Global ATP Assays Market Size study, by Product ( Consumables & Accessories, Reagent, Microplates, Other Consumables & Accessories, Instruments, Luminometers, Spectrophotometers), by Application ( Contamination Testing, Disease Testing, Drug Discovery and Development), by End-User ( Pharmaceutical & Biotechnology companies, Food and Beverage Industry, Hospitals and Diagnostic Laboratories, Academic and Research Institutions)and Regional Forecasts 2022-2028
Global ATP Assays Market is valued approximately USD 255 million in 2021 and is anticipated to grow with a healthy growth rate of more than 8% over the forecast period 2022-2028.ATP assays are procedures that can determine cell viability by detecting ATP. All live cells, including bacteria, can be detected with ATP tests with the help of Colorimetric, fluorescent, and bioluminescent detection technologies. The high prevalence of chronic diseases, as well as the use of advanced technologies in microbial detection, rising demand for cell-based assays in research, increasing investments in cancer and stem cell research, and the use of advanced technologies in microbial detection, are all driving growth in this market. For instance, In 2019, AVITA Medical in Australia joined with experts at the Gates Center for stem cell therapy at the University Of Colorado School Of Medicine to explore development of spray-on treatment of genetically engineered cells for patients. ATP tests are also used in food manufacturing facilities to determine if food-contact surfaces are thoroughly cleaned. It also ensures that the surfaces are free of harmful microbiological loads and that the products are safe and of good quality.Food adulteration incidents are on the rise in India, according to the Food Safety and Standards Authority of India. As a result, the demand for ATP has increased due to rising food-safety concerns and the need to avoid adulteration and maintain food quality. Whereas, the high cost of these instruments is a major barrier restricting the adoption of ATP assay devices, particularly in emerging regions. Further, technological enhancements in ATP assay is expected to create growth opportunity in the market.
The key regions considered for the global ATP Assays Marketstudy includes Asia Pacific, North America, Europe, Latin America, and Rest of the World.North America dominated the ATP assays market, followed by Europe, Asia Pacific, Latin America, and the Middle East and Africa. The region's strong pharmaceutical and biotechnology industry, rising demand for cell-based assays in research, growing food safety concerns, and increased government financing for life science research all contribute to North America's substantial growth. Whereas Asia Pacific is predicted to expand at the greatest CAGR over the projection period of 2022–2028. This regional market is predicted to develop at the fastest rate over the forecast period, as several APAC countries see an increase in proteomics, genomics, and stem cell research activities.
Major market player included in this report are:
Thermo Fisher Scientific, Inc.
Promega Corporation
Merck KGaA
PerkinElmer, Inc.
Agilent Technologies, Inc.
Abcam plc
Lonza Group
NEOGEN Corporation
3M
Danaher Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByProduct:
Consumables & Accessories
Reagent
Microplates
Other Consumables & Accessories
Instruments
Luminometers
Spectrophotometers
By Application:
Contamination Testing
Disease Testing
Drug Discovery and Development
By End-User:
Pharmaceutical & Biotechnology companies
Food and Beverage Industry
Hospitals and Diagnostic Laboratories
Academic and Research Institutions
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global ATP Assays Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Thermo Fisher Scientific, Inc.
Promega Corporation
Merck KGaA
PerkinElmer, Inc.
Agilent Technologies, Inc.
Abcam plc
Lonza Group
NEOGEN Corporation
3M
Danaher Corporation
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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