Market Challenges And Opportunities

Global Circular Dichroism Spectrometer Market - Dynamics

Market players are focused on the development and launch of advanced circular dichroism spectrometer, which is expected to boost the market growth over the forecast period. For instance, on July 21, 2020, JASCO Corporation launched High Throughput Circular Dichroism (HTCD) Plus in which a modified high-throughput screening workstation has been incorporated. HTCD Plus allows auto sampling and also automatically measures upto 192 samples or 120 sample vials, which enhances the research in vaccines development for various infectious diseases such as COVID - 19.

Moreover, market players are conducting online webinars, in order to spread awareness about the product and to strengthen their presence in the potential market. For instance, on May 26, 2020, Applied Photophysics Ltd. conducted an online webinar and showcased the working and application of its Chirascan Circular Dichroism spectrometers for understanding the secondary and tertiary structure of the proteins.

Furthermore, increasing research and development activities using circular dichroism spectroscopy is expected to boost growth of the circular dichroism spectrometer market over the forecast period. For instance, on March 2, 2020, Cold Spring Harbor Laboratory, a non-profit institution, used J-1500, a circular dichroism spectrometer, for finding the relationship between the coronavirus spike S1 protein receptor binding domain (SARS-CoV-2 S1 RBD) and heparin. Thus, the research can form the basis of finding new treatment for the coronavirus.

Moreover, advantages offered by the circular dichroism spectrophotometer over other conventional spectrometers is a major factor that is expected to drive the market growth. In case of circular dichroism, very little sample is required for the measurement and quantification, sample is not damaged, and the relative changes that occur during the measurement of the protein sample due to the influence of the environment can be very accurately monitored.