According to the latest report by IMARC Group, titled “Cell-based Assay Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the global cell-based assay market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global cell-based assay market size reached a value of US$ 18.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 31.4 Billion by 2027, exhibiting at a CAGR of 8.78% during 2022-2027. A cell-based assay refers to an analytical method used to determine the concentration of a substance by observing its effects on tissues or living organisms. Unlike biochemical assay, it studies intact or fixed cells instead of quantifying cell lysate. A cell-based assay is extensively utilized in subcellular localization, monitoring environmental pollutants, measuring proliferation, testing cytotoxicity, etc. In addition to this, it is also used to evaluate a vast array of biochemical, functional, and biological effects, such as gene activation, cell signaling, cell proliferation, antibody-dependent cellular cytotoxicity (ADCC), complement-dependent cytotoxicity (CDC), apoptosis, necrosis, etc.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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The growing prevalence of various chronic diseases, including diabetes, arthritis, cancer, etc., is primarily driving the cell-based assay market. Additionally, the rising utilization of this method for the production of a particular cellular product and cellular morphology is further catalyzing the market growth. Besides this, the widespread adoption of the cell-based assay for high throughput screening methods, including toxicity studies, drug screening, in vitro testing, etc., on account of the numerous technological advancements, is acting as another significant growth-inducing factor. Moreover, the introduction of 3D cell-based assays is positively influencing the global market. Apart from this, the leading manufacturers are continually engaging in R&D activities to develop safer drugs using this technique, which is anticipated to fuel the cell-based assay market over the forecasted period.
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By IMARC group the report has also analyzed the competitive landscape of the market with some of the top cell-based assay companies being
Some of these key players include:
- Becton Dickinson and Company
- GE Healthcare Biopharma (Danaher Corporation)
- Thermo Fisher Scientific Inc.
- Merck Group
- Perkinelmer Inc.
- Charles River Laboratories Inc.
- Lonza Group Ltd.
- Cell Signaling Technology Inc.
- Promega Corporation
- Cell Biolabs Inc.
- Bio-Rad Laboratories Inc.
- Corning Inc.
- F. Hoffmann-La Roche AG (Roche Holding AG)
Key Market Segmentation:
Breakup by Product and Services:
- Reagents and Media
- Cells and Cell Lines
- Probes and Labels
- Microplate Readers
- High Throughput Screening
- Liquid Handling Systems
Breakup by Technology:
- Automated Handling
- Flow Cytometry
- Label-Free Detection
- High-Throughput Screening
Breakup by Application:
- Drug Discovery
- Basic Research
- ADME Studies
- Predictive Toxicology
Breakup by End-User:
- Pharmaceutical and Biotechnology Companies
- Academic and Government Institutions
- Contract Research Organizations
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
TOC for the Report:
- Scope and Methodology
- Executive Summary
- Global Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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