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Label-free Array Systems Market: Global Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

Label-free Array Systems Market By Technology (Cellular Dielectric Spectroscopy, Surface Plasmon Resonance, Bio-layer Interferometry, and Others), By Application (Protein Complex & Cascade Analysis, Drug Discovery, Antibody Characterization & Development, Protein Interface Analysis, and Others), By End User (R&D Laboratories, Contract Research Organizations, Agriculture Research Institutes, and Others), and Geography

 

Market Outline: Label-free Array Systems Market

 

Label-free array systems are the devices that monitors the molecular interactions in an array format. These are used in identification and validation of new molecules. The system offers freedom to choose array format. The label-free array systems are used in the biotechnology and pharmacological industries.

 

Increase in the prevalence of chronic diseases has driven the need for discovery of the drugs to treat ailments. Hence, for the identification or validation of new molecules these systems play a vital role and they also reduce the time and cost of the procedure which is expected to drive the growth of the label-free array systems market. The increasing number of biotechnology companies and growing collaborations and acquisitions among the pharmaceutical companies is adding fuel for the growth of the label-free array systems market. The rising investments in the research and development by the pharmaceutical and biotechnology companies are also boosting the growth of the market. However, the high cost of the equipment is expected to hinder the growth of the label-free array systems market.

 

Global label-free array systems market was valued at US $ XX Mn in 2017 and expected to grow at 5.5% Compound Annual Growth Rate (CAGR) over 2018 to 2024

 

Market Scope: Label-free Array Systems Market

Label-free array systems market is segmented based on the technology, application, and end user

Based on the technology, the market is segmented into the following:

  • Cellular Dielectric Spectroscopy
  • Surface Plasmon Resonance
  • Bio-layer Interferometry
  • Others

 

Based on the application, the market is segmented into the following:

  • Protein Complex & Cascade Analysis
  • Drug Discovery
  • Antibody Characterization & Development
  • Protein Interface Analysis
  • Others

 

Based on the end user, the market is segmented into the following:

  • R&D Laboratories
  • Contract Research Organizations
  • Agriculture Research Institutes
  • Others

 

Regional Analysis:  Label-free Array Systems Market

Geographically, global label-free array systems market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America label-free array systems market is the dominant market when compared with that of the other regional markets. The technological advancements laid a major scope for the growth of the market in this region. The presence of large number of pharmaceutical and biotechnology companies and increasing R&D expenditure are attributed for the growth of the market in this region. The Europe and Asia Pacific regions label-free array systems market is expected to grow at significant rate over the forecasted period owing to its developing research infrastructure and emerging economies.

 

Competition Assessment: Label-free Array Systems Market

  • Danaher Corporation (U.S)
  • Ametek, Inc(U.S)
  • Bio-Rad Laboratories, Inc (U.S)
  • PerkinElmer (U.S)
  • Pall Corporation (U.S)
  • General Electric Corporation (U.S)

 

Key Features of the Report:

  • The report covers exhaustive regional information, that includes North America (the USA and Canada), Europe (Germany, France, Italy, UK, Spain, Russia, Poland and Rest of Europe), Asia-Pacific (Japan, China, India, Australia & New Zealand, ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others), South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentian, Venezula, and Rest of Latin America), and Middle East and Africa (Gulf Cooperation Council (GCC) Countries, Israel, South Africa, and Rest of Middle East and Africa)
  • The report provides granular level information about the market size, regional market share, historic market (2013-2017) and forecast (2018-2024)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
  • Danaher Corporation (U.S)
  • Ametek, Inc(U.S)
  • Bio-Rad Laboratories, Inc (U.S)
  • PerkinElmer (U.S)
  • Pall Corporation (U.S)
  • General Electric Corporation (U.S)

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