Surface Plasmon Resonance Market is is poised to value over USD 1.24 billion by the end of 2027.

FutureWise Market Research has instantiated a report that provides an intricate analysis of Surface Plasmon Resonance Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.

According to the research study conducted by FutureWise research analysts, the Surface Plasmon Resonance Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.

Rising applications of surface plasmon resonance in drug discovery is oner of the factors responsible for the proliferation of the market. SPR is used for monitoring protein to protein, protein to small molecules and protein to peptide interactions that offer valuable equilibrium and kinetic data. The characterization of reaction affinity and kinetic binding between a receptor and a potential drug is compulsory for developing a new drug. Increased usage of SPR in the food sector shall boost the surface plasmon resonance market growth. SPR is used for monitoring the food quality through vitamin quantification in food matrices. SPR provides different advantages like faster preparation, reduced assay time and ease of use in comparison with alternative methods like microbiological assays shall aid in the growth of the market. However, the high expense of SPR products shall restrain the growth of the market. 
Furthermore, reagents bolstering such systems are expensive, thereby increasing the total interaction cost. Additionally, the development of point-of-care SPR products shall provide many lucrative market growth opportunities. Conversely, the SPR POC device development is restrained by multiple factors like shortage of detection sensitivity, high cost incurred for combining microfluidic chips with POC system and mass fabrication of substrate metal nanostructures that are durable.

Major players included in the Surface Plasmon Resonance Market:
• Bio-Rad Laboratories, Inc.
• Carterra Inc.
• Ametek, Inc.
• Bristol Myers Squibb
• Horiba, Ltd.
• Bruker
• Biosensing Instrument Inc.
(Note: The list of the major players will be updated with the latest market scenario and trends)

Surface Plasmon Resonance Market

Market Segmentation:

By Product Type
• Imaging Systems
• Sensor System
• Reagents

By Application
• Drug Discovery
  o Drug Formulation
  o Controlled Drug Release
  o Drug-cell Interactions
• Material Science
  o New Material and Coatings
  o Process Optimization
• Biosensors
  o Food Safety
  o Environmental Safety
  o Cancer
  o DNA
  o Nanosafety

By Region
•    North America
•    Europe
•    Asia-Pacific
•    Latin America
•    Middle East and Africa

The market is classified into product type, application and region. The product type segment is diversified into imaging system, sensor system and reagents. The application segment is categorised into drug discovery, material science, biosensors. The drug discovery segment is further fragmented into drug formulation, drug-cell interactions and controlled drug release while the material science segment is divided into new material and coatings and process optimization. 

Regional Analysis:

The North America region is predicted to dominate the market during the forecast period owing to a strong presence of key market players in the region, growing investments from government bodies for conducting extensive researches on SPR technology. 

Competitive Landscape:                            

• Tier 1 players- established companies in the market with a major market share
• Tier 2 players
• Emerging players which are growing rapidly
• New Entrants

FutureWise Key Takeaways:

•    Growth prospects
•    SWOT analysis 
•    Key market trends 
•    Key data-points affecting market growth

Objectives of the Study:

•    To provide with an exhaustive analysis on the global surface plasmon resonance market by product type, by application and by region
•    To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
•    To evaluate and forecast micro-markets and the overall market 
•    To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East and Africa
•    To record, evaluate and analyze competitive landscape mapping- product launches, technological advancements, mergers and expansions

Flexible Delivery Model:

•    We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
•    The customization Mobility Care offered are free of charge with purchase of any license of the report
•    You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com


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What you get

  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included

  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics