Market Analysis Report Global Cell-based Assays Market 2019 – 2023
Analysis of Cell-based Assays Market by 2023
A fresh report has been added to the wide database of
Business Industry Reports. The research study is titled “Cell-
based Assays Market” by Manufacturers, Countries, Type and
Application, Forecast to 2023 which provides important data
about the production, consumption, revenue and company
profiles for key industry participants.
Global Cell-based Assays Market Synopsis:
According to Market Analyst, The Global Cell-based Assays Market is expected to grow at an impressive
Compound Annual Growth Rate (CAGR) from 2019 to 2023.
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Cell-based assays encompass a variety of assays that measure cellular parameters such as cell toxicity,
proliferation, production of markers, activation of specific signaling pathways, motility, and changes in
morphology. These assays rely on reporter gene assays, which have high sensitivity owing to signal
amplification of cell-signaling cascades, and thus are ideal for miniaturization. Cell-based assays are
widely applied in high-throughput screening (HTS) formats.
Some of the significant factors driving the growth of the Global Cell-based Assays Market are increasing
incidence of chronic disorders, growing availability of funds for research, and increase drug discovery
research by the biopharmaceutical industries as well as contract research organizations.
The global Cell-based Assays Market can be segmented based on products, applications and geography.
Based on products, Market can be sub segmented into the consumables, instruments, services, and
software. The consumables segment is expected to dominate the market in 2017. The increasing
adoption of cell-based consumables by the key end users such as biopharmaceutical industries, contract
research organizations and academic and research institutions is an important driver of the
consumables segment in this market.
In the Application segment, Market can be divided into drug discovery, basic research, ADME studies,
predictive toxicology and other segments. In 2017, the drug discovery segment is expected to account
for the largest share of the cell-based assays market.