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Cell Characterization Assays Kits Market Forecast Research Reports Offers Key Insights 2018-2027
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Cell Characterization Assays Kits Market: Drivers and Restraints
The primary factor expected to drive the growth of the cell characterization assays kits market is increasing number of research activities related to stem cell, owning to larger implication of stem cell research in providing diagnostic and treatment solutions for various genetic disorders and conditions. As per the American Association of Medical Colleges, approximately 76% of funding for cell research is by the federal government. But, stem cell research is a controversial topic, as several litigations and obligations are raised, which consequently is expected to limit the sale of cell characterization assays kits. According to the American Lung Association, nearly 13% of all cancer cases are of lung cancer, comprising approximately 240,000 people in the U.S. alone. The growing burden of cancer, particularly lung and breast, has increased the healthcare spending, which consequently is expected to boost the demand for cell characterization assays kits. However, strict regulatory guidelines for cell-based research in many countries and high cost of cell characterization assays kits are factors projected to restrain the growth of the cell characterization assays kits market during the forecast period.
Cell Characterization Assays Kits Market: Overview
The global cell characterization assays kits market is into initial stages of introduction attributed to focus on regenerative cell research. Subsequently, it is expected to demonstrate exponential growth potential for the sale of cell characterization assays kits. The federal government funding for stem cell research is favoring the cell characterization assays kits manufacturers for introduction of advanced kits employing latest recombinant technology. Application of Monoclonal antibody (MaB) therapeutics section is thriving and standout amongst the most dynamic and promising pipelines in the biopharmaceutical market. By efficiently utilizing a streamlined efficient facility, cell characterization assays kits providers are assisting biopharmaceutical companies in creating a flexible infrastructure in order to improve their research capabilities, and also efficiently use in-house resources to meet critical project demands in cell characterization assays kits market. Most of the standard cell banking service providers offer cell bank characterization services in addition to cell bank preparation, which include identification, microbial QC services, separation, and cell line stability.
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Cell Characterization Assays Kits Market: Regional Outlook
Geographically, the global cell characterization assays kits market is segmented into regions, namely North America, Latin America, CIS & Russia, Europe, Asia-Pacific excluding Japan (APEJ), Japan and the Middle East and Africa (MEA). North America is projected to emerge as the dominant regional market for cell characterization assays kits market due to technological advancement and dedicated healthcare research. The cell characterization assays kits market in Asia Pacific excluding Japan is expected to grow substantially due to the increasing number of manufacturers of cell characterization assays kits and recent rise in outsourcing of research to China and India. Europe is expected to hold prominent share in the global cell characterization assays kits market throughout the study period.
Cell Characterization Assays Kits Market: Key Players
The global market for cell characterization assays kits is fragmented with large presence of key players. Examples of some of the key players operating in the global cell characterization assays kits market are AYOXXA Biosystems GmbH, Merck KGaA, STEMCELL Technologies Inc., Enzo Life Science, HemoGenix, Thermo Fisher Scientific, PELO Biotech GmbH, R&D Systems, BD Biosciences, and Menarini Silicon Biosystems Inc, etc.
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