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Global Array-based Systems Market – Industry Trends and Forecast to 2029

Healthcare

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Global Array-based Systems Market – Industry Trends and Forecast to 2029

  • Healthcare
  • Upcoming Report
  • Mar 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Array-based Systems Market, By Technique (Surface Plasmon Resonance, Microcantilever, Scanning Kelvin Nanoprobe, Enthalpy Array, Atomic Force Microscopy, Electrochemical Impedance Spectroscopy, Interference-based Technique, Ellipsometry Technique and Others), Application (Drug Discovery, Biomolecular Interactions, Detection of Disease Biomarkers and Others), End User (Contract Research Organizations, Academic and Research Institutes, Pharmaceutical and Biotechnology Industries and Others) – Industry Trends and Forecast to 2029.

Array-based Systems Market

Global Array-based Systems Market Analysis and Size

Biotechnology and pharmaceutical companies use array-based systems in the drug discovery process. It works on the principle of refractive index, impedance-based assays, and optical interferometry, for identifying and validating new molecules as the possible drug candidates. The systems reduce the cost and time for drug identification and validation process.

  • Data Bridge Market Research analyses that the array-based systems market is growing at a CAGR of 7.27% during the forecast period. The “surface plasmon resonance” is estimated to grow fastest within the technique segment owing to the increasing spending over research and development activities within this technique by pharmaceutical and biopharmaceutical companies. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Technique (Surface Plasmon Resonance, Microcantilever, Scanning Kelvin Nanoprobe, Enthalpy Array, Atomic Force Microscopy, Electrochemical Impedance Spectroscopy, Interference-based Technique, Ellipsometry Technique and Others), Application (Drug Discovery, Biomolecular Interactions, Detection of Disease Biomarkers and Others), End User (Contract Research Organizations, Academic and Research Institutes, Pharmaceutical and Biotechnology Industries and Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

GENERAL ELECTRIC COMPANY, F. Hoffmann-La Roche Ltd, Danaher, AMETEK Inc., Pall Corporation, BD, Molecular Devices, LLC, Eppendorf AG, Attana, Bruker, Abbott, Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., PerkinElmer Inc., BiOptix Analytical LLC, Integra LifeSciences Corporation., Siemens, Mölnlycke Health Care AB, Medtronic, and PAUL HARTMANN AG.

Global Array-based Systems Market Definition

Array-based systems is a screening process used in drug development and discovery in the usually used pharmaceutical and biotechnology industry. These systems enable monitoring molecular interactions in an array format. The traditional labelled technologies have certain limitations and drawbacks making the drug discovery process less effective which has given to the rise of label-free array systems. Label-free array systems provide measurements that are highly sensitive for a target that is endogenous in live cell assays and eliminates the need for dyes, reagents, engineered cells, and tags.

Array-Based Systems Market Dynamics

Drivers

  • Advancements in label-free technologies

Label-free array systems have taken centre stage as the research tool in many drug discovery processes. Label-free technologies are also used by manufacturers in context to patient samples, to produce biorelevant data that can result in effective drug development and precision medicine.

  • Increase in the Research and Development Expenditure

Biotechnology and pharmaceutical companies use label-free array systems in the drug discovery process. It works on the principle of refractive index, impedance-based assays, and optical interferometry, for identifying and validating new molecules as the possible drug candidates. The systems reduce the cost and time for drug identification and validation process. Additionally, advantages upon labelled detection techniques affect the array-based systems market.

Opportunities

Furthermore, growing adoption of healthcare cloud computing, mobile devices, internet of Things, cognitive systems, artificial intelligence, and machine learning extend profitable opportunities to the market players in the forecast period of 2022 to 2029.

Restraints/Challenges Global Array-based Systems Market

On the other hand, high cost of instruments and lack of people’s awareness are expected to obstruct market growth. Also, human variation of product efficacy and the lack for translatability of pre-clinical outcomes are projected to challenge the array-based systems market in the forecast period of 2022-2029.

