Global Label-Free Detection Market

Label-Free Detection Market Insights

Label-free detection put in simple terms is nothing but not using any labels to determine the molecular activity but use a biosensor which acts as an indicator in the reaction. Here the linking properties of the biosensor act like a label itself and rule out the use of expensive label-induced detectors.

Growth of label-free detection market is mainly compelled by increasing demand for technically sound products, rising number of drug testing, drug toxicity, and drug discovery research activities, an increasing number of the organic growth strategy of research and industrial partnerships, collaborations, and mergers, and the added technical advantage of the label-free methodology of being highly sensitive as compared to other methods.

Label-Free Detection Market: By Type

Based on the type the market can be bifurcated as instruments, consumables, software & services. Owing to the high consumption of consumables, the market for it would be dominating during the forecast period. The consumables used in label-free detection technology are biosensors, microplates, chips, reagents, and other kits. These consumables are constantly used during a research activity owing to their high sensitivity and real-time molecule interaction monitoring capabilities.

Label-Free Detection Market: By Technology

Surface plasmon resonance, isothermal titration calorimetry, bio-layer interferometry, and differential scanning calorimetry are the technologies currently used in the labs. The surface plasmon resonance segment will be the dominant one owing to wide applications in determining kinetic parameters of the reaction, and molecule interaction affinity, & specificity during the binding of macromolecules.

Label-Free Detection Market: By End-User

Based on the end-user analysis, the market can be segmented into CROs, pharma & biotech industries, and academia. Pharmaceutical and biotech companies are the largest end-users for such products. This is attributed to the increasing use of this technology in the research activities related to drug testing and drug toxicity testing conducted and hosted by top pharma companies.

Label-Free Detection Market: By Region

Having the highest number of pharmaceutical and biotech companies, and with the great penetration power of this technology in the North American region, the market is going to be the major contributor in terms of revenue. On the other hand, the market for the Asia Pacific will be the fastest-growing mainly due to the increasing number of research activities hosted by Asian-based CROs and the rising incidence of chronic and lifestyle disorder which urges to produce personalized and rare disease drugs.

Label-Free Detection Market Share and Competitor Analysis

Agilent Technologies, Inc., AMETEK, Inc., METTLER TOLEDO, Corning Incorporated, Waters Corporation, Sartorius AG, PerkinElmer Inc., Spectris, HORIBA Ltd., and Danaher among others are the prime players of the market.

Please note: This is not an exhaustive list of companies profiled in the report.

In 2020, TA Instrument entered into a research collaboration with Gulf Bio Analytical to become an exclusive distributor in Saudi Arabia and expand business for TA Instruments.