Surface Plasmon Resonance Market - Forecast(2024 - 2030)

Report Code: HCR 96885 Report Format: PDF + Excel

Surface Plasmon Resonance Market Overview

Surface Plasmon Resonance market size is forecast to reach $1.2 billion by 2026, growing at a CAGR of 5.3% during the forecast period 2021-2026. Surface plasmon resonance is used to monitor label free biomolecular interactions in real time that is immobilized on metallic film. It is made up of gold at convenient combinations of wavelength. Surface plasmon resonance are also used to enhance the surface sensitivity of various spectroscopic measurements which includes fluorescence, conduction electrons, second harmonic generation, and raman scattering among others. 

It also helps in analyzing the biomolecular interactions Electromagnetic waves travelling along metallic air interface in the visible frequency is known as surface plasmon polariton. Increasing adoption of microfluidics and increasing usage of advanced imaging software are the major factors driving the growth of the market. Increasing availability of various versatile surface plasmon and increasing research & development of surface plasmon resonance system is set to further enhance the overall market development of the Surface Plasmon Resonance  Market for the period 2021-2026.

Report Coverage

The report: “Surface Plasmon Resonance Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Surface Plasmon Resonance Market.
By Product: Imaging System, Sensor System, and Reagent.
By Application: Drug Discover, Material Sciences, and Biosensor.
By Geography: North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, and Rest of South America), and Rest of the World (Middle East, and Africa).

Key Takeaways

  • North America dominated the Surface Plasmon Resonance Market in 2020 owing to the increasing expenditure on healthcare and increasing incidences of chronic diseases. The Surface Plasmon Resonance Market scope for different regions will be provided in the final report.
  • Increasing awareness through training programs and increasing availability of the products are likely to aid the market growth of the Surface Plasmon Resonance Market report.
  • Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be Surface Plasmon Resonance Market report.
  • High cost of installation and lack of skilled persons is poised to create the hurdles for the Surface Plasmon Resonance  Market.

Surface Plasmon Resonance Market Revenue Share, By Geography, 2020(%)

Surface Plasmon Resonance Growth Analysis Market

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Surface Plasmon Resonance Market Segment Analysis – By Product

Imaging System held the largest share in the Surface Plasmon Resonance Market in 2020 and is estimated to grow at a CAGR 5.9% during the forecast period 2021-2026. In machine vision, imaging systems are used for capturing images. It consists of illumination source, camera, and an imaging lens. Advanced imaging software is used for analyzing the surface plasmon resonance.  Imaging System are estimated to register the higher CAGR over the period 2021-2026.

Surface Plasmon Resonance Market Segment Analysis – By Application

Drug Discovery held the largest share in the Surface Plasmon Resonance Market in 2020 and is estimated to grow at a CAGR 6.4% during the forecast period 2021-2026. Surface plasmon resonance is increasing used for drug discovery process as it enables the highly sensitive and thermodynamics for target interactions that are ligand. It monitors any kind of molecular interactions that can be used in pharmaceutical science among others. It is also used to identify another technology of drug discovery process.Drug Discovery are estimated to register the higher CAGR over the period 2021-2026.

Surface Plasmon Resonance Market Segment Analysis – By Geography

North America dominated the Surface Plasmon Resonance Market with a major share of 39.0% in 2020. This is attributed to the increasing application of surface plasmon resonance for drug discovery and for monitoring small molecules interactions. Increasing usage of surface plasmon in food industry for monitoring the quality of food and quantity of vitamins in food is also increasing the growth of the market in this region. However, Asia Pacific is estimated to grow at a higher CAGR during the forecast period 2021-2026 owing to the increasing adoption of microfluidics for lowering the consumption of reagents and increasing research & development.

Surface Plasmon Resonance Market Drivers

Increasing Prevalence of Cardiovascular Diseases

Increasing prevalence of cardiovascular diseases is increasing the growth of the Surface Plasmon Resonance Market. Some of the major factors of cardiovascular disease includes unhealthy diet, usage of tobacco, and physical inactivity among others which raises the blood pressure and blood glucose causing overweight and obesity. According to WHO, Four out of 5 cardiovascular deaths are owing to heart attacks and strokes, and one third of these deaths occur prematurely in people under 70 years of age. Thus, increasing the growth of the Surface Plasmon Resonance Market during the forecast period 2021-2026.

