Cell-based assays encompass various assays that measure cellular variables such as cell toxicity, proliferation, production of markers, activation of specific signaling pathways, motility, and alteration in morphology. These assays depend upon correspondent gene assays, which are highly sensitive due to signal amplification of cell-signaling cascades, and consequently are perfect for miniaturization. Cell-based assays are extensively applied in high-throughput screening (HTS) formats.
MARKET SCOPE
The "Global Cell Based Assays Market Analysis to 2028" is a specialized and in-depth study of the biotechnology industry with a special focus on the global market trend analysis. The report aims to provide an overview of the cell based assays market with detailed market segmentation by type, end use, and geography. The report provides key statistics on the market status of the leading cell based assays market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
-Based on product and services, the global cell based assays market is segmented into consumables (reagents, assay kits), cell lines microplates, probes and labels, instruments and software, services, others.
-Based on application, the global cell based assays market is segmented into drug discovery (toxicity studies, pharmacodynamic studies, pharmacokinetic studies), basic research, other applications
-On the basis of end use, the market is segmented into pharmaceutical and biopharmaceutical companies, cros, academic and research institutes.
MARKET DYNAMICS
Drivers
-Rise in focus on cell-based assays in drug discovery.
-Rise in the research and development.
-Growth in the research funding.
Restraints
-The high cost associated with these assays are the major restraining factor for the market
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The cell based assays market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the cell based assays market in these regions.
IMPACT OF COVID-19 ON CELL BASED ASSAYS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the cell based assays market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from cell based assays market are anticipated to lucrative growth opportunities in the future with the rising demand for cell based assays in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cell based assays market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
-Danaher Corporation
-Thermo Fisher Scientific
-Merck KGaA
-Becton, Dickinson and Company
-PerkinElmer, Inc.
-Promega Corporation
-Charles River Laboratories
-Lonza
-BioAgilytix Labs
-Reaction Biology Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.