Cell Based Assay Market by Type of Product (Cell Lines (Primary Cell Lines, Stem Cell Lines and Immortalized Cell Lines)
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(EMAILWIRE.COM, June 05, 2018 ) The Global Cell Based Assay Market was worth USD 10.5 billion in 2016 and estimated to be growing at a CAGR of 11.2%, to reach USD 17.85 billion by 2021. Cell based assays are majorly used by biotechnology companies, academic research institutes, contract research organizations government institutions, pharmaceutical companies and others.
Cell based assay is a technique of examining living cell on the basis of diverse parameters. Cell based assays are used to determine virtually functions of cellular or biochemical processes. In cell based assays, functional cells are used as analytical tools in research for novel drugs. Cell based assays ease research in the area of immunology, stem cells, cancer and others.
Growing research activities in drug discovery, technological development, increase in demand for biological drugs, government spending, increasing need for toxicity screening in drugs are likely to drive the market for cell based assays. Additionally, important advantages of cell based assay, innovation in technologically advanced products and need to decrease costs associated with drug discovery are anticipated to drive the market for cell based assays. However, short of skilled professionals, severe intellectual property rights and high cost of instruments are some of the factors restraining the growth for global cell based assays market.
The global cell based assay market is segmented on the basis of type of product into Cell Lines, Assay Ready Kits, Cell Culture Kits, Reagents & Consumables and Ligands & Inhibitors. Cell Lines segment is further divided into Primary Cell Lines, Stem Cell Lines and Immortalized Cell Lines. On the basis of technology, market is segregated into Automated Handling, Flow Cytometry, Label-Free Detection, High Content Screening and High Throughput Screening. Based on application market is bifurcated among Drug Discovery and ADME Research. By End User type, segmentation is among Academia, Biotechnology, Pharmaceuticals and CRO.
Based on geography the market is analysed under various regions namely, North America, Latin America, Europe, Asia-Pacific and Middle-East & Africa. North America, followed by Europe, has the biggest market for cell based assays due to rising drug related research & development activities, increase in adoption of cell based assay platforms and huge number of pharmaceutical and biotechnology companies in this region. Asia is expected to show high growth rate in the cell based assays market in next few years.
View sample: https://www.marketdataforecast.com/market-reports/global-cell-based-assay-market-2218/request-sample
The top leaders in cell-based assays market include Thermo Fisher Scientific Inc., Becton, Dickinson and Company, Merck & Co. Inc., Cell Signalling Technology Inc., PerkinElmer Inc., Danaher Corporation, General Electric Company, Cisbio Bioassays, DiscoveRx, Ametek Inc., Bio-Rad Laboratories, Roche Diagnostics, GE Healthcare and Promega Corporation.
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Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Contact Info:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
Cell based assay is a technique of examining living cell on the basis of diverse parameters. Cell based assays are used to determine virtually functions of cellular or biochemical processes. In cell based assays, functional cells are used as analytical tools in research for novel drugs. Cell based assays ease research in the area of immunology, stem cells, cancer and others.
Growing research activities in drug discovery, technological development, increase in demand for biological drugs, government spending, increasing need for toxicity screening in drugs are likely to drive the market for cell based assays. Additionally, important advantages of cell based assay, innovation in technologically advanced products and need to decrease costs associated with drug discovery are anticipated to drive the market for cell based assays. However, short of skilled professionals, severe intellectual property rights and high cost of instruments are some of the factors restraining the growth for global cell based assays market.
The global cell based assay market is segmented on the basis of type of product into Cell Lines, Assay Ready Kits, Cell Culture Kits, Reagents & Consumables and Ligands & Inhibitors. Cell Lines segment is further divided into Primary Cell Lines, Stem Cell Lines and Immortalized Cell Lines. On the basis of technology, market is segregated into Automated Handling, Flow Cytometry, Label-Free Detection, High Content Screening and High Throughput Screening. Based on application market is bifurcated among Drug Discovery and ADME Research. By End User type, segmentation is among Academia, Biotechnology, Pharmaceuticals and CRO.
Based on geography the market is analysed under various regions namely, North America, Latin America, Europe, Asia-Pacific and Middle-East & Africa. North America, followed by Europe, has the biggest market for cell based assays due to rising drug related research & development activities, increase in adoption of cell based assay platforms and huge number of pharmaceutical and biotechnology companies in this region. Asia is expected to show high growth rate in the cell based assays market in next few years.
View sample: https://www.marketdataforecast.com/market-reports/global-cell-based-assay-market-2218/request-sample
The top leaders in cell-based assays market include Thermo Fisher Scientific Inc., Becton, Dickinson and Company, Merck & Co. Inc., Cell Signalling Technology Inc., PerkinElmer Inc., Danaher Corporation, General Electric Company, Cisbio Bioassays, DiscoveRx, Ametek Inc., Bio-Rad Laboratories, Roche Diagnostics, GE Healthcare and Promega Corporation.
About MarketDataForecast™-
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Contact Info:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
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Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results