Market Research Analysis Live Cell Imaging Market Technological Advancement | Page 2

development in various imaging methodologies that are widely adopted in the sectors such as healthcare, food &
beverages, and environment sciences, are estimated to amplify market value of live cell imaging in the near future.
Increasing collaboration among private players and various research institutes & universities to produce innovative
products and co-develop advanced imaging techniques are expected to drive market growth in the years to come. For
instance, Northeastern University of Boston and Phase Holographic Imaging are recently co-developing Holo-Monitor
technology to manufacture a unique solution for cell analysis. In addition, rise in the number of mergers, acquisitions
and partnerships by industry players in order to strengthen their market position in the live cell imaging industry and
generate additional revenue are expected to fuel market growth in the upcoming years as well.
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The market is broadly categorized into three major types on the basis of products such as equipment, consumable,
and software used in live cell imaging. Equipment is considered as one of the fastest growing segment in the market
with the substantial revenue generation in the last couple of years. Growing popularity of the equipment segment in
attributed to the development of the innovative products and extensive research in the field. The equipment market
segment is divided into microscopes, cell analyzers, image capturing systems, and standalone systems. The
consumable market segment has also witnessed substantial market growth over the forecast period.
Recent technological advancement in the healthcare sector has led to development of the imaging cell technology for
spatial resolutions within a time range. Consumables market segment is increasingly playing vital role for optimization
of the yielded results. Additionally, enhanced optimal dye, probes, and medium are considered as critical for time-
lapse imaging, in which the cells are exposed for a longer duration of time. However, potency of cells might negatively
affect with wrong choice of medium.
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The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has
shown major growth in recent years owing to the rise in the adoption of latest technologies, increase in the healthcare
expenditure by local governments in the region, rise in the per capita income among general population, and existence
of well-established healthcare infrastructure.
European region is predicted to hold major market share in the live cell imaging market with massive growth in forecast
period. Countries such as France, U.K. and Germany are leading the European market with rising geriatric population,
growing demands for intensive research in chronic diseases such as cancer, neurodegeneration and cardiac diseases,
and significant investment by leading industry players considering potential growth opportunities in the region.