ATP Assays Market Size To Reach USD 472.6 Million By 2028 Says Reports And Data

 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.

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

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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.

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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)

  • 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

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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…

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/atp-assays-market

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.

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyses consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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