Cell Surface Markers Market driven by increasing utilization of in vitro diagnostics

A new Transparency Market Research report states that the global cell surface markers market stood at US$13.2 bn in 2012 and is predicted to reach US$23 bn by 2019. It is predicted to expand at a CAGR of 8.10% from 2013 to 2019. The title of the report is “Cell Surface Markers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018.”

Cell surface markers are proteins expressed on the cells’ surface and often serve as markers of particular cell types. Cell surface markers are usually molecules or antigens inside the plasma membrane of the cell. These markers are the chief components in the categorization and identification of cells including macrophages, lymphocytes, tumor cells, monocytes, and other cells primarily related to immunology. Cell surface marker analysis can allow simplification of disease identification and diagnosis, drug discovery, and sample preparation. This analysis can take place with different samples, including blood, bone marrow, lymph nodes, and other tissues.

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As per the report, the increasing utilization of in vitro diagnostics, the rising automation in laboratories, the reduction in the cost of diagnosis, and the requirement for lowering healthcare expenditures globally are amongst the chief factors stimulating the market for cell surface markers. In addition, the rise of new markets will lead to a high demand for new antibodies, therefore boosting the demand for cell surface markers. Furthermore, the rising occurrence of chronic diseases such as autoimmune disorders and cancer, the simplification of analysis procedures, and the rising automation of solutions and technologies are also amongst the major factors augmenting the growth of the market. On the other hand, the complications involved in the utilization of flow cytometers and the negligence in making huge investments for gaining access to cutting-edge models are amongst the chief factors impeding the growth of the market for cell surface markers.

The report segments the market on the basis of instrument and reagent and geography.

In terms of instrument and reagent, the report segments the market for cell surface markers into hematology analyzers, reagents and kits, and flow cytometers. Amongst these, flow cytometers and hematology analyzers are the most demanded instruments and reagents in the market for cell surface markers. The presence of different types of flow cytometers and growth in R&D activities is the prime factor fuelling the segments of hematology and flow cytometers.

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On the basis of geography, the report segments the market into Europe, North America, Asia Pacific, and Rest of the World (RoW). Amongst these, the region of North America led the market in 2014. This is owing to the presence of a large number of key players within this region, resulting in technological developments happening first within this region. In addition, the increasing demand for cell surface marker analysis from key prime industries is also a major factor augmenting the North America cell surface markers market.

As mentioned in the report, the prime players dominant in the market for cell surface markers are Abbott Laboratories, Bio-Rad, Siemens Healthcare, Roche Diagnostics, Nihon Kohden Corporation, Beckman Coulter, and BD Biosciences, among others.

Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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This release was published on openPR.