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(IT-NEWSWIRE.COM, November 17, 2017 )
Cell based Assay are the analytical techniques to determine the different parameters such as biochemical or cellular functions of a living cell. Cell based Assay are used in the research of new drugs by using functional cells as diagnostic tools. The cell based Assay are commonly used to measure motility, toxicity, cell proliferations, enzyme activity, and morphology in the diagnostics and drug discovery. Cell based Assay are carried in several therapeutic areas such as cancer, stem cells, immunology, and others.
Cell based assay are increased at a significant CAGR owing to rise in funding and investment for the R&D activities. Increase in the prevalence and incidence of chronic diseases such as cancer, drug discovery, increase in the government expenditure, and rise in the adoption of cell-based consumables by various organizations might fuel the cell based assay market over the forecast period. Moreover, the rise in demand for biological drugs, increase the preference for toxicity screening in drugs, and reduction of cost associated with the drug discovery expected to boost the cell based assay market. However, lack of skilled professionals for conducting the cell based assays, high cost of the instruments, and stringent regulatory policies might hinder the growth of cell-based Assay market.
A sample of this report is available upon request @ <||>rnhttps://www.precisionbusinessinsights.com/market-reports/global-cell-based-assay-market/#ulp-4H8Z4LpNMLEuOnnx
Cell based assay market segmented based on the product type, application, and end user
Based on the product type, cell based assay market segmented into the following:
Consumables
Assay kