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Monocytes are immune cells that originate in the bone marrow and enter the blood stream to tissues throughout the body, where they mature into macrophages or dendritic cells. Whenever the body detects any foreign material such as microorganisms, macrophages surround it and kill the microorganisms, ingest foreign material, remove dead cells and boost immune responses. The Monocyte Activation Test (MAT) is a standard test that can detect both endotoxin and non-endotoxin pyrogens. The robust MAT test is supported by various regulatory bodies and gives sensitive results that are validated by the human immune response.
MARKET SCOPE
The "Monocyte activation tests market to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of monocyte activation tests market with detailed market segmentation by of product, source, application, end user. The monocyte activation tests market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in monocyte activation tests market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
-n the basis of product, the market is segmented into Monocyte Activation Test Kits, Reagents.
-n the basis of source, the market is segmented into Blood Based, Peripheral Blood Mononuclear Cell (PBMC) Based, and Cell Line Based.
-n the basis of application, the market is segmented into Lipid Parenteral, Dialysis Liquids, Toxic or immune-modulatory Drugs, Blood Products, and Medical Devices.
-n the basis of enduser, the market is segmented into Pharmaceuticals, Biotechnology, and Medical Devices.
MARKET DYNAMICS
Drivers:
Increasing number of biotechnology and pharmaceutical companies globally, growing research and development investments, and increasing new drug approvals. Moreover, additional aspects such as increasing healthcare expenditure, an increase in new innovative drugs, and the launch of biological products, and increase public and regulatory concerns about product safety support the market growth.
Restraints:
Limited supply of MAT test kits & reagents is expected to hamper market growth to a certain extent.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the monocyte activation tests market based on various segments. It also provides market size and forecast estimates from year 2021 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The monocyte activation tests market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting monocyte activation tests market from both demand and supply side and further evaluates market dynamics affecting the market during 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 & Central America after evaluating political, economic, social and technological factors affecting the monocyte activation tests market in these regions.
IMPACT OF COVID-19 ON MONOCYTE ACTIVATION TESTS 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. The global impacts of the COVID-19 are already starting to be felt, and will significantly affect the monocyte activation tests market in 2020.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 monocyte activation tests 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 witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from monocyte activation tests market are anticipated to have lucrative growth opportunities in the future with the rising demand for monocyte activation tests market in the global market. Below mentioned is the list of few companies engaged in the monocyte activation tests market.
The report also includes the profiles of key players in monocyte activation tests market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered financial information of last 3 years, key development in past five years.
-Merck KGaA
-Thermo Fisher Scientific
-Charles River Laboratories International, Inc
-Sanquin
-Microcoat Biotechnologie GmbH
-BD
-SOLVIAS AG
-Lonza Group
-Wickham Laboratories
-CTL