Materials & Chemicals Market Research News

Research details developments in the North American label free detection market estimated to grow at a CAGR of 10.97% during 2016 to 2021

Researchers certainly have embraced detection modalities based on tagging with radioisotopes, fluorescent dyes, and conjugated enzymes. Yet in many cases such molecular baggage is unnecessary, and possibly detrimental.

- Advertising -

According to the report “North America Label Free Detection Market By Technology (Bio-layer Interferometry, Cellular Dielectric Spectroscopy, Optical Waveguide Grating Technology, Surface Plasmon Resonance), By Product Type (Consumables Such As Biosensor Chips And Microplates, Instruments), By Application (Binding Kinetics, Binding Thermodynamics, Endogenous Receptor Detection, Hit Confirmation, Lead Generation), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)” published by Market Data Forecast, the North America Label Free Detection Market was worth USD 490 million in 2016 and estimated to be growing at a CAGR of 10.97%, to reach USD 640 million by 2021.

Request Free Sample Market Brochure of the report @ marketdataforecast.com/market-repo…66/request-sample

Researchers certainly have embraced detection modalities based on tagging with radioisotopes, fluorescent dyes, and conjugated enzymes. Yet in many cases such molecular baggage is unnecessary, and possibly detrimental.

But there is another way. Whether based on optical, mechanical, or electrical detection, label-free methods can probe molecular entities in their native, unadulterated states.

- Advertising -

As a result, they are faster, simpler, and more physiological than their labelled counterparts. The progress made by the label free detection market can be seen not only through the sales figures that speak for themselves, but they have also ushered in a new era of drug development.          

The data gathered from Label Free Detection technologies is albeit a bit complex but provides a better reflection of the target biology. The outstanding features of Label Free Detection include improved cost efficiency, higher levels of sensitivity as well as sophisticated data analysis.

Unlike traditional assay tools, these detecting techniques do not require spatial interference. All these benefits associated with these techniques are boosting the growth of the label free detection techniques market.

As for the constraints of using label free technologies, it is often regarded as a ‘black box’ technology, wherein the user finds it difficult to decode the signals. Using label free technologies, the need for labels is no longer there as the name suggests, meaning there is no need for genetic manipulation of cells.

This ensures that the response recorded by the researcher is as authentic as it can get as the cell’s physiological activity is uncontaminated. Other advantages of label free technologies include decreased costs, decreased instrument sizes as well as higher value for money capital.

Also in the medical field, each customer is unique. LFD technology finds it difficult to understand the customers’ needs.

The North America Label Free Detection market is broadly classified into Consumables (Biosensor Chips and Microplates) and Instruments based on product type. Furthermore, based on application they are classified into Binding Kinetics, Binding Thermodynamics, Endogenous Receptor Detection, Hit Confirmation and Lead Generation.

Based on technology used, they are classified into Bio-layer Interferometry (BLI), Cellular Dielectric Spectroscopy, Optical Waveguide Grating Technology (OWG) and Surface Plasmon Resonance (SPR). Based on geography, the North America market is divided mainly into USA and Canada.

The North America market boasts the highest market share with around a third of the market share. But due to the already high market share, the CAGR has taken a hit and is just under 11% which is the lowest among all five regions.

Some of the major companies dominating the market are:
Ametek, Inc.
Bio-Rad Laboratories, Inc.
BiOptix
Corning, Inc.
Danaher Corporation
General Electric Corporation
Pall Corporation
PerkinElmer
Others

Make an Inquir @ marketdataforecast.com/market-repo…rket-2966/inquire

News From

Market Data Forecast - market research, business intelligence and consultingMarket Data Forecast
Category: Market Research Publishers and RetailersCompany profile: Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. A few key business areas that we handle with excellence include business process improvement, corporate financing and decision making based on market research, assisting in developing appropriate strategy and providing consultancy based on extens ...