Technological Advancements

Technological advancements is increasing the growth of the Surface Plasmon Resonance Market. Technological advancements has enabled manufacturers to develop imaging systems that contain ingestible flow sensors inside it. Increasing advancements in imaging systems has provided an opportunity to bio manufacturers. The majority of technological advancements were oriented towards the manufacturing of aseptically filled products. Thus, increasing the growth of the Surface Plasmon Resonance Market during the forecast period 2021-2026.

Surface Plasmon Resonance Market Challenges

High Cost of Installation and Lack of Skilled Professionals

Some of the factors that are set to impede the growth of the Surface Plasmon Resonance Market are high cost of installation and lack of skilled professionals. High cost of the product, and shortage of detection sensitivity are set to hinder the growth of the market.

Surface Plasmon Resonance Market Landscape

Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Surface Plasmon Resonance Market. In 2020, the Surface Plasmon Resonance Market share is consolidated by the top ten players present in the market. The Surface Plasmon Resonance Market, top 10 companies are Kinetic Evaluation Instrunments  BV, Nicoya Lifesciences Inc., Bio Rad Laboratories Inc, and Biosensing Instrunment Inc. among others.

Relevant Titles:

Report Code: AD 0031

Report Code: HCR 0069

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1. Surface Plasmon Resonance Market- Overview
    1.1 Definitions and Scope
2. Surface Plasmon Resonance Market- Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by  Product
    2.3 Key trends by  Application
    2.4 Key trends by Geography
3. Surface Plasmon Resonance Market– Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Surface Plasmon Resonance Market- Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Surface Plasmon Resonance Market– Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index  
    5.3 Case Studies of Successful Ventures
6. Surface Plasmon Resonance Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Surface Plasmon Resonance Market– Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Surface Plasmon Resonance Market– By  Product(Market Size –$Million/$Billion)
    8.1 Imaging System
    8.2 Sensor System
    8.3 Reagent
9. Surface Plasmon Resonance Market– By Application(Market Size –$Million/$Billion)
    9.1 Drug Discovery
    9.2 Material Sciences
    9.3 Biosensor
10. Surface Plasmon Resonance Market- By Geography(Market Size –$Million/$Billion)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Mexico
        10.1.3 Canada
    10.2 Europe
        10.2.1 U.K.
        10.2.2 France
        10.2.3 Germany
        10.2.4 Italy
        10.2.5 Spain
        10.2.6 Russia
        10.2.7 Rest of Europe
    10.3 Asia Pacific
        10.3.1 China
        10.3.2 India
        10.3.3 Japan
        10.3.4 South Korea
        10.3.5 Australia & New Zealand
        10.3.6 Rest of Asia Pacific
    10.4 South America
        10.4.1 Brazil
        10.4.2 Argentina
        10.4.3 Rest of South America
    10.5 Rest of the World
        10.5.1 Middle East
        10.5.2 Africa
11. Surface Plasmon Resonance Market- Entropy
12. Surface Plasmon Resonance Market– Industry/Segment Competition Landscape Premium
    12.1 Market Share Analysis
        12.1.1 Global Market Share – Key Companies
        12.1.2 Market Share by Region – Key companies
        12.1.3 Market Share by Countries – Key Companies
        12.1.4 Best Practices for Companies
13. Surface Plasmon Resonance Market– Key Company List by Country Premium Premium
14. Surface Plasmon Resonance Market Company Analysis
    14.1 Company 1
    14.2 Company 2
    14.3 Company 3
    14.4 Company 4
    14.5 Company 5
    14.6 Company 6
    14.7 Company 7
    14.8 Company 8
    14.9 Company 9
    14.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Competition Landscape Market 2023-2030 ($M)
2.Global Surface Plasmon Resonance Market Analysis and Forecast , By Product Type Market 2023-2030 ($M)
2.1 By Product Type, Market 2023-2030 ($M) - Global Industry Research
