High End Cellomics Market Is Anticipated To Witness High Growth Owing To Rising Adoption Of Advanced Microscopy Techniques
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High End Cellomics Market |
The high end cellomics market is primarily driven by the increasing adoption of advanced microscopy techniques across various industry verticals such as pharmaceutical and biotechnology, academic institutes, and diagnostic labs. In the life sciences industry, cellomics techniques have generated immense interest, as they can characterize cells at a high resolution and obtain quantitative details through techniques like high-content screening.
The Global High End Cellomics Market is estimated to
be valued at US$ 4.5 Mn in 2024 and
is expected to exhibit a CAGR of 7.1%
over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the high end cellomics market are AFG Industries,
Asahi Glass Company (AGC), AYG Coating Glass Co. Ltd., Cardinal FG, Gold Plus
Glass, Guardian Industries, HNG Group, Jinjing Group, NSG Group, Pilkington,
PPG Industries, Saint-Gobain, Sejal Float Glass, Shanghai North glass
Technology & Industry Co. Ltd., and Zhejiang Glass Company Limited. These
players are focusing on new product launches and strategic collaborations to
expand their share in the market.
Some of the major opportunities in the High End Cellomics Market Demand include increasing R&D
investments for development of novel imaging techniques and reagents.
Additionally, rising government funding for cell-based research will further
aid the market growth over the forecast period.
The key players in the market are focusing on global expansion through
acquisitions and partnerships with regional players. For instance, in 2022, AGC
partnered with Evonik to provide advanced microscopy and analysis services to
life science customers across Europe and Asia Pacific. Similarly, NSG Group
acquired a majority stake in Shenzhen-based Solbian Glass Co to strengthen its
presence in China and Southeast Asia.
Market Drivers
Growing investments by pharmaceutical and biotechnology companies in drug
discovery: The increasing R&D expenditure on novel drug discovery is
raising demand for cellomics techniques to understand disease pathways at a
cellular level. This is a major growth driver for the market.
Technological advancements in microscopy: Continued innovations are helping
improve resolution, throughput, and compatibility of cellomics platforms with
various sample types. Introduction of superresolution, multimodal, and
high-throughput microscopes is boosting the market growth.
Market Restrain
High costs associated with cellomics instruments and services: The high end
cellomics platforms have significant pricing owing to their complex optics,
semiconductor technologies, and image analysis software used. This high cost of
ownership poses a major challenge for small labs and research institutes.
Segment
Analysis
The high end cellomics market is dominated by the life sciences sub segment.
The life sciences sub segment accounts for over 60% of the market share as
cellomics tools find widespread usage in biomedical research, drug development
and precision medicine. Cell analysis is crucial in understanding cellular
pathways, developing disease models and furthering medical research. The
advanced imaging capabilities and high throughput screening enabled by high end
cellomics platforms make them an indispensable part of life sciences workflows.
Global Analysis
North America is currently the largest and fastest growing regional market for
high end cellomics. Availability of funding for research, presence of key
industry players and advanced research infrastructure are some factors contributing
to North America's dominance. It accounts for more than 35% of the global
market revenue. The Asia Pacific region is poised to be the fastest growing
regional market during the forecast period due to increasing government
investments in healthcare and life sciences sectors, booming biomedical
industry in countries like China and India and growing R&D activities in
academic institutes and pharmaceutical companies in the region.
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End Cellomics Market
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