Press release
The Cell Counting Devices Market is Set to Reach $18.64 Billion by 2029 - Arizton
Cell Counting Devices Market Research Report by Arizton
According to Arizton's latest research report, the cell counting devices market [https://www.arizton.com/market-reports/cell-counting-devices-market] will grow at a CAGR of 7.04% during 2023-2029.
To Learn More About the Market, Visit: https://www.arizton.com/market-reports/cell-counting-devices-market
Cell Counting Devices Market Report Scope
Market Size (2029): $18.64 Billion
Market Size (2023): $12.39 Billion
CAGR (2023-2029): 7.04%
Historic Year: 2020-2022
Base Year: 2023
Forecast Year: 2024-2029
Market Segmentation: Product, Applications, End-Users, and Geography
Geographic Analysis: North America, Europe, APAC, Latin America, and Middle East & Africa
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The global market for cell counting devices is highly dynamic, shaped by various trends, opportunities, enablers, and challenges. Key drivers include a significant patient population and expanding R&D activities in cell research. Technological advancements, particularly in automated and fully automated cell counters, are pivotal in driving revenue growth. Traditional cell counters remain prevalent in developing markets due to their affordability and simplicity. Conversely, developed markets are increasingly adopting automated devices to address labor shortages and enhance efficiency. The pharmaceutical, biotech, and healthcare sectors are major adopters, leveraging automated technologies for enhanced productivity. Ongoing technological developments are further diversifying options and expanding the utility of cell counting devices in routine laboratories and diagnostic applications.
Market Trends & Drivers
Automated cell counting devices represent a transformative leap in the life sciences and healthcare sectors. Originating with the Coulter Counter in the 1950s, early adoption was hindered by cost and complexity. Manual cell counting remained prevalent until recent decades, when advancements spurred significant market growth. Millipore's introduction of the first handheld automated cell counter in 2009 marked a turning point, followed by innovations like the first fully automated fluorescent cell counter in 2021. These devices streamline cell counting, eliminating laborious manual methods and microscope use. Affordable introductory models priced from $2,000 to $5,000 have democratized access, particularly in middle and high-income countries. Fluorescence capabilities cater to cell biology's demands, enhancing device appeal and functionality. Automated technologies now facilitate cell culture and counting directly within incubators, further driving adoption and efficiency in laboratory operations.
Pharma & Biotech Firms Dominate Market, Unveiling Lucrative Opportunities in Cell Counting Technologies
In 2023, the pharmaceutical and biotechnology companies sector held a dominant share of 33.70% in the global cell counting devices market. These industries are pivotal in driving revenues for cell counting devices and consumables. The increasing focus on cell and gene therapy trials, alongside the expanding interest in regenerative medicines involving stem cell research, are key factors fueling the demand for cell counters within pharmaceutical and biotechnology firms. Over recent years, there has been a notable surge in research and development (R&D) expenditures, with the pharmaceutical industry alone dedicating approximately $90 billion to R&D activities in 2022. Between 2010 and 2019, a significant number of new drugs were approved, peaking at 59 in 2018, which boosted drug sales by 60% compared to the previous decade. This heightened R&D investment and activity levels within the pharmaceutical sector continue to drive the demand for cell counting devices.Bottom of Form
Global Cell Counting Devices Market Sees Intense Competition and Strategic Alliances Among Pharma and Biotech Leaders
The cell counting devices market is dynamic with many global, regional, and local players offering diverse technologies. Hematology analyzers play a pivotal role, intensifying competition among vendors. Leading pharmaceutical and biotech companies drive significant demand, fueled by robust R&D in cell and gene therapies and regenerative medicine. Strategic collaborations and partnerships are key strategies for maintaining competitive advantage. For instance, Merck KGaA's collaboration with Mersana Therapeutics highlights efforts to innovate in antibody-drug conjugates. Strategic acquisitions, like Danaher's acquisition of GE Life Sciences' biopharma business and Agilent Technologies' acquisition of BioTek Instruments, underscore efforts to enhance market presence and technology offerings. Vendors also emphasize long-term relationships with distributors to bolster market penetration and expand geographic reach.
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Key Company Profiles
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Abbott
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Bio-Rad Laboratories
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Boule
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Danaher
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Diatron
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HORIBA
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Merck KGaA
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PerkinElmer
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Siemens Healthineers
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Sysmex Corporation
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Thermo Fisher Scientific
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Advanced Instruments
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Agilent Technologies
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Axion BioSystems
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Aligned Genetics (Logos Biosystems)
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Alphatec Scientific
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Agappe Diagnostics
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Analyticon Biotechnologies
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Balio Diagnostics
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B&E BIO-TECHNOLOGY
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BioSystems Diagnostics
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Bioway Biological Technology
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BIOSYSY Scientific Devices GmbH
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Benchmark Scientific
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BD
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Bruker Spatial Biology (NanoString Technologies, Inc.)
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Bentley Instruments
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ChemoMetec
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Corning Incorporated
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Curiosis Inc
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Cytek Biosciences
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Cole-Parmer Instrument Company
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Cellular Technology Limited (Immunospot)
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CLINDIAG SYSTEMS
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CONTECH MEDICAL SYSTEMS
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Convergent Technologies
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CPC Diagnostics
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DIAGON
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Dirui
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Drucker Diagnostics
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DeNovix
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EDAN Instruments
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F. Hoffmann-La Roche
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Genrui Biotech
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High Technology
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Hospitex International Ltd
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LINEAR CHEMICALS
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Maccura Biotechnology
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Meril Life Sciences
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Medsource Ozone Biomedicals
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NIHON KOHDEN CORPORATION
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Norma Instruments
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NanoEntek
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Paul Marienfeld GmbH & Co. KG
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RWD Life Sciences Co., LTD.
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Revvity
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Sartorius AG
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Shenzhen Mindray Bio-Medical Electronics
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Shenzhen Landwind Industry
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Prestige Diagnostics
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SFRI
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Shenzhen Dymind Biotechnology
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Shenzhen Prokan Electronics
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SPINREACT
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Trivitron Healthcare
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Tecan Trading Ag
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Tip Biosystems
Market Segmentation
Product
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Consumables
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Instruments
Applications
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Research, Development, & Bioprocessing
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Clinical Diagnostics
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Other Applications
End-Users
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Pharma & Biotech Companies
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Diagnostics Laboratories
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Research Institutes & Labs
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CDMOs & CROs
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Other End-users
Geography
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North America
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The US
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Canada
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Europe
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Germany
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France
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The UK
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Italy
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Spain
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Russia
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Poland
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APAC
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China
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Japan
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India
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South Korea
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Australia
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Indonesia
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Latin America
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Brazil
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Mexico
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Argentina
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Middle East & Africa
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Turkey
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Saudi Arabia
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South Africa
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The UAE
Key Questions Answered in the Report:
What is the growth rate of the global cell counting devices market?
How big is the cell counting devices market?
What are the significant trends in the cell counting devices industry?
Which region dominates the global cell counting devices market share?
Who are the key players in the global cell counting devices market?
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About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Media Contact
Company Name: Arizton Advisory & Intelligence
Contact Person: Jessica
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=the-cell-counting-devices-market-is-set-to-reach-1864-billion-by-2029-arizton]
Phone: +1-312-235-2040/+1 302 469 0707
Country: United States
Website: https://www.arizton.com/market-reports/cell-counting-devices-market
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