Cell-based Assays Market Will Exhibit an Impressive Expansion by 2024-2031

The global cell-based assay market is anticipated to grow at a considerable CAGR of 7.7% during the forecast period. The increasing technological-based advancement by key players operating in the market and various approvals for assays-based products are key factors that are propelling the market growth. The companies are investing in the development of new and technology-based products such as AI, Cloud-based new products, and other technologies that are fulfilling the increasing demand by the end-user of the market. For instance,

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• In August 2022, Predicine company launched its CE-marked "PredicineCARE" liquid biopsy assay in Europe which is to target 152 genes in patients diagnosed with cancer. This liquid biopsy assay has been used in patient testing, clinical trials, and in the development of companion diagnostics.

• In March 2022, CELLINK, a BICO Company, launched BIO CELLX, to eliminate barriers to automating 3D cell-based assays targeting cancer research and drug discovery. This new system that automates 3D cell culture workflows is built upon CELLINK's impressive bioprinting portfolio which utilizes many proven technologies. The new system was selected as a finalist for the New Product Award at the recent SLAS conference in Boston.

• In February 2021, Axion BioSystems has launched Maestro ZHT a screening platform, to add a new dimension to drug discovery and development by leveraging their expertise in live-cell instrumentation. This new platform meets all the changes such as reducing cost, time, and waste of precious antibodies and cells with an easy, automated, real-time, live-cell assay.

Global Cell-based Assays Market Report Segment

By Product

• Consumables
o Reagents
o Cell Lines
o Microplates
o Probes & Labels
• Instruments
• Service
• Software

By Application

• Drug Discovery
• Basic Research
• ADME Studies
• Predictive Toxicology

By End-User

• Contract Research Organizations
• Academic and Government Institutions
• Pharmaceutical and Biotechnology Companies

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Cell-based Assays Market- Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• AAT Bioquest, Inc.
• Altis Biosystems, Inc.
• Apical Scientific Sdn Bhd
• Axion BioSystems Inc.
• Beckman Coulter, Inc.
• Becton, Dickinson and Co..
• BioAgilytix
• Cell Signaling Technology, Inc.
• Charles River Laboratories
• Eurofins DiscoverX Products, LLC
• Genesis Biotechnology Group, LLC

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