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| Cell-Based Assays Market |
Cell-based assays are commonly used analytical tools to
measure the cell proliferation, viability, cytotoxicity, production and screening
of compounds. Owing to the rise in cases of chronic disorders and increasing
inclination of the government organizations and private firms funding in the
health sector, there has been a consistent high demand of new therapeutic drug
discovery. In this regard, the cell-based assays have advantage over the
conventional animal based models for drug discovery.
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The global cell-based
assays market is anticipated to grow on account of rise in the
incidence of chronic diseases, increasing public and private intervention in
the area of research and development, inclination towards cell-based assays
over traditional biochemical assays, and a sustained increase in the drug
discovery activity.
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According to the Centers for Disease Control and Prevention, 7 out of ten
causes of death were due to chronic ailments, in 2014. Additionally, the
cell-based assay techniques have many advantages over conventional methodology.
The continuous advancement in technological products under cell-based assay
along with their cost effectiveness are the major drivers of the growth of
global cell-based assays market.
Geographically, North America has been the largest region in the global
cell-based assays market, mainly attributable to the high public and private
funding in the research and development field of cell-based assays market.
North America is expected to remain the largest market in the global market
during the period 2017 – 2023, followed by the Europe. Asia-Pacific is expected
to witness the highest growth during the forecast period with, countries such
as China, Japan and India expected to be the growing centers of the cell-based
assay market in the region.
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Some of the major players operating in the global cell-based assays market
include Merck KGaA, Becton, Dickinson and Company, Promega Corporation, Danaher
Corporation, GE Healthcare, Thermo Fisher Scientific Inc., Cell Signaling
Technology, Inc., BioTek Instruments Inc., Lonza Group, ProQinase GmbH, Charles
River Laboratories Inc, Cisbio Bioassays, Miltenyi Biotec, Cell Biolabs, Inc.,
DiscoverX Corporation, BioAgilytix Labs., Enzo Life Sciences, Inc.,
Aurelia Bioscience Ltd., Selexis SA, and QGel SA.
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