India Label-free Array Systems Market Size & Outlook

The label-free array systems market in India is expected to reach a projected revenue of US$ 34.0 million by 2030. A compound annual growth rate of 11.4% is expected of India label-free array systems market from 2024 to 2030.
Revenue, 2023 (US$M)
$16.0
Forecast, 2030 (US$M)
$34.0
CAGR, 2024 - 2030
11.4%
Report Coverage
India

India label-free array systems market, 2018-2030 (US$M)

India

India label-free array systems market highlights

  • The India label-free array systems market generated a revenue of USD 16.0 million in 2023 and is expected to reach USD 34.0 million by 2030.
  • The India market is expected to grow at a CAGR of 11.4% from 2024 to 2030.
  • In terms of segment, surface plasmon resonance was the largest revenue generating type in 2023.
  • Surface Plasmon Resonance is the most lucrative type segment registering the fastest growth during the forecast period.


Label-free array systems market data book summary

Market revenue in 2023USD 16.0 million
Market revenue in 2030USD 34.0 million
Growth rate11.4% (CAGR from 2023 to 2030)
Largest segmentSurface plasmon resonance
Fastest growing segmentSurface Plasmon Resonance
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSurface Plasmon Resonance, Bio-layer Interferometry, Cellular Dielectric Spectroscopy
Key market players worldwideIllumina Inc, Thermo Fisher Scientific Inc, Agilent Technologies Inc, PerkinElmer, Merck KGaA, Danaher Corp, Bio-Rad Laboratories Inc, Becton Dickinson & Co, Sartorius AG, Roche


Other key industry trends

  • In terms of revenue, India accounted for 3.3% of the global label-free array systems market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China label-free array systems market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 59.4 million by 2030.

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India label-free array systems market size, by type, 2018-2030 (US$M)

India Label-free Array Systems Market Outlook Share, 2023 & 2030 (US$M)

India label-free array systems market size, by type, 2018-2030 (US$M)

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