Cell Surface Markers Market is Expected to Reach USD 23.03 Billion Globally in 2019: Transparency Market Research

Cell Surface Markers Market is Expected to Reach USD 23.03 Billion Globally in
                      2019: Transparency Market Research

  PR Newswire

  ALBANY, New York, August 26, 2013

ALBANY, New York, August 26, 2013 /PRNewswire/ --

According to a new market report published by Transparency Market Research (
http://www.transparencymarketresearch.com ) " Cell Surface Markers Market - 
Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013  - 
2019 , " the global cell surface markers market was valued at USD 13.2 billion
in 2012 and is expected to grow at a CAGR of 8.1% from 2013 to 2019, to reach
an estimated value of USD 23.03 billion in 2019.

Browse the full report at 

Cell surface markers are expressed on the surface of cells and function as
identifiers of certain type of cells. The presence of cell markers also
assists in the determination of cell type expression of specific receptors
vital for biological response. Cell surface marker analysis is also essential
in determination of experimental drug or ligand response. Rapid development in
healthcare technology, growing preference for reduction of healthcare
expenditure by lowering the cost of diagnosis, reduction in the risk of
misdiagnosis, rapid and efficient decision making for therapies for specific
diseases are some of the major factors which support the growing acceptance of
cell surface marker analysis worldwide.

On the other hand, complexity of high-end flow cytometers and high cost of
reagents, controls and analysis systems result into lowering the adoption of
sophisticated cell marker analysis solutions, particularly in economically
lagged countries. Increased market consolidation, simplification of analysis
products, cost containment of such products and introduction of cheaper
products in less developed markets are the major market strategies which are
being adopted by the existing and emerging market players to sustain the cell
surface markers market.

The global cell surface markers market can be categorized into instruments and
reagents, kits and controls used for cell marker analysis. Flow cytometers and
hematology analyzers are the prime cell marker analysis equipment used. Flow
cytometry is the most prominently used tool for cell marker analysis.
Availability of a wide range of flow cytometers and their efficacy in both
research and drug discovery are the major factors driving the demand for flow
cytometers. It is expected that the global market for flow cytometers will
grow at a CAGR of more than 8% from 2013 to 2019 with a cumulative installed
base of approximately over 85,000 units by 2019.

Disease diagnosis and identification and research and drug discovery are the
two prime application areas of cell surface marker analysis. Cell markers
analysis is essential in drug discovery and its use in R&D by pharmaceutical
manufacturers and researchers widespread. Thus in terms of allocations, drug
discovery and research segment is expected to dominate the global cell surface
markers during the given period of forecast.

Geographically, North America is the dominant regional market for cell surface
markers with almost half of the market share. Emerging countries of
Asia-Pacific, Latin America and Middle-East are expected to undergo rapid
market growth by 2019. Improvement in healthcare infrastructure and growing
preference for safer and easier targeted therapies are the major factors which
will fuel the market growth in these regions.

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The cell surface markers market is highly fragmented and consists of many
large and small players. The competition in this market is characterized by
market consolidation activities, partnerships and intensive mergers and
acquisitions. Some of the major companies in the cell surface markers market
include Abbott Laboratories, Beckman Coulter, BD Biosciences, Bio-Rad, Seimens
Healthcare, Nihon Kohden Corporation, Sysmex Corporation and Roche

The global cell surface markers market is segmented as follows:

Cell Surface Markers Market, by Instruments and Reagents

  *Flow Cytometers
  *Hematology Analyzers
  *Reagents and Kits

Cell Surface Markers Market, by Applications

  *Disease Diagnosis and Identification
  *Research and Drug Discovery

Cell Surface Markers Market, by Geography

  *North America
  *Rest of the World (RoW)

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