Global Cell-based Assay Market Size study, by Product & Service (Consumables, Instruments and Services), Application (Drug Discovery, Basic Research and Other Applications), End-user (Pharmaceutical & Biotechnology Companies, Academic & Government Institutes and Contract Research Organizations) and Regional Forecasts 2019-2026
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Product Code:
RP-ID-10094842 -
Published Date:
21 Oct 2022 -
Region:
Global
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Pages:
200 -
Category:
Healthcare & Pharmaceuticals -
Publisher:
Pub-ID-14
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
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Global Cell-based Assay Market is valued approximately USD 13.10 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 6.30% over the forecast period 2019-2026. Cell based assay refers to a technique of analysis of living cell on the basis of various parameters. In cell-based assays, functional cells are used as diagnostic tools in research for new drugs. Also, cell-based assays help to measure cell motility, proliferations and facilitate research in the area of stem cells, immunology, cancer and others. Further, rising prevalence of chronic diseases and lifestyle disorders and rising adoption of high-throughput screening methods have led to the adoption of Cell-based Assay across the forecast period. According to fight chronic disease organization in 2015, in US 133 million deaths are caused and disability due to chronic diseases. It is estimated that 45% Americans populations are suffering from at least one chronic disease. Also, with the increasing investments in research and development for drug discovery, the adoption & demand for Cell-based Assay is likely to increase. However, high maintenance and operational costs impedes the growth of the market over the forecast period of 2019-2026.
The regional analysis of global Cell-based Assay market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the well-established healthcare sector along with the high adoption of cell-based therapies. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as technological advancement, rise in investments in R&D includes life science research and drug discover outsourcing would create lucrative growth prospects for the Cell-based Assay market across Asia-Pacific region.
Major market player included in this report are:
Thermo Fisher Scientific Inc.
Danaher Corporation
Becton, Dickinson and Company
GE Healthcare
Merck KGaA
Lonza Group Ltd.
Perkinelmer, Inc.
Charles River Laboratories, Inc.
Cell Signaling Technology, Inc.
Promega Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product & Services:
Consumables
Instruments
Services
By Application:
Drug Discovery
Basic Research
Other Applications
By End-user:
Pharmaceutical & Biotechnology Companies
Academic & Government Institutes
Contract Research Organizations
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Cell-based Assay Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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Danaher Corporation
Becton, Dickinson and Company
GE Healthcare
Merck KGaA
Lonza Group Ltd.
Perkinelmer, Inc.
Charles River Laboratories, Inc.
Cell Signaling Technology, Inc.
Promega Corporation