Market Size, Share & Trends Analysis Report By Product (Single-mode Readers, Multi-mode Readers), By Application, By End Use, By Region, And Segment Forecasts, 2023 - 2030 The global microplate reader market size is expected to reach USD 809.2 million by 2030, expanding at a CAGR of 7.59% from 2023 to 2030, according to a new report by Grand View Research, Inc. Growth in research and development activities and rising investments in the biotechnology sector are boosting the adoption of microplate reading technologies. In addition, the global rise in the prevalence of infectious diseases and frequent disease outbreaks in endemic areas are anticipated to increase the demand for microplate readers for clinical diagnostics. Furthermore, microplate readers can offer high-throughput screening and enable an analysis of up to 3456 samples at a time. This leads to the minimization of the operational time and quantity of reagent