Increasing government funding for cell-based research and the rising incidence of chronic and infectious diseases are the major factors driving the growth of this market.
The report Cell Analysis Market is expected
to reach USD 22.7 billion by 2024 from USD 16.0 billion in 2019, at a CAGR of
7.2%. from 2019 to 2024.
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Market Segmentation:-
Based on product, the cell identifications Market is broadly
categorized into microscopes, flow cytometry products, spectrophotometers, qPCR
products, cell counters, cell microarrays, high-content screening (HCS)
systems, and other products. The flow cytometry products segment accounted for
the largest market share in 2018. The large share of this segment is primarily
attributed to technological advancements, the increasing adoption of flow
cytometry techniques in research and academia, growing public-private
initiatives in the field of immunology and immuno-oncology research, and the
rising incidence and prevalence of chronic diseases.
Based on end user, the cell identifications Market is segmented
into hospitals & diagnostic laboratories, research institutes,
pharmaceutical & biotechnology companies and CROs, cell culture collection
repositories, and other end users. The pharmaceutical & biotechnology
companies and CROs segment is expected to register the highest CAGR during the
forecast period.
Recent
Developments:-
- In 2018, Danaher Corporation launched its
Kaluza C Flow Cytometry Analysis Software.
- In 2018, Leica Microsystems opened the first
Imaging Center in San Francisco. This center will display the breadth of
technologies in microscopes, developed by Leica Microsystems for life
sciences research.
- In 2018, Becton, Dickinson and Company (BD)
launched its BD FACSymphony S6 cell sorter.
Regional Analysis:-
By region, the cell analysis market is segmented into North
America, Europe, the Asia Pacific, Latin America, and the Middle East &
Africa. In 2018, North America accounted for the largest market share, followed
by Europe.
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Top Key Players:-
The prominent players operating in the cell analysis market are
Danaher Corporation (US), Thermo Fisher Scientific (US), Becton, Dickinson and
Company (US), Merck KGaA (Germany), GE Healthcare (US), Agilent Technologies,
Inc. (US), Olympus Corporation (Japan), PerkinElmer, Inc. (US), Promega
Corporation (US), Tecan Group (Switzerland), Miltenyi Biotec (Germany), Carl
Zeiss (Germany), Bio-Rad Laboratories Inc (US), and Sysmex Corporation (Japan).
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