2.1.1 Imaging System Market 2023-2030 ($M)
2.1.2 Sensor System Market 2023-2030 ($M)
2.1.3 Reagents Market 2023-2030 ($M)
2.2 By Product Type, Market 2023-2030 ($M) - Global Industry Research
2.2.1 Imaging System Market 2023-2030 ($M)
2.2.2 Sensor System Market 2023-2030 ($M)
2.2.3 Reagents Market 2023-2030 ($M)
3.Global Surface Plasmon Resonance Market Analysis and Forecast , By End User Market 2023-2030 ($M)
3.1 By End User, Market 2023-2030 ($M) - Global Industry Research
3.1.1 Academic Research Institutes Market 2023-2030 ($M)
3.1.2 Food Beverage Industry Market 2023-2030 ($M)
3.1.3 Biopharmaceutical Companies Market 2023-2030 ($M)
3.1.4 CROs Market 2023-2030 ($M)
3.2 By End User, Market 2023-2030 ($M) - Global Industry Research
3.2.1 Academic Research Institutes Market 2023-2030 ($M)
3.2.2 Food Beverage Industry Market 2023-2030 ($M)
3.2.3 Biopharmaceutical Companies Market 2023-2030 ($M)
3.2.4 CROs Market 2023-2030 ($M)
4.Global Competition Landscape Market 2023-2030 (Volume/Units)
5.Global Surface Plasmon Resonance Market Analysis and Forecast , By Product Type Market 2023-2030 (Volume/Units)
5.1 By Product Type, Market 2023-2030 (Volume/Units) - Global Industry Research
5.1.1 Imaging System Market 2023-2030 (Volume/Units)
5.1.2 Sensor System Market 2023-2030 (Volume/Units)
5.1.3 Reagents Market 2023-2030 (Volume/Units)
5.2 By Product Type, Market 2023-2030 (Volume/Units) - Global Industry Research
5.2.1 Imaging System Market 2023-2030 (Volume/Units)
5.2.2 Sensor System Market 2023-2030 (Volume/Units)
5.2.3 Reagents Market 2023-2030 (Volume/Units)
6.Global Surface Plasmon Resonance Market Analysis and Forecast , By End User Market 2023-2030 (Volume/Units)
6.1 By End User, Market 2023-2030 (Volume/Units) - Global Industry Research
6.1.1 Academic Research Institutes Market 2023-2030 (Volume/Units)
6.1.2 Food Beverage Industry Market 2023-2030 (Volume/Units)
6.1.3 Biopharmaceutical Companies Market 2023-2030 (Volume/Units)
6.1.4 CROs Market 2023-2030 (Volume/Units)
6.2 By End User, Market 2023-2030 (Volume/Units) - Global Industry Research
6.2.1 Academic Research Institutes Market 2023-2030 (Volume/Units)
6.2.2 Food Beverage Industry Market 2023-2030 (Volume/Units)
6.2.3 Biopharmaceutical Companies Market 2023-2030 (Volume/Units)
6.2.4 CROs Market 2023-2030 (Volume/Units)
7.North America Competition Landscape Market 2023-2030 ($M)
8.North America Surface Plasmon Resonance Market Analysis and Forecast , By Product Type Market 2023-2030 ($M)
8.1 By Product Type, Market 2023-2030 ($M) - Regional Industry Research
8.1.1 Imaging System Market 2023-2030 ($M)
8.1.2 Sensor System Market 2023-2030 ($M)
8.1.3 Reagents Market 2023-2030 ($M)
8.2 By Product Type, Market 2023-2030 ($M) - Regional Industry Research
8.2.1 Imaging System Market 2023-2030 ($M)
8.2.2 Sensor System Market 2023-2030 ($M)
8.2.3 Reagents Market 2023-2030 ($M)
9.North America Surface Plasmon Resonance Market Analysis and Forecast , By End User Market 2023-2030 ($M)
9.1 By End User, Market 2023-2030 ($M) - Regional Industry Research
9.1.1 Academic Research Institutes Market 2023-2030 ($M)
9.1.2 Food Beverage Industry Market 2023-2030 ($M)
9.1.3 Biopharmaceutical Companies Market 2023-2030 ($M)
9.1.4 CROs Market 2023-2030 ($M)
9.2 By End User, Market 2023-2030 ($M) - Regional Industry Research
9.2.1 Academic Research Institutes Market 2023-2030 ($M)
9.2.2 Food Beverage Industry Market 2023-2030 ($M)
9.2.3 Biopharmaceutical Companies Market 2023-2030 ($M)
9.2.4 CROs Market 2023-2030 ($M)
10.South America Competition Landscape Market 2023-2030 ($M)
11.South America Surface Plasmon Resonance Market Analysis and Forecast , By Product Type Market 2023-2030 ($M)
11.1 By Product Type, Market 2023-2030 ($M) - Regional Industry Research
11.1.1 Imaging System Market 2023-2030 ($M)
11.1.2 Sensor System Market 2023-2030 ($M)
11.1.3 Reagents Market 2023-2030 ($M)
11.2 By Product Type, Market 2023-2030 ($M) - Regional Industry Research
11.2.1 Imaging System Market 2023-2030 ($M)
11.2.2 Sensor System Market 2023-2030 ($M)
11.2.3 Reagents Market 2023-2030 ($M)
12.South America Surface Plasmon Resonance Market Analysis and Forecast , By End User Market 2023-2030 ($M)
