(PharmaNewsWire.Com, October 18, 2017 ) The Middle-East and Africa Cell Based Assay Market was worth USD 0.74 billion in 2016 and estimated to be growing at a CAGR of 11.02%, to reach USD 1.24 billion by 2021.
Cell-based assays have a broad range of applications in basic research, drug discovery and ADME studies. It have vital role in the pharmaceutical and biotechnology companies, academic institutions, and CROs for these applications. Cell based assays provide precise representation of the real-life model and advantage of a dynamic experiment through monitoring the behaviour of the live cells. Cell based assays are highly used in drug discovery and toxicity testing.
The major driver for this market is the widespread use of cell-based assays in drug discovery processes. Cell based assays market is in an emerging state mainly due to increase in activities like drug discovery, government expenditure and technological advancement. Conversely, high cost associated with the instruments and process, lack of skilled professionals and rigid intellectual property rights are major factors restraining the market growth.
The Middle-East and Africa cell based assay market is segmented on the basis of type of product into Cell Lines, Assay Ready Kits, Cell Culture Kits, Reagents & Consumables and Ligands & Inhibitors. Cell Lines segment is further divided into Primary Cell Lines, Stem Cell Lines and Immortalized Cell Lines. On the basis of technology, market is segregated into Automated Handling, Flow Cytometry, Label-Free Detection, High Content Screening and High Throughput Screening. Based on application market is bifurcated among Drug Discovery and ADME Research. By End User type, segmentation is among Academia, Biotechnology, Pharmaceuticals and CRO.
Based on geography the market is analysed under various countries namely, Middle-East and Africa. Middle-East is leading the market and Africa is estimated to grow at highest CAGR in the forecast period.
The top leaders in cell-based assays market include Thermo Fisher Scientific Inc., Becton, Dickinson and Company, Merck & Co. Inc., Cell Signalling Technology Inc., PerkinElmer Inc., Danaher Corporation, General Electric Company, Cisbio Bioassays, DiscoveRx, Ametek Inc., Bio-Rad Laboratories, Roche Diagnostics, GE Healthcare and Promega Corporation.
Market Segmentation
1) Type of Product Introduction Cell Lines Primary Cell Lines Stem Cell Lines Immortalized Cell Lines Assay Ready Kits Cell Culture Kits Reagents & Consumables Ligands & Inhibitors Y-o-Y Growth Analysis, By Type of Product Market Attractiveness Analysis, By Type of Product Market Share Analysis, By Type of Product
2) Technology Introduction Automated Handling Flow Cytometry Label-Free Detection High Content Screening High Throughput Screening Y-o-Y Growth Analysis, By Technology Market Attractiveness Analysis, By Technology Market Share Analysis, By Technology
3) Application Introduction Drug Discovery ADME Research Y-o-Y Growth Analysis, By Application Market Attractiveness Analysis, By Application Market Share Analysis, By Application
4) End User Introduction Academia Biotechnology Pharmaceuticals CRO Y-o-Y Growth Analysis, By End User Market Attractiveness Analysis, By End User Market Share Analysis, By End User
Reasons to buy Middle-East and Africa Cell Based Assay Market Research Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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