What is ATP Assay Market?
Adenosine 5'-triphosphate is defined as the cellular metabolism's chemical energy and is often related to as the cell's energy currency. During photosynthesis and cellular respiration, Adenosine 5'-triphosphate is obtained in living cells & absorbed in cellular processes, which include biosynthetic reactions, motility, cell division, and others. ATP Assay Kit offers a fast method for intracellular ATP measurement. The intensity of light is a direct measure of the concentration of intracellular Adenosine 5'-triphosphate. Adenosine 5'-triphosphate Assay Kit is intended as an easy method that uses glycerol phosphorylation to produce a product that is easily quantified by colorimetric.
Highlights from ATP Assay Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Merck KGaA (Germany), Thermo Fisher Scientific, Inc. (United States), Abcam plc. (United Kingdom), Danaher Corporation (United States), Hygiena, LLC. (United States), BioThema AB (Sweden), PerkinElmer, Inc. (United States), Lonza Group (Switzerland), Promega Corporation (United States) and Agilent Technologies, Inc. (United States) |
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global ATP Assay market throughout the forecasted period.
Merck KGaA (Germany), Thermo Fisher Scientific, Inc. (United States), Abcam plc. (United Kingdom), Danaher Corporation (United States), Hygiena, LLC. (United States), BioThema AB (Sweden), PerkinElmer, Inc. (United States), Lonza Group (Switzerland), Promega Corporation (United States) and Agilent Technologies, Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Abnova Corporation (Taiwan), AAT Bioquest (United States), PromoCell GmbH (Germany), BioVision, Inc. (United States), Geno Technology, Inc. (United States), Biotium (United States), Canvax Biotech S.L. (Spain), Creative Bioarray (United States), Elabscience (United States) and MBL International Corporation (United States). ATP Assay Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Contamination Testing, Disease Testing and Drug Discovery & Development |
Type | Consumables & Accessories {Reagents & Kits, Microplates, Other Consumables & Accessories} and Instruments {Luminometers, Spectrophotometers} |
End User | Pharmaceutical & Biotechnology Companies,Food & Beverage Industry,Hospitals & Diagnostics Laboratories,Academic & Research Institutions |
On the basis of geography, the market of ATP Assay has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technology Advancement regarding ATP Assay
Market Growth Drivers:
Increasing Demand in Pharmaceutical and Biotech Companies for ATP Assay, Growing Prevalence of Cancer and Other Chronic as well as Infectious Diseases and Increasing Shift from Culture-Based Tests to Rapid Tests
Challenges:
Lack of Awareness in Some region
Restraints:
Issue related to High Cost of Instruments
Opportunities:
Growing Demand from Emerging Economics such as China, India and Others
Key Target Audience
ATP Assay Manufacturers Company, Regulatory Bodies, Component Suppliers, Government Regulatory Authorities, Technology Investors and Others
Market Leaders & Development Strategies
In August 2018, the Hygiena Company has acquired Biomedal’s Food Safety division. Hence, this acquisition will strengthen the company presence in the ATP assay market across the globe.
In March 2019, the Promega Company has launched the Water-Glo reagent, which uses bioluminescent technology to measure Adenosine 5'-triphosphate. Hence, this launched will increase the product portfolio of the company.