BANGALORE, India, Nov. 25, 2020 /PRNewswire/ -- The Cell Analysis Market is Segmented by Product( Cell Counters, Cell Microarrays, Flow Cytometry Products, High-Content Screening Systems, Microscopes, QPCR Products, and Spectrophotometers. ), by Process ( Cell Counting & Quality Control, Cell Identification, Cell Interaction, Cell Proliferation, Cell Signaling Pathway/Signal Transduction, Cell Structure Study, Cell Viability, Single-Cell Analysis, and Target Identification & Validation), by End-Users (Cell Culture Collection Repositories, Hospitals & Diagnostic Laboratories, Pharmaceutical & Biotechnology Companies, Research Institutes, and Contract Research Organizations.). This report is published on Valuates Reports in the Pharmaceuticals & Biotech Category. It also covers Global & Regional Opportunity Analysis and Industry Forecast to 2025.
The Global Cell Analysis Market size is expected to grow from USD 14,662.46 Million in 2019 to USD 22,900.64 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 7.71%.
Major factors driving cell analysis market size are ongoing technological advancements, increasing government funding for cell-based research and the rising incidence of chronic and infectious diseases.
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TRENDS INFLUENCING THE CELL ANALYSIS MARKET SIZE
Recent advances in the OMIC method in terms of technology, precision, size, and timelines have made it possible to comprehensively study the transcriptome and genome at the individual cellular level. Also, technical developments in single-cell manipulation and amplification techniques have led to the launch of high-throughput assay technologies, thereby driving cell analysis market size growth.
Growing incidences of chronic diseases and other health conditions are fueling the cell analysis market size. In order to provide easy and private care procedures, people demand personalized medication, stimulating the growth of the market. The growing geriatric population is also an attribute that drives the cell analysis market size.
Furthermore, raising awareness among individuals about the diagnosis and treatment procedures coupled with increasing healthcare expenditure, especially in urban areas, is expected to propel the cell analysis market size during the forecast period.
Increased government spending in the life sciences field and the rapid growth of biopharmaceutical and biotechnology companies are expected to further fuel the cell analysis market size.
The high cost of cell analysis tools and a lack of trained professionals are expected to hamper the industry's growth.
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CELL ANALYSIS MARKET SHARE ANALYSIS
North America is expected to hold the largest cell analysis market share during the forecast period. The dominance of North America is attributed to the existence of a favorable business climate, increased government funding through grants, an increasing number of research activities, an increasing number of drug discovery initiatives by pharmaceutical & biotechnology companies in the US and the strong presence of key players in this region.
The Asia Pacific is expected to witness the highest growth during the forecast period. The presence of a large patient population (particularly in China and India), increased R&D investment and growth in the outsourcing of drug discovery services to Asian CROs are key factors driving the growth of cell analysis market size in the Asia-Pacific region.
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CELL ANALYSIS MARKET SEGMENTS
Based on Product, the Cell Analysis Market studied across
- Cell Counters,
- Cell Microarrays,
- Flow Cytometry Products,
- High-Content Screening Systems,
- Microscopes,
- QPCR Products, and
- Spectrophotometers.
Based on Process, the Cell Analysis Market studied across
- Cell Counting & Quality Control,
- Cell Identification,
- Cell Interaction,
- Cell Proliferation,
- Cell Signaling Pathway/Signal Transduction,
- Cell Structure Study,
- Cell Viability,
- Single-Cell Analysis, and
- Target Identification & Validation.
Based on End User, the Cell Analysis Market studied across
- Cell Culture Collection Repositories,
- Hospitals & Diagnostic Laboratories,
- Pharmaceutical & Biotechnology Companies,
- Research Institutes, and
- Contract Research Organizations.
Who are the Major Vendors in the Global Cell Analysis Market?
Agilent Technologies Inc, Becton, Dickinson and Company, Bio-Rad Laboratories Inc, BioStatus Limited, Carl Zeiss AG, Danaher Corporation, GE Healthcare, Merck KGaA, Miltenyi Biotec, Olympus Corporation, PerkinElmer, Inc, Promega Corporation, Sysmex Corporation, Tecan Trading AG, and Thermo Fisher Scientific.
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