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What's driving the Label Free Detection Market Size? | Top Key Players are Pall Corporation, Bio-Rad Laboratories, GE, X-BODY Biosciences, BiOptix, Attana AB, Danaher Corporation, PerkinElmer, Inc.
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Moreover, the advanced research and development facilities, and new and innovative product developments by the companies are also propelling the growth of the label free detection industry. Label free technologies are mainly used in drug discoveries and detection of molecular interactions. It is a highly precise method for the recognition of endogenous targets in cell assay.
The label free detection market is categorized on the basis of technology, application, products and end users. On the basis technology of label free detection, the market can be categorized as optical waveguide grating technology, surface plasmon resonance, cellular dielectric spectroscopy, bio-layer interferometry and others technologies. Surface plasmon resonance leads the market, as this technology is highly employed in drug discovery and development for getting into molecular binding mechanism and biological processes. Whereas, bio-layer interferometry is expected to grow at fastest rate due to increasing usage of technology in lifescience research for ligand binding studies.
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Based on application, the label free detection market can be segmented as lead generation, binding kinetics, hit confirmation, endogenous receptors detection, binding thermodynamics, and others.
Geographically, North America will be leading the global label free detection market in the coming years, due to increasing research and development spending. Asia-Pacific is the fastest growing region in the global label free detection market. The major reasons for the fastest growth of label free detection market in the region are increasing healthcare expenditure, improving healthcare infrastructure, increasing research and development funding, and large pool of patients in the region. Moreover, the label free detection market is growing due to increasing awareness of healthcare in the emerging countries, such as India and China, of Asia-Pacific region.
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Some of the companies operating in the global label free detection market:
1- Pall Corporation
2- Bio-Rad Laboratories
3- GE
4- X-BODY Biosciences
5- BiOptix
6- Attana AB
7- Danaher Corporation
8- PerkinElmer, Inc.
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P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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