The Global Cell-Based Assay Market is estimated to value over USD 36 billion by 2033 and register a CAGR of over 8.6% during the forecast period 2025 to 2033.
The Global Cell-Based Assay Market is primarily driven by an increase in funding assigned for research and development, growing preference for cell-based assays, and an increase in drug discovery activities. Furthermore, the adoption of high-output screening methods boosts the market's growth.
Nonetheless, high instrument costs and restrictions on the usage of reagents are factors that can significantly impede market growth. Furthermore, a lack of skilled labour can restrict the cell based assays market growth.
The inception of innovative technologies like 3D cell-based assays, growing requirement for toxicity screening, advanced detection technologies and broadened cell-based assay applications are projected to provide new opportunities for the expansion of cell based assays market size globally.
Consumable Segment is Predicted to Stimulate the Market Growth Over the Forecast Period
The consumable segment holds the majority of market share in 2019 and is projected to thrive with the highest CAGR value over the forecast period. This growth can be credited to the growing drug discovery activities, especially in emerging economies.
The drug discovery segment is predicted to boost market growth over the forecast period. This growth is due to the increase in investments on research and development by pharmaceutical companies. Furthermore, the increasing prevalence of diabetes and cardiovascular diseases is spurring market growth. Moreover, a rapid rise in the drugs used for treating chronic diseases across the world has boosted the cell based assays market growth.
North America currently dominates the market. However, the Asia Pacific region is predicted to grow at a high CAGR value over the forecast period. The growth in this region is largely due to advancements in infrastructure development and massive investments in research and development by governments of emerging economies.
Key Market Drivers in the Cell Based Assay Market:
The cell-based assay market's growth is propelled by several factors:
Rising Demand for Drug Discovery: The increasing prevalence of chronic diseases such as diabetes and cardiovascular conditions has intensified the need for efficient drug discovery methods. Cell-based assays offer a more accurate representation of in vivo conditions, making them invaluable in the early stages of drug development.
Advancements in Personalized Medicine: The shift towards personalized medicine has amplified the adoption of cell-based assays. These assays enable researchers to understand individual cellular responses, facilitating the development of tailored therapeutic strategies.
Technological Innovations: The integration of high-throughput screening (HTS) and high-content screening (HCS) technologies has enhanced the efficiency and accuracy of cell-based assays. Additionally, the emergence of 3D cell culture techniques provides a more physiologically relevant environment, improving predictive outcomes in drug testing.
Global Cell Based Assay Market Segmentation:
By Product and Services
- Consumables
- Reagents
- Assay Kits
- Reporter Gene Assays
- Second Messenger Assays
- Cell Growth Assays
- Cell Death Assays
- Other Assay Kits
- Probes and Labels
- Microplates
- Cell Lines
- Immortalized Cell Lines
- Primary Cell Lines
- Stem Cell Lines
- Instruments
- Services
By Application
- Drug Discovery
- Toxicity Studies
- Pharmacokinetic Studies
- Pharmacodynamic Studies
- Basic Research
- Other Applications
By End User
- Pharmaceutical and Biotechnology Companies
- Academic and Government Institutes
- Contract Research Organizations
By Region
Cell Based Assay Market Leading Companies:
- Thermo Fisher Scientific Inc.
- Danaher Corporation
- Becton, Dickinson and Company,
- GE Healthcare
- Merck KGaA
- Lonza Group Ltd.
- Perkinelmer, Inc.
- Charles River Laboratories, Inc.
- Cell Signaling Technology, Inc.
- Promega Corporation, Cisbio
- Cell Biolabs, Inc.
Thermo Fisher’s BacMam-enabled Cellular Assays technology is used for mammalian cell line transduction, including stem cells and primary cells. It is an efficient and robust method for investigating specific signal transduction events with a customised cell background. Thermo Fisher acquired approximately 57% of its total revenue from China and the US. The company invests around 4% if its total revenue in research and development to lead the competition in this market.
Danaher announced the ClearLLAb 10C System for flow cytometry labs in 2019. It includes the initial 10-colour CE-IVD immunophenotyping reagent panels for myeloid and lymphoid lineages. These tubes use the DURA innovations dry reagent technology for panels that require no refrigeration.
Objectives of the Study:
- To provide with an exhaustive analysis on the Cell-based Assay Market By Product and Services, By Application, By End User and By Region
- To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
- To evaluate and forecast micro-markets and the overall market
- To predict the market size, in key regions (along with countries)— North America, Asia Pacific, Europe and rest of the world
- To record evaluate and competitive landscape mapping-product launches, technological advancements, mergers and expansions
- Profiling of companies to evaluate their market shares, strategies, financials and core competencies
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