Surface Plasmon Resonance Market Trends 2025: Detailed Report on Market Size & Projections

24 Apr, 2025

The Surface Plasmon Resonance Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.

What are the Historical Growth Trends in the Surface Plasmon Resonance Market?

The rapid growth of the surface plasmon resonance market has seen it increase from $1.19 billion in 2024 to $1.33 billion in 2025. This growth represents a compound annual growth rate (CAGR) of 12.0%.

What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Surface Plasmon Resonance Industry?

The Surface Plasmon Resonance market is predicted to increase in size to $2.07 billion by 2029. The compound annual growth rate (CAGR) is expected to be 11.6%.

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What are the Key Growth Drivers Fueling the Surface Plasmon Resonance Market?

The key drivers in the surface plasmon resonance market are:

• Rising demand for personalized medicine
• Increased utilization in food safety testing
• Growing focus on biomarker discovery
• Expanding use in environmental monitoring and agricultural biotechnology sector

Global Market Segmentation: Identifying Major Surface Plasmon Resonance Industry Segments

The surface plasmon resonance market covered in this report is segmented –
1) By Product Type: Imaging System, Sensor System, Reagents
2) By Technology: Prism-Based Surface Plasmon Resonance (SPR), Grating-Based Surface Plasmon Resonance (SPR), Other Technologies
3) By Application: Drug Discovery, Drug Formulation, Controlled Drug Release, Drug Cell Interaction, Material Science, Biosensors
4) By End-User: Academic And Research Institutes, Food And Beverage Industry, Biopharmaceutical Companies, Contract Research Organizations (CROs), Other End-Users Subsegments:
1) By Imaging System: 2D Imaging Systems, 3D Imaging Systems, High-Resolution Imaging Systems
2) By Sensor System: Optical Sensor Systems, Portable Sensor Systems, Multi-channel Sensor Systems
3) By Reagents: Binding Reagents, Sample Preparation Reagents, Stabilizing Reagents

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What are the emerging Trends Shaping the Future of the Surface Plasmon Resonance Market?

The key trends in the surface plasmon resonance market are:

• There is an increasing demand for label-free detection technologies in the market.
• Advancements in nanotechnology are beginning to shape the future of the market.
• The adoption of personalized medicine is becoming more prominent.
• The development of portable and miniaturized SPR systems along with the integration of artificial intelligence for data analysis is a key emerging trend.

Who Are the Top Competitors & Leading Players in the Surface Plasmon Resonance Market?

Major players in the surface plasmon resonance market are:

• GE HealthCare Technologies Inc.
• Sartorius AG
• Cytiva
• Bio-Rad Laboratories Inc.
• Bruker Corporation
• HORIBA Ltd.
• Quanterix Corporation
• Jubilant Biosys Limited
• Quantum Design Inc.
• Reichert Inc.
• NanoSPR Devices
• Creative BioMart Inc.
• Biocompare
• Carterra Inc.
• NICOYA AB
• Biosensing Instrument Inc.
• Plexera LLC
• Insplorion AB
• BioNavis Ltd.
• Affinité Instruments
• IBIS Technologies B.V.
• Bioptix Inc.

Regional Dominance: Which Area Leads the Global Template Market?

North America was the largest region in the surface plasmon resonance market in 2024