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Global Cell Analysis Market to Witness Substantial Growth thanks to Advent of Innovative Consumables and Instruments

Press Release   •   Nov 29, 2016 16:20 IST

A new market research report by Transparency Market Research offers a comprehensive overview of the global cell analysis market. The research study, titled “Cell Analysis Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024,” provides a thorough analysis, emphasizing on the key dynamics that are estimated to influence the development of the cell analysis market across the globe. In addition, the product segmentation, key geographical segments, and the vendor analysis of the cell analysis market have been discussed in the research report.

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Technological upgrades and the introduction of new analysis treatment consumables and instruments and the less time and cost required for novel drug discovery are some of the prominent aspects expected to augment the growth of the global cell analysis market in the near future. In addition, the rising incidence of cancer and other chronic diseases coupled with the developing healthcare infrastructure in developing economies is anticipated to contribute significantly towards the growth of the overall market.

On the flip side, the rising concerns regarding intellectual property rights are constraining innovations in assay kits, thus curbing the overall growth of the market. Moreover, the high cost of cell analysis systems and the lengthy and time-consuming approval process are estimated to curtail the growth of the market in the near future. However, automation in cancer research and emerging contract research organizations are expected to generate diverse opportunities in the coming few years.

On the basis of product type, the global market for cell analysis has been divided into consumables and instruments. The consumables segment has been sub-segmented into microplates, reagents, and assay kits; whereas, the instrument segment comprises cell microarrays, microscopy, spectrophotometery, flow cytometry, cell counting instruments, and others. A thorough overview of each segment has been included in the research study, along with the expected growth rate.

From the perspective of geography, Asia Pacific is expected to witness robust growth throughout the forecast period, thanks to the increasing government support for the development and enhancement of new screening technologies. In addition, the rising preference for outsourcing drug discovery services in this region is projected to augment the growth of the Asia Pacific cell analysis market in the next few years. This proves to be a potential opportunity for the key players and new entrants, especially if they focus on introducing innovative and affordable products.

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Some of the prominent players operating in the cell analysis market across the globe are Danaher Corporation, Sigma-Aldrich Corporation, Agilent Technologies, Inc., Promega, PerkinElmer, Thermo Fisher Scientific, GE Healthcare, BD Biosciences, Merck KGaA, and Olympus. The research study offers a complete evaluation of the key players in the market, presenting insights into to product portfolio, financial overview, business policies, and recent developments and events, if any.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.