Market Overview:
The global label-free detection (LFD) market is expected to grow at a CAGR of 10.5% from 2018 to 2030. The growth of the LFD market can be attributed to the increasing demand for label-free technologies in drug discovery and development, rising R&D expenditure by pharmaceutical and biotechnology companies, and growing number of collaborations between academic institutions and pharmaceutical companies. In terms of type, the instruments segment is expected to account for the largest share of the global LFD market in 2018. This segment is also projected to grow at a higher CAGR than other segments during the forecast period. The high growth rate of this segment can be attributed to technological advancements in instrumentation that have made it easier and faster to detect biomolecules using label-free methods. In terms of application, binding kinetics is expected to account for the largest share of the global LFD market in 2018.
Product Definition:
Label-Free Detection (LFD) is a technique that is used to detect the presence or absence of a molecule or biomolecule without the use of any type of labeling agent. LFD is important because it can be used to identify molecules in samples without the need for any type of labeling, which can often be time consuming and expensive.
Instruments:
Instruments are used in LFD for the purpose of detection. They help in providing accurate results with higher sensitivity and specificity. The market is expected to grow at a lucrative rate over the forecast period owing to factors such as increasing demand for point-of-care (POC) testing, growing prevalence of target diseases, technological advancements pertaining to instruments' design & performance along with their implementation in clinical laboratories and hospitals.
Global Instruments it's usage.
Consumables:
Consumables are the materials that are used to label or detect a product. They include reagents, assay kits, and chemicals. The global consumables market is expected to witness significant growth over the forecast period owing to increasing demand for LFD techniques coupled with rising R&D activities in biotechnology and pharmaceutical industries.
Application Insights:
The application segment of the global label-free detection market is categorized into binding kinetics, binding thermodynamics, hit confirmation, lead generation and other applications. In 2017, the Binding Kinetics segment dominated the market with a share of over 40% in terms of revenue. The growth can be attributed to increasing adoption for drug discovery and development processes across research laboratories worldwide.
Binding thermodynamics is expected to grow at a significant rate during the forecast period owing to its wide applications in various fields such as clinical diagnostics (antibody screening), drug discovery & development (T cell receptorotyping) and infectious disease diagnosis (virus neutralization). Hit confirmation tests are used for identifying positive results from hybridization or immunoassays performed on microtiter plates or high Throughput Screening platforms. These tests ensure accurate result interpretation while reducing experimental errors during highthroughput screening procedures using fluorescently labeled probes or antibodies.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of players operating in this region, which has resulted in higher availability of label-free technology. Moreover, increasing investments by government organizations for drug discovery and development is also expected to drive growth during the forecast period. For instance, National Institutes of Health (NIH) invested USD X million for research projects related to cancer immunotherapy from 2014 to 2018.
Growth Factors:
- Increasing demand for early detection of diseases: The global market for LFD is expected to grow at a CAGR of 9.5% from 2016 to 2021, owing to the increasing demand for early detection of diseases. LFD helps in detecting biomarkers and proteins at an earlier stage, which helps in the diagnosis and treatment of various diseases.
- Technological advancements: The development of novel technologies such as mass spectrometry-based LFD is aiding the growth of this market. These technological advancements are making the process faster, easier, and more accurate, thus driving its adoption among end users.
- Rising prevalence of chronic diseases: The rising prevalence of chronic diseases such as cancer and diabetes is fueling the demand for better diagnostic tools that can help in their early diagnosis and treatment planning. This is providing a major impetus to the growth prospects of the LFD market worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Label-Free Detection (LFD) Market Research Report
By Type
Instruments, Consumables, Biosensor Chips, Microplates
By Application
Binding Kinetics, Binding Thermodynamics, Endogenous Receptor Detection, Hit Confirmation, Lead Generation, Others
By Companies
General Electric, Horiba , Malvern Panalytical, Perkinelmer, Shimadzu, TA Instruments, Ametek, Corning, Danaher, F. Hoffman-La Roche, Hitachi High-Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Label-Free Detection (LFD) Market Report Segments:
The global Label-Free Detection (LFD) market is segmented on the basis of:
Types
Instruments, Consumables, Biosensor Chips, Microplates
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Binding Kinetics, Binding Thermodynamics, Endogenous Receptor Detection, Hit Confirmation, Lead Generation, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- General Electric
- Horiba
- Malvern Panalytical
- Perkinelmer
- Shimadzu
- TA Instruments
- Ametek
- Corning
- Danaher
- F. Hoffman-La Roche
- Hitachi High-Technologies
Highlights of The Label-Free Detection (LFD) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Instruments
- Consumables
- Biosensor Chips
- Microplates
- By Application:
- Binding Kinetics
- Binding Thermodynamics
- Endogenous Receptor Detection
- Hit Confirmation
- Lead Generation
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Label-Free Detection (LFD) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Label-free detection (LFD) is a form of machine learning that does not require labeled data. LFD algorithms learn to identify objects and patterns in unlabeled data by using a variety of methods, including feature extraction, pattern recognition, and Bayesian inference.
