Label-free array system play a vital role in identification and validation and also they reduce the cost and time of the procedure which is expected to drive the growth of the label-free array systems market.Label-free array system market segmented on the basis of application, end-user and technology.
Based on Technology Type, The label-free array system market is segmented as surface plasmon resonance system, cellular dielectric spectroscopy, bio layer, and others. Among all these surface plasmon resonance technology has been found to have significant growth in global market of label-free array system due to its application in drug discovery processes, protein interface analysis, antibody characterization and identification, protein complex and cascade analysis and other application.
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Based on end-user type, label-free array system is segmented into R&D institutes, agriculture research institutes, contract research organizations, and others. Among all the end-users, R&D Laboratories are likely to account for the largest share as the end-user of label-free array systems during the forecast period 2019-2024. The systems will largely be used for identification and validation of drugs, drug discovery process in the R&D laboratories.
Precision Business Insights (PBI), Label-free array system market report analyses the market in different regions North America, Europe, Asia Pacific, Latin America and Middle East and Africa. According to regional analysis, North America accounted for major revenue share due to increase in chronic and life threatening diseases. Increase in chronic diseases resulted in increase in drug discovery processes which lead to increase in demand for label-free system in this region.
R&D Investments Play a Vital Role in Label-Free Array System Market
The increased R&D investment from pharmacological institutes, research organizations and biotech companies are expected to create demand for label-free array system.
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Key player’s profiles in the report are Biacore, Agilent technologies, Molecular Devices, Perkin Elmer, Attana AB, BiOptix, Inc., GWC Technologies, ForteBio, F. Hoffman LA Roche.
Detailed Segmentation
By Application Type
o Protein Complex & Cascade Analysis
o Drug Discovery
o Antibody Characterization & Development
o Protein Interface Analysis
o Others
By Technology Type
o Cellular Dielectric Spectroscopy
o Surface Plasmon Resonance
o Bio-layer Interferometry
o Others
By End-User Type
o R&D Laboratories
o Contract Research Organizations
o Agriculture Research Institutes
o Others
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