Cell Viability Assays Market Size, Emerging Trends, Share Value, Growth Insights and Industry Outlook by 2027
Cell Viability Assays Market Overview
Cell Viability Assays is a type of technique that is used for determining
viable cells in the culture. Market Research Future (MRFR) has published a
research report about the global cell viability assays market that
prognosticates prosperity for this market at 9.2% CAGR (Compound Annual Growth
Rate) between 2018 and 2023.
The imperative factor driving the global cell
viability assays market growth is the growing
prevalence of chronic ailments and infectious diseases. Other important factors
aiding the market growth include growing availability of funds for cell-based
research, increasing focus on developing cell-based therapeutics, and the
rising need of cell-based assays in research and development (R&D)
activities.
During the forecast period, Europe is expected to hold the second largest
position in the global market. The market growth in this region has been
attributed to the increasing healthcare expenditure, the presence of many key
market players, and the growing prevalence of chronic ailments. Due to the
reasons same as the Americas, Western Europe is a bigger market than Eastern
Europe. In Europe, the major country-specific markets are France, Germany,
Italy, Spain, and the UK, followed by the remaining countries of Western Europe
and Eastern Europe.
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Cell Viability Assays Market Segmentation
The global cell viability assays market segmentation has segmented the
market into applications, cell type, end user, products, and lastly, region.
The application-based segmentation segments this market into clinical &
diagnostic applications, drug discovery & development, stem cell research,
and others. By cell type, the market has been segmented into animal cells,
human cells, and microbial cells. Based on the end users, the market has been
segmented into academic & research institutes, hospital & diagnostic
laboratories, pharmaceutical & biotechnology companies, and others.
On the basis of products, the market has been segmented into consumables and
instruments. Consumables have been sub-segmented into assay kits, microplates,
and reagents. The assay kits have been further segmented into calcein-Am cell
viability assays kits, resazurin cell viability assays kits, tetrazolium
reduction assay kits, and other assay kits. The tetrazolium assay kits have
been further segmented into MTT assay kits and other tetrazolium assay kits.
Instruments have been sub-segmented into automated cell counters, cell imaging
& analysis systems, flow cytometers, and spectrophotometers.
Cell Viability Assays Market Regional Analysis
The regional segmentation of the global cell viability assays market has
segmented the global market into regional markets known as the Asia Pacific,
The Americas (North America & South America), Europe, and the Middle East
& Africa (MEA). During the forecast period, North America has been
estimated to hold the largest market share in the global market. In this
region, the market has been anticipated to grow due to technological
advancement, the presence of many key market players, the high purchasing power
of consumers, and more and more people owning cell viability assays. The
relevant country-specific markets in this region are USA, Canada, and Mexico.
Due to technological advancement, medical facilities, and purchasing power of
people being lower than North America, South America is a comparatively smaller
regional market. The two strongest economies that have the potential to emerge
as suitable markets are Argentina and Brazil.
During the forecast period, the market in Asia Pacific region is expected to
emerge as the fastest-growing during the assessment period due to a rising
number of genomics, proteomics, and stem cell research activities. Increased
funding in the research activities by pharmaceutical & biotechnology
companies is also boosting the market growth. In this region, the most
important country-specific markets are Australia, China, India, Japan, and
South Korea, followed by the remaining countries of the Asia Pacific region.
The MEA region holds the smallest market share in the global market. In this
region, the market is small and limited due to poor countries, lack of
awareness, lack of advanced medical facilities, low standard of medical
facilities, lack of education, lack of healthcare facilities, and most
governments not considering healthcare a priority.
Cell Viability Assays Market Players
- Thermo Fisher Scientific
- Merck KGaA
- Bio-Rad Laboratories
- G E Healthcare
- Danaher Corporation
- Becton, Dickinson and Company
- Promega Corporation
- Biotium
- Abcam plc
- Creative Bioarray
- Biotek Instruments
- PerkinElmer
among others are some key companies in the global Cell Viability Assays that
are listed by MRFR for market research.
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