Global Label-Free Detection Strategic Business Report 2023: Growing Production Of Recombinant Therapeutic Proteins To Drive Gains

(MENAFN- GlobeNewsWire - Nasdaq) Dublin, June 20, 2023 (GLOBE NEWSWIRE) -- The "label-free detection: global strategic business report" report has been added to ResearchAndMarkets.com's offering.
The global market for Label-Free Detection estimated at US$1.1 Billion in the year 2022, is projected to reach a revised size of US$1.9 Billion by 2030, growing at a CAGR of 6.8% over the analysis period 2022-2030.

Instruments, one of the segments analyzed in the report, is projected to record 6.3% CAGR and reach US$1.3 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Consumables segment is readjusted to a revised 8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $386 Million, While China is Forecast to Grow at 8.9% CAGR
The Label-Free Detection market in the U.S. is estimated at US$386 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$171.9 Million by the year 2030 trailing a CAGR of 8.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.5% and 6.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.3% CAGR.
Select Competitors (Total 41 Featured) -

• Agilent Technologies, Inc.
• AMETEK, Inc.
• Attana AB
• Corning Inc.
• Hitachi High-Technologies Corp.
• Horiba Ltd.
• Malvern Panalytical Ltd.
• PerkinElmer, Inc.
• Thermo Fisher Scientific, Inc.
• Danaher Corporation
• Molecular Devices, LLC
• AB SCIEX
• GE Healthcare Life Sciences
• TA Instruments
• Merck KGaA.

Key Attributes:

Report Attribute	Details
No. of Pages	384
Forecast Period	2022 - 2030
Estimated Market Value (USD) in 2022	$1.1 Billion
Forecasted Market Value (USD) by 2030	$1.9 Billion
Compound Annual Growth Rate	7.1%
Regions Covered	Global

Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Growing Population, Rising Disease Burden, the Need for New Generation Drugs & Rising Pharma R&D, the Cornerstone for Growth in the Market
• Rising Prevalence of Chronic Diseases Amplifies the Need for Advancing Healthcare Research: Global Cost of Chronic Diseases (In US$ Billion) for the Years 2018 and 2030
• Aging Population Burdens an Already Strained Healthcare System: Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
• Robust Investments in Lifesciences Research to Develop Effective, Safe & Affordable Drugs Spurs Growth in the Pharmaceutical & Biotechnology Sectors
• Better Insights Offered by Label-Free Detection into Drug Binding Kinetics & Drug Residence Time Drives Demand for this Technology in Drug Discovery: Global Pharma R&D Spending (In US$ Billion) for the Years 2017, 2019, 2022 & 2024
• Growing Interest in Genomics Research: A Major Win for the Market
• A Strong Vision for the Future of Genomics Creates Robust Demand for Improved Repertoire of Research Tools: Global Market for Genomics (In US$ Billion) for the Years 2019, 2022, 2024 & 2026
• A Review of Key Market Segments
• Label-Free Detection - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS

• Growing Production of Recombinant Therapeutic Proteins to Drive Gains in the Market
• The Need to Address Unmet Medical Needs Creates New Opportunities in the Development of Therapeutic Proteins: Global Recombinant Therapeutic Antibodies & Proteins Market (In US$ Billion) for the Years 2017, 2019, 2022 and 2024
• Expanding Pharmaceutical Contract Research Outsourcing to Drive Growth in Asia-Pacific
• Rising Cost of Drug Safety Conformance Spurs Interest in Outsourcing Pharmacovigilance to CROs: Global Contract Research Organization Revenue (In US$ Billion) for the Years 2017, 2019, 2021 and 2023 by Geographic Region
• Growing Market for Biosimilars Expands the Addressable Market Opportunity for Label-Free Detection as an Analytical Tool to Demonstrate Biosimilarity
• With the Biosimilars Opportunity Ballooning to a Tempting US$4.6 Billion, Growing Research in This Space Entails Greater Use of Label-Free Techniques for Kinetic Evaluation of Monoclonal Antibodies: Global Biosimilars Market (In US$ Million) for the Years 2018, 2020 and 2022
• Rising Incidence of Food Allergy & the Ensuing Labeling Compliance Drives Interest in Label-Free Detection of Allergens in Food
• Growing Opportunity in Food Safety Testing Against the Backdrop of Rising Burden of Food Allergy: Global Food Safety Testing Market (In US$ Billion) for the Years 2017, 2019, 2022 and 2024
• Strong Opportunity For Label Free Detection in Cancer Diagnosis & Characterization
• Growing Global Burden of Cancer Throws the Spotlight on Unmet Therapy Needs: Global Cancer New Incidence & Number of Deaths (In 0000s) by Type for the Year 2018
• Supported by the Epidemic Spread of Cancer, the Robustly Growing Cancer Diagnostics Market to Generate Revenue Opportunities for Label-Free Detection: Global Cancer Diagnostics Market (In US$ Billion) for the Years 2017, 2019 & 2022
• Innovations in Label-Free Detection, Crucial for Long-Term Growth in the Market
• Emerging New Applications for Label-Free Optical Biosensors Amplifies Revenue Opportunities in the Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
IV. COMPETITION

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• global market for label-free detection

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