Pharmaceutical Industry Reports Cell-based Assay Market | страница 2

REPORT DESCRIPTION
Cell-based Assay Market – Overview
Cell-based assay refers to experiments based on living cells and is an influential tool in the research lab. Cell-
based assays are vital for understanding cellular mechanism in a biological context as these assays provide
information about intracellular molecular targets. There are variety of assays used to measure motility, toxicity,
cell proliferation, production of a measurable product, and morphology.
Rapid growth in drug discovery is expected to increase the demand for cell-based assay as it is mainly used in
checking toxicity of drugs. For instance according to FDA’s Center for Drug Evaluation and Research (CDER) in
2016, CDER approves averagely 30 novel drugs per year and the development of novel drug discovery is
expected to increase in future. Many companies are involved in the drug discovery needs cell-based assay for
testing new drugs that is expected to boost the cell-based assay market in forecast period.
Since pharmaceutical market have become a billion-dollar business, many pharmaceutical and biotechnological
companies are adopting cell-based assay in order to reduce the chances of failure of batch which lead to a high
loss to company. Thus, the adoption of this method by companies is expected to fuel its market in near future.
However, high maintenance, need for skilled personnel and high-cost of operation for the cell based assays are
expected to hinder the market growth.