Global Oxidative Stress Detection Market 2016-2020
About Oxidative Stress
Oxidative stress is a state of imbalance caused in cells when a free radical or a reactive oxygen species takes an electron from a molecule and causes a chain reaction leading to cell and tissue damage. Oxidative stress is common in all living organisms and is acceptable to a certain level, beyond which it leads to several biological imbalances and disorders due to the damage it causes to the proteins, lipids, and the DNA in the cells. The condition is usually controlled by the introduction of antioxidants into the body.
Technavio’s analysts forecast the global oxidative stress detection market to grow at a CAGR of 9.28% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global oxidative stress detection market for 2016-2020. To calculate the market size, the report considers the revenue generated by the sales of instruments, reagents, and services provided for oxidative stress detection process.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Oxidative Stress Detection Market 2016-2020
Technavio recognizes the following companies as the key players in the global oxidative stress detection market: Abcam, EMD Millipore, Promega, Qiagen, Thermo Fisher Scientific, Amsbio, Bio-Rad, BioVision, Cell Biolabs, Cell Signaling Technology, Enzo Biochem, Genova Diagnostics, Rel Assay Diagnostics, Sigma-Aldrich, and tebu-bio.
Commenting on the report, an analyst from Technavio’s team said: “Over the past decade, a number of new methods that help in detecting, measuring, and studying oxidative stress in live cells have been introduced. ELISA and flow cytometry, along with the relatively newer technologies, are being used to detect oxidative stress in the body, as well as other key vitals and composition details. In the last four years, the trend has shifted from changes in measuring instruments to incremental innovations in the reagents and consumables segment. In 2016, a new salimetrics uric acid assay kit was introduced. It is capable of high-efficiency oxidative stress research, with non-invasive saliva sampling making the process easier and faster. These new methods of detection and the development of new reagents and consumables will open doors to new possibilities of non-invasive detection of oxidative stress in the body.”
According to the report, one of the key drivers for market growth will be rapid growth of end-user industries. The primary end-users of oxidative stress assays are the healthcare industry, pharmaceutical industry, and research institutes. The global pharmaceutical industry will grow at a CAGR of 8.8% between 2015 and 2020, with growing investments in drug discovery and detection. Within the pharmaceutical industry, biopharmaceutical and biotechnology sectors are the major users of oxidative stress assays. The biopharmaceutical sector will grow at a CAGR of 9.8%, followed by biotechnology with 8.6% during the forecast period. Another area of importance for oxidative stress detection is healthcare diagnostics, which has been gaining importance over the past five years and improving its infrastructure since 2010 in most countries. The steady growth of these end-users of oxidative stress assays will drive the demand for these products and solutions during the forecast period.
Further, the report states that handling the instruments used in the process of oxidative stress detection such as flow cytometry and ELISA requires certain specific skills and expertise. The process involves sample preparation, handling, analysis, rendering, and interpretation of the data. These molecules go through a number of stages, all of which are considered challenging, even for a well-trained professional. Extensive training and experience are required to operate all these stages for successful oxidative stress detection. The limited number of trained professionals will create a challenge to the growth of the market during the forecast period. Moreover, the sophistication of these devices increases the maintenance costs for academic institutions and companies such as those in the biopharmaceutical industry that rely heavily on their use.
Abcam, EMD Millipore, Promega, Qiagen, Thermo Fisher Scientific, Amsbio, Bio-Rad, BioVision, Cell Biolabs, Cell Signaling Technology, Enzo Biochem, Genova Diagnostics, Rel Assay Diagnostics, Sigma-Aldrich, and tebu-bio.
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