The cell-based assay market is estimated to grow at a CAGR of xx% over the forecast period. The rising preference for cell-based assays in drug discovery, increasing funding for cell-based research, and growth in the number of drug discovery activities are the key factors supporting the growth of the market.
Evolving economies, growing pandemic risk and communicable diseases and application of cell-based assay in oncology research area is assured to provide profitable growth opportunities to the players in this market. For instance, phenotypic screening approaches are again rising in popularity in the drug discovery business, there is a need for robust and efficient assays that enable the study of the nervous system. Phenotypic assays can be highly predictive for infectious and metabolic diseases, however, for more complex disease areas such as the nervous system and cancer, more effort needs to be placed in designing sufficient and accurate models and assays. Cell-based assays are now emerging, such as for pain sensitisation and also in the screening of clinical compounds to treat Alzheimer’s disease. It is hoped that the further development of these cell-based assays will open the door for phenotypic screening approaches in nervous system and pain drug discovery thus, bolstering the growth of the market.
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The report provides a profound understanding into the global cell-based assay market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the cell-based assay industry in any manner.
As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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Global cell-based assay market forecasts from 2020-2030
This report also breaks down the revenue forecast to 2030 for the global cell-based assay market by product, technology, application and end-user:
- Software & Services
- Automated Handling
- Flow Cytometry
- Label-Free Detection
- High-Throughput Screening
- Drug Discovery
- Basic Research
- ADME Studies
- Predictive Technology
- Pharma & Biotech Companies
- Academic Institutes
This report discusses the market trends and developments of each submarket.