The ion indicator refers to the display, which changes color clearly in the presence of certain metal ions. With the ions present in the solution, a weak complex is formed, which has a considerably different color from the form-existing outside the complex. Some products of ion indicators include membrane potential indicators, zinc indicators, potassium indicators, chloride indicators, calcium indicators, PH indicators and others.
As per analysis, “Global Ion Indicators Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)” some of the key companies that are presently operating in the global ion indicators market include Genecopoeia, Thermo Fisher Scientific, Abcam, TEFLabs, Applied BioProbes and among others. Several prominent players operating in the global Ion Indicator Market are focused on expanding their businesses in emerging regions. In addition, companies in the global ionic indicator market are planning strategies to innovate the products and expand their product portfolios through investments, mergers and acquisitions.
By type, ion indicators market can be bifurcated as sodium ion probe, calcium indicators, chloride ion probe and potassium ion probe. The calcium indicators are special sort of fluorescent molecules that react to the binding of calcium (Ca2 +) ions by changing their fluorescent properties. Ca2 + ions take part in various cellular processes and are easily detectable. In addition, by application, market can be bifurcated as diagnostics centers, ambulatory surgical centers, hospitals and clinics.
The ion indicators market is mainly driven by rise in use for detection of presence of ion, followed by growth in technology advancements. Apart from this, availability of substitutes is a major restraining factor for market. Additionally, increase in use of ion indicator in emerging regions is a leading opportunity for market. Moreover, growth in penetration of technology in biotechnology is a key trend for global market. Furthermore, error in the detection of ion presence is a largest challenge for market.
However, in light of the recent Corona-virus (COVID-19) outbreak, many industries have been temporarily suspended or operating with a minimal workforce due to forced closings and restrictions imposed by their governing bodies. The global market for ion indicators is no different and this factor is expected to have a considerably negative impact on revenue growth of the industry. In addition, the high costs associated with installing and maintaining these machines are also a factor that may hamper the sales growth of the Global Ion Indicators Market over this forecast period.
By geographic analysis, the North-America is leading region in global ion indicators market owing to higher drug consumption and growth in technological advancements across the region. The Asia-Pacific and Europe regions are estimated to witness higher growth rate because of growth in patient population and reforms in law enforcement and workplace testing in India and China. It is projected that future of the global ion indicators market will be bright as a result of vast research being carried out at genomic level during the forecast period.
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Global Ion Indicators Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025
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