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Label-free detection market to grow by 5.38% till 2021

Industrial Market Research

The label-free detection (LFD) market report covers the present scenario in the industry and the growth prospects of the global market for 2017-2021.

According to the Label-free Detection Market (LFD) report, one driver in the market is rise in drug discovery programs. The increasing incidence of chronic diseases such as respiratory diseases, chronic kidney diseases, leukemia, and others have contributed to the rise in drug discovery.

The drug development helps in testing the toxicity of drug and efficacy at the target tissue or organ in a patient. Rise in drug discovery results in an increased demand for personalized medicines in the Label-free Detection Market (LFD).

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The analysts forecast global label-free detection (LFD) market to grow at a CAGR of 10.76% during the period 2017-2021. LFD technology is used in the process of drug discovery.

The main use of LFD technology is kinetics and analysis during drug discovery. LFD technology is widely used for end-point screening and specificity testing.

Some of the benefits of LFD technology include faster turnaround time, real-time kinetic analysis, and others. LFD technology has replaced radioactive assay and enzyme-linked immunosorbent assay (ELISA).

It helps study the interaction between drug and target.

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Key players in the global label-free detection (LFD) market: Bio-Rad Laboratories, GE Healthcare, and F.Hoffman-La Roche. Other Prominent Vendors in the market are: AMETEK, Attana, BiOptix, Corning, Juno Therapeutics, Pall, and SymCel.

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This report, Global Label-free Detection (LFD) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

Market driver

  • Rise in drug discovery programs
  • For a full, detailed list, view our report

Market challenge

  • Strained laboratory budgets and decline in reimbursement
  • For a full, detailed list, view our report

Market trend

  • Potential opportunities for POL
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

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