About Ligand Binding Assay
Ligand binding assays (LBA) are analytical procedures to quantify an analyte (macromolecule) based on its affinity for a ligand, including but not limited to antibodies, antigens, receptors, oligonucleotides, and peptides. There are various types of ligand binding assays, both radioactive and non-radioactive. As such, ligand binding assays are a superset of radio binding assays, that are the conceptual inverse of radioimmunoassay (RIA). Some newer sorts are referred to as "mix-and-measure" assays because they do not require separation of sure from unbound substance binding assays and are used primarily in pharmacology for varied demands. Specifically, despite the human body's endogenous receptors, hormones, and other neurotransmitters, pharmacologists utilize assays so as to form medicine that are selective or mimic, the endogenously found cellular components. On the opposite hand, such techniques also are available to create receptor antagonists so as to prevent cascades. Such advances offer researchers the power not solely to quantify hormones and hormone receptors but also to contribute vital pharmacological data in drug development and treatment plans.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing on production technologies, efficiency enhancement, and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge investment in market growth strategies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Ligand Binding Assay market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sygnature Discovery (United Kingdom), Shanghai Medicilon Inc (China), Intertek Group plc (United Kingdom), PerkinElmer Inc (United States), Charles River (United States), Alliance Pharma (United Kingdom), Eurofins Discovery (United States), Creative Biogene (United States), IBR Inc (United States), LGC Limited (United Kingdom) and Accelero Bioanalytics GmbH (Germany) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Ligand Binding Assay market by Type (Antigen Discovery Inc, Radioactive and Non-Radioactive), Application (Biomedical Research, Drug Discovery and Others) and Region.
On the basis of geography, the market of Ligand Binding 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).
Influencing Trend:
Increasing Adoption by the Biomedical Research
Market Growth Drivers:
Increasing need to detect the anti-drug antibodies in biological matrices
Challenges:
Lack of awareness and Lack of skilled labor
Restraints:
High cost of the procedures
Opportunities:
Increased research and development activities and Rapid development activities
Market Leaders and their expansionary development strategies
In January 2020, Birmingham-based preclinical contract research organization, Gifford Bioscience Limited, launched its new SPR Biacore Assay Service. This is a highly specialized technique.
Key Target Audience
Supplier of Ligand Binding Assay, Governmental and Regulatory bodies and End-Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.