Oxidative Stress Assay Market
Global Oxidative Stress Assay Market, By Product (Consumables and Instruments), By Test Type (Nucleic-Acid Based Assays, Lipid Acid Assays, Protein-Based Assays, Antioxidant Capacity Assays, Enzyme-Based Assays, and Reactive Oxygen Species (ROS)-Based Assays), Technology (Enzyme-linked Immunosorbent Assay (ELISA), Chromatography, Flow Cytometry, Microscopy, and High-Content Screening) Forecast Period, 2021-2027
The global oxidative stress assay market is projected to grow at a modest CAGR of nearly 7.5% during the forecast period (2021-2027). Oxidative stress is a health condition that resulted in an imbalance between antioxidants and free radicals in the body. It causes oxidative damage to proteins, lipids, and nucleic acids, which can further lead to the development of cancer, asthma, ischemia, diabetes, CVD, and neurodegenerative diseases. It is assessed using some assays that support healthcare researchers to gain a better understanding of the mechanisms and responses of the condition. Oxidative stress has recently become the focus of many studies to understand the defense mechanisms and the relationships between oxidative damage and disease such as diabetes, chronic obstructive pulmonary disease (COPD), cancer, and asthma or the aging process. Further, several assay methods have been developed for the superoxide anion, superoxide dismutase, glutathione, glutathione reductase, glutathione peroxide, DNA damage, 8-oxoguanines, 8-nitroguanosine, and lipid peroxide.
The factor contributing to the growth of the market is rapid growth in the pharmaceutical and biotechnology industry, rising number of individuals who smoke and consume alcohol. In addition, technological advancements to make high efficiency and precision in the testing of oxidation stress another factor propelling the market growth. However, high costs associated with the instruments and lack of a skilled workforce are some of the challenges that are hindering the growth of the market.
Impact of COVID-19 Pandemic on the Global Oxidative Stress Assay Market
COVID-19 pandemic led to a positive impact on the growth of the global oxidative stress assay market. The pandemic has created opportunities and challenges for the companies operating in the healthcare ecosystem. The number of patients in the hospitals has increased due to the COVID-19 virus, which has forced the countries to increase healthcare expenditure and improve infrastructure, thus, providing opportunities for the players to invest in the product.
Segmental Outlook
The market is segmented based on product, test type, and technology. Based on product, the market is segmented into consumables and instruments. Among products, the consumables segment is the largest and fastest-growing segment in 2020. This segment is also projected to register the highest CAGR from 2021 to 2027. The recurring requirement of consumables as compared to instruments is the key factor driving the growth of this segment. Based on test type the market is segmented into nucleic-acid based assays, lipid acid assays, protein-based assays, antioxidant capacity assays, enzyme-based assays, and reactive oxygen species (ROS)-based assays. Based on technology the market is segmented into enzyme-linked immunosorbent assay (ELISA), chromatography, flow cytometry, microscopy, and high-content screening.
Global Oxidative Stress Assay Market Share by Product, 2020 (%)
Consumable Segment to Hold a Lucrative Share in the Global Oxidative Stress Assay Market
Based on product, the market is segmented into consumables, instruments, and services. Among products, the consumables segment of the market is estimated to hold a lucrative share in the market. The attributable factor contributing to the growth of the segment includes the high adoption of kits and reagents and increased use of consumables in Contract Research Organizations (CRO) and the biotechnology industry.
Regional Outlook
The market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific region is projected to hold a significant market share during the forecast period. China and India are the major economies primarily contributing to the growth of the market in the region. The regional growth of the market is accredited to rising drug discovery and development activities and the growing biopharmaceutical industry. North America region leads the market owing to the rising well-developed healthcare infrastructure and significant presence of major players such as Thermo Fisher Scientific Inc. and Cell Biolabs Inc. Europe is expected to be the second-largest region in the market owing to rising healthcare expenditure. According to the Federal Statistical Office (Destatis), the total healthcare expenditure of Germany rose by nearly $23.6 or 4.9% compared with 2019. Additionally, during 2017-2019, the healthcare expenditure went up by 4.7% in 2017, 4% in 2018, and 4.9% in 2019. The healthcare expenditure in Germany exceeded $500 billion in 2019.
Global Oxidative Stress Assay Market Growth, by Region 2021-2027
Asia-Pacific is Projected to Have a Considerable Share in the Global Oxidative Stress Assay Market
Asia-Pacific is anticipated to exhibit the highest growth in the global oxidative stress assay market. The growth factors for the regional market include the rapid growth in healthcare expenditure. According to estimates from the World Bank, global healthcare spending increased from 1.995% of the GDP in 2013 to 2.274% of the GDP by 2018. Asian markets, especially China and India, have a large number of CROs that offer drug discovery services to serve the pharmaceutical and biotechnology industries. Further, the region has an increasing number of diabetes cases. China and India account for the highest cases of diabetes all across the globe. As per the IDF, China had the highest prevalence of diabetes (in the age range 20-79 years) in 2019 with around 116.5 million cases followed by India with around 77 million cases. By 2030, China, India, and Pakistan are expected to maintain their first, and second position globally in terms of the highest prevalence of diabetes with 140.5 million and 101.0 million cases, respectively.
