Global Cell-based Assay Market Size study, by Product (Consumables, Instruments, Services), by Application (Drug Discovery, Basic Research, Other Applications), by End-User (Pharmaceutical & Biotechnological Companies, Academic & Government Institutes, Contract Research Organizations) and Regional Forecasts 2019-2026
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Product Code:
RP-ID-10265693 -
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 at USD 12.97 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 7.2% over the forecast period 2019-2026. Cell-based assay is a technique of analysis of cells based on distinct parameters. Cell-based assays include a range of assays that determine cellular parameters such as toxicity, production of markers, proliferation, motility, changes in morphology and activation of specific signaling pathways. It also facilitate research in the area of immunology, cancer, stem cell research and so on. These assays depend on reporter gene assays, that have high sensitivity due to signal amplification of cell-signaling cascades, and therefore are ideal for miniaturization. It is widely applicable in high-throughput screening (HTS) formats. Growing number of drug discovery activities, increasing research funding, rise in demand for biological drugs, and surging need for toxicity screening in drugs are the few factors responsible for market growth over the forecast period. For instance, as per the India Brand Equity Foundation 2018, the Indian Government is planning to invest around $640 billion fund for enhancing the drug discovery activities and pharmaceutical infrastructure. The initiative ‘Pharma Vision 2020’ of Indian Government would aim to make India as a major hub for drug discovery all over the world. However, the high cost of instruments, lack of skilled professionals and restrictions on reagent use are the major factors that impedes the growth of the market.
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 growing government initiatives and funding in cancer research, rise in adoption of cell-based assays platform and large number of pharmaceutical and biotechnology companies in the region. However, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period due to the surging number of cancer cases, rising number of investments in healthcare services, and increasing assay applications across the 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:
Consumables
Instruments
Services
By Application:
Drug Discovery
Basic Research
Other Applications
End-User:
Pharmaceutical & Biotechnological 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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Becton, Dickinson and Company
GE Healthcare
Merck KgaA
Lonza Group Ltd.
Perkinelmer, Inc.
Charles River Laboratories, Inc.
Cell Signaling Technology, Inc.
Promega Corporation