Press release
Live Cell Imaging Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
Live Cell Imaging Market Size
Forecasted growth in the live cell imaging market is anticipated to be fueled by the growing rate of cancer incidences. Cancer holds second place as a leading cause of death globally, responsible for one in every six deaths every year. For example, the Australian Institute of Health and Welfare, a government agency based in Australia concentrating on thorough health and welfare data and analytics, reported in July 2024 an increase in diagnosed cancer cases. The figures rose from 156,781 in 2021 to 160,570 in 2022, a surge of 3,789 cases in a single-year span. Live cell imaging technology holds a paramount position in progressing and affirming cancer immunotherapy, aiding in visualizing, characterizing, and assessing the biological activities of living cells. Hence, the escalating rate of cancer is set to stimulate the expansion of the live cell imaging market.
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What Is the projected market size and growth rate for the live cell imaging market?
The market size for live cell imaging has experienced swift expansion in recent periods. The expected projection is that it will escalate from a value of $4.99 billion in 2024 to reach $5.72 billion in 2025, signifying a compound annual growth rate (CAGR) of 14.7%. Factors attributing to this upward trajectory in the historical frame include drug discovery and development, research in cancer, activities in biotechnology and biopharmaceuticals, clinical applications, as well as cellular and molecular biology.
The market size for live cell imaging is predicted to experience considerable expansion in the coming years, expected to reach $9.94 billion by 2029, with a compound annual growth rate (CAGR) of 14.8%. The predicted growth during the forecast period is due to factors such as research into infectious diseases, the increasing adoption of personalized medicine, environmental and ecological research, and the development of immunotherapy. Key trends forecasted to emerge during this period include 3D and 4D imaging, super-resolution microscopy, high-content screening, live-cell tracking software, and microfluidic devices.
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What new trends are reshaping the live cell imaging market and its opportunities?
The predicted shortage of professionals with the necessary skills might inhibit the expansion of the live cell imaging market. Mastery of live cell imaging technology is crucial to competent professionals in studying and comprehending cellular functions. As reported by Healthcare-in-Europe.com, a digital platform conveying developments in medical technology, pioneering procedures, and progress in medical studies, both the UK and Europe are on the brink of experiencing a severe lack of lab proficiency in the upcoming decade, with medical labs particularly hard-hit. In addition, research by the Gatsby Foundation suggests that the UK is likely to need an additional 700,000 technicians by 2030 to sustain the economy. Consequently, this dearth of skilled professionals could pose challenges to market growth in future years.
What major market segments define the scope and growth of the live cell imaging market?
The live cell imaging market covered in this report is segmented -
1) By Product: Equipment, Consumable, Software
2) By Technology: Time-Lapse Microscopy, Fluorescence Recovery After Photobleaching (FRAP), Fluorescence Resonance Energy Transfer (FRET), High Content Screening (HCS), Other Technologies
3) By Application: Cell Biology, Developmental Biology, Stem Cell and Drug Discovery, Other Applications
4) By End-User: Pharmaceutical and Biotechnology Companies, Academic and Research Institutes, Contract Research Organizations (CROs)
Subsegments:
1) By Equipment: Microscopes, Imaging Systems, Light Sheet Microscopes, Cameras And Detectors
2) By Consumable: Cell Culture Plates And Dishes, Reagents And Stains, Media And Supplements, Imaging Sensors
3) By Software: Image Analysis Software, Data Management Software, Visualization Software, Image Processing Tools
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Which region dominates the live cell imaging market?
North America was the largest region in the live cell imaging market in 2024. The regions covered in the live cell imaging market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Which key market leaders are driving the live cell imaging industry growth?
Major companies operating in the live cell imaging market include Leica Microsystems GmbH, Olympus Corporation, Sigma-Aldrich Corporation, PerkinElmer Inc., GE Healthcare Technologies Inc., Carl Zeiss Meditec AG, Becton Dickinson and Company, Molecular Devices LLC, Bruker Corporation, Sartorius AG, Oxford Instruments plc, BioTek Instruments Inc., Etaluma Inc., CytoSMART Technologies B.V., Blue-Ray Biotech Corp., CYTENA GmbH, Nanolive SA, Abberior GmbH, Phase Holographic Imaging AB, Cytoskeleton Inc., Corning Incorporated, KEYENCE Corporation, Aligned Genetics Inc., Axion BioSystems Inc., Bio-Rad Laboratories Inc., NanoEnTek Inc., Danaher Corporation, Agilent Technologies Inc., Leinco Technologies, Phasefocus Ltd.
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What Is Covered In The Live Cell Imaging Global Market Report?
•Market Size Forecast: Examine the live cell imaging market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the live cell imaging market for a structured understanding.
•Key Players Overview: Analyze major players in the live cell imaging market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the live cell imaging market.
•Segment Contributions: Evaluate how different segments drive overall growth in the live cell imaging market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the live cell imaging market.
•Industry Challenges: Identify potential risks and obstacles affecting the live cell imaging market.
•Competitive Landscape: Review strategic developments in the live cell imaging market, including expansions, agreements, and new product launches.
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