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Luminometers Market

Market Insights on Luminometers covering sales outlook, demand forecast & up-to-date key trends

Luminometers Market: Global Industry Analysis 2013 - 2017 and Opportunity Assessment; 2018 - 2028

Luminometers Market Overview

Luminescence is the light emitted by a substance which is not a result of heat but due to a chemical reaction. This phenomenon occurs when there is an oxidative reaction that takes place resulting in molecules in excited state.

These reactions emit energy in the form of photons. Some of these substances include Luminal and luciferin. Measurement of luminescence is known as luminometer.

Luminometer can measure femtomole quantities and do not require wavelength selectors in spectrometry since the light emitted in luminescence is monochromatic in nature.

Some of the applications include the measurement of bacterial luminescence, co-enzyme measurement and luminal based chemiluminescent assays.

A luminometer consist of a light-tight chamber in which the sample can be placed along with a light-tight reagent feed, a detector, an amplifier and a recorder. The key part of the luminometer is the detector also known as photo multiplier tubes, these are very sensitive and can detect a range of wavelengths of light. 

There are two types of luminometers, they are tube luminometers and microplate luminometers. The tube luminometer is used when a single product need to analyzed while multiple samples can be analyzed on the microplate luminometers.

Both types are widely used in in research and academic institutions, for diagnostic assays and pharmaceutics assay. Some of the assays in which luminometers are used include luciferace assay, ATP assays, cellular luminescence, gene reporter assays, enzyme activity assays, and cell based assays used in drug discovery.

Some of these luminometers have additional features such as liquid handling systems and specialized filters. The cost of luminometers is about USD$3,000 to $14,000 based on type, quality and features of the product.

Some of the luminometers manufacturers include Promega Corporation, Thermo Fisher Scientific, Berthold Technologies, BMG latch, HORIBA Scientific, Molecular Devices, LLC, and 3M.

A number new products have been launched in the recent years. For an instance, Vital Life Science Solutions, a member of the ITL group announced the launch of the Lu-mini, a low cost benchtop luminometer. The device is expected to revolutionize the luminometer market.

The product uses a solid state detector instead of a photomultiplier tube thereby removing the need of a traditional power supply. The device also has an associated PC app that can be used for analysis.

Luminometers Market: Dynamics

Technological advancements and growing adoption of assay kits are some of the factors that dive the growth of the luminometer market. Increase in R&D investments in the pharmaceutical industry is another factor that drive the growth of the luminometers market.

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Luminometers Market: Regional Outlook

On the basis of geography, the global luminometers market is segmented into seven key regions, namely North America, Latin America, Western Europe, Eastern Europe, and Asia Pacific excluding Japan, Japan, and Middle East & Africa.

North America is projected to hold large share in the global luminometers market primarily due to increased R&D investments, increased adoption of assay kits and increased investment in pharmaceutical research.

Furthermore there are a number of local Chinese players who offer low cost products offer substantial growth of the luminometer market in Asia Pacific region.

Luminometers Market: Key Players

Examples of some of the key players in the global luminometers market are Promega, 3M, Bio Therma, ECHA Microbiology, St. John associates, Microtec, Nokeval, Charm Sciences, Thermofisher Scientific, Berthold Technologies among other key players.

Sabyasachi Ghosh
Sabyasachi Ghosh
Principal Consultant
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Research Methodology

FMI utilizes a triangulation methodology that is primarily based on overall expenditure on life science research and R&D funding and capital equipment installed base to obtain precise market estimations and insights on life science and biotechnology associated products, technologies, applications and services. Bottom-up approach is always used to obtain insightful data for the specific country/regions.

The country-specific data is again analysed to derive data at a global level. This methodology ensures high quality and accuracy of information.

Secondary research is used at the initial phase to identify the feasibility of the target products/technology categories and its respective segments, product and service offerings, equipment installed base in end use facilities, adoption rate and future impact of new technologies.

Additionally, per capita consumption of kits, reagents and consumables among end users is tracked at a granular level to obtain the most accurate information. Each piece of information is eventually analysed during the entire research project which builds a strong base for the primary research information.

Primary research participants include demand-side respondents such as laboratory managers, procurement managers, research supervisors at academic and research institutes, as well as key opinion leaders in addition to supply-side respondents such as equipment and reagent manufacturers, custom solution and service providers who provide valuable insights on trends, research application of products and technologies, purchasing patterns, services offered and associated pricing.

Quantitative and qualitative assessment of basic factors driving demand, economic factors/cycles and growth rates and strategies utilized by key players in the market is analysed in detail while forecasting, in order to project year-on-year growth rates.

These Y-o-Y growth projections are checked and aligned as per associated industry/product lifecycles and further utilized to develop market numbers at a holistic level.

On the other hand, we also analyse annual reports of various companies, investor presentations, SEC filings, 10k reports and earning call transcripts operating in the market to fetch substantial information about the market size, trends, opportunity, drivers, restraints and to analyse key players and their market shares.

Key companies are segmented at tier-level based on their revenues, product portfolio and presence.

Please note that these are the partial steps that are being followed while developing the market size.

Besides this, forecasting will be done based on our internal proprietary model which also uses different macro-economic factors such as overall life science research expenditure, R&D funding, industry based demand driving factors impacting the market and its forecast trends apart from other macroeconomic factors.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina)
  • Western Europe (Germany, Italy, U.K, Spain, France)
  • Eastern Europe (Russia, Poland, Rest Of Eastern Europe)
  • Asia Pacific Excluding China & Japan (India, Australia & New Zealand)
  • China
  • Japan
  • Middle East and Africa (GCC, S. Africa, Rest of MEA)

Luminometers Market: Segmentation

The global lumionometers market is segmented by administration, distribution channel and region:

By Product Type

  • Tube Luminometers
  • Microplate Luminometers

By End Users

  • Academic research
  • Clinical Diagnostics
  • Pharmaceutical

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