Surface Plasmon Resonance Market, by Product Type and Application, Biosensors, (Food Safety, Environmental Safety, Cancer, DNA, Nanosafety) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
Surface Plasmon Resonance Market is estimated to be valued at USD 1,107.0 Mn in 2025 and is expected to reach USD 1,720.3 Mn in 2032, exhibiting a compound annual growth rate (CAGR) of 6.5% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 1,107.0 Mn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
6.50%
2032 Value Projection:
USD 1,720.3 Mn
Surface Plasmon Resonance (SPR) is an optical technique used for real time, label free detection of molecular interactions between mobile molecules with molecule immobilized on a thin metal film. Surface plasmon systems are used in pharmaceutical industry for drug discovery, and quality control. The identification of the molecule is based upon the interaction specificity of the molecule attached on the surface. Surface plasmon resonance helps in determining the specificity, affinity, and kinetic properties of the molecule. This generates electron charge density waves called plasmons, reducing the intensity of reflected light at a specific angle known as the resonance angle, in proportion to the mass on a sensor surface. Biacore Surface Plasmon Resonance (SPR) systems are used primarily in pharmaceutical development, quality control, and basic life science research. Based on the physical mechanism and the peculiar properties of Surface Plasmon Resonance (SPR), emonstrate the major applications of SPPs, such as waveguides, sources, near-field optics, surface-enhanced Raman spectroscopy, data storage, solar cells, chemical sensors and biosensors.
Surface plasmon resonance technology is useful to monitor biomolecular binding interactions in real-time. It has several advantages over other techniques such as real-time monitoring, label-free detection, small sample size requirement, reusable sensor chips, use of complex samples, and shorter experimental runs. SPR enables the highly sensitive and label-free assessment of affinity, kinetics and thermodynamics for ligand target interactions. In the drug discovery process, appropriate use of biophysical instrumentation can help advance hits earlier and more efficiently.
Market Dynamics
Increasing adoption of inorganic growth strategies, such as increasing product launch of surface plasmon resonance in the field of drug discovery by key players in the market to expand their product portfolio, is expected to drive the market growth over the forecast period. For instance, in Biosensing Instrument Inc. is a life science company that designs award winning label-free molecular interaction instruments using the SPR technology has introduced the Surface plasmon resonance Microscopy system, which is available commercially for interactions research. This move has redefined the use of surface plasmon resonance technology nad provides kinetic studies with single instrument.
Key features of the study
his report provides in-depth analysis of the Surface Plasmon Resonance Market and provides market size (USD Million) and compound annual growth rate (CAGR 6.5%) for the forecast period 2025-2032, considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by key players
It profiles key players in the global Surface Plasmon Resonance market based on the following parameters - company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
Key companies covered as a part of this study include, Bio-Rad Laboratories, Inc., Carterra Inc., General Electric Co., AMETEK, Inc., Bristol Myers Squibb, Horiba, Ltd., Bruker, and Biosensing Instrument Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
The global Surface Plasmon Resonance market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Surface Plasmon Resonance market
Market Segmentation
Global Surface Plasmon Resonance Market, By Product Type
Imaging System
Sensor System
Reagents
Global Surface Plasmon Resonance Market, By Application
Drug Discovery
Drug Formulation
Controlled Drug Release
Drug-cell Interactions
Material Science
New Material and Coatings
Process Optimization
Biosensors
Food Safety
Environmental Safety
Cancer
DNA
Nanosafety
Global Surface Plasmon Resonance Market, By Region
North America
U.S.
Canada
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
GCC Countries
Israel
Rest of Middle East
Africa
South Africa
North Africa
Central Africa
Company Profiles
Bio-Rad Laboratories, Inc.
Carterra Inc.
AMETEK, Inc.
Bristol Myers Squibb
Horiba, Ltd.
Bruker
Biosensing Instrument Inc.
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Product Type
Market Snapshot, By Application
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Impact Analysis
Key Highlights
Product Launch
Technological Advancements
PEST Analysis
Regulatory Scenario
Mergers and Acquisitions
4. Global Surface Plasmon Resonance Market, By Product Type, 2020 - 2032, (US$ Million)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Imaging Systems
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Million)
Sensor System
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Million)
Reagents
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Million)
5. Global Surface Plasmon Resonance Market, By Application, 2020 - 2032, (US$ Million)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Drug Discovery
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Million)
Drug Formulation
Controlled Drug Release
Drug-cell Interactions
Material Science
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Million)
New Material and Coatings
Process Optimization
Biosensors
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Million)
Food Safety
Environmental Safety
Cancer
DNA
Nanosafety
6. Global Surface Plasmon Resonance Market, By Region, 2020 - 2032, (US$ Million)
Introduction
Market Share Analysis, By Region, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For Regions, 2021-2032
Regional Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type , 2020 - 2032, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2032, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (US$ Million)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type , 2020 - 2032, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2032, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (US$ Million)
Brazil
Mexico
Argentina
Rest of Latin America
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type , 2020 - 2032, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2032, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (US$ Million)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type , 2020 - 2032, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2032, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (US$ Million)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type , 2020 - 2032, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2032, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (US$ Million)
GCC
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type , 2020 - 2032, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020 - 2032, (US$ Million)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2020 - 2032, (US$ Million)