Surface Plasmon Resonance Market Size, Trends, Shares, Insights and Forecast – 2020-2027

1. SURFACE PLASMON RESONANCE MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027 © Coherent market Insights. All Rights Reserved © Coherent market Insights. All Rights Reserved

2. REPORT DESCRIPTION Surface Plasmon Resonance Market - Overview 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. 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. Browse Research Reports: https://www.coherentmarketinsights.com/market-insight/surface- plasmon-resonance-market-3283 © Coherent market Insights. All Rights Reserved

3. REPORT DESCRIPTION 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. 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. 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. Request a Sample copy of this reports: https://www.coherentmarketinsights.com/insight/request-sample/3283 © Coherent market Insights. All Rights Reserved

4. REPORT DESCRIPTION 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. Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/3283 © Coherent market Insights. All Rights Reserved

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6. ABOUT CMI SECTOR COVERAGE BIOTECHNOLOGY CLINICAL DIAGNOSTIC HEALTHCARE IT MEDICAL DEVICES MEDICAL IMAGING PHARMACEUTICAL OUR CLIENTS  Global Leading Equipment and System Manufacturers  Marketing Consultancies and the Advertising Industry  Component Providers and System Integrators  Private and Government organization  Distributors, Retailors and Value Added Resellers  Outsourcing Companies  Healthcare IT Solutions Developers  Universities and Business Schools. © Coherent market Insights. All Rights Reserved

7. KEY STATS RESEARCH SOLUTIONS 100+ GLOBAL REPORTS FEASIBILITY STUDIES Insights Published Per Year CUSTOMIZED SOLUTIONS 150+ COUNTRY ANALYSIS Consulting Projects Till Date CONSULT PROJECTS SURVEY RESEARCH 125+ EXCEL FORECAST DATABASE Clients Worldwide Per Year COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS 110+ Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved

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