Unlabeled Sensing (LFD) Market to Grow by $362.6 Million; Pharmaceutical and biotech companies will show significant demand

NEW YORK, November 15, 2022 /PRNewswire/ — The “Labelless Sensing (LFD) Market by End User, Product and Region: Forecast and Analysis 2022-2026The report has been added to the Technavio offer. The report forecasts a growth in the size of the market USD 362.6 million, accelerating to a CAGR of 7.79% over the forecast period. The report provides an up-to-date analysis on the current market scenario, latest trends and drivers, and the overall market environment. Technavio offers market insights that help global companies gain growth opportunities. Download a free PDF sample report

Technavio has announced its latest market research report titled Global Label-free Detection (LFD) Market 2022-2026

Labelless Sensing (LFD) Market 2022-2026: Scope

To help companies improve their market position, Technavio’s report provides a detailed analysis of around 25 vendors operating in the market. The rise of drug discovery programs will offer immense growth opportunities. To capitalize on the current opportunities, market vendors need to strengthen their presence in the fast-growing segments while maintaining their positions in the slow-growing segments.

The report also covers the following areas:

Unlabeled Sensing (LFD) Market 2022-2026: Segmentation

Pharmaceutical and biotechnology companies are the main end users of the market. Pharmaceutical and biopharmaceutical companies develop drug molecules for a wide range of therapeutic applications. Pharmacological study of drug molecules is an integral part of the drug discovery process and is performed to understand the molecular mechanism of action of drug molecules in biological fluids. The LFD technique is widely used by pharmaceutical and biopharmaceutical companies to analyze and determine drug action during the drug discovery process, prior to drug manufacturing. Therefore, the increase in drug discoveries will drive the growth of the segment during the forecast period.

By product, the market is expected to observe the highest growth in the biochemical testing segment during the forecast period. Biochemical tests are one of the conventional methods used for LFD. The adoption rate of biochemical tests is high due to their cost effectiveness, high competition and higher efficacy. Furthermore, there has been a continuous development in the field of oncology. Thus, growing R&D in oncology will drive the growth of the biochemical testing segment.

Learn more about the contribution to the growth of other segments of the market. Download a free sample report now

Labelless Sensing (LFD) Market 2022-2026: Vendor Analysis

The global LFD market is competitive and is dominated by the presence of major suppliers who mainly focus on R&D activities for the development of high quality and advanced products. Prominent vendors are looking to establish strong customer base by marketing and distributing their products globally to stay competitive and gain significant market revenue. They mainly compete on quality and reliability. The featured market is witnessing high competition due to the presence of various global and regional suppliers. Technavio identifies the following key market vendors.

  • Agilent Technologies Inc.: The company offers a label-free detection system, the Seahorse XF Analyzers.

  • BioRad Laboratories Inc.: The company offers a label-free detection system, the ProteOn XPR36 Protein Interaction Matrix System.

  • Corning Inc.: The company offers a label-free sensing system, the Corning Epic Label Free Sensing System.

  • Danaher Corporation: The company offers a label-free detection system through its subsidiary Cytiva Life Science.

  • HORIBA srl: The company offers a label-free detection system, the Biacore 8 THOUSAND.

  • Related tools:

  • AMETEK Inc.

  • Attana AB

  • BioNavis Ltd.

  • Get access to multiple supplier profiles available with Technavio. Buy now!

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Unlabeled Sensing (LFD) Market 2022-2026: Highlights

  • Market CAGR during the forecast period 2022-2026

  • Detailed information on factors that will assist label-free sensing (LFD) market growth during the next five years

  • Estimation of the Unlabelled Detection (LFD) market size and its contribution to the main market

  • Predictions about upcoming trends and changes in consumer behavior

  • The growth of the unlabeled sensing (LFD) market.

  • Analysis of the market competitive landscape and insights into vendors

  • Comprehensive details of factors that will challenge the growth of unlabeled detection (LFD) market vendors.

Related reports:

  • The spatial genomics and transcriptomics market share should increase to USD 401.47 million from 2021 to 2026 and the market growth momentum will accelerate to a CAGR of 9.06%. The increased adoption of spatial genomics and transcriptomics in drug discovery and development is particularly driving the growth of the spatial genomics and transcriptomics market, although factors such as lack of skilled workforce to manage may hinder the growth of the market.

  • The direct-to-consumer genetic testing market share should increase by USD 1.26 billion from 2021 to 2026 and the market growth momentum will accelerate at a CAGR of 13.36%. One of the key factors driving the growth of direct-to-consumer genetic testing market is the growing adoption of direct-to-consumer genetic testing for early diagnosis of diseases.

Market scope of label-free sensing (LFD).

Report coverage

Details

Page number

120

Reference year

2021

Forecast period

2022-2026

Moment of growth and CAGR

Accelerates to a CAGR of 7.79%

Market growth 2022-2026

USD 362.6 million

Market structure

Fragmented

Year-on-year growth (%)

7.06

Regional analysis

North America, Europe, Asia and Rest of the World (ROW)

Contribution of the performing market

North America at 40%

Key consumer countries

United States, Germany, United Kingdom, France and China

Competitive landscape

Leading companies, competitive strategies, area of ​​consumer involvement

Profiled companies

Affinite Instruments, Agilent Technologies Inc., AMETEK Inc., Attana AB, Bio Rad Laboratories Inc., BioNavis Ltd., BiOptix Analytical LLC, Bruker Corp., Corning Inc., Danaher Corp., HORIBA Ltd., OLS OMNI Life Science GmbH and Co. KG, PerkinElmer Inc., Sartorius AG, Spectris Plc, SYMCEL, Thermo Fisher Scientific Inc., Waters Corp., Wyatt Technology Corp. and General Electric Co.

Market dynamics

Core Market Analysis, Market Growth Inductors and Barriers, Fast and Slow Growing Segment Analysis, COVID-19 Impact and Future Consumer Dynamics, and Market Condition Analysis for the Forecast Period.

Expertise for customization

If our report did not include the data you are looking for, you can contact our analysts and customize the segments.

Summary:

1 Executive summary

2 Market panorama

3 Sizing of the market

4 Analysis of the five forces

5 Market segmentation by end user

6 Market segmentation by product

7 Customer landscape

8 Geographical landscape

9 Drivers, challenges and trends

10 Vendor landscape

11 Vendor analysis

12 Appendix

Who we are

Technavio is a world-leading technological consulting and research company. Their research and analysis focuses on emerging market trends and provides useful insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of over 17,000 reports and counts, covering 800 technologies, in 50 countries. Their customer base is made up of businesses of all sizes, including more than 100 Fortune 500 companies. This growing customer base is based on Technavio’s comprehensive coverage, in-depth research and actionable market insights to identify opportunities in the existing and potential markets and assess their competitive positions within evolving market scenarios.

Contact

Technavio Research
Jesse Maida
Media and marketing executive
USA: +1 844 364 1100
United Kingdom: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Global Unlabeled Sensing (LFD) Market 2022-2026

Global Unlabeled Sensing (LFD) Market 2022-2026

cision

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