This array-based systems market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the array-based systems market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Array- Based Systems Market

COVID-19 is one of the biggest blow for the market of array based systems market because not only it affected the whole economy but also because of lockdowns whole healthcare system was overwhelmed however, the biggest challenges in drug discovery and development are individual variability in drug effectiveness and a lack of translatability of pre-clinical results and because of lockdowns and fear of covid-19 nobody could’ve worked on finding these solutions so that’s why it affected very negatively the  array based systems market.

Global Array- Based Systems Market Scope

The array-based systems market is segmented on the basis of technique, application, and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Technique

  • Surface plasmon resonance
  • Microcantilever
  • Scanning kelvin nanoprobe
  • Enthalpy array
  • Atomic force microscopy
  • Electrochemical impedance spectroscopy
  • Interference-based technique
  • Ellipsometry technique
  • Others

Based on technique, array-based systems market is segmented into surface plasmon resonance, microcantilever, scanning kelvin nanoprobe, enthalpy array, atomic force microscopy, electrochemical impedance spectroscopy, interference-based technique, ellipsometry technique and others. The surface plasmon resonance will register the fastest growth within the segment owing to the increasing spending over research and development activities within this technique by pharmaceutical and biopharmaceutical companies.

Application

  • Drug discovery
  • Biomolecular interactions
  • Detection of disease biomarkers
  • Others

Based on the application, array-based systems market is segmented into drug discovery, biomolecular interactions, detection of disease biomarkers and others.

End user

  • Research organizations
  • Academic and research institutes
  • Pharmaceutical
  • Biotechnology industries Hospitals
  • Others

On the basis of end user, array-based systems market has been segmented into contract research organizations, academic and research institutes, pharmaceutical and biotechnology industries and others.

Array- Based Systems Market Regional Analysis/Insights

The array-based systems market is analysed and market size insights and trends are provided by country, technique, application, and end user as referenced above.

The countries covered in the array-based systems market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the array-based systems market due to the rise in chronic and life-threatening diseases is resulting in an increase in drug discovery programs in the United States within the region.

Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the increasing demand for label-free array systems in the region. The companies are also introducing label-free cell-based systems for early drug discovery in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Healthcare Infrastructure Growth Installed Base and New Technology Penetration

The array-based systems market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for array-based systems market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the array-based systems market. The data is available for historic period 2010-2020.

Competitive Landscape and Array- Based Systems Market Share Analysis

The array-based systems market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to array-based systems market.

Some of the major players operating in the array-based systems market are GENERAL ELECTRIC COMPANY, F. Hoffmann-La Roche Ltd, Danaher, AMETEK Inc., Pall Corporation, BD, Molecular Devices, LLC, Eppendorf AG, Attana, Bruker, Abbott, Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., PerkinElmer Inc., BiOptix Analytical LLC, Integra LifeSciences Corporation., Siemens, Mölnlycke Health Care AB, Medtronic, and PAUL HARTMANN AG, among others.

Research Methodology : Global Array- Based Systems Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-array-based-systems-market


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The Array-based Systems Market is growing at a CAGR of 7.27% during the forecast period forecast period of 2022 to 2029.
Advancements in label-free technologies, and Increase in the Research and Development Expenditure are the significant factors flourishing the growth of the Array-based Systems Market.
The major players operating in the array-based systems market are GENERAL ELECTRIC COMPANY, F. Hoffmann-La Roche Ltd, Danaher, AMETEK Inc., Pall Corporation, BD, Molecular Devices, LLC, Eppendorf AG, Attana, Bruker, Abbott, Agilent Technologies, Inc., Bio-Rad Laboratories, Inc., PerkinElmer Inc., BiOptix Analytical LLC, Integra LifeSciences Corporation., Siemens, Mölnlycke Health Care AB, Medtronic, and PAUL HARTMANN AG, among others.
On the basis of application, the Array-based Systems Market is segmented into Drug Discovery, Biomolecular Interactions, Detection of Disease Biomarkers and Others.
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