Cell-based Assay Market CAGR of 16.5% Size 2021 Comprehensive Growth, Industry Share-Size Estimate, Consumption Analysis by Applications, Future Demand, Top Leading Players, Emerging Trends and Forecast to 2026

Cell-based assays have the potential to deliver more information about intracellular molecular targets than conventional methods such as molecular manipulation and random screening. These assays are critical tools for studying cellular mechanisms in a biological context.

A variety of cell-based assays are available in the market that cover applications such as cellular functions assessment, toxicity studies, and processes in biological research. The global cell-based assay market accounted for $3,625 million in 2021, and is anticipated to reach $10,618 million by 2026, registering a CAGR of 16.5% from 2021 to 2026.

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In order to produce a holistic assessment of the market, a variety of factors is considered, including demographics, business cycles, and microeconomic factors specific to the market under study. Global cell-based assay market report 2021 also contains a comprehensive business analysis of the state of the business, which analyzes innovative ways for business growth and describes critical factors such as prime manufacturers, production value, key regions, and growth rate.

The Centers for Medicare and Medicaid Services report that US healthcare expenditures grew by 4.6% to US$ 3.8 trillion in 2019, or US$ 11,582 per person, and accounted for 17.7% of GDP. Also, the federal government accounted for 29.0% of the total health expenditures, followed by households (28.4%). State and local governments accounted for 16.1% of total health care expenditures, while other private revenues accounted for 7.5%.

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This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.

Rise in adoption of high-throughput screening methods and surge in preference of cell-based assays boost the market growth. In addition, increase in availability of funds for R&D and innovation, and increase in drug delivery activity supplement the growth further. However, high costs associated with equipment and standardization concerns in cell-based assay methods impede the market growth. Furthermore, increase in adoption of label-free cell-based assays and the untapped emerging countries offer lucrative opportunities for market development.

The global cell-based assay market is segmented based on product, application, end user, and geography. Based on product, it is divided into consumable, instrument, service, and software. The consumables segment is further classified into reagents, microplates, probes & labels, assay kits, cell lines, and others. Assay kit segment includes reporter gene assays, cell growth assays, second messenger assays, cell death assays, and others.

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The cell line segment is divided into immortalized cell lines, primary cell lines, and stem cell lines. Based on application, the market is categorized into drug discovery; basic research; absorption, distribution, metabolism, & excretion (ADME) studies; predictive toxicology; and others. On the basis of end user, it is categorized into pharmaceutical & biotechnology companies, academic & government research institutes, contract research organizations, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The report provides a comprehensive analysis of the key players that operate in the global cell-based assay market.

KEY PLAYERS PROFILED

Becton, Dickinson and Company
Danaher Corporation
Thermo Fisher Scientific, Inc.
General Electric Company
Merck KGaA
Perkinelmer, Inc.
Bio-Rad Laboratories, Inc.
Lonza Group Ltd.
Cell Signaling Technology, Inc.
Promega Corporation

KEY MARKET BENEFITS

The study provides an in-depth analysis of the global cell-based assay market and the current trends and future estimations to elucidate the imminent investment pockets.
It presents quantitative analysis of the market from 2016 to 2023 to enable the stakeholders to capitalize on the prevailing market opportunities.
Extensive analysis of the market based on product assists to understand the trends in the industry.
Key players and their strategies are thoroughly analyzed to understand the competitive outlook of the industry.

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KEY MARKET SEGMENTS

By Product

Consumable
Reagents
Microplates
Probes & Labels
Assay Kits
Reporter Gene Assays
Cell Growth Assays
Second Messenger Assays
Cell Death Assays
Others
Cell Lines
Immortalized Cell Lines
Primary Cell Lines
Stem Cell Lines
Other Consumables
Instrument
Service
Software

By Application

Drug Discovery
Basic Research
ADME Studies
Predictive Toxicology
Others

By End User

Pharmaceutical & Biotechnology Companies
Academic & Government Research Institutes
Contract Research Organizations
Others

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By Geography

North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Taiwan
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA

The other players in the value chain include (profiles not included in the report):

Macrogen, Inc.
New England Biolabs, Inc.
Cisbio Bioassays
Cell Biolabs, Inc.
DiscoverX Corporation

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What are the aspects of this report that relate to regional analysis?

The report’s geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.

Reports on the market include the growth rates of each region, which includes their countries, over the coming years.

How are the key players in the market assessed?

This report provides a comprehensive analysis of leading competitors in the market.

The report includes information about the key vendors in the market.

The report provides a complete overview of each company, including its profile, revenue generation, cost of goods, and products manufactured.

The report presents the facts and figures about market competitors, alongside the viewpoints of leading market players.

A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.

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This market report shows the projected market size for the pain management devices market at the end of the forecast period. The report also examines the historical and current market sizes.

On the basis of various indicators, the charts present the year-over-year growth (%) and compound annual growth rate (CAGR) for the given forecast period.

The report includes an overview of the market, its geographical scope, its segmentation, and the financial performance of key players.

The report examines the current state of the industry and the potential growth opportunities in North America, Asia Pacific, Europe, Latin America, and the Middle East, and Africa.

The research report includes various factors contributing to the market’s growth.

The report analyzes the growth rate, market size, and market valuation for the forecast period.

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What factors are taken into consideration when assessing the key market players?

The report analyzes companies across the globe in detail.

The report provides an overview of major vendors in the market, including key players.

Reports include information about each manufacturer, such as profiles, revenue, product pricing, and other pertinent information about the manufactured products.

This report includes a comparison of market competitors and a discussion of the standpoints of the major players.

Market reports provide information regarding recent developments, mergers, and acquisitions involving key players.

What are the key findings of the report?

This report provides comprehensive information on factors expected to influence the market growth and market share in the future.

The report offers the current state of the market and future prospects for various geographical regions.

This report provides both qualitative and quantitative information about the competitive landscape of the market.

Combined with Porter’s Five Forces analysis, it serves as SWOT analysis and competitive landscape analysis.

It provides an in-depth analysis of the market, highlighting its growth rates and opportunities for growth.

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