Cell-Based Assay Market worth $14.8 Billion by 2018
DALLAS, May 7, 2014
DALLAS, May 7, 2014 /PRNewswire/ --
According to new market research report the" Cell-Based Assays Market by
Product (Reagents & Assay Kits (Cytotoxicity, GPCR), Cell lines, Plate
Readers, HCS, HTS, Software & Assay Development Services), Application (Drug
Discovery, ADMET), End-user (Pharmaceutical, CRO) - Global Forecast to 2018 ",
published by MarketsandMarkets, The global Cell-Based Assay Market is poised
to reach $14.8 Billion by 2018, at a CAGR of 11.1%.
Browse 88 Market Data Tables and 19 Figures spread through 243 Pages and
in-depth TOC on " Cell-Based Assays Market "
Early buyers will receive 10% customization on this report.
This report studies the global cell-based assays market over the forecast
period of 2013 to 2018.
The major market propellants for cell-based assays are benefits of cell-based
assays over biochemical assays and animal models and public-private
partnerships for drug discovery. The growth market is also driven by
continuous innovations and developments in the market aimed at higher
The opportunities for the growth of this market include developments in
emerging markets such as Asia, introduction of technologically advanced
products, and increase need of toxicity screening. However, factors such as
intellectual property rights are restricting innovation in the market and
hence hindering growth. The optimization of assay for cell-based assay is
still a challenge while complexity of HTS assays and assay standardization and
validation is still an unmet need. However, some revolutionary platforms like
label-free technology, 3D assays, induced pluripotent stem cells are expected
to gain traction in future.
This research report categorizes and analyzes the global Cell-Based Assay
Market on the basis of products, applications, end-users and geography in the
cell-based assay market. All these markets are further divided into segments
and sub-segments, to provide exhaustive value analysis for the years 2011,
2012, 2013, and forecast to 2018. Based on the cell-based assay product type,
consumables (assay kits, reagents, microplates, cell lines), detection and
screening instruments, automation and high throughput screening instruments,
software and services form the overall cell-based assay market. Under
applications market for cell-based assay drug discovery, ADME studies,
predictive toxicology and basic research are covered. The end-users market
covers academic and government institutions, pharmaceutical and biotechnology
companies, and contract research organizations.
North America accounted for the largest market share of the cell-based assay
market, followed by Europe, in 2013. However, Asia presents significant
opportunities for investors as the developed markets get saturated.
The major players included in this report are 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.), and Promega
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Cell Analysis Market by Instruments (Flow Cytometer, Microscope,
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