The global oxidative stress assay market is projected to grow at a modest CAGR of nearly 7.5% during the forecast period. 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.
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Moreover, Thermo Fisher Scientific has a strong presence in emerging markets. It has a good online presence, and is driven by innovation that strengthened its position in the oxidative stress assays market. Further, Merck KGaA has a strong focus on R&D and has invested 14% or more of its revenue on R&D over the last three years. Merck also has a robust product portfolio, along with a strong geographic presence and brand name. These factors make Merck a dominant player in the global oxidative stress assays market. The company further strengthened its position in the oxidative stress assays market with the acquisition of Sigma-Aldrich in 2015.
The market is driven by the rising incidence of various cellular diseases. In particular, CVD and oncology are key application areas of use of devices for detecting oxidative stress markers. As per the World Health Organization, an estimated 17.9 million people died from CVDs in 2019, representing 32% of all global deaths. Of these deaths, 85% were due to heart attack and stroke. Over three-quarters of CVD deaths take place in low- and middle-income countries.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered- by product, by test type, and by technology.
- Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
- Competitive Landscape- Cell Biolabs, Inc., Merck KGaA, Thermo Fisher Scientific, Inc., and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Oxidative Stress Assay Market – Segmentation
By Product
- Consumables
- Instruments
By Test Type
- Nucleic Acid-Based Assays
- Lipid-Based Assays
- Protein-Based Assays
- Antioxidant Capacity Assays
- Enzyme-Based Assays
- Reactive Oxygen Species (ROS)-Based Assays
By Technology
- Enzyme-Linked Immunosorbent Assay (ELISA)
- Chromatography
- Flow Cytometry
- Microscopy
- High-Content Screening
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Oxidative Stress Assay Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Abcam PLC
- AMS Biotechnology (Europe) Ltd.
- BioVision Inc.
- Cayman Chemical Co.
- Dojindo Molecular Technologies, Inc.
- Enzo Life Sciences, Inc.
- Genova Diagnostics Inc. (GDX)
- Genox Corp.
- ImmunoChemistry Technologies, LLC
- Kamiya Biomedical Co.
- Oxford Biomedical Research, Inc.
- Promega Corp.
- Qiagen N.V.
- Randox Laboratories Ltd.
- Toxys B.V.
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