12.1 By End User, Market 2023-2030 ($M) - Regional Industry Research
12.1.1 Academic Research Institutes Market 2023-2030 ($M)
12.1.2 Food Beverage Industry Market 2023-2030 ($M)
12.1.3 Biopharmaceutical Companies Market 2023-2030 ($M)
12.1.4 CROs Market 2023-2030 ($M)
12.2 By End User, Market 2023-2030 ($M) - Regional Industry Research
12.2.1 Academic Research Institutes Market 2023-2030 ($M)
12.2.2 Food Beverage Industry Market 2023-2030 ($M)
12.2.3 Biopharmaceutical Companies Market 2023-2030 ($M)
12.2.4 CROs Market 2023-2030 ($M)
13.Europe Competition Landscape Market 2023-2030 ($M)
14.Europe Surface Plasmon Resonance Market Analysis and Forecast , By Product Type Market 2023-2030 ($M)
14.1 By Product Type, Market 2023-2030 ($M) - Regional Industry Research
14.1.1 Imaging System Market 2023-2030 ($M)
14.1.2 Sensor System Market 2023-2030 ($M)
14.1.3 Reagents Market 2023-2030 ($M)
14.2 By Product Type, Market 2023-2030 ($M) - Regional Industry Research
14.2.1 Imaging System Market 2023-2030 ($M)
14.2.2 Sensor System Market 2023-2030 ($M)
14.2.3 Reagents Market 2023-2030 ($M)
15.Europe Surface Plasmon Resonance Market Analysis and Forecast , By End User Market 2023-2030 ($M)
15.1 By End User, Market 2023-2030 ($M) - Regional Industry Research
15.1.1 Academic Research Institutes Market 2023-2030 ($M)
15.1.2 Food Beverage Industry Market 2023-2030 ($M)
15.1.3 Biopharmaceutical Companies Market 2023-2030 ($M)
15.1.4 CROs Market 2023-2030 ($M)
15.2 By End User, Market 2023-2030 ($M) - Regional Industry Research
15.2.1 Academic Research Institutes Market 2023-2030 ($M)
15.2.2 Food Beverage Industry Market 2023-2030 ($M)
15.2.3 Biopharmaceutical Companies Market 2023-2030 ($M)
15.2.4 CROs Market 2023-2030 ($M)
16.APAC Competition Landscape Market 2023-2030 ($M)
17.APAC Surface Plasmon Resonance Market Analysis and Forecast , By Product Type Market 2023-2030 ($M)
17.1 By Product Type, Market 2023-2030 ($M) - Regional Industry Research
17.1.1 Imaging System Market 2023-2030 ($M)
17.1.2 Sensor System Market 2023-2030 ($M)
17.1.3 Reagents Market 2023-2030 ($M)
17.2 By Product Type, Market 2023-2030 ($M) - Regional Industry Research
17.2.1 Imaging System Market 2023-2030 ($M)
17.2.2 Sensor System Market 2023-2030 ($M)
17.2.3 Reagents Market 2023-2030 ($M)
18.APAC Surface Plasmon Resonance Market Analysis and Forecast , By End User Market 2023-2030 ($M)
18.1 By End User, Market 2023-2030 ($M) - Regional Industry Research
18.1.1 Academic Research Institutes Market 2023-2030 ($M)
18.1.2 Food Beverage Industry Market 2023-2030 ($M)
18.1.3 Biopharmaceutical Companies Market 2023-2030 ($M)
18.1.4 CROs Market 2023-2030 ($M)
18.2 By End User, Market 2023-2030 ($M) - Regional Industry Research
18.2.1 Academic Research Institutes Market 2023-2030 ($M)
18.2.2 Food Beverage Industry Market 2023-2030 ($M)
18.2.3 Biopharmaceutical Companies Market 2023-2030 ($M)
18.2.4 CROs Market 2023-2030 ($M)
19.MENA Competition Landscape Market 2023-2030 ($M)
20.MENA Surface Plasmon Resonance Market Analysis and Forecast , By Product Type Market 2023-2030 ($M)
20.1 By Product Type, Market 2023-2030 ($M) - Regional Industry Research
20.1.1 Imaging System Market 2023-2030 ($M)
20.1.2 Sensor System Market 2023-2030 ($M)
20.1.3 Reagents Market 2023-2030 ($M)
20.2 By Product Type, Market 2023-2030 ($M) - Regional Industry Research
20.2.1 Imaging System Market 2023-2030 ($M)
20.2.2 Sensor System Market 2023-2030 ($M)
20.2.3 Reagents Market 2023-2030 ($M)
21.MENA Surface Plasmon Resonance Market Analysis and Forecast , By End User Market 2023-2030 ($M)
21.1 By End User, Market 2023-2030 ($M) - Regional Industry Research
21.1.1 Academic Research Institutes Market 2023-2030 ($M)
21.1.2 Food Beverage Industry Market 2023-2030 ($M)
21.1.3 Biopharmaceutical Companies Market 2023-2030 ($M)
21.1.4 CROs Market 2023-2030 ($M)
21.2 By End User, Market 2023-2030 ($M) - Regional Industry Research
21.2.1 Academic Research Institutes Market 2023-2030 ($M)
21.2.2 Food Beverage Industry Market 2023-2030 ($M)
21.2.3 Biopharmaceutical Companies Market 2023-2030 ($M)
21.2.4 CROs Market 2023-2030 ($M)

