Global Cell-based Assays Market By Product and Service (Consumables, Instruments, Services, Software), By Application (Drug Discovery, Basic Research, Adme Studies, Predictive Toxicology), By End User (Pharmaceutical & Biotechnology Companies, Academic & Government Institutions, CRO), By Geography – Industry Trends and Forecast to 2024.
Pune, India -- (SBWIRE) -- 04/11/2018 -- Cell-based Assays Market Full report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Cell-based Assays Market accounted to USD 12.27 billion in 2016 growing at a CAGR of 8.43% during the forecast period of 2018 to 2025.
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Cell based assays are used to measure practically of cellular or biochemical functions. It refers to technique of analysis of living cell on the basis of different parameters. In cell based assays functional cells are used as diagnostic tools in research for new drugs.
Major Market Drivers and Restraints:
- Increasing research activities in drug discovery
- Technological advancement in the assays
- Rise in demand for biological drugs
- Rising need for toxicity screening in drugs
- Rising incidence of chronic diseases
- Government expenditure for research
- High price of instruments
- Stringent regulations for reagent use
Market Segmentation:
The cell-based assays market is segmented by product and services into consumables, instruments, services and software. Consumables are sub segmented into reagents, assay kits, microplates, cell lines, probes& labels and others. Assay kits are further sub segmented into reporter gene assays, cell growth assays, second messenger assays, cell death assays and others. Cell lines are further sub segmented into immortalized cell lines, primary cell lines and stem cell lines.
On the basis of application the market is segmented into drug discovery, basic research, adme studies and predictive toxicology.
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By end user the market is segmented into pharmaceutical & biotechnology companies, academic & government institutions and contract research organizations (CRO).
On the basis of geography, cell-based assays market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Competitive Analysis:
The cell-based assays market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cell-based assays market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors:
- Thermo Fisher Scientific Inc.,
- BD,
- Danaher,
- General Electric Company,
- Charles River Laboratories Inc.,
- Lonza,
- Eppendorf AG,
- Agilent Technologies,
- Bruker,
- Stryker,
- Quest Diagnostics,
- Bio-Rad Laboratories Inc.,
- Illumina Inc.,
- 10x Genomics,
- Abcam plc,
- QIAGEN,
- Promega Corporation,
- Merck KGaA,
- Sysmex,
- FLUIDIGM,
- Cell Signaling Technology Inc.,
- DiscoverX Corporation,
- Cisbio,
- Cell Biolabs Inc.,
- BioTek Instruments Inc.,
- SGS SA,
- Selexis SA,
- Cambridge Biomedical Inc.,
- BioAgilytix Labs. and
- Fluofarma among others.
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