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Image-Based Cytometry In Cell Analysis Market Survey Detailed Analysis and Forecast 2024-2031
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Image-Based Cytometry in Cell Analysis Market Size, Share & Trends Analysis Report By End-user (Biotechnology & Pharmaceutical Companies, Academia, Cosmetic Industry, Contract Research Organizations, and Contract Development & Manufacturing Organizations), Region, Market Outlook And Industry Analysis 2031"The global image-based cytometry in cell analysis market is estimated to reach over USD 5.80 billion by 2031, exhibiting a CAGR of 9.7% during the forecast period.
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Image-based cytometry in cell analysis is a state-of-the-art tool for studying cells and cellular processes in the lab and clinic. As technology improves and more researchers begin using image-based flow cytometers, the need for image-based cytometers is expected to increase in the coming years. Both wealthy and developing countries' governments are investing heavily in the search for new pharmaceuticals. The global market for image-based cytometers is anticipated to expand because of some variables, chief among which is the rising frequency of clinical trials and the rapid development of electronic devices for cellular analysis.
The worldwide image-based cytometry in cell analysis industry may also benefit from the increasing partnerships and new product introductions for better clinical & lab testing. Introducing new technology and sustained economic growth indicate image-based cytometry in the cell analysis market's future growth. Businesses in the market are ramping up their operations by inventing cutting-edge technologies or expanding into developing nations, ultimately increasing competition and boosting market growth.
List of Prominent Players in the Image-Based Cytometry in Cell Analysis Market:
• PerkinElmer, Inc.
• Merck KGaA
• Sartorius AG
• Thermo Fisher Scientific Inc.,
• Carl Zeiss Meditec AG
• Charles River Laboratories
• Yokogawa Electric Corporation
• Nanolive SA
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Market Dynamics:
Drivers-
Growing demand for image-based cytometers can be attributed to rising applications in clinical trials and the expanding use of image-based flow cytometers in the academic and industrial sectors. There is potential for the market for image-based cytometric systems to expand thanks to the development of rapid usage systems. Since each clinical trial is now targeted at a specific cell type, high throughput screening is a standard feature of most newly launched technologies. As a result, a cell analyzer was created, which yields multifaceted results from thousands of cells to the researcher.
Challenges:
The prime challenge is insufficient knowledge, skill, and intensive content analysis because of lockdowns and isolation in emerging countries, which is predicted to slow the growth of image-based cytometry in the cell analysis market. However, the high cost of instruments and the scarcity of competent workers are predicted to restrain market statistics, and inadequate healthcare infrastructure in developing nations also hamper the overall growth of image-based cytometry in the cell analysis market over the coming years.
Regional Trends:
The North American image-based cytometry in cell analysis market is anticipated to register a major market share in terms of revenue. It is projected to grow at a high CAGR in the near future because of the rise in the number of first-in-class pharmaceuticals approved by the FDA, the increasing amount of money pharmaceutical companies are spending on research and development, and the emergence of new businesses devoted to the discovery and development of effective treatments for rare diseases and neurological disorders are factors expected to increase the growth of the image based cytometry in cell analysis market in the region.
Besides, Europe had a considerable share in the market due to its developed economy, advanced medical facilities and increased drug discovery clinical trials. This is due to the adoption of innovative methods by the major players in the image-based cytometry in the cell analysis market. Moreover, the presence of essential market players and the growing cooperation between significant players for market penetration in the area enables an opportunity to grow the global image-based cytometry in the cell analysis market.
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Recent Developments:
• In January 2023, Merck recently signed into a research cooperation and commercial license agreement with Cambridge, Massachusetts-based Mersana Therapeutics, Inc. to develop innovative antibody-drug conjugates using Immunosynthen, Mersana's patented STING-agonist ADC the internet, against up to two targets. Immunosynthen produces systemically administered ADCs that activate STING signalling in tumor-resident immune cells and antigen-expressing tumour cells to harness innate immune activation's potential against tumours.
• In March 2023, Becton, Dickinson and Company released their new BD FACSDiscover S8 Cell Sorter worldwide. This groundbreaking apparatus is the first to incorporate spectral flow cytometry and real-time imaging technology. This new tool has the potential to completely revolutionize the study of cells since it provides scientists with unprecedented insight into cellular behaviour and function.
Segmentation of Image-Based Cytometry in Cell Analysis Market-
By End User-
• Biotechnology & Pharmaceutical Companies
• Therapeutic Area
o Oncology & Immune oncology
o Cardiovascular & Metabolic Diseases
o Immunology
o Neurological Diseases
o Others
• Workplace
o Target Identification
o Hit Generation & Lead Identification
o Lead Optimization
o In Vitro Preclinical Studies
o In Vivo Preclinical Studies
o Clinical Studies
• Academia
• Cosmetic Industry
• Contract Research Organizations
• Contract Development & Manufacturing Organizations
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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