New York, NY, July 24, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Cell Based Assay Market by Product (Reagents, Microplates, Cell Lines, Assay Kits, Instruments, and Services), By Application (ADME Studies, Predictive Toxicology, Drug Discovery, and Research), and by End-User (CROs, Biopharma Companies, and Research Institutes): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global cell based assay market was approximately USD 8.7 billion in 2018 and is expected to generate around USD 16.2 billion by 2025, at a CAGR of around 9.4% between 2019 and 2025.
Cell assay is a diagnostic tool that is used to study cellular functions’ mechanisms. Functional cells are used as diagnostic equipment for studying new drugs. Cell-based assays are extensively used in academic institutes, research facilities, government institutes, pharmaceutical, and biotechnology companies, and contract research institutes. The increasing incidence of chronic diseases, such as cancer, cardiovascular diseases, arthritis, and diabetes, is the primary growth factor of the cell based assay market globally. Furthermore, increasing R&D expenditure on drug discovery, the advantage of cell-based assays over other techniques, and growing adoption of throughput screening methods, mainly in toxicological studies, will have a positive impact on the cell based assay market. However, the high instrument cost and restrictions on reagent usage may act as restraints for the cell based assay market growth globally. Alternatively, the increased use of the novel cell-based assay in cancer research will further contribute to the cell cased assay market development in the future.
Browse through 54 Tables & 30 Figures spread over 110 Pages and in-depth TOC on “Global Cell Based Assay Market Size 2018: By Type, Share, Industry Applications, Growth, Segments, Analysis and Forecast to 2025”.
Request Sample Report of Global Cell Based Assay Market @ https://www.zionmarketresearch.com/sample/cell-based-assay-market
The cell based assay market is categorized on the basis of application, product, and end-user. On the basis of product, the cell based assay market includes microplates, reagents, services, cell lines, instruments, and assay kits.
Based on application, the market is classified into ADME studies, research, predictive toxicology, and drug discovery. The drug discovery segment is anticipated to witness notable growth in the cell based assay market over the forecast time period.
Request for PDF Brochure of This Report: https://www.zionmarketresearch.com/requestbrochure/cell-based-assay-market
By end-user, the global cell based assay market includes CROs, biopharma companies, and research institutes. Biopharma companies accounted for the largest share of the cell based assay market in 2018 globally. This can be attributed to the increasing adoption of advanced technologies for disease diagnosis and treatment and rising cancer incidences.
North America dominated the global cell based assay market in 2018, due to the positive government initiatives for investment and funding in cancer research, flourishing pharmaceutical industry, developing economic conditions, and rising business investments. The U.S. is a major country-level market in North America, owing to huge investments in research facilities.
Browse the full “Cell Based Assay Market by Product (Reagents, Microplates, Cell Lines, Assay Kits, Instruments, and Services), By Application (ADME Studies, Predictive Toxicology, Drug Discovery, and Research), and by End-User (CROs, Biopharma Companies, and Research Institutes): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/cell-based-assay-market
Europe held the second largest market share for the cell based assay market in 2018, due to the rising cancer prevalence, increasing cancer diagnosis procedures, escalating investments in R&D by government, presence of developed healthcare infrastructure, and growing awareness about new advanced technologies. Germany, the UK, and France are major countries in the European cell based assay market. The UK is estimated to grow notably over the forecast time period. Germany dominated the European cell based assay market in 2018.
The Asia Pacific region is an emerging region for cell based assay market, due to the increasing cancer cases, growing investments in healthcare services, and rising assay applications. Japan is estimated to be a rapidly growing country in the Asia Pacific cell based assay market, whereas China dominated the market in 2018. India will register the highest CAGR over the forecast time period, courtesy to the increasing case of chronic diseases and rising adoption of advanced research facilities.
Inquire more about this report before purchase @ https://www.zionmarketresearch.com/inquiry/cell-based-assay-market
Latin America is another vital region for cell based assay market, which is estimated to witness moderate growth over the forecast time period. Brazil contributed the highest share in 2018 and is a major country in the Latin American cell based assay market. The Middle Eastern and African cell based assay market will register slow growth in the years ahead.
Some key players in the global cell based assay market are Becton, Dickinson and Company, Bio-Rad Laboratories, Corning, Danaher Corporation, DiscoverX Corporation, F. Hoffmann-La Roche, Merck, Perkin Elmer, Promega Corporation, and Thermo Fisher Scientific.
Request customized copy of report @ https://www.zionmarketresearch.com/custom/4471
This report segments the global cell based assay market into:
Global Cell Based Assay Market: By Product
- Reagents
- Microplates
- Cell Lines
- Assay Kits
- Instruments
- Services
Global Cell Based Assay Market: By Application
- ADME Studies
- Predictive Toxicology
- Drug Discovery
- Research
Global Cell Based Assay Market: By End-User
- CROs
- Biopharma Companies
- Research Institutes
Global Cell Based Assay Market: By Region
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
Browse More Related Reports:
- Nutrigenomics Market: https://www.zionmarketresearch.com/report/nutrigenomics-market
- Agricultural Biotechnology Market: https://www.zionmarketresearch.com/report/agricultural-biotechnology-market
- Genome Editing Market: https://www.zionmarketresearch.com/report/genome-editing-genome-engineering-market
- Live Cell Imaging Market: https://www.zionmarketresearch.com/report/live-cell-imaging-market
- Apoptosis Assays Market: https://www.zionmarketresearch.com/report/apoptosis-assays-market
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Follow Us LinkedIn: https://www.linkedin.com/company/zion-market-research
Follow Us Twitter: https://twitter.com/zion_research
Visit Blog: https://www.webseriesreviews.com
Contact Us:
Joel John
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com
Blog: http://zmrblog.com