Press release
Surface Plasmon Resonance (SPR) Market to Expand at 5.9% CAGR During 2015-2025
The global surface plasmon resonance market was valued at US$ 628.2 million in 2015. It accounted for 38.3% share of the global label-free detection market revenues in 2014. Revenue contribution of surface plasmon resonance to the global label-free market is expected to increase to US$ 1.11 billion by the end of 2025.
The report analyses the global surface plasmon resonance market in terms of market value (US$ Mn) and market volume (units) by product, region and application, and provides information regarding market dynamics, competitive landscape, current trends, market estimation and forecast.
What’s Fuelling the Growth of Surface Plasmon Resonance Market?
Continuous research in the field of proteomics and increasing demand for novel drugs is expected to positively affect growth of the surface plasmon resonance market globally. Global surface plasmon resonance market is estimated to be valued at US$ 628.2 Mn by 2015 end, mainly driven by increasing adoption of SPR technique in drug development field.
Adoption rate of surface plasmon resonance technique amongst researchers has increased significantly, owing to technological advancements and benefits such as real-time analysis of bio molecular interactions and high specificity offered by the technique.
Download Sample Report@ http://www.futuremarketinsights.com/reports/sample/rep-gb-962
Surface Plasmon Resonance Market Trends
Major trends in the surface plasmon resonance market include increased adoption of microfluidics technique for lower consumption of reagent, introduction of advanced imaging software for analysis of surface plasmon resonance and consistent investment in research and development.
Emergence of alternative techniques for detection of protein and high prices of products can impede the growth of the market.
Surface Plasmon Resonance Market: Key Regions
North America dominated the surface plasmon resonance market with over 35% share in terms of value in 2014 and is expected to remain dominant throughout the forecast period.
The surface plasmon resonance market in APEJ and Japan are expected to expand at CAGRs of 7.0% and 6.7% respectively, in terms of value, during the forecast period. Western Europe and Eastern Europe are expected to lose revenue share over the forecast period, as the SPR market is relatively mature in these regions due to increasing adoption of alternative techniques for label-free detection.
Browse the full "Surface Plasmon Resonance Market - Global Industry Assessment and Forecast, 2015 - 2025" market research report at http://www.futuremarketinsights.com/reports/surface-plasmon-resonance-spr-systems-market
On the basis of product type, SPR market is segmented into imaging systems, sensor systems and reagents. In terms of volume growth, sensor system segment is expected to account for the maximum share in the market.
Imaging system segment is expected to register highest CAGR over the forecast period, in terms of value. Further, reagents segment is expected to account for second highest market share in terms of volume and value over the forecast period.
On the basis of application, surface plasmon resonance market is segmented into drug discovery, material science and biosensors. In terms of value and volume, drug discovery segment is expected to dominate the overall surface plasmon resonance market by the end of forecast period. Increasing adoption of surface plasmon resonance technique among researchers for analysis of drug-cell interactions is fuelling growth of the drug discovery segment.
Key market participants included in the report include GE Healthcare, Bio-Rad Laboratories, Inc., Biosensing Instruments, Horiba Ltd. and Reichert Technologies (acquired by Ametek, Inc.)
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature.
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Surface Plasmon Resonance (SPR) Market to Expand at 5.9% CAGR During 2015-2025 here
News-ID: 325259 • Views: …
More Releases from FMI Research
Model Based Manufacturing Technologies Market Key Growth Factors and Industry An …
There is a tectonic shift in the global manufacturing vertical, which is rapidly transforming the existing production lines as well as adding more dynamism to them. The trend of data exchange and automation in manufacturing technologies has led to the rise of Industry 4.0, more popularly known as smart factories. Modern day factories follow certain models that allow more efficient, systematic and cost-effective manufacturing. In order to stay competitive, manufacturers…
Wearable Fitness Trackers Market Trends and Segments 2017-2025
Global wearable fitness trackers market is expected to witness significant growth during the forecast period. This growth is attributed to increasing number of corporate players in the market. The market is also increasing due to adoption of new technologies such as CGM (Constant Glucose Monitoring), which is gaining the customer’s interest in wearable fitness trackers. “Wearable Fitness Trackers Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027),” is the newly published report by Future…
Public Cloud Application Services Market: 2016 Global Manufacturers Analysis wit …
The public cloud application infrastructure service market is gaining huge popularity throughout the world. This is evident due to the recent shift in enterprise business models that have now adopted cloud based services to revolutionize the concept of flexibility of infrastructure. Cloud computing is making rapid inroads and majority of companies are adopting the cloud model. This is because of the various advantages that the cloud model brings such as…
Healthcare Revenue Cycle Management Software Market Key Growth Factors and Indus …
The adoption of revenue cycle management software and services in healthcare settings is driven by the need to increase net patient revenue, improve payment collection & billing efficiency, and recognise cash flow opportunities. From hospitals to independent physician clinics, the stress of enhancing the quality of patient care is increasing in parallel to the declining reimbursements and increasing risk-margin burdens. Since maximising the revenue cycle efficiency is a key focus…
More Releases for Plasmon
Emerging Surface Plasmon Resonance Market Driver 2025-2034: Rising Adoption Of P …
How Is the Surface Plasmon Resonance Market Projected to Grow, and What Is Its Market Size?
In recent times, the market size for surface plasmon resonance has experienced significant expansion. The market, which stood at $1.19 billion in 2024, is projected to increase to $1.33 billion in 2025, expanding at a compound annual growth rate (CAGR) of 12.0%. The remarkable growth seen in the historical period can be linked to several…
Surface Plasmon Resonance (SPR) Market 2022 | Detailed Report
The research reports on "Surface Plasmon Resonance (SPR) Market" report gives detailed overview of factors that affect global business scope. Surface Plasmon Resonance (SPR) Market report shows the latest market insights with upcoming trends and breakdowns of products and services. This report provides statistics on the market situation, size, regions and growth factors. An exclusive data offered in this report is collected by research and industry experts team.
Download FREE Sample…
Surface Plasmon Resonance (SPR) Market Growth, Strategies, Forecast 2025
Global Surface Plasmon Resonance Market: Snapshot
Surface Plasmon Resonance (SPR) is a phenomenon of squeezing light to a tiny volume, causing biomolecules to get trapped across a surface, which in turn enables their study under a microscope. In the recent past, SPRs have been used for drug discovery, material science, and development of biosensors. But now, researchers from the Vanderbilt University have suggested that this tool, also known as lab-on-a-chip, can…
Global Surface Plasmon Resonance (SPR) Market Size, Status and Forecast 2022
This report studies the global Surface Plasmon Resonance (SPR) market, analyzes and researches the Surface Plasmon Resonance (SPR) development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
Bio-Rad Laboratories
General Electric
AMETEK
Horiba
Biosensing Instrument
Market segment by Regions/Countries, this report covers
United States
EU
Japan
China
India
Southeast Asia
Get sample report @ http://www.qyresearchreports.com/sample/sample.php?rep_id=967421&type=E
Market segment by Type, Surface Plasmon Resonance (SPR) can be split into
Imaging System
Sensor…
Surface Plasmon Resonance Market to Expand at 5.9% CAGR by 2025
Future Market Insights (FMI), in its latest report titled, ‘Surface Plasmon Resonance Market - Global Industry Assessment and Forecast, 2015 - 2025’, has projected global revenues to expand at a CAGR of 5.9% during the forecast period 2015 - 2025.
The global surface plasmon resonance market was valued at US$ 628.2 million in 2015. It accounted for 38.3% share of the global label-free detection market revenues in 2014. Revenue contribution of…
Surface Plasmon Resonance Market to Expand at 5.9% CAGR,2015-2025
Future Market Insights (FMI), in its latest report titled, ‘Surface Plasmon Resonance Market - Global Industry Assessment and Forecast, 2015 - 2025’, has projected global revenues to expand at a CAGR of 5.9% during the forecast period 2015 - 2025.
The global surface plasmon resonance market was valued at US$ 628.2 million in 2015. It accounted for 38.3% share of the global label-free detection market revenues in 2014. Revenue contribution of…
