Label-Free Array System Market Size Worth $920.47 Million By 2032 | CAGR: 7.3%

The global label-free array system market size is expected to reach USD 920.47 million by 2032, according to a new study by Polaris Market Research. The report “Label-free Array System Market Share, Size, Trends, Industry Analysis Report, By Type (Surface Plasmon Resonance, Bio-layer Interferometry, Cellular Dielectric Spectroscopy, Others); By Application; By End-user; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Market for label-free array systems is expanding as a result of the growing use of biosensors in a variety of industries, including healthcare, environmental monitoring, and food safety. Label-free array systems are crucial to biosensors because they enable the detection and measurement of biomolecular interactions. For instance, a paper published by the Westlake University, unveiled new plasmon resonance bio-sensor for the COVID detection in saliva, to assess the efficacy. Suggested automatic biosensing system demonstrated its potential for on-site coronavirus detection with appropriate sensitivity by providing the findings of 100 samples in half hour.

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Technology advancements have made label-free array systems more sensitive, quick, and accurate. The market for label-free array systems is expanding in the food and beverage sector due to the rising need for food safety testing. Label-free array systems are an important tool for guaranteeing food safety since they can identify food pollutants, allergies, and adulterants with high sensitivity and specificity.

In December 2022, a disposable synthetic biosensor based on paper that can swiftly identify rotten meat has been created by researchers at the Shih Microfluidics Lab. Cell-based protein synthesis, in which proteins are generated using a cell's "biological machinery" without utilizing the living cell, allows the sensor to detect the presence of the toxin putrescine in beef.

The need for label-free array systems for biomarker discovery and medication development is growing as chronic illnesses like cancer and diabetes are becoming more common. The development of label-free array systems is receiving significant funding from both public and commercial entities. The market expansion that is being stimulated by this investment is likely to be fueled by the development of new technologies and applications.

Label-Free Array System Market Report Highlights

• Surface Plasmon Resonance segment is lead the market share as this technology allows for the rapid screening of thousands of compounds in a short period.
• Protein Interface Analysis segment is expected to grow at a high CAGR during the forecast period. Newer Label-free Array systems have enabled the identification of new protein-protein interactions and the characterization of protein complexes essential for the development of protein therapeutics.
• Pharmaceutical and biotechnology companies’ segment is expected to lead the market during the forecast period. Label-free array systems are being utilised by the biotechnology and pharmaceutical sectors more and more for the investigation of protein interactions.
• North America is the largest market due as this region has a highly developed research infrastructure, which has led to significant technological advancements in the field of label-free array systems
• Key players include Thermo Fisher Scientific, Agilent Technologies., PerkinElmer, Merck & Sartorius.

Polaris Market Research has segmented the Label-Free Array System market report according to type, application, end-user, and region:

Label-Free Array System, Type Outlook (Revenue - USD Million, 2019 - 2032)

• Surface Plasmon Resonance
• Bio-layer Interferometry
• Cellular Dielectric Spectroscopy
• Others

      Label-Free Array System, Application Outlook (Revenue - USD Million, 2019 - 2032)

• Drug Discovery
• Protein Interface Analysis
• Antibody Characterization
• Others

      Label-Free Array System, End-user Outlook (Revenue - USD Million, 2019 - 2032)

• Pharmaceutical & Biotechnology Companies
• Academic & Research Institutes
• CRO
• Others

Label-Free Array System, Regional Outlook (Revenue - USD Million, 2019 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa