Australia Microplate Reader Market Size, Share, and COVID-19 Impact Analysis, By Product (Single-Mode Readers and Multi-Mode Readers), By Application (Genomics & Proteomics Research, Drug Discovery, Clinical Diagnostics, and Others), and Australia Microplate Reader Market Insights, Industry Trend, Forecasts to 2035

Australia Microplate Reader Market Insights Forecasts to 2035

• The Australia Microplate Reader Market Size was Estimated at USD 5.82 Million in 2024
• The Australia Microplate Reader Market Size is Expected to Grow at a CAGR of around 7.77% from 2025 to 2035
• The Australia Microplate Reader Market Size is Expected to Reach USD 13.25 Million by 2035

The Australia Microplate Reader Market is Anticipated to reach USD 13.25 Million by 2035, Growing at a CAGR of 7.77% from 2025 to 2035. Owing to the increasing population and the subsequent rise in diseases, growing government support can be witnessed for research, which is expected to provide multiple growth opportunities in Australia microplate reader market.

Market Overview

Devices for high-throughput screening in clinical diagnostics, pharmaceuticals, and biotechnology are included in the Australia microplate reader market. These devices facilitate drug discovery, nucleic acid detection, and enzyme-linked immunosorbent assays (ELISA) by analyzing biological, chemical, and physical processes in microplates. Advanced detectors, better light sources, and precise optics all help to increase sensitivity and signal-to-noise ratios, which present lucrative opportunities for market growth. The benefits of microplate readers over spectrophotometric instruments, such as improved speed and efficiency in analytical processes and a wide variety of reading tasks, are expected to boost Australia microplate reader market. The biotechnology industry's expansion and the growing range of uses in drug development and genomics, and proteomics research are driving the use of Australia microplate reader market. Technological developments, more money for research, and the growing need for automated laboratory solutions are the main factors driving Australia microplate reader market.    

Report Coverage

This research report categorizes the market for the Australia microplate reader market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Australia microplate reader market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Australia microplate reader market.  

Driving Factors

The requirement for high-throughput screening in genomics and drug discovery, as well as increased demand in life sciences research and diagnostics, are the main drivers of the Australia microplate reader market expansion. The market is being driven by the usage of microplate readers for biomarker identification and a greater emphasis on customized therapies. One of the main factors supporting the Australia microplate reader market is the increase in clinical studies carried out globally. Growing healthcare issues and the expansion of research labs are the main factors driving the market growth.  The increased prevalence of diseases like influenza and rising patient awareness are the main factors driving the Australia microplate reader market.

Restraining Factors

The Australia microplate reader market is restricted by difficulties with data security, complicated integration, high prices, and regulatory compliance, which limit scalability and broad acceptance in research and diagnostics.

Market Segmentation

The Australia microplate reader market share is classified into product and application.

• The single-mode readers segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Australia microplate reader market is segmented by product into single-mode readers and multi-mode readers. Among these, the single-mode readers segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. Single-mode readers have a large market share and are well-known in a variety of academic and corporate research and development contexts. In addition, single-mode readers are available from a number of vendors and are quite simple to use. The category is thus expected to be driven by the availability of a wide range of options.   

• The drug discovery segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Australia microplate reader market is segmented by application into genomics & proteomics research, drug discovery, clinical diagnostics, and others. Among these, the drug discovery segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The wide range of uses for microplate reading devices in drug discovery procedures is responsible for the drug discovery segment. These technical advancements are making advanced readers easier to use and encouraging their usage in drug discovery applications.   

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Australia microplate reader market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Danaher Corp
• Thermo Fisher Scientific Inc
• Lonza Group Ltd
• PerkinElmer
• Agilent Technologies Inc
• Bio-Rad Laboratories Inc
• Promega
• BMG LABTECH
• Berthold Technologies GmbH & Co.KG
• Enzon Pharmaceuticals Inc
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the Australia, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Australia microplate reader market based on the below-mentioned segments:

Australia Microplate Reader Market, By Product

• Single-Mode Readers
• Multi-Mode Readers

Australia Microplate Reader Market, By Application

• Genomics & Proteomics Research
• Drug Discovery
• Clinical Diagnostics
• Others