LIST OF FIGURES

1.US Surface Plasmon Resonance Growth Analysis Market Revenue, 2023-2030 ($M)
2.Canada Surface Plasmon Resonance Growth Analysis Market Revenue, 2023-2030 ($M)
3.Mexico Surface Plasmon Resonance Growth Analysis Market Revenue, 2023-2030 ($M)
4.Brazil Surface Plasmon Resonance Growth Analysis Market Revenue, 2023-2030 ($M)
5.Argentina Surface Plasmon Resonance Growth Analysis Market Revenue, 2023-2030 ($M)
6.Peru Surface Plasmon Resonance Growth Analysis Market Revenue, 2023-2030 ($M)
7.Colombia Surface Plasmon Resonance Growth Analysis Market Revenue, 2023-2030 ($M)
8.Chile Surface Plasmon Resonance Growth Analysis Market Revenue, 2023-2030 ($M)
9.Rest of South America Surface Plasmon Resonance Growth Analysis Market Revenue, 2023-2030 ($M)
10.UK Surface Plasmon Resonance Growth Analysis Market Revenue, 2023-2030 ($M)
11.Germany Surface Plasmon Resonance Growth Analysis Market Revenue, 2023-2030 ($M)
12.France Surface Plasmon Resonance Growth Analysis Market Revenue, 2023-2030 ($M)
13.Italy Surface Plasmon Resonance Growth Analysis Market Revenue, 2023-2030 ($M)
14.Spain Surface Plasmon Resonance Growth Analysis Market Revenue, 2023-2030 ($M)
15.Rest of Europe Surface Plasmon Resonance Growth Analysis Market Revenue, 2023-2030 ($M)
16.China Surface Plasmon Resonance Growth Analysis Market Revenue, 2023-2030 ($M)
17.India Surface Plasmon Resonance Growth Analysis Market Revenue, 2023-2030 ($M)
18.Japan Surface Plasmon Resonance Growth Analysis Market Revenue, 2023-2030 ($M)
19.South Korea Surface Plasmon Resonance Growth Analysis Market Revenue, 2023-2030 ($M)
20.South Africa Surface Plasmon Resonance Growth Analysis Market Revenue, 2023-2030 ($M)
21.North America Surface Plasmon Resonance Growth Analysis By Application
22.South America Surface Plasmon Resonance Growth Analysis By Application
23.Europe Surface Plasmon Resonance Growth Analysis By Application
24.APAC Surface Plasmon Resonance Growth Analysis By Application
25.MENA Surface Plasmon Resonance Growth Analysis By Application