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.

Click Here to Access the Sample Report @ https://www.reportsanddata.com/sample-enquiry-form/3902

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:

  • Based on product type, the consumables & accessories segment accounted for the largest market share in 2020. It is expected to continue its dominance throughout the projected period, mainly owing to the rising adoption of advanced ATP assays in the pharmaceutical and food & beverage industries.
  • Among the various end-users, the pharmaceutical & biotechnology companies segment is poised to acquire the highest market revenue in the coming years. The growth of this segment is attributed to the surging focus on drug safety, increased government investments in the pharmaceutical and biotechnology sectors for research purposes, and new drug development projects.
  • Of the key market regions, North America emerged as the leading regional segment in the global ATP assays market in 2020, retaining the highest revenue. North America’s market is predicted to grow substantially over the estimated period due to the region’s state-of-the-art healthcare infrastructure, increasing prevalence of chronic diseases like cancer, rising occurrence of contagious diseases, and a significant spike in the number of healthcare R&D activities.

Buy now @ https://www.reportsanddata.com/checkout-form/3902

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)

  • Instruments
    • Luminometers
    • Spectrophotometers
  • Consumables & Accessories
    • Reagents & Kits
    • Microplates
    • Others

By Application (Revenue, USD Million; 2018-2028)

  • Disease Testing
  • Contamination Testing
  • Drug Discovery & Development
  • Others

By End-user (Revenue, USD Million; 2018-2028)

  • Pharmaceutical & Biotechnology Companies
  • Academic & Research Institutions
  • Hospitals & Diagnostic Laboratories
  • Food & Beverage Industry
  • Others

Regional Outlook (Revenue, USD Billion; 2018-2028)

  • North America
  • Europe
  • Asia Pacific
  • MEA
  • Latin America

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…

Enquire for customization in Report @ https://www.reportsanddata.com/request-customization-form/3902

Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Browse More Reports:

Aerosol Propellants Market Size

Building & Construction Chemicals Market Share

Cool Roof Coatings Market Demand

Flat Glass Market Forecast

Industrial Absorbents Market Analysis

Phosphate Fertilizer Market Outlook

Tags: , , , , , , ,

See Campaign: https://www.reportsanddata.com/report-detail/atp-assays-market
Contact Information:

Contact Us:

John W

Head of Business Development

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

Reports and Data | Web: www.reportsanddata.com

News: www.reportsanddata.com/market-news

Tags:
Menafn, IPS, Reportedtimes, PR-Wirein, Extended Distribution, iCN Internal Distribution, Research Newswire, English

image

Contact Information:

Contact Us:

John W

Head of Business Development

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

Reports and Data | Web: www.reportsanddata.com

News: www.reportsanddata.com/market-news