Image-Based Cytometry in Cell Analysis Market to Witness Significant Growth Driven by Advancements in Technology and Increased Demand for Clinical Trials

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Image-Based Cytometry in Cell Analysis Market Size, Share & Trends Analysis Report By End-user (Biotechnology & Pharmaceutical Companies, Academia, Cosmetic Industry, Contract Research Organizations, and Contract Development & Manufacturing Organizations), Region, Market Outlook And Industry Analysis 2031"

The global image-based cytometry in cell analysis market is estimated to reach over USD 5.80 billion by 2031, exhibiting a CAGR of 9.7% during the forecast period.

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Image-based cytometry in cell analysis represents an advanced tool for examining cells and cellular processes in both laboratory and clinical settings. As technological advancements continue and more researchers adopt image-based flow cytometers, the demand for these instruments is expected to rise in the coming years. Governments in both developed and emerging economies are making significant investments in the search for novel pharmaceuticals. Consequently, the global image-based cytometer market is projected to experience substantial growth, driven by factors such as the increasing frequency of clinical trials and the rapid advancement of electronic devices for cellular analysis.

The industry is also poised for growth due to a rise in partnerships and the introduction of new products aimed at improving clinical and laboratory testing. The ongoing development of innovative technologies, coupled with sustained economic growth, signals a positive outlook for the image-based cytometry market in cell analysis. Market players are expanding their operations through the introduction of cutting-edge technologies and the exploration of emerging markets, thereby intensifying competition and driving further market expansion.

List of Prominent Players in the Image-Based Cytometry in Cell Analysis Market:
• PerkinElmer, Inc.
• Merck KGaA
• Sartorius AG
• Thermo Fisher Scientific Inc.,
• Carl Zeiss Meditec AG
• Charles River Laboratories
• Yokogawa Electric Corporation
• Nanolive SA

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Market Dynamics:
Drivers:
The growing demand for image-based cytometers is primarily driven by their expanding applications in clinical trials and the increased adoption of image-based flow cytometers within academic and industrial sectors. The market for image-based cytometric systems is poised for expansion, particularly with the development of rapid-use systems. With the increasing focus of clinical trials on specific cell types, high-throughput screening has become a standard feature in many newly launched technologies. This has led to the creation of advanced cell analyzers capable of providing comprehensive results from thousands of cells, thus enhancing the researcher's ability to derive multifaceted insights.

Challenges:
A key challenge facing the image-based cytometry in cell analysis market is the limited knowledge, expertise, and intensive content analysis, particularly in emerging markets, exacerbated by the impact of lockdowns and isolation. These factors are expected to slow market growth. Additionally, the high cost of instruments, coupled with a shortage of skilled professionals, is likely to constrain market development. Furthermore, the lack of adequate healthcare infrastructure in developing nations presents a significant barrier to the widespread adoption of image-based cytometry technologies, hindering overall market expansion in the coming years.

Regional Trends:
The North American market for image-based cytometry in cell analysis is projected to capture a significant share of the market revenue and is expected to grow at a high compound annual growth rate (CAGR) in the near future. This growth is attributed to the increasing number of first-in-class pharmaceuticals approved by the FDA, rising investments by pharmaceutical companies in research and development, and the emergence of new companies focused on discovering and developing treatments for rare diseases and neurological disorders. These factors are expected to fuel the growth of the image-based cytometry market in the region.

In Europe, the market holds a substantial share due to its advanced economy, state-of-the-art medical facilities, and a high volume of drug discovery clinical trials. The adoption of innovative technologies by major players in the market further supports this growth. Additionally, the presence of key market players and increasing collaborations among significant industry participants for market penetration in the region presents significant opportunities for expanding the global image-based cytometry market.

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Recent Developments:
• In January 2023, Merck recently signed into a research cooperation and commercial license agreement with Cambridge, Massachusetts-based Mersana Therapeutics, Inc. to develop innovative antibody-drug conjugates using Immunosynthen, Mersana's patented STING-agonist ADC the internet, against up to two targets. Immunosynthen produces systemically administered ADCs that activate STING signalling in tumor-resident immune cells and antigen-expressing tumour cells to harness innate immune activation's potential against tumours.
• In March 2023, Becton, Dickinson and Company released their new BD FACSDiscover S8 Cell Sorter worldwide. This groundbreaking apparatus is the first to incorporate spectral flow cytometry and real-time imaging technology. This new tool has the potential to completely revolutionize the study of cells since it provides scientists with unprecedented insight into cellular behaviour and function.

Segmentation of Image-Based Cytometry in Cell Analysis Market-
By End User-
• Biotechnology & Pharmaceutical Companies
• Therapeutic Area
o Oncology & Immune oncology
o Cardiovascular & Metabolic Diseases
o Immunology
o Neurological Diseases
o Others
• Workplace
o Target Identification
o Hit Generation & Lead Identification
o Lead Optimization
o In Vitro Preclinical Studies
o In Vivo Preclinical Studies
o Clinical Studies
• Academia
• Cosmetic Industry
• Contract Research Organizations
• Contract Development & Manufacturing Organizations
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa

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This release was published on openPR.