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Surface Plasmon Resonance Market Worth US$ 1273.8 Mn by 2027 End
Rising Popularity of Imaging Systems Expected to Fuel Revenue Growth of the Global Surface Plasmon Resonance Market

BriefingWire.com, 2/12/2019 - Future Market Insights presents detailed insights and a revised forecast of the global surface plasmon resonance market in a new report titled ‘Surface Plasmon Resonance Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027).’ According to the report, the global surface plasmon resonance market is expected to expand at a CAGR of 6.3% during the forecast period 2017–2027 and reach US$ 1273.8 Mn in revenues in 2027.

Increasing demand for high end, surface plasmon resonance from end users, such as hospitals, clinics, ambulatory surgical centres, nursing centers and reference laboratories for better throughput and performance will generate opportunities for using surface plasmon resonance technique over the long run and drive the growth of the global surface plasmon resonance market. Imaging system helps in increasing the throughput at a remarkable speed and with precise motion and consistency in report generation. The increasing adoption of label-free detection techniques over labelled detection techniques due to cost-effectiveness, availability of versatile products in the SPR market and coupling of complementary techniques with SPR to enhance specificity of the test are some factors which can upsurge the demand for surface plasmon resonance market.

Request to View Sample of Research Report @ www.futuremarketinsights.com/reports/sample/rep-gb-962

Global Surface Plasmon Resonance Market: Segmentation and Forecast

Imaging system segment will remain the largest segment by the product type, accounted for over 55.7% revenue share of the market in 2016. The other segment sensor system is also anticipated to register a significant growth over the forecast period followed by biosensors segment.

Drug discovery segment will remain the largest segment by the application, accounted for over 65.3% revenue share of the market in 2016 with 6.5% CAGR over the forecast period. The second largest market is biosensors, which is accounted for over 24.8% revenue share in 2016, followed by material science, which is also anticipated to register a significant growth.

Biopharmaceutical companies segment will contribute the largest segment by the end user, accounted for over 53.2% revenue share of the market in 2016. The increasing demand for surface plasmon resonance technique at end users such as h academic & research institutes, food & beverage industry, CROs and others are also anticipated to register a significant growth over the forecast period.

Global Surface Plasmon Resonance Market: Regional Overview

The developing medical industry in respect to advanced infrastructure and increasing medical tourism in the developing countries from the APEJ such as China, India will continue to have a positive impact on surface plasmon resonance market in APEJ. The increasing adoption of imaging system and biosensors in life science R&D will helps to boost the market growth. An ease-of-use and economic convenience in the North America and Western Europe is anticipated to boost the growth of the surface plasmon resonance market over a forecast period.

Browse More Information about this Report @ Surface Plasmon Resonance Market

 
 
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