LONDON--(BUSINESS WIRE)--The influenza diagnostics market is poised to grow by $ 1.32 bn during 2020-2024, decelerating at a CAGR of almost 10% during the forecast period.
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- There have been two big drivers of poor performance lately, although they both tie back to the international businesses. Bio-Rad has a complex international operation, with direct distribution in.
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The Genomics Market will grow by USD 17.23 bn during 2020-2024.
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The report on the influenza diagnostics market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by growing demand for POCT.
The influenza diagnostics market analysis includes end-user segment and geography landscape. This study identifies the rising approvals for influenza diagnostic products as one of the prime reasons driving the influenza diagnostics market growth during the next few years.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
Drivers Bio-rad Test
The influenza diagnostics market covers the following areas:
Influenza Diagnostics Market Sizing
Influenza Diagnostics Market Forecast
Influenza Diagnostics Market Analysis
Companies Mentioned
- Abbott Laboratories
- Biocartis Group NV
- Bio-Rad Laboratories Inc.
- Danaher Corp.
- DiaSorin Spa
- GenMark Diagnostics Inc.
- Meridian Bioscience Inc.
- Quidel Corp.
- Siemens Healthineers AG
- Thermo Fisher Scientific Inc.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Hospitals and diagnostic laboratories - Market size and forecast 2019-2024
- Academic and research centers - Market size and forecast 2019-2024
- Home care - Market size and forecast 2019-2024
- Market opportunity by End-user
Market Segmentation by Type
- Market segments
- Comparison by Type
- Point-of-care testing - Market size and forecast 2019-2024
- Immunodiagnostics - Market size and forecast 2019-2024
- Molecular diagnostics - Market size and forecast 2019-2024
- Market opportunity by Type
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- Asia - Market size and forecast 2019-2024
- ROW - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Abbott Laboratories
- bioMérieux SA
- Bio-Rad Laboratories Inc.
- Danaher Corp.
- F. Hoffmann-La Roche Ltd.
- Hologic Inc.
- Quidel Corp.
- Siemens Healthineers AG
- Thermo Fisher Scientific Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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Surface plasmon resonance (SPR) is used to detect the interaction of two different molecules in which one is mobile and one is fixed on a thin gold film and to study molecular interactions. The technology finds application in drug discovery, material science, and biosensors.
The global surface plasmon resonance market is estimated to account for US$ 1,244.7 Mn in terms of value by the end of 2027.
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Global Surface Plasmon Resonance Market: Drivers
Increasing use of SPR in analysis of biomolecular interactions between protein-protein, protein-DNA, enzyme-substrate or inhibitor, receptor-drug, lipid membrane-protein, and cell or virus proteins is expected to propel growth of the global surface plasmon resonance market over the forecast period. SPR technique is considered as the gold standard for real time, label-free measurements of biomolecules, owing to various advantages such as time-saving and high reliability. It also offers real time monitoring, reusable sensor chips, flexible experimental design, and reproducible measurements.
Global Surface Plasmon Resonance Market: Opportunities
Increasing R&D in miniaturization and cost reduction of products related to SPR technique is expected to offer lucrative growth opportunities for players in the market. Localized SPR (LSPR) sensors possess a smaller footprint and are more cost‐effective. Moreover, these sensors demonstrate higher sensitivity to small variations of the refractive index compared to conventional SPR metallic thin film sensors. For instance, in January 2020, researchers from University of Coimbra, Portugal, reported assessment of optical properties of Au‐WO3 nanocomposite coatings for LSPR sensing.
Drivers Bio-rad Jobs
Global Surface Plasmon Resonance Market: Restraints
Temperature fluctuations in an SPR-based system affect the final outcome as these fluctuations change the ratio of association rate to dissociation rate and affects rate of efficiency of binding events. This in turn is expected to lower the adoption of SPR, which is expected to hamper growth of the market.
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Key Takeaways:
The Material Science segment in the global surface plasmon resonance market was valued at US$ 73.8 Mn in 2019 and is expected to reach US$ 102.3 Mn by 2027 at a CAGR of 5.1% during the forecast period. The growth of the segment is attributed to increasing use of Surface Plasmon Resonance in pharmaceutical industry.
The Imaging System segment held dominant position in the global surface plasmon resonance market in 2019, accounting for 56.4% share in terms of value, followed by reagents segment, respectively. The dominance of imaging system segment is attributed to increasing research to study drug cell interaction for development of new drug product.
Market Trends
The global surface plasmon resonance market is witnessing increasing adoption of label-free detection technique for analysis of biomolecules in order to reduce the assay cost and complexity while providing more qualitative information through labelled detection. In label-free detection, a sensor functions as a transducer to convert one of the physical properties of the analyte into a quantifiable signal. Specific instruments are later used to analyze the signal. A transducer can measure the physical property of the molecule. Moreover, label-free detection technique reduces the time and efforts required for the development of assay and thus simplifies the procedure.
The demand for LSPR-based biosensor is increasing for rapid detection of biomolecules and in diagnostic and point-of-care testing (POCT) applications. This can be attributed to the interactions of biomolecules and sensing surface during the progression of LSPR. The demand for LSPR-based techniques for real-time cell monitoring applications as these techniques do not require any multiple fluorescence staining procedures or secondary antibodies.
Global Surface Plasmon Resonance Market: Competitive Landscape
Major players operating in the global surface plasmon resonance market include, Bio-Rad Laboratories, Inc., Carterra Inc., General Electric Co., AMETEK, Inc., Bristol Myers Squibb, Horiba, Ltd., Bruker, and Biosensing Instrument Inc.
Global Surface Plasmon Resonance Market: Key Developments
- In August 2019, Carterra Inc. started a Customer Experience Center (CEC) and office in Munich, Germany, owing to rapid adoption of Carterra’s LSA platform in the European market
- In June 2018, Bruker announced the launch of its new SierraTM SPR-32 system with new instrument control software to enable high SPR throughput, at the European SLAS 2018 meeting.
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Segmentation
- Surface Plasmon Resonance Market, By Product Type:
- Imaging System
- Sensor System
- Reagents
- Surface Plasmon Resonance Market, By Application:
- Drug Discovery
- Drug Formulation
- Controlled Drug Release
- Drug-cell Interactions
- Material Science
- New Material and Coatings
- Process Optimization
- Biosensors
- Food Safety
- Environmental Safety
- Cancer
- DNA
- Nanosafety
- Drug Discovery
- Surface Plasmon Resonance Market, By Region:
- North America
- By Product Type:
- Imaging System
- Sensor System
- Reagents
- By Application
- Drug Discovery
- Drug Formulation
- Controlled Drug Release
- Drug-cell Interactions
- Material Science
- New Material and Coatings
- Process Optimization
- Biosensors
- Food Safety
- Environmental Safety
- Cancer
- DNA
- Nanosafety
- Drug Discovery
- By Country:
- U.S.
- Canada
- By Product Type:
- Latin America
- By Product Type:
- By Application
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Product Type:
- By Application
- By Country:
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Product Type:
- By Application
- By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Product Type:
- By Application
- By Country:
- GCC
- Israel
- Rest of Middle East
- Africa
- By Product Type:
- By Application
- By Country:
- South Africa
- Central Africa
- North Africa
- North America
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Drivers Board
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