The expanding pharmaceutical and biotechnology sectors worldwide and the rising need for food & drug safety are the key market growth propellers
ATP Assays Market Size – USD 213.2 million in 2020, Growth – at a CAGR of 10.5%, Trends – The rising prevalence of life-threatening diseases like cancer and the growing demand for safer food and medicinal products
The global ATP assays market size is expected to reach USD 472.6 million by 2028 at a CAGR of 10.5%, according to a new report by Reports and Data. The global market growth is primarily attributed to the growing demand for advanced, high-performance ATP assays in the healthcare, pharmaceutical, biotechnology, and food & beverage sectors. The increasing prevalence of life-threatening diseases like cancer, the rapid spread of severely infectious diseases, such as the COVID-19 pandemic, and the growing occurrence of water-borne and food-borne illnesses are the other significant parameters accountable for the global ATP assays market’s steady growth. Moreover, the ever-increasing need for safer drugs and food products, fast-paced adoption of food contamination testing methods across various sectors, and the rising focus on laboratory hygiene have further stimulated the market growth.
ATP (adenosine triphosphate) is the primary energy source found in living organisms, and it helps efficiently determine cell viability. ATP assays are tests that detect the viability of cells while examining the overall microbiological content and accurately detecting bacterial and microbial growth. Bioluminescent ATP assays are the most widely used ATP tests and are more efficient than other methods, owing to their simplified process, higher sensitivity, homogeneous protocol, and rapid results. ATP assays are widely used in the life sciences and pharmaceutical sectors for the assessment of drug safety.
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Thermo Fisher Scientific, Inc., Merck KGaA, Promega Corporation, Danaher Corporation, Geno Technology, Inc., PerkinElmer, Inc., Agilent Technologies, Elabscience, Inc., Abcam plc, Hygiena, Abnova Corporation, LLC, AAT Bioquest, MBL International Corporation, BioThema AB, Lonza Group, PromoCell GmbH, BioVision, Inc., Canvax Biotech S.L., Biotium, and Creative Bioarray are the renowned companies operating in the global ATP assays
Key Highlights of the Report:
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For the purpose of this report, the global ATP assays market has been segmented based on product type, application, end-user, and region:
By Product Type (Revenue, USD Million; 2018-2028)
By Application (Revenue, USD Million; 2018-2028)
By End-user (Revenue, USD Million; 2018-2028)
Regional Outlook (Revenue, USD Billion; 2018-2028)
Table of Content:
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Material Type Outlook
2.3. Application Outlook
2.4. Regional Insights
Chapter 3. ATP Assays Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
Continue…
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