The latest report by IMARC Group, titled “Cell-based Assay Market Report by Product and Services (Consumables, Instruments, Services, Software), Technology (Automated Handling, Flow Cytometry, Label-Free Detection, High-Throughput Screening, and Others), Application (Drug Discovery, Basic Research, ADME Studies, Predictive Toxicology, and Others), End-User (Pharmaceutical and Biotechnology Companies, Academic and Government Institutions, Contract Research Organizations, and Others), and Region 2024-2032,” finds that the global cell-based assay market size reached US$ 22.5 Billion in 2023. Cell-based assay or cellular assay is an analytical method to determine the concentration of a substance by observing its effects on living organisms (in vivo) or tissues (in vitro). It provides a closer representation of the real-life model, which helps to verify the biological activity of drugs and determine whether the antibodies produced by the patient are neutralizing the drug. Owing to these properties, cell-based assays are widely adopted in biomedical research and drug-discovery screening for gene activation, cell signaling, cell proliferation, antibody-dependent cellular cytotoxicity (ADCC), complement-dependent cytotoxicity (CDC), apoptosis, and necrosis.
Global Cell-Based Assay Market Trends:
The market is primarily driven by the growing prevalence of chronic disorders such as cancer, diabetes, and cardiovascular diseases. Nowadays, cell-based assays are widely used for screening mutagenesis in chronic myeloid leukemia. In addition, the rising adoption of cell-based assays in drug discovery represents another major growth-inducing factor. Besides this, with various technological advancements, researchers are using this technique for high throughput screening methods like toxicity studies, drug screening, and in vitro testing. This, coupled with extensive research and development (R&D) activities conducted by the leading players to formulate safer drugs, is propelling the market growth. Moreover, the introduction of 3D and label-free cell-based assays, the rising number of drug discovery companies, and huge investments in cell-based research activities are some of the other factors creating a favorable market outlook across the globe. Looking forward, IMARC Group expects the market value to reach US$ 42.9 Billion by 2032, exhibiting a CAGR of 7.2% during the forecast period (2024-2032).
Market Summary:
- Based on the product and services, the market has been classified into consumables (reagents and media, cells and cell lines, and probes and labels), instruments (microplates, microplate readers, high throughput screening, and liquid handling systems), services, and software. Amongst these, consumables exhibit a clear dominance in the market.
- On the basis of technology, the market has been categorized into automated handling, flow cytometry, label-free-detection, high throughput screening, and others.
- Based on the application, the market has been segregated into drug discovery, basic research, ADME studies, predictive toxicology, and others. At present, drug discovery accounts for the majority of the global market share.
- On the basis of the end user, the market has been segmented into pharmaceutical and biotechnology companies, academic and government institutions, contract research organizations, and others.
- Region-wise, North America holds the leading position in the market. Other major regions include Europe, Asia Pacific, Middle East and Africa, and Latin America.
- The competitive landscape of the market has been studied in the report, with some of the key players being Becton Dickinson and Company, Global Life Sciences Solutions USA LLC (DBA Cytiva), Thermo Fisher Scientific Inc., Merck Group, Perkinelmer Inc., Charles River Laboratories Inc., Lonza Group Ltd., Cell Signaling Technology Inc., Promega Corporation, Cell Biolabs Inc., Eurofins DiscoverX Corporation, Bio-Rad Laboratories Inc., Corning Inc. and F. Hoffmann-La Roche AG (Roche Holding AG).
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Segment Coverage |
Product and Services, Technology, Application, End-User, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Companies Covered |
Becton Dickinson and Company, Global Life Sciences Solutions USA LLC (DBA Cytiva), Thermo Fisher Scientific Inc., Merck Group, Perkinelmer Inc., Charles River Laboratories Inc., Lonza Group Ltd., Cell Signaling Technology Inc., Promega Corporation, Cell Biolabs Inc., Eurofins DiscoverX Corporation, Bio-Rad Laboratories Inc., Corning Inc. and F. Hoffmann-La Roche AG (Roche Holding AG). |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter : @imarcglobal