Global Live Cell Imaging Market to Reach $4.3 Billion by 2028: Growing Adoption of High-Content Screening Techniques in Drug Discovery Fuels the Sector

DUBLIN, July 10, 2023 /PRNewswire/ -- The "Live Cell Imaging Market by Product (Instruments, Consumables, Software, Services), Application (Cell Biology, Stem Cells, Drug Discovery), Technology (Time-lapse Microscopy, FRET, FRAP, HCS), End User (Pharma, Biotech, CROs) - Global Forecast to 2028" report has been added to  ResearchAndMarkets.com's offering.

The global live cell imaging market is projected to reach USD 4.3 billion by 2028 from USD 2.7 billion in 2023, at a CAGR of 10.2% during the forecast period of 2023 to 2028.

The consumables segment accounted for the second-largest share by product & service during the forecast period

In 2022, the consumables segment accounted for the second-largest share by product & service in the global live cell imaging market. Consumables include a range of products that are used in the imaging and analysis of live cells.

These consumables play an important role in the live cell imaging workflow, as they are essential for sample preparation, maintenance, and analysis. Consumables used in live cell imaging include reagents, media, assay kits, and other consumables such as microplates, slides, Petri dishes, coverslips, and culture chambers.

Consumables are typically disposable and need to be replenished regularly, making them an important recurring revenue stream for manufacturers. Consumables are an integral part of live cell imaging, and growth in this segment is mainly driven by the increasing demand for advanced imaging technologies and the growing adoption of live cell analysis in various research applications.

Europe: The second largest region in the live cell imaging market

Europe accounted for the second-largest market for live cell imaging after North America. The European live cell imaging market has witnessed significant growth in recent years, driven by various factors that have propelled its expansion. Europe is at the forefront of developing and adopting emerging technologies in the field of live cell imaging.

This includes advancements in super-resolution microscopy, high-throughput imaging, single-cell imaging, and multi-modal imaging approaches. The adoption of these innovative technologies accelerates the progress of live cell imaging research and expands its applications.

Additionally, Europe offers comprehensive training and education programs in live cell imaging techniques. Universities, research institutes, and organizations provide specialized courses, workshops, and conferences to enhance the knowledge and skills of scientists and researchers. The availability of training programs promotes the adoption and utilization of live cell imaging technologies in Europe.

Premium Insights

• Growing Adoption of High-Content Screening Techniques in Drug Discovery to Drive Market Growth
• Instruments Dominated North American Live Cell Imaging Market in 2022
• Instruments to Continue to Dominate Market by 2028
• Pharmaceutical & Biotechnology Companies Accounted for Largest Market Share in 2022
• Asia-Pacific to Register Highest Growth Rate in Market from 2023 to 2028

Market Dynamics

Drivers

• Growing Adoption of High-Content Screening Techniques in Drug Discovery
• Rising Incidence of Cancer
• Growing Availability of Research Funds

Restraints

• High Cost of High-Content Screening Systems

Opportunities

• Increasing Adoption of Live Cell Imaging Technologies in Emerging Economies
• Applications of Hcs in Personalized Medicine

Challenges

• Maintaining Cell Viability and Cellular Environment in Cell Cultures
• Image Analysis and Data Management

Companies Mentioned

• Abberior
• Agilent Technologies, Inc.
• Aligned Genetics, Inc.
• Becton, Dickinson and Company
• Bio-Rad Laboratories, Inc.
• Blue-Ray Biotech Corp.
• Bruker Corporation
• Corning Incorporated
• Cytena GmbH
• Cytoskeleton, Inc.
• Cytosmart Technologies
• Danaher
• Etaluma, Inc.
• GE Healthcare
• Keyence Corporation
• Merck KGaA
• Nanoentek Inc.
• Nanolive Sa
• Nikon Corporation
• Olympus Corporation
• Perkinelmer Inc.
• Phase Holographic Imaging Phi Ab
• Sartorius Ag
• Thermo Fisher Scientific, Inc.
• Zeiss Group

For more information about this report visit https://www.researchandmarkets.com/r/6rg7km

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