As per market research report, the pharmaceutical and biotechnology companies were the major end-users to the LFD market during 2017. The increase in drug discovery and product development and the rising partnerships with academic and research organizations, will drive the growth of the LFD market in this end-user segment during the next few years.
To Understand the ICT Industry Status worldwide, Market Research Hub (MRH) has included the latest Forecast report titled “Global Label-Free Detection (LFD) Market Size,Status and Forecast 2025” to its vast database. This industry research report identifies Bio-Rad Laboratories, GE Healthcare, and F.Hoffman-La Roche as the key vendors in the global label-free detection (LFD) market.
A comprehensive analysis of this market is also presented by product (biochemical assays and cell-based assays), by end-user (pharmaceutical and biotechnology companies, CROs, and academic and research institutes), and by geography (the Americas, APAC, and EMEA).
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Overview of the global label-free detection (LFD) market
Research analysis on the global label-free detection (LFD) market identifies that the rise in drug discovery programs will be one of the major factors that will have a positive impact on the market’s growth.
The rise in the occurrence of chronic diseases such as respiratory diseases, chronic kidney diseases, and leukemia have increased the need for drug discovery. Numerous drug discovery programs are organized by several academic and research institutes around the world.
Drug development mainly helps in testing the harmfulness of drug and effectiveness at the target tissue or organ in a patient. Moreover, the growth in drug discovery has also led to a high demand for personalized medicines and the market is also witnessing a rise in partnerships between academic research institutes and major pharmaceutical and biotechnology companies.
For instance, Biocon is one of the key companies in the pharmaceutical market carrying out high number of drug discoveries. The company is involved in various drug discovery programs for product innovation and product line expansion.
The increase in drug discovery programs by academic institutes and pharmaceutical companies will positively impact the growth of the LFD market.
In terms of geographic regions, the Americas will be the major revenue contributor to the LFD market throughout the forecast period. This is mainly due to the increasing prevalence of diseases and the growth in drug discovery programs in the region.
Partnerships between academic institutes and large companies and the presence of several pharmaceutical and biotechnological companies, will also boost the market’s growth in the Americas.
This report studies the global Label-Free Detection (LFD) market, analyzes and researches the Label-Free Detection (LFD) development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
F. Hoffman-La Roche Ag
Hitachi High-Technologies Corporation
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Market segment by Regions/Countries, this report covers
Market segment by Type, the product can be split into
Market segment by Application, Label-Free Detection (LFD) can be split into
Endogenous Receptor Detection
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