Assay Market 2018-2024 Global Key Players: Becton, Dickinson, Merck, Danaher, Thermo Fisher Scientific, PerkinElmer, Cell Signaling Technology, Cisbio Bioassays, DiscoveRx, General Electric

Assay Market 2018

This article provides an overview about the project report on Asia & Global Assay Market Data, Analysis during the forecast period 2016 to 2024, there by offering insights on key present growth indicators and forecast indicators such as drivers, restrains, opportunities and trends, that are involved in shaping the market.

Assay Market: Introduction

There is a familiar word “Essay” which means writing on a particular topic. But there is another word “Assay” which has similar pronunciation but have different meaning and use.

Inspection or testing is done to determine the components in a particular substance termed as Assay. For instance, to determine the level of thyroid hormones in the blood of a person suspected of being hypothyroid (or hyperthyroid) or an assay may be done of a vaccine to determine its potency.

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Assay can be broadly categorized into Cell-based assay and Bio-chemical based assay and Metallurgical based assay.

Cell-based Assay: It refers to measure virtually cellular or biochemical functions. For instance to determine cell proliferation, motility, toxicity Cell based Assay is been used.

Bio-chemical Assay: It refers to the procedure to determine the concentration or any biological activity of a substance to measure its effect on an organism or tissue compared with a standard preparation. Biological substances are like vitamins, hormone, plant growth factor, antibiotic or enzyme.

Metallurgical Based Assay: It refers to do testing or inspection of a metal or Ore to determine its ingredients and quality.

The Assay market is growing very fast because to deliver fine and error free material to the market assaying is must.

Assay market: Market Driver

The major factors which are responsible for the growth of cell based assay market are:

Growing drug related research
Rise in demand for biological drugs
Growing demand of toxicity screening in drugs
Need to reduce cost associated with a drug discovery
Emergence of technologies such as advanced detection technologies and 3D cell based assays.
The major factor which can be responsible for the growth of Bio-chemical assay market would be to increase efficiency of the substance and to reduce cost of materials used to form that substance.

And the major factor responsible for Metallurgical assay would be to produce metal without any impurity at low cost because metals are precious to test as they are in used from jewelry to bullion bars.

There are some constraints which need to be figured out such as:

Lack of skilled professionals
Stringent intellectual property rights
High cost of instruments
Assay market: Market Segmentation

Cell based market is been segmented by products, by application, and by end user.

By product segmentation includes:

Consumables
Reagents & Assay Kits
Micro plates
Cell Lines
Other Consumables
Instruments
Services
Software
By application segmentation includes:

Drug Discovery
Basic Research
ADME Studies
Predictive Toxicology
By end user segmentation includes:

Pharmaceutical & Biotechnology Companies
Academic & Government Institutions
Contract Research Organizations
Bio-chemical assay market is been segmented by types and by techniques:

By Types segmentation includes:

Biochemical ADP accumulation
Biochemical binding
Biochemical binding/kinetic
Biochemical competitive binding
Biochemical coregulator interaction
Biochemical europium phosphor-specific activity
Biochemical phosphor-specific activity (no antibody)
Biochemical terbium phosphor-specific activity
By techniques segmentation includes

Adapta
Predictor hERG
LanthaScreen Kinase Binding Assay
PolarScreen
LanthaScreen NR Co-regulator Interaction Assay
LanthaScreen Activity Assay
Z’-LYTE
Metallurgical assay market is been segmented by types and it includes:

Stone assay(hand test)
X-ray fluorescence
Fire Assay
Assay market: Market Analysis

As per the study of Assay market, Cell based assay market is growing on a rapid base. It has broad way of applications in basic research, drug discovery and ADME studies. On the basis of geography the North America, Europe and Asia is growing in this sector.

America
The cell based assay market is showing good opportunities for drug clinics or other pharmacy companies the global assay market is growing and it is expected to reach around $18000 million USD by 2020 by growing with the CAGR of more than 10%.

Asia
The demand for life science products in emerging Asian nations such as China and India is growing at a robust rate compared to developed countries. The Asian markets, especially China and India, have a large number of CROs that offer drug discovery services to serve pharmaceutical and biotechnology companies which ultimately drives cell-based assays market.

Assay market: Major market players

The major market players in Cell based assay market are:

Becton, Dickinson and Company (U.S.), Merck & Co, Inc. (U.S.), Danaher Corporation (U.S.), Thermo Fisher Scientific, Inc. (U.S.), PerkinElmer, Inc. (U.S.), Cell Signaling Technology, Inc. (U.S.), Cisbio Bioassays (France), DiscoveRx (U.S.), General Electric Company (U.S.), and Promega Corporation (U.S.).

The reports also covers brief analysis of Geographical Region includes:

Americas

North America

US

Canada

Mexico
Latin America
Europe

Western Europe

Germany

France

Italy

Spain

U.K

Rest of Western Europe
Eastern Europe

Poland

Russia
Asia – Pacific

Asia
China

India

Japan

South Korea

Rest of Asia
Pacific Countries
Middle-East & Africa

Every report of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market dynamics which includes trends, drivers, and restraints, opportunities along with the macro economical and governing factors. The report also gives a comprehensive study of the different market segments and regions.

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