The Global Cell-based Assay Market size is anticipated to grow at a CAGR of around 8.4% during the forecast period, i.e., 2024-29. The global market size is expected to exceed USD 29 billion by 2029. According to MarkNtel Advisors Study.
Global Cell-based Assay Market Opportunity:
Increasing Demand for Targeted Therapies to Boost the Demand for Cell-based Assay – With progressions in scientific knowledge about diseases, there is a mounting focus on emerging targeted therapies that accurately address specific molecular pathways linked to ailments. The targeted therapies offer precision and effective treatment for diseases such as cancer, auto-immune diseases, etc. Therefore, bio-pharmaceutical companies such as Thermo Fisher Scientific, PerkinElmer, etc., are increasingly developing these targeted therapies to offer accurate treatment to patients suffering from deadly diseases. These targeted therapies are developed using cell-based assays since they provide valuable insights related to drug interfaces, latent side effects, and drug efficacy, driving the Global Cell-based Assay Market.
In addition, these biopharmaceutical companies are also investing in biomarkers for disease diagnosis, disease prognosis, and drug development, which would further stipulate the demand for cell-based assays.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Cell-based Assay Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2029
- By Products & Services
- Consumables- Market Size & Forecast 2019-2029, Revenues (USD Million)
- Reagents- Market Size & Forecast 2019-2029, Revenues (USD Million)
- Assay Kits- Market Size & Forecast 2019-2029, Revenues (USD Million)
- Reporter Gene Assays- Market Size & Forecast 2019-2029, Revenues (USD Million)
- Cell Growth Assays- Market Size & Forecast 2019-2029, Revenues (USD Million)
- Second Messenger Assays- Market Size & Forecast 2019-2029, Revenues (USD Million)
- Cell Death Assays- Market Size & Forecast 2019-2029, Revenues (USD Million)
- Other (Ion Channel Assays, Cell Adhesion Assays, etc.)- Market Size & Forecast 2019-2029, Revenues (USD Million)
- Microplates
- Cell Lines
- Immortalized Cell Lines- Market Size & Forecast 2019-2029, Revenues (USD Million)
- Primary Cell Lines- Market Size & Forecast 2019-2029, Revenues (USD Million)
- Stem Cell Lines- Market Size & Forecast 2019-2029, Revenues (USD Million)
- Probes & Labels- Market Size & Forecast 2019-2029, Revenues (USD Million)
- Others (Microplates, Pipette Tips, etc.)- Market Size & Forecast 2019-2029, Revenues (USD Million)
- Instruments & Software- Market Size & Forecast 2019-2029, Revenues (USD Million)
- Services- Market Size & Forecast 2019-2029, Revenues (USD Million)
- Consumables- Market Size & Forecast 2019-2029, Revenues (USD Million)
- By Application
- Drug Discovery- Market Size & Forecast 2019-2029, Revenues (USD Million)
- Absorption, Distribution, Metabolism and Excretion (ADME) Studies- Market Size & Forecast 2019-2029, Revenues (USD Million)
- Others (Basic Research, Predictive Toxicology Studies, etc.)- Market Size & Forecast 2019-2029, Revenues (USD Million)
- By Technology
- Automated Handling- Market Size & Forecast 2019-2029, Revenues (USD Million)
- Flow Cytometry- Market Size & Forecast 2019-2029, Revenues (USD Million)
- Others (Label-free Detection, High-throughput Screening, etc.)- Market Size & Forecast 2019-2029, Revenues (USD Million)
- By End User
- Pharmaceutical & Biotechnological Companies- Market Size & Forecast 2019-2029, Revenues (USD Million)
- Academic & Government Institutes- Market Size & Forecast 2019-2029, Revenues (USD Million)
- Contract Research Organizations- Market Size & Forecast 2019-2029, Revenues (USD Million)
- Others (Research institutes, Contract Development and Manufacturing Organizations (CDMOs), etc.) – Market Size & Forecast 2019-2029, Revenues (USD Million)
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Cell Signaling Technology, Inc., Danaher Corporation, Thermo Fisher Scientific, Merck KGaA, Lonza Group, Abcam plc., Becton, Dickenson and Company, Promega Corporation, Bio-Rad Laboratories, Inc., PerkinElmer Inc., Cayman Chemical, R&D Systems, Inc., AnaSpec, Enzo Life Sciences, Inc., Menarini Silicon Biosystems, Inc., and Others are looking forward to strengthening their market positions.
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