Some of the major companies in the label-free detection (lfd) market are General Electric, Horiba , Malvern Panalytical, Perkinelmer, Shimadzu, TA Instruments, Ametek, Corning, Danaher, F. Hoffman-La Roche, Hitachi High-Technologies.
The label-free detection (lfd) market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Label-Free Detection (LFD) Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Label-Free Detection (LFD) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Label-Free Detection (LFD) Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Label-Free Detection (LFD) Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Label-Free Detection (LFD) Market Size & Forecast, 2018-2028 4.5.1 Label-Free Detection (LFD) Market Size and Y-o-Y Growth 4.5.2 Label-Free Detection (LFD) Market Absolute $ Opportunity
Chapter 5 Global Label-Free Detection (LFD) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Label-Free Detection (LFD) Market Size Forecast by Type
5.2.1 Instruments
5.2.2 Consumables
5.2.3 Biosensor Chips
5.2.4 Microplates
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Label-Free Detection (LFD) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Label-Free Detection (LFD) Market Size Forecast by Applications
6.2.1 Binding Kinetics
6.2.2 Binding Thermodynamics
6.2.3 Endogenous Receptor Detection
6.2.4 Hit Confirmation
6.2.5 Lead Generation
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Label-Free Detection (LFD) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Label-Free Detection (LFD) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Label-Free Detection (LFD) Analysis and Forecast
9.1 Introduction
9.2 North America Label-Free Detection (LFD) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Label-Free Detection (LFD) Market Size Forecast by Type
9.6.1 Instruments
9.6.2 Consumables
9.6.3 Biosensor Chips
9.6.4 Microplates
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Label-Free Detection (LFD) Market Size Forecast by Applications
9.10.1 Binding Kinetics
9.10.2 Binding Thermodynamics
9.10.3 Endogenous Receptor Detection
9.10.4 Hit Confirmation
9.10.5 Lead Generation
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Label-Free Detection (LFD) Analysis and Forecast
10.1 Introduction
10.2 Europe Label-Free Detection (LFD) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Label-Free Detection (LFD) Market Size Forecast by Type
10.6.1 Instruments
10.6.2 Consumables
10.6.3 Biosensor Chips
10.6.4 Microplates
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Label-Free Detection (LFD) Market Size Forecast by Applications
10.10.1 Binding Kinetics
10.10.2 Binding Thermodynamics
10.10.3 Endogenous Receptor Detection
10.10.4 Hit Confirmation
10.10.5 Lead Generation
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Label-Free Detection (LFD) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Label-Free Detection (LFD) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Label-Free Detection (LFD) Market Size Forecast by Type
11.6.1 Instruments
11.6.2 Consumables
11.6.3 Biosensor Chips
11.6.4 Microplates
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Label-Free Detection (LFD) Market Size Forecast by Applications
11.10.1 Binding Kinetics
11.10.2 Binding Thermodynamics
11.10.3 Endogenous Receptor Detection
11.10.4 Hit Confirmation
11.10.5 Lead Generation
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Label-Free Detection (LFD) Analysis and Forecast
12.1 Introduction
12.2 Latin America Label-Free Detection (LFD) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Label-Free Detection (LFD) Market Size Forecast by Type
12.6.1 Instruments
12.6.2 Consumables
12.6.3 Biosensor Chips
12.6.4 Microplates
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Label-Free Detection (LFD) Market Size Forecast by Applications
12.10.1 Binding Kinetics
12.10.2 Binding Thermodynamics
12.10.3 Endogenous Receptor Detection
12.10.4 Hit Confirmation
12.10.5 Lead Generation
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Label-Free Detection (LFD) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Label-Free Detection (LFD) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Label-Free Detection (LFD) Market Size Forecast by Type
13.6.1 Instruments
13.6.2 Consumables
13.6.3 Biosensor Chips
13.6.4 Microplates
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Label-Free Detection (LFD) Market Size Forecast by Applications
13.10.1 Binding Kinetics
13.10.2 Binding Thermodynamics
13.10.3 Endogenous Receptor Detection
13.10.4 Hit Confirmation
13.10.5 Lead Generation
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Label-Free Detection (LFD) Market: Competitive Dashboard
14.2 Global Label-Free Detection (LFD) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 General Electric
14.3.2 Horiba
14.3.3 Malvern Panalytical
14.3.4 Perkinelmer
14.3.5 Shimadzu
14.3.6 TA Instruments
14.3.7 Ametek
14.3.8 Corning
14.3.9 Danaher
14.3.10 F. Hoffman-La Roche
14.3.11 Hitachi High-Technologies