Albany, NY -- (SBWIRE) -- 11/15/2017 -- The global high content screening (HCS) software and services market is envisioned to harvest large growth opportunities in the near future with the elevating demand for cell-based imaging alongside a high focus on complex morphological, cell structure, and cell aggregation analysis. The snowballing need to formulate new drug molecules and technological developments such as automated screening systems for cell stability and separation analysis could bring in ample of new prospects in the market.
Buyers of this report are prognosticated to receive a competent help in devising aggressive strategies for a reliable growth in the global HCS software and services market. Important aspects of the market such as competitive landscape, trends and opportunities, growth drivers and restraints, projected scores, and segmentation are elaborately shed light upon in the report.
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The world HCS software and services market is prophesied to gain a strong momentum from technological advancements and budding application areas such as stem cell biology. The healthy adoption of the HCS technology in high-throughput screening (HTS) laboratories could spur the expansion of the market. Companies could expect growth in the market with the rise in venture capital investments.
However, high instrumentation costs are envisaged to hamper the adoption of HCS software and services. Nevertheless, factors such as the advent of novel image analysis instruments and hefty demand for effective purification protocols and advanced screening systems could bode well for the HCS software and services market. Moreover, there could be favorable prospects birthing on the back of the development of sophisticated informatics solutions and demand for cutting-edge cell analysis technologies. The rising government support to perform cell-based researches is also projected to open up new avenues in the market.
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According to the analysis of the publication, the international HCS software and services market could be segmented into HCS services and HCS software by product. As marked by the analysts, HCS services are anticipated to take control of a gigantic share in the market by the end of 2022. This market could rise at a 6.6% CAGR between 2017 and 2022.
By industry, bio, educational institutions, government organizations, independent contract research organizations (CROs), and pharmaceutical and healthcare are predicted to be key classifications of the international HCS software and services market.
By application, the international HCS software and services market could be segregated into compound profiling, primary and secondary screening, target identification and validation, and toxicity studies.
By region, North America, the Middle East and Africa (MEA), Latin America, Europe, and Asia Pacific except Japan (APEJ) and Japan could offer crucial opportunities in the international HCS software and services market.
Global HCS Software and Services Market: Competition
Some of the important players of the worldwide HCS software and services market are expected to be Thermo Fisher Scientific, Inc., General Electric Company, Becton, Dickinson & Company, PerkinElmer, Inc., Olympus Corporation, Merck & Co., Inc., Danaher Corporation, Thorlabs, Inc., Sysmex Corporation, and Yokogawa Electric Corporation.
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