Cell-based Assay Market - Global Opportunity Analysis and Industry Forecast, 2017-2023
LONDON, Nov. 2, 2017 /PRNewswire/ -- Cell-based Assay Market by Product (Consumable, Instrument, Service, and Software), Application (Drug Discovery; Basic Research; Absorption, Distribution, Metabolism, & Excretion (ADME) Studies; Predictive Toxicology; and Others), and End User (Pharmaceutical & Biotechnology Companies, Academic & Government Research Institutes, Contract Research Organizations, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023
Download the full report: https://www.reportbuyer.com/product/5139397
Cell-based assays have the potential to deliver more information about intracellular molecular targets than conventional methods such as molecular manipulation and random screening. These assays are critical tools for studying cellular mechanisms in a biological context. A variety of cell-based assays are available in the market that cover applications such as cellular functions assessment, toxicity studies, and processes in biological research. The global cell-based assay market accounted for $3,625 million in 2016, and is anticipated to reach $10,618 million by 2023, registering a CAGR of 16.5% from 2017 to 2023.
Rise in adoption of high-throughput screening methods and surge in preference of cell-based assays boost the market growth. In addition, increase in availability of funds for R&D and innovation, and increase in drug delivery activity supplement the growth further. However, high costs associated with equipment and standardization concerns in cell-based assay methods impede the market growth. Furthermore, increase in adoption of label-free cell-based assays and the untapped emerging countries offer lucrative opportunities for market development.
The global cell-based assay market is segmented based on product, application, end user, and geography. Based on product, it is divided into consumable, instrument, service, and software. The consumables segment is further classified into reagents, microplates, probes & labels, assay kits, cell lines, and others. Assay kit segment includes reporter gene assays, cell growth assays, second messenger assays, cell death assays, and others. The cell line segment is divided into immortalized cell lines, primary cell lines, and stem cell lines. Based on application, the market is categorized into drug discovery; basic research; absorption, distribution, metabolism, & excretion (ADME) studies; predictive toxicology; and others. On the basis of end user, it is categorized into pharmaceutical & biotechnology companies, academic & government research institutes, contract research organizations, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The report provides a comprehensive analysis of the key players that operate in the global cell-based assay market.
KEY PLAYERS PROFILED
Becton, Dickinson and Company
Danaher Corporation
Thermo Fisher Scientific, Inc.
General Electric Company
Merck KGaA
Perkinelmer, Inc.
Bio-Rad Laboratories, Inc.
Lonza Group Ltd.
Cell Signaling Technology, Inc.
Promega Corporation
KEY MARKET BENEFITS
The study provides an in-depth analysis of the global cell-based assay market and the current trends and future estimations to elucidate the imminent investment pockets.
It presents quantitative analysis of the market from 2016 to 2023 to enable the stakeholders to capitalize on the prevailing market opportunities.
Extensive analysis of the market based on product assists to understand the trends in the industry.
Key players and their strategies are thoroughly analyzed to understand the competitive outlook of the industry.
KEY MARKET SEGMENTS
By Product
Consumable
Reagents
Microplates
Probes & Labels
Assay Kits
Reporter Gene Assays
Cell Growth Assays
Second Messenger Assays
Cell Death Assays
Others
Cell Lines
Immortalized Cell Lines
Primary Cell Lines
Stem Cell Lines
Other Consumables
Instrument
Service
Software
By Application
Drug Discovery
Basic Research
ADME Studies
Predictive Toxicology
Others
By End User
Pharmaceutical & Biotechnology Companies
Academic & Government Research Institutes
Contract Research Organizations
Others
By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Taiwan
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
The other players in the value chain include (profiles not included in the report):
Macrogen, Inc.
New England Biolabs, Inc.
Cisbio Bioassays
Cell Biolabs, Inc.
DiscoverX Corporation
Download the full report: https://www.reportbuyer.com/product/5139397
About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
https://www.reportbuyer.com
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +44 208 816 85 48
Website: www.reportbuyer.com
SOURCE ReportBuyer
Share this article