DALLAS, Texas, May 1, 2014 /PRNewswire-iReach/ -- Label-free technology is rapidly gaining widespread acceptance as a drug discovery and life science research tool. Currently, the drug discovery process is based on target identification and screening for drug candidates. The label-free technologies are used for studying biomolecular interactions and eliminate the confounding effects of spatial interference, auto fluorescent or quenching associated with use of labels. These technologies provide a rapid and real-time approach to both biochemical and cell-based assays which aid in new drug discovery.
Since no labeling or reporter molecules are used for detection label-free detection offers higher sensitivity. Also, using the time-consuming and labor-intensive process of fluorescent, chemical, or radioactive labels has many disadvantages. As such, the acceptance of label-free technologies in biomolecular interaction analysis in drug discovery is growing. The increasing drug discovery initiatives by pharmaceutical companies and academic institutes will help to bolster the growth of label-free detection market in the forecast period. Furthermore, increasing R&D budgets of pharmaceutical companies coupled with decreasing R&D productivity have amplified the research activities in the pharmaceutical industry. This will drive the market for the overall research and development which will further boost the label-free detection market.
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The report segments the global label-free detection market by technology, application, product, end user, and geography. Bio-layer interferometry (BLI), cellular dielectric spectroscopy, optical waveguide grating technology (OWG), surface plasmon resonance (SPR) and other technologies are the technology segments of the label-free detection market. The application segments included in this report are binding kinetics, binding thermodynamics, endogenous receptor detection, hit confirmation, lead generation, and other applications. The product segments are instruments and consumables. The end-user segments of the label-free detection market are academic research institutes, contract research organizations, pharmaceutical and biotech companies, and other end users.
A combination of bottom-up and top-down approaches were used to calculate the market size and growth rates of the global label-free detection market and its sub-segments. Secondary information was used to identify overall revenues, geographic reach, and product portfolios of market players. Estimates of their label-free detection segment revenues were validated through primary interviews. Primary interviews with key opinion leaders were also used to determine the percentage shares of each sub-segment and the relative differences in the growth rates.
The competitive landscape covers the growth strategies adopted by industry players in the last three years. Company profiles of important organizations in this market are included in this report. These profiles include financial information, service portfolios, and recent developments in the organizations. This report further includes information about mergers and acquisitions, agreements and partnerships, and new product launches in this market. The above mentioned market research data, current market size, and forecast of future trends will help the key players and new entrants to make necessary decisions regarding geographic focus, product offerings of competitors, R&D investments for innovations in products and technologies, and levels of output.
Comprehensive Table of Contents and more for the report "Label-Free Detection Market by Technology (Bio-layer interferometry, Optical waveguide grating technology, Surface Plasmon resonance), Consumables & Instruments, Applications (Lead Generation, Binding Kinetics), End user – Global Forecasts & Trends to 2018" is available at http://www.rnrmarketresearch.com/label-free-detection-market-by-technology-bio-layer-interferometry-optical-waveguide-grating-technology-surface-plasmon-resonance-consumables-instruments-applications-lead-generation-binding-market-report.html .
The report provides qualitative insights about key market shares, growth rates, and market drivers for all important sub-segments. It maps the market sizes and growth rates of each sub-segment and identifies the segments poised for rapid growth in each of the 19 geographic and regional segments. The report also includes the company profiles of market leaders. The profiles include financial performance, product portfolios, and market developments for each company. The report also provides a competitive landscape of these market leaders and identifies the key growth strategies in this market.
Reasons to Buy the Report:
The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help the firms in garnering a greater market share. Firms purchasing the report could use any one or a combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market shares.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on product portfolios of top players in the label-free detection market. The report analyzes the label-free detection market by technology, application, product and end users across geographies
- Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the label-free detection market
- Competitive Assessment: In-depth assessment of market shares, strategies, geographic and business segments, and product portfolios of leading players in the label-free detection market
- Market Development: Comprehensive information about the lucrative emerging markets. The report analyzes the market for various label-free detection products across geographies
- Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the label-free detection market
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