Cell Counting Market Trends, Future Outlook, COVID-19 Impact Analysis, Forecast 2023-2029
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Moreover, the growing popularity of cell culture in drug discovery, cancer treatment, and vaccine production has encourage the funding of cell-based research. However, the funds required for cell-based research is high due to which funding for these researches have been encouraged in a very few of the developed countries such as the US and UK. Decades of investment in research has made the US a one of the leading country in biological and Medical Science. Most of the success is due to the public/private funding partnership such as state governments of developed economies have put forward money in the form of initiatives in order to attract cell research so that the states may gain benefits of this promising technology.
In the US, private funds generally come from pharmaceutical companies that fund trials to list their own products. More than 83% of National Institute of Health (NIH) funds are distributed through competitive grants to over 300,000 scientists employed at universities, medical schools, and other research institutions in all 50 states of the country. For instance, in 2016, the NIH, the largest federal agency, spent half of the biomedical funds on cell-based research. Research supported by NIH has further extended the understanding of the molecular roots of various cancers and led to important awareness as to how microbial communities affect a range of chronic diseases including obesity and diabetes. It has led to the development of innovative technologies and created entirely new global biotechnology and life sciences industries that drive the cell counting market.
The investment in biomedical research funded by NIH has supported discoveries that lowered mortality from various chronic diseases such as cancer and CVD. NIH-funded research is continuing to produce the awareness that is needed for improvements in the healthcare sector in the near future. NIH major research funding was on immunotherapy, which uses human cells to improve cancer treatment options and creating organ-on-a-chip through a series of micro-chambers, fluids, and human cell to stimulate a person's internal organs.Therefore, the funding on cell-based research increases, the opportunities for augmentation of cell counting market are estimated to grow significantly in the near future.
Global Cell Counting Market Segmentation
By Product Type
Pharmaceuticals and Biotechnology companies
Research Institutes and CRO
Hospitals and Diagnostic Laboratories
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Global Cell Counting Market - Segment by Region
Rest of Europe
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Agilent Technologies, Inc.
Becton, Dickinson and Co.
Bio-Rad Laboratories Inc.
Boule Diagnostics AB
Hoffmann-La Roche Ltd.
Logos Biosystems, Inc.
Nexcelom Bioscience LLC
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