Surface Plasmon Resonance (SPR) System Market size was valued at USD 724.18 Million in 2022 and is projected to reach USD 1246.38 Million by 2030, growing at a CAGR of 9.11% from 2023 to 2030.
SPR is a sensitive optical technique used to research real-time molecular contacts and analyse diverse biomolecular interactions such as protein-protein, protein-DNA, protein-small molecule, and antibody-antigen. SPR involves depositing a thin metal coating, usually gold or silver, on top of a glass prism or metal-coated sensor chip. A detection surface is provided by the metal sheet. When polarised light is focused at that surface at a specific angle, an electromagnetic wave known as a surface plasmon polariton (SPP) is produced. SPP is extremely sensitive to changes in the metal-dielectric interface, such as molecule attachment or dissociation at the surface.
The key driver driving market expansion is increased awareness through campaigns and educational programmes, as well as an increase in the incidence of chronic diseases and other health problems that impede with market growth. This technology is emerging in critical sectors such as pharmaceuticals, clinical research, food processing, and other sectors driving market growth in both developed and developing countries. Furthermore, the availability of various items for this technology would aid demand growth in the global market.
Furthermore, increased government and non-governmental organisation (NGO) investment in clinical research facilities would only improve the market’s growth potential. Furthermore, the increasing popularity of these technologies and their benefits in the food industry drive the Surface Plasmon Resonance (SPR) Market.
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Market Segmentations:
Global Surface Plasmon Resonance (SPR) System Market: By Company
• GE Healthcare
• Bio-Rad Laboratories
• Biosensing Instruments
• Horiba
• Danaher
• AMETEK
• Bruker
• Nicoya
• Carterra
Global Surface Plasmon Resonance (SPR) System Market: By Type
• 3 Spots
• 4 Spots
Global Surface Plasmon Resonance (SPR) System Market: By Application
• Drug Discovery
• Material Science
• Biosensors
Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Surface Plasmon Resonance (SPR) System market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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