Market Players Outlook
The prominent players functioning in the global oxidative stress assay market include Cell Biolabs, Inc., Merck KGaA, and Thermo Fisher Scientific, Inc., and among others. These key manufacturers are adopting various strategies such as new product launches and approvals, mergers and acquisitions, partnerships and collaborations, and many others to thrive in a competitive environment. For instance, in May 2020, Arbor Assays introduced TBARS/MDA as an important addition to its extensive catalog of oxidative stress products. A new assay is a powerful tool for researchers studying the basic oxidative stress mechanisms linked to a variety of debilitating diseases.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global oxidative stress assay market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Oxidative Stress Assay Industry
• Recovery Scenario of Global Oxidative Stress Assay Industry
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Conclusion
2.3. Porter’s Analysis
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Merck KGaA
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.2. Thermo Fisher Scientific, Inc.
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.3. Cell Biolabs Inc.
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Oxidative Stress Assay Market by Product
5.1.1. Consumables
5.1.2. Instruments
5.2. Global Oxidative Stress Assay Market by Test Type
5.2.1. Nucleic Acid-Based Assays
5.2.2. Lipid-Based Assays
5.2.3. Protein-Based Assays
5.2.4. Antioxidant Capacity Assays
5.2.5. Enzyme-Based Assays
5.2.6. Reactive Oxygen Species (ROS)-Based Assays
5.3. Global Oxidative Stress Assay Market by Technology
5.3.1. Enzyme-Linked Immunosorbent Assay (ELISA)
5.3.2. Chromatography
5.3.3. Flow Cytometry
5.3.4. Microscopy
5.3.5. High-Content Screening
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Abcam PLC
7.2. AMS Biotechnology (Europe) Ltd.
7.3. BioVision Inc.
7.4. Cayman Chemical Co.
7.5. Dojindo Molecular Technologies, Inc.
7.6. Enzo Life Sciences, Inc.
7.7. Genova Diagnostics Inc. (GDX)
7.8. Genox Corp.
7.9. ImmunoChemistry Technologies, LLC
7.10. Kamiya Biomedical Co.
7.11. Oxford Biomedical Research, Inc.
7.12. Promega Corp.
7.13. Qiagen N.V.
7.14. Randox Laboratories Ltd.
7.15. Toxys B.V.
1. GLOBAL OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2020-2027 ($ MILLION)
2. GLOBAL OXIDATIVE STRESS CONSUMABLES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL OXIDATIVE STRESS INSTRUMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY TEST TYPE, 2020-2027 ($ MILLION)
5. GLOBAL NUCLEIC ACID BASED OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL LIPID ACID BASED OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL PROTEIN-BASED ASSAYS BASED OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL ANTIOXIDANT CAPACITY BASED OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL ENZYME BASED OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
10. GLOBAL REACTIVE OXYGEN SPECIES (ROS) BASED OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
11. GLOBAL OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2020-2027 ($ MILLION)
12. GLOBAL ENZYME-LINKED IMMUNOSORBENT ASSAY (ELISA) BASED OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
13. GLOBAL CHROMATOGRAPHY BASED OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
14. GLOBAL FLOW CYTOMETRY BASED OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
15. GLOBAL MICROSCOPY BASED OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
16. GLOBAL HIGH-CONTENT SCREENING BASED OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
17. NORTH AMERICAN OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
18. NORTH AMERICAN OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2020-2027 ($ MILLION)
19. NORTH AMERICAN OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY TEST TYPE, 2020-2027 ($ MILLION)
