Global Cell Analysis Market is valued USD 21.54 billion in 2017 is anticipated to grow USD 37.00 billion with the compounded annual growth of 7.07% over the forecast period 2018-2025.
New York 16 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Cell Analysis market industry is poised to raise USD 37.00 billion by 2025. The Corporate & Government Funding for cell-based research, Surging Healthcare Industry & Medical Spending, Escalating Incidence of Infectious & Chronic diseases, Rising prevalence of cancer and Introduction of Technologically Advanced Products are the major factors which are driving in the growth of the Global Cell Analysis Market. However, Time consuming & complex regulatory guidelines framed by various central governments, High cost associated with cell analysis systems along with rational property rights raises concerns for innovations in assay kits. The Cell analysis market is mainly dominated by North America region which includes the countries such as United States and Canada as there is high prevalence rate of cancer and infectious diseases both prevalent in the male and female population in which United states holds a majority of the share along with due to presence of many multinational organizations which are focusing towards the development and innovation of cell analysis.
According to Canadian Cancer society, An estimated of around 206200 new cases of cancer and around 80800 deaths are caused from cancer would occur in Canada in the year 2017. Cancer is key cause of death considering the male and female population in Canada which is responsible for 30% of all deaths in the country. Moreover,
According to Canadian Cancer society, it is estimated that around 103100 Canadian male population would be diagnosed with Cancer & around 42600 male population would die from cancer that constantly augments the demand and growth of cell analysis in the North America region. Furthermore, Asia-Pacific is estimated to grow with highest CAGR during the forecasted period owing to escalating investments made by the central governments in the life science sector which focuses on research & development activities along with surging biotechnology and biopharmaceutical sector in the countries such as India, China and Japan. For example: The (GHI Fund) Global health innovative fund which is a public-private partnership focusing upon Japanese research & development considering research associated to chronic & infectious diseases. It provides funds to many partnerships between the Japan & foreign based organizations that consists various pharmaceutical companies, product development partnerships and academic & research institutions.
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Global Cell Analysis Market Size study, by Process (Single Cell Analysis, Cell Proliferation, Cell Counting and Quality Control, Cell Interaction), by Product (Instrument & Consumables) & by End user (Pharmaceutical, Hospital, CRO, Biotechnology) – and by Regional Forecasts.
The industry is seeming to be fairly competitive. Some of the leading market players include Becton, Dickinson and Company, Thermo Fisher Scientific Inc, Merck KGAA, Agilent Technologies Inc, Danaher Corporation, GE Healthcare, PerkinElmer Inc, Tecan Group Ltd, Promega Corporation and Olympus Corporation and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- The North American region accounted for the significant market share, more than XX% of the total market in 2016.
- The Asia Pacific region will be the highest growing segment with respect to geographical segmentation, the region is likely to grow by XX% CAGR over the forecast period 2018-2025
Bizwit Research & Consulting LLPhas considered following segments for the study:
- Flow Cytometry
- Cell Counters
- Cell Microarrays
- (HCS) High-content Screening Systems
- Cell Identification
- Cell Viability
- Cell Signalling Pathways/ Signal Transduction
- Cell Proliferation
- Cell Counting and Quality control
- Cell Interaction
- Cell Structure Study
- Target Identification and Validation
- Single-cell Analysis
- Hospitals and Academic & Research Institutes
- Cell Culture Collection Responsibilities
- Other End users
- North America
- Asia Pacific
- Latin America
- Rest of the World