Press release
Live Cell Imaging Market Size Worth USD 5.68 Billion in 2032 | Emergen Research
The global live cell imaging market size was USD 2.09 Billion in 2022 and is expected to register a rapid revenue CAGR of 10.6% during the forecast period. The global Live Cell Imaging market is experiencing significant growth, driven by several key factors including the approval of high content screening techniques, increased investments in Research & Development (R&D), and the rising prevalence of chronic diseases. Live cell imaging, a technique enabling real-time investigation of cell structures and functions, has emerged as a cornerstone in molecular research. The National Institutes of Health (NIH) recently introduced the Live Cell Imaging Program to accelerate research and address the challenges posed by chronic illnesses and treatment resistance.Market Drivers
The market is witnessing a surge in the adoption of contemporary live cell imaging systems, supported by advancements in big data analytics and connected devices. Artificial Intelligence (AI)-driven image analysis and data management technologies are gaining popularity, enhancing research capabilities. Automation and robotics innovations, coupled with AI integration, are improving productivity and customer experiences.
Technological advancements, including the establishment of standards by entities such as the U.S. Department of Commerce's National Institute of Standards and Technology (NIST), are further fueling market growth by ensuring data accuracy and reliability.
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Market Restraints
Despite the promising growth trajectory, the market faces challenges such as high costs associated with live cell imaging systems and a shortage of skilled professionals. The affordability barrier restricts access to these technologies, particularly for middle-class individuals. Additionally, the lack of skilled professionals in certain regions hampers market expansion.
Segment Insights
Live Cell Imaging Product Insights:
The market is segmented into microscopes, cell culture systems, image analysis software, consumables, and others. The cell culture systems segment dominates the market, driven by the increasing demand for Three Dimensional (3D) cell culture models.
Live Cell Imaging Application Insights:
Segmentation by technology includes cell biology, stem cells, drug discovery, and others. The stem cells segment is expected to witness steady growth, attributed to the importance of live cell imaging in researching stem cell activity and differentiation.
Live Cell Imaging End-Use Insights:
End-use segmentation encompasses pharmaceuticals and biotechnology companies, academic and research institutes, and Contract Research Organizations (CROs). Pharmaceuticals and biotechnology companies lead the market, offering easier accessibility to live cell imaging technologies.
Outlook
Pharmaceuticals and biotechnology companies are projected to maintain dominance in the market, driven by increasing demand and accessibility. Academic and research institutes are expected to witness moderate growth, contributing to advancements in liver research and therapeutic applications.
The global Live Cell Imaging market is poised for substantial growth, fueled by technological advancements, increasing R&D investments, and the imperative to combat chronic diseases. Despite challenges such as cost and skill shortages, the market is on a trajectory of expansion, revolutionizing molecular research and therapeutic development.
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Live Cell Imaging Top Companies and Competitive Landscape
The global live cell imaging market is fragmented with many large and medium-sized players accounting for majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective live cell imaging solutions.
• Agilent Technologies
• Bio-Rad Laboratories, Inc.
• CytoSMART Technologies
• Carl Zeiss AG
• Thermo Fisher Scientific Inc.
• Leica Microsystems
• Nikon Corporation
• Blue-Ray Biotech Corp.
• Danaher
• Olympus Corporation
Live Cell Imaging Latest Industry News
• In May 2023, Revvity, Inc. launched as a science-based solutions company that leverages innovation across life sciences and diagnostics to help improve lives everywhere. The company was previously affiliated with PerkinElmer, Inc.
• In March 2022, Leica Microsystems, a leader in microscopy and scientific instrumentation and a Life Sciences company of Danaher Corporation, launched Mica, the world's first Microhub, which is a new type of wholly integrated imaging solution that leverages Machine Learning (ML) software, automation tools and unique fluorescence unmixing techniques to automate the imaging workflow for researchers, regardless of their microscopy experience levels.
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Live Cell Imaging Segment Analysis
For the purpose of this report, Emergen Research has segmented the global live cell imaging market on the basis of product, technology, application, end-use, and region:
• Product Outlook (Revenue, USD Billion; 2019-2032)
o Microscopes
o Cell culture systems
o Image analysis software
o Consumables
o Others
• Technology Outlook (Revenue, USD Billion; 2019-2032)
o Fluorescence Resonance Energy Transfer (FRET)
o Fluorescence Recovery After Photobleaching (FRAP)
o High Content Screening (HCS)
o Others
• Application Outlook (Revenue, USD Billion; 2019-2032)
o Cell biology
o Stem cells
o Drug discovery
o Others
• End-Use Outlook (Revenue, USD Billion; 2019-2032)
o Pharmaceuticals and biotechnology companies
o academic and research institutes
o Contract Research Organizations (CROs)
• Regional Outlook (Revenue, USD Billion; 2019-2032)
o North America
1. U.S.
2. Canada
o Europe
1. Germany
2. France
3. UK
4. Italy
5. Spain
6. Benelux
7. Russia
8. Rest of Europe
o Asia Pacific
1. China
2. Japan
3. South Korea
4. India
5. ASEAN Countries
6. Oceania
7. Rest of APAC
o Latin America
1. Brazil
2. Mexico
3. Rest of LATAM
o Middle East & Africa
1. GCC Countries
2. Israel
3. Turkey
4. South Africa
5. Rest of Middle East & Africa
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Eric Lee
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Emergen Research
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E-mail: sales@emergenresearch.com
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.
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