Label free detection technology is a drug discovery tool that can be used for the detection of the molecular interactions. Unlike enzyme linked immunoassay (ELISA) and flow cytometry, this tool helps in the investigation of molecular interactions without spatial interference, auto fluorescent and quenching effects. The label free detection technology is specifically designed to detect endogenous targets in assays by eliminating the use of reporter labels like dyes, tags, or specialized reagents.
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The market of label free detection techniques market can be segmented into:
Label Free Detection Instruments
Cellular Dielectric Spectroscopy
Optical Waveguide Grating Technology
Surface Plasmon Resonance
Endogenous Receptor Detection
By End Users
Academic Research Institutes
Contract Research Organizations (CROs)
Pharmaceutical and Biotechnology Industries
Label free detection techniques offers effectively manage complexity of multiple signaling pathways and also eliminate the use of auto fluorescent, spatial interference which would increase the usage of label free detection techniques hence drives the market growth. In addition, rising research and development activities in pharmaceutical, biotechnology companies and in academic institutions coupled with rising pharmaceutical outsourcing activities will further stimulate the uptake of label free detection technologies hence drives the market growth. Moreover, many private and government organizations are organizing seminars to increase the awareness about label free detection techniques among the end users which would drive the market growth. Consistent efforts of key companies to develop...