The latest report by IMARC Group, titled “Cell-based Assay Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global cell-based assay market reached a value of US$ 18.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 31.4 Billion by 2027, exhibiting at a CAGR of 8.78% during 2022-2027.
Cell-based Assay Market Overview:
Cell-based assay refers to the study of living cells based on their shape and size for pharmaceutical, biotechnological and biochemical applications. It involves extracting living cells from tissues, stem cells and blood samples for evaluating biochemical and functional effects of drug substances, gene activation and cell signaling. It is also utilized for the measurement of cell proliferation, motility, cytotoxicity and morphology that aids in the development of medicinal drugs and diagnosis of various diseases. As a result, it finds extensive applications for producing biologics, conducting cancer research and stem cell analysis using high-throughput screening (HTS) solutions.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Cell-based Assay Market Trends:
The global cell-based assay market is primarily driven by significant growth in the pharmaceutical industry. Moreover, the increasing prevalence of diabetes, cancer, neurological and cardiovascular disorders among the geriatric population is enhancing the requirement for cell-based assays for the analysis of various drug compounds. In addition, the widespread utilization of cell-based assays for the detection of coronavirus (Covid-19) infection in the body is providing a thrust to the market growth. Other factors, including significant improvements in the healthcare infrastructure, along with extensive research and development (R&D) activities in the field of biotechnology, are anticipated to drive the market toward growth.
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By IMARC group the report has also analyzed the competitive landscape of the market with some of the top cell-based assay companies being
Some of these key players include:
- Becton Dickinson and Company
- GE Healthcare Biopharma (Danaher Corporation)
- Thermo Fisher Scientific Inc.
- Merck Group
- Perkinelmer Inc.
- Charles River Laboratories Inc.
- Lonza Group Ltd.
- Cell Signaling Technology Inc.
- Promega Corporation
- Cell Biolabs Inc.
- Bio-Rad Laboratories Inc.
- Corning Inc.
- F. Hoffmann-La Roche AG (Roche Holding AG)
Key Market Segmentation Breakup by:
Product and Services:
- Reagents and Media
- Cells and Cell Lines
- Probes and Labels
- Microplate Readers
- High Throughput Screening
- Liquid Handling Systems
- Automated Handling
- Flow Cytometry
- Label-Free Detection
- High-Throughput Screening
- Drug Discovery
- Basic Research
- ADME Studies
- Predictive Toxicology
- Pharmaceutical and Biotechnology Companies
- Academic and Government Institutions
- Contract Research Organizations
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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