openPR Logo
Press release

Custom Assays Market to Register Substantial Expansion by 2027

11-02-2017 03:18 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

/ PR Agency: Future Market Insights
Custom Assays Market to Register Substantial Expansion by 2027

Custom assay services, now a days, are highly trending among life sciences and biotechnology industries due to its cost effective and fit-for purpose nature. Custom assay are specifically designed biochemical or cell based assays provided by the manufacturers of assay kits upon request by the customer to satisfy their purpose or needs. Custom assay provide easy solution to the academic as well as industrial laboratories for qualitative as well as quantitative determination of various biological analytes such as proteins, enzymes, antibodies, biomarkers, antigens etc. Custom assay services are highly beneficial in biotechnology industries for genotyping, HLA tissue typing etc. where quick turn-around time is desired to screen large number of samples and avoid the wastage of chemicals & resources. Introduction of customized multiplex assays is further expected to cut-down the requirement of time and money in the complicated biological assays. Customized assays are also used in the research institutes, diagnostic laboratories, and contract research organizations for analysis of clinical parameters during new drug development or development of new treatment. Customized cell-based assays are used in cancer research institutes, government institutes, forensics, etc. Custom assays are also used in the pharmaceutical and food industries for quality testing.

A sample of this report is available upon request @

https://www.futuremarketinsights.com/reports/sample/rep-gb-3312

Custom Assays Market: Drivers and Restraints

Custom assays market is expected to be driven by increasing research and development activities in life science and biotechnology industry and growing number of academic and research institutes across the globe. Moreover, increasing demand for tissue diagnostic and cell based diagnostics for cancer, HIV, and infectious diseases is expected to fuel the global demand for custom assay products over the forecast period. Availability of custom assay and bulk purchase contracts for huge number of biological samples being screened is proving cost effective for biotechnological companies. Emerging biochip technology would create good opportunity for custom assay providers in the global market. However, challenges in assay optimization and standardization are some of the factors restricting the growth of global custo assay market.

Custom Assays Market: Segmentation

Tentatively, the global custom assay market has been segmented on the basis of assay type, end user, and geography.

Based on assay type, the global custom assay market is divided into following:

Activity Assays

Competitive Assays

ELISA Assays

Sandwich Assays

Screening Assays

Others (conjugation assay, etc.)

Based on technology, the custom assay market is divided into following:

Flow Cytometry

Membrane Based/Planar Assays

Suspension/ Bead Based Assays

Others

Based on retail end user, the laboratory filtration devices market is segmented as below:

Academic and Research Institutes

Life Science Industries

Biotechnology Companies

Diagnostic Centers

Contract Research Organizations

Food and Beverage Companies

Custom Assays Market: Overview

The global market for custom assay is highly fragmented with presence of local and regional players. However, global players are expected to account for over 50% of the share in the global market. Based on assay type, custom ELISA assays are expected to contribute highest share in the global market owing to huge applications of ELISA assays in different industries. Based on end user, biotechnology industries and diagnostic centers are expected to hold considerable share in the global market for custom assays. Requirement of minimum skills and cost-saving products are the factors contributing high demand for custom assay products in academic and research institutes across the globe.

Custom Assays Market: Regional Wise Outlook

Geographically, global custom assays market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. The market in Asia Pacific and Japan is expected to grow at significant CAGR due to growing number of research institutes in countries such as India, Australia and Japan. North America will continue to hold largest share in the custom assays market as majority of the best academic and research institutes are located in the U.S. which are culture positive to innovation. Europe is expected to take second largest share in the global custom assay market due to large number of global players operating in Europe.

Custom Assays Market: Key Players

Some of the major players in the global custom assay market are Promega Corporation, Bioassay Systems, Sigma-Aldrich Inc. (Merck KGaA), Thermo Fisher Scientific Inc., R & D Syatems Inc. (Biotechne Inc.), Fluidigm, Luminex Corporation, F. Hoffmann-La Roche AG, QIAGEN N.V, Quansys Bioscience, BD Biosciences and others. Companies often provide custom assay services, where user can define their requirements and specifications and assay is built accordingly by the manufacturer.

To view TOC of this report is available upon request @

https://www.futuremarketinsights.com/toc/rep-gb-3312

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Contact Us

Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Custom Assays Market to Register Substantial Expansion by 2027 here

News-ID: 799306 • Views: 136

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Custom

Spa Party Custom Patches
The Spa Party Custom Patches is based on the theme of women's love for beauty. The woman of the picture is washing face and post mask. Women's beauty is a long-lasting topic. This embroidery can be used to express the theme of women's beauty. We value a long-term and friendly cooperation. So we just provide the best Custom Made Patches. We always respect the suggestions whcih are from our customers. Our
custom patches
Custom Made Patches are used all over as a way of promoting and imparting recognition to the logos and identity of different companies and institutes. Whether you own a small personal club, a school, institute, company or want to improve the branding value of your residential or friend’s society, customized embroidered patches are just the way to do it. https://www.gs-jj.com/patches/Custom-Patches Email: info@gs-jj.com Call: 1-888-864-4755 Custom Made Patches are used all over as a way
GTT Acquires Custom Connect
Expands Tier 1 IP network in Europe and Middle East Adds strategic low latency routes Expands base of multinational clients McLean, VA, January 8, 2018 — GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today the acquisition of Custom Connect, an Amsterdam-headquartered provider of high-speed network connectivity serving the world’s leading multinational enterprises and financial trading firms. The strategic combination: Extends the reach of GTT’s global Tier 1
BelakWood - Custom Furniture • Fine Woodworking • Custom Cabinets
As Belak strives to build products following supreme quality standards, our main focus has been and will always be on the customer’s experience. We follow a process that will identify your needs and preferences. To preserve your excitement about buying a handcrafted furniture, we will guide you through every step assuring the final product is exactly what you imagine. The first step is identifying overall needs and preferences in regards with
Custom smartphone applications developer
Custom smartphone applications developer iPhone, Blackberry, iPad, Androids applications Smart Phone Software Inc. is a company that exclusively deals in the smart phone apps solutions and provides wide spectrum of thorough smart phone apps to businesses and individuals. The company establishes array of custom Smart Phone Applications that are segregated into definitive and resourceful solutions which hold a great deal of interactivity and viability in niche segments. These solutions are based on
Custom Media Services Launches AVStore.com
NASHVILLE - July 30,2010 - Custom Media Services, a Nashville-based audiovisual equipment dealer announces the grand opening of its flagship e-commerce store, AVStore.com. AV and Broadcast veteran Rick Parsley, a 30-year veteran of the AV and broadcast industries is the General Manager, based in Dayton, Ohio. "AVstore.com makes it easy to purchase projectors, screens, LCD and plasma flat panels, audio gear, cables, videotape, and storage media," said Parsley.