20. NORTH AMERICAN OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2020-2027 ($ MILLION)
21. EUROPEAN OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
22. EUROPEAN OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2020-2027 ($ MILLION)
23. EUROPEAN OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY TEST TYPE, 2020-2027 ($ MILLION)
24. EUROPEAN OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2020-2027 ($ MILLION)
25. ASIA-PACIFIC OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
26. ASIA-PACIFIC OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2020-2027 ($ MILLION)
27. ASIA-PACIFIC OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY TEST TYPE, 2020-2027 ($ MILLION)
28. ASIA-PACIFIC OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2020-2027 ($ MILLION)
29. REST OF THE WORLD OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2020-2027 ($ MILLION)
30. REST OF THE WORLD OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY TEST TYPE, 2020-2027 ($ MILLION)
31. REST OF THE WORLD OXIDATIVE STRESS ASSAY MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL OXIDATIVE STRESS ASSAY MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL OXIDATIVE STRESS ASSAY MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL OXIDATIVE STRESS ASSAY MARKET, 2021-2027(%)
4. GLOBAL OXIDATIVE STRESS ASSAY MARKET SHARE BY PRODUCT, 2020 VS 2027 (%)
5. GLOBAL OXIDATIVE STRESS ASSAY MARKET SHARE BY TEST TYPE, 2020 VS 2027 (%)
6. GLOBAL OXIDATIVE STRESS ASSAY MARKET SHARE BY TECHNOLOGY, 2020 VS 2027 (%)
7. GLOBAL OXIDATIVE STRESS ASSAY MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL CONSUMABLES BASED OXIDATIVE STRESS ASSAY MARKET SHARE BY REGION, 2020 VS 2027 (%)
9. GLOBAL INSTRUMENTS BASED OXIDATIVE STRESS ASSAY MARKET SHARE BY REGION, 2020 VS 2027 (%)
10. GLOBAL NUCLEIC ACID BASED OXIDATIVE STRESS ASSAY MARKET SHARE BY REGION, 2020 VS 2027 (%)
11. GLOBAL LIPID BASED OXIDATIVE STRESS ASSAY MARKET SHARE BY REGION, 2020 VS 2027 (%)
12. GLOBAL PROTEIN BASED OXIDATIVE STRESS ASSAY MARKET SHARE BY REGION, 2020 VS 2027 (%)
13. GLOBAL ANTIOXIDANT CAPACITY OXIDATIVE STRESS ASSAY MARKET SHARE BY REGION, 2020 VS 2027 (%)
14. GLOBAL ENZYME BASED OXIDATIVE STRESS ASSAY MARKET SHARE BY REGION, 2020 VS 2027 (%)
15. GLOBAL REACTIVE OXYGEN SPECIES (ROS)-BASED OXIDATIVE STRESS ASSAY MARKET SHARE BY REGION, 2020 VS 2027 (%)
16. GLOBAL ENZYME-LINKED IMMUNOSORBENT ASSAY (ELISA) BASED OXIDATIVE STRESS ASSAY MARKET SHARE BY REGION, 2020 VS 2027 (%)
17. GLOBAL CHROMATOGRAPHY BASED OXIDATIVE STRESS ASSAY MARKET SHARE BY REGION, 2020 VS 2027 (%)
18. GLOBAL FLOW CYTOMETRY BASED ASSAYS BASED OXIDATIVE STRESS ASSAY MARKET SHARE BY REGION, 2020 VS 2027 (%)
19. GLOBAL MICROSCOPY BASED ASSAYS BASED OXIDATIVE STRESS ASSAY MARKET SHARE BY REGION, 2020 VS 2027 (%)
20. GLOBAL HIGH-CONTENT SCREENING BASED ASSAYS BASED OXIDATIVE STRESS ASSAY MARKET SHARE BY REGION, 2020 VS 2027 (%)
21. US OXIDATIVE STRESS ASSAY MARKET SIZE, 2020-2027 ($ MILLION)
22. CANADA OXIDATIVE STRESS ASSAY MARKET SIZE, 2020-2027 ($ MILLION)
23. UK OXIDATIVE STRESS ASSAY MARKET SIZE, 2020-2027 ($ MILLION)
24. FRANCE OXIDATIVE STRESS ASSAY MARKET SIZE, 2020-2027 ($ MILLION)
25. GERMANY OXIDATIVE STRESS ASSAY MARKET SIZE, 2020-2027 ($ MILLION)
26. ITALY OXIDATIVE STRESS ASSAY MARKET SIZE, 2020-2027 ($ MILLION)
27. SPAIN OXIDATIVE STRESS ASSAY MARKET SIZE, 2020-2027 ($ MILLION)
28. ROE OXIDATIVE STRESS ASSAY MARKET SIZE, 2020-2027 ($ MILLION)
29. INDIA OXIDATIVE STRESS ASSAY MARKET SIZE, 2020-2027 ($ MILLION)
30. CHINA OXIDATIVE STRESS ASSAY MARKET SIZE, 2020-2027 ($ MILLION)
31. JAPAN OXIDATIVE STRESS ASSAY MARKET SIZE, 2020-2027 ($ MILLION)
32. ASEAN OXIDATIVE STRESS ASSAY MARKET SIZE, 2020-2027 ($ MILLION)
33. SOUTH KOREA OXIDATIVE STRESS ASSAY MARKET SIZE, 2020-2027 ($ MILLION)
34. REST OF ASIA-PACIFIC OXIDATIVE STRESS ASSAY MARKET SIZE, 2020-2027 ($ MILLION)
35. REST OF THE WORLD OXIDATIVE STRESS ASSAY MARKET SIZE, 2020-2027 ($ MILLION)
