Oxidative Stress Assay Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Oxidative Stress Assay Market Analysis

The Oxidative Stress Assay Market is projected to register a CAGR of 9% during the forecast period (2022-2027).

Amidst COVID-19, the oxidative stress assay market is expected to grow due to the increasing investment in research and development activities across the globe. According to the article titled "Metabolic Implications of Oxidative Stress and Inflammatory Process in SARS-CoV-2 Pathogenesis: Therapeutic Potential of Natural Antioxidants" published in May 2021, oxidative stress and inflammation are intertwined processes that play a vital role in disease progression and response to therapy via interference with multiple signaling pathways. The redox status of a host cell is an important factor in viral entry due to the unique conditions required for the conformational changes that ensure the binding and entry of a virus into the host cell. Such studies demonstrate how oxidative stress assays can be useful in finding COVID-19 progression and may propel the growth of the market over the coming years.

The rapid growth in the biopharmaceutical and biotechnology industries and the increase in chronic disorders are among the major factors expected to drive the growth of the oxidative stress assay market. According to the Center for Disease Control and Prevention (CDC) May 2022 update, six in ten adults in the United States have a chronic disease, and four in ten adults have two or more. Such a high prevalence of chronic diseases increased the demand for oxidative stress assays owing to the increased efficacy and precision of the results as chronic disorders result in an imbalance in oxidant and antioxidant levels.

Additionally, the increasing research studies to widen the application of the oxidative stress assay in different diseases is also propelling the growth of the market. For instance, the article titled "Targeting Reactive Oxygen Species Capacity of Tumor Cells with Repurposed Drug as an Anticancer Therapy" published in September 2021 reported that as concentrations increased, Reactive Oxygen Species (ROS) paradoxically influenced cancer development, either triggering tumorigenesis or supporting the proliferation of cancer cells at moderate levels of ROS or causing cancer cell death at high levels of ROS. Thus, ROS can be considered an attractive target for the therapy of cancer. It also reported that the use of ROS-based repurposed drugs may be one of the promising ways to overcome current cancer treatment challenges. Such research studies could lead to the development of new products and increasing applications in cancer diagnostics and therapeutics and hence may drive the growth of the market in the near future.

Therefore, due to the aforesaid factors, the market is expected to project growth over the forecast period. However, the high cost of equipment and the lack of trained personnel to handle the equipment may hamper the market's growth.

Oxidative Stress Assay Market Trends

This section covers the major market trends shaping the Oxidative Stress Assay Market according to our research experts:

The Pharmaceutical and Biotechnology Industries Segment is Expected to Hold a Major Market Share in the Oxidative Stress Assay Market.

Oxidative Stress Assay Industry Segmentation

As per the scope of this report, Oxidative Stress Assay is a type of assay which is used to identify and screen the level of oxidative stress markers and reagents in cells. The Oxidative Stress Assay Market is segmented by Product (Instrument, Consumables, And Services), Test Type (Indirect Assays, Antioxidant Capacity Assays, Enzyme Based Assays and Reactive Oxygen Species Based Assays), Technology Type (Enzyme-Linked Immunosorbent Assay(Elisa), Flow Cytometry, Chromatography, Microscopy and Others), Disease Type (Cardiovascular Disease, Chronic Obstructive Pulmonary Disease(COPD), Cancer), End User (Pharmaceutical And Biotechnology Industries, Academic Research Institutes And Clinical Research Organizations) and Geography (North America, Europe, Asia-Pacific, Middle East And Africa, And South America). The report also covers the estimated market sizes and trends of 17 countries across major regions globally. The report offers values in USD million for the above segments.