Thursday, June 12, 2014

Cell-Based Assays Market by Product & Applications – 2018

Cell-based assays are rapidly gaining importance in the field of drug discovery, predictive toxicology and basic research. The global market is estimated to be valued at $8,734 million in 2013 and will grow at a CAGR of 11.1% from 2013 to 2018.
The cell-based assays market will witness a double-digit growth attributed to the increase in range of applications. Advantages over biochemical assays and animal models, government initiatives and public-private partnerships, and rising number of drug discovery practices are significant factors propelling the market in the forecast period. On the other hand, high cost of instruments, and maintenance of cell lines are the factors that hinder the market.
The global cell-based assays market is segmented on the basis of products, applications, and end users. The products market is further subdivided into consumables (including reagents and assay kits, microplates and cell lines), instruments (detection and screening instruments such as microplate readers, flow cytometers, label-free detection instruments fluorescence microscopes, high content screening instruments and automation and high throughput screening instruments), software and cell based assay development services. Major types of cell based assays captured in the report include cell growth assays, cell death assays, second messenger assays and reporter gene assays.
Based on applications, the cell-based assays market is categorized into basic research, drug discovery, ADME, predictive toxicology and other applications. Drug discovery represents the largest share of amongst these applications. With rapid developments in fields such as cell biology, genomics, proteomics and bioinformatics, the number of potential drug candidates has risen significantly, and so have the drug discovery studies.
Government initiatives and public-private partnerships along with drying drug pipeline in pharmaceutical industry have led to increase in drug discovery activities; which is stimulating the market growth. Presently, the market is all set to witness trends such as label free detection, drug discovery outsourcing, 3D culture and stem cells. However, the major hindrances to the growth of the market are high-cost associated with detection technologies and intellectual property issues for assay kits.
The key players in the cell-based assays market include BD Biosciences (U.S.), Danaher Corporation (U.S.), DiscoveRx (U.S.), EMD Millipore (Germany), GE Healthcare (U.K), Life Technologies Corporation (U.S.), PerkinElmer (U.S.), Corporation (U.S.) and Promega (U.S.).
Browse related reports
High Throughput Screening (HTS) Market by Technology (Cell Based, Ultra High Throughput Screening (UHTS), Label Free, Bioinformatics), by Applications (Target Identification, Primary Screening, Toxicology, Stem Cell) & by End Users (Pharmaceutical Industry, Biotechnology Industry, CRO) – Forecast to 2018.
Cell Analysis Market by Instruments (Flow Cytometer, Microscope, Microfluidics, QPCR), Consumables, Application (Cell Identification, Cell Viability, Cell Proliferation, Cytology, Signal Transduction, Single Cell Analysis) – Global Forecast to 2018
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