According to a new market report published by Lucintel, the future of the
label-free detection market looks promising with opportunities in applications, such as binding kinetics, binding thermodynamics, endogenous receptor detection, hit confirmation, and lead generation. The global label-free detection market is expected to grow with a CAGR of 8% from 2020 to 2025. The major drivers for this market are increasing research activities related to drug discovery and growing pharmaceutical and biotechnology industry.
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Label-free detection method is used for examination of biomolecules and their interactions without reducing the labels or auto-fluorescent effects. This method offers rapid and real-time approach for new drug discovery. In this market, instruments, consumables, and software & services are the major product segments. Lucintel forecasts that consumables will remain the largest product segment over the forecast period, as biosensor chips have high specificity and ability to monitor molecular interactions in real-time.
Within this market, pharmaceutical and biotechnology companies will remain the largest end user segment over the forecast period due to increasing usage of label-free detection technologies for studying biomolecular interactions in drug discovery.
North America will remain the largest region over the forecast period due to increasing research activities related to development of drugs and presence of major companies in the region.
General Electric, Danaher, Thermo Fisher Scientific, Roche, Illumina, Qiagen, Merck, Agilent Technologies, Bio-Rad Laboratories, and AMETEK are among the major suppliers in the global label-free detection market.
Lucintel, a leading global strategic consulting and
market research firm, has analyzed growth opportunities in the global label-free detection market by product, technology, application, end user, and region. Lucintel has prepared a comprehensive research report titled “
Growth Opportunities in the Global Label-Free Detection Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global label-free detection market by product, technology, application, end user, and region as follows:
By Product [Value ($ Million) shipment analysis for 2014 – 2025]:
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Instruments
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Consumables
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Software & Services
By Technology [Value ($ Million) shipment analysis for 2014 – 2025]:
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Surface Plasmon Resonance
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Bio-Layer Interferometry
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Isothermal Titration Calorimetry
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Differential Scanning Calorimetry
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Other LFD (Label-Free Detection) Technologies
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
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Binding Kinetics
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Binding Thermodynamics
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Endogenous Receptor Detection
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Hit Confirmation
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Lead Generation
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Other Applications
By End User [Value ($ Million) shipment analysis for 2014 – 2025]:
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Pharmaceutical & Biotechnology Companies
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Academic & Research Institutes
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Contract Research Organizations
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Other End Users
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
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United States
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Canada
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Mexico
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United Kingdom
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Germany
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France
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.
