Label-free array system market to be worth $1,600 million by 2025, study finds
The global label-free array system market will grow at a compound annual growth rate of 7.44 percent in the forecast period, says new research.
New research has found that the global label-free array system market is set to grow at a compound annual growth rate (CAGR) of 7.44 percent in the forecast period 2018 to 2025. This imaging technique is used by academic and research institutes, contract research organisations (CROs) and pharmaceuticals and biotechnology industries, says the report.
Conducted by Reportlinker, the findings suggest that the value of the array system market will increase from $980.12 million to $1,620.12 million by the end of the forecast period.
According to the research, label-free array systems can be used across biomolecular interaction studies, detection of disease biomarkers and drug discovery.
The report highlights that the leaders in the label-free array market include Agilent Technologies, Bio-Rad Laboratories, GE Healthcare and PerkinElmer.
The market is also split into several sections including:
- Atomic force microscopy
- Ellipsometry techniques
- Enthalpy array
- Scanning kelvin nanoprobe
- Surface plasmon resonance.