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Global Label-free Detection (LFD) Market 2017-2021

Global Label-free Detection (LFD) Market 2017-2021

About Label-free Detection (LFD)

LFD technology is used in the process of drug discovery. The main use of LFD technology is kinetics and analysis during drug discovery. LFD technology is widely used for end-point screening and specificity testing. Some of the benefits of LFD technology include faster turnaround time, real-time kinetic analysis, and others. LFD technology has replaced radioactive assay and enzyme-linked immunosorbent assay (ELISA). It helps study the interaction between drug and target.

Technavio’s analysts forecast the global label-free detection (LFD) market to grow at a CAGR of 10.76% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global label-free detection (LFD) market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Label-free Detection (LFD) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Bio-Rad Laboratories
  • GE Healthcare
  • F.Hoffman-La Roche
Other prominent vendors
  • AMETEK
  • Attana
  • BiOptix
  • Corning
  • Juno Therapeutics
  • Pall
  • SymCel
Market driver
  • Rise in drug discovery programs
  • For a full, detailed list, view our report
Market challenge
  • Strained laboratory budgets and decline in reimbursement
  • For a full, detailed list, view our report
Market trend
  • Potential opportunities for POL
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Label-free Detection (LFD) Market 2017-2021

Technavio recognizes the following companies as the key players in the global label-free detection (LFD) market: Bio-Rad Laboratories, GE Healthcare, and F.Hoffman-La Roche.

Other Prominent Vendors in the market are: AMETEK, Attana, BiOptix, Corning, Juno Therapeutics, Pall, and SymCel.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is potential opportunities for POL. Across the globe, there is neither uniformity nor support for the use of decentralized IVD tests in primary healthcare and outpatient settings. These tests are often performed in POL. The payers, regulators, and administrators are required to address the importance of POL testing as there are technical advances in portable IVD instruments.”

According to the report, one driver in the market is rise in drug discovery programs. The increasing incidence of chronic diseases such as respiratory diseases, chronic kidney diseases, leukemia, and others have contributed to the rise in drug discovery. Various drug discovery programs organized by many academic and research institutes across the world. The drug development helps in testing the toxicity of drug and efficacy at the target tissue or organ in a patient. Rise in drug discovery results in an increased demand for personalized medicines in the market. The market also witnesses an increase in partnership between academic research institutes and major pharmaceutical/ biotechnology companies.

Further, the report states that one challenge in the market is strained laboratory budgets and decline in reimbursement. The reimbursement policies for diagnostic testing are not constant across different geographies and they are moving in downward trend. The hospitals and diagnostic laboratories that are the primary end-user group are forced to reduce their expenditure on in-vitro diagnostic (IVD) instruments to have either break even or profitable revenue. There are workforce shortages at clinical laboratories and frequent visits to the doctor by patients who have lost their health insurance cards. These conditions have forced clinical laboratories to find alternative ways to maintain revenue despite limited capacity and testing volumes.

Companies Mentioned

Bio-Rad Laboratories, GE Healthcare, F.Hoffman-La Roche, AMETEK, Attana, BiOptix, Corning, Juno Therapeutics, Pall, and SymCel.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Global LFD market 2016-2021: Overview
    • Market size and forecast
      • Table Global LFD market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Global LFD market by product 2016-2021: Overview
    • Biochemical assays
      • Table Global biochemical assays market 2016-2021 ($ billions)
      • Table Impact assessment for global biochemical assays market 2016-2021
    • Cell-based assays
      • Table Global cell-based assays market 2016-2021 ($ billions)
      • Table Impact assessment for global cell-based assays market 2016-2021
  • Market segmentation by end-user
    • Market overview
      • Table Global LFD by end-user 2016-2021: Overview
      • Table Global LFD market segmentation by end-user 2016
      • Table Impact assessment of global LFD market 2016-2021
  • Geographical segmentation
    • Market overview
      • Table Global LFD market by geography 2016-2021: Overview
    • Americas
      • Table LFD market in Americas 2016-2021: Overview
      • Table LFD market in Americas 2016-2021 ($ billions)
      • Table LFD market in Americas: Future outlook
      • Table Americas: Market metrics in various countries
    • EMEA
      • Table LFD market in EMEA 2016-2021: Overview
      • Table LFD market in EMEA 2016-2021 ($ billions)
      • Table EMEA: Market metrics in various countries
      • Table LFD market in EMEA: Future outlook
    • APAC
      • Table LFD market in APAC 2016-2021: Overview
      • Table LFD market in APAC 2016-2021 ($ billions)
      • Table APAC: Market metrics in various countries
      • Table LFD market in APAC: Future outlook
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Potential opportunities for POL
    • Advances in technology
  • Vendor landscape
    • Competitive analysis
      • Table Competitive structure analysis of global LFD market 2016
      • Table Competitive analysis of global LFD market 2016
      • Table Strategic success factors of companies in global LFD market
  • Key vendor analysis
    • Bio-Rad Laboratories
      • Table Bio-Rad Laboratories: Key highlights
      • Table Bio-Rad Laboratories: Strength assessment
      • Table Bio-Rad Laboratories: Strategy assessment
      • Table Bio-Rad Laboratories: Opportunity assessment
    • GE Healthcare
      • Table GE Healthcare: Key highlights
      • Table GE Healthcare: Strength assessment
      • Table GE Healthcare: Strategy assessment
      • Table GE Healthcare: Opportunity assessment
    • F. Hoffman-La Roche
      • Table F. Hoffmann-La Roche: Key highlights
      • Table F. Hoffmann-La Roche: Strength assessment
      • Table F. Hoffmann-La Roche: Strategy assessment
      • Table F. Hoffmann-La Roche: Opportunity assessment
    • Key company to watch
      • Table PerkinElmer: Company analysis
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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