About Label-free Array Systems
Modern medicine is moving toward precision or personalized medicine, to eliminate dosing redundancy in individuals. However, the biggest challenges in drug discovery and development are individual variability in drug effectiveness and a lack of translatability of pre-clinical results. Moreover, next-gen label-free technologies, including mass spectrometers, biochips/microarrays, and others, have shown positive results in identifying clinical microorganisms. Companies are also developing microplate-based optical biosensors that can be incorporated in the standard format microplates, to detect small molecules, cells, and proteins. Hence, companies are focusing on developing appropriate cellular models and readout systems to understand mechanisms and functional characterization on the molecular and cellular level
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Label-free Array Systems 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.
Danaher (United States), Sartorius AG (Germany), Waters Corporation (United States), PerkinElmer Inc. (United States), AMETEK, Inc. (United States), HORIBA Ltd. (Japan), METTLER TOLEDO (United States), Corning Incorporated (United States) and Agilent Technologies, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Spectris (United Kingdom), GE Healthcare (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Label-free Array Systems market by Type (Surface Plasmon Resonance, Bio-layer Interferometry, Cellular Dielectric Spectroscopy and Others), Application (Drug Discovery, Protein Interface Analysis, Antibody Characterization and Development, Protein Complex and Cascade Analysis and Other Applications) and Region.
On the basis of geography, the market of Label-free Array Systems 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). If we see Market by Components, the sub-segment i.e. Sensor Chips will boost the Label-free Array Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Surface Plasmon Resonance will boost the Label-free Array Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Contract Research Organizations will boost the Label-free Array Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in Label-free Technologies
Market Growth Drivers:
Growing demand for novel analytical devices and method and The rise in the R&D expenditure of pharmaceutical and biotechnology companies
Challenges:
Lack of skilled workforce
Restraints:
High Instrumentation Costs
Opportunities:
Increasing use of A rapid and label-free platform for virus capture and identification from clinical samples
Market Leaders and their expansionary development strategies
In June 2018, Bruker announced that it has acquired Sierra Sensors GmbH, based in Hamburg, Germany. Financial details were not disclosed. Sierra develops and manufactures innovative analytical biosensors based on Surface Plasmon Resonance (SPR) detection. Driven by patented technologies in the areas of SPR detection and microfluidic sample delivery, Sierra instruments are setting a new standard in high-throughput and high-performance label-free analysis.
In June 2018, Bruker announced the launch of its new SierraTM SPR-32 system with even higher sensitivity and new instrument control software to enable highest SPR throughput with outstanding sensitivity.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Label-free Array Systems Manufacturer, Government Regulatory and Research Organizations and End-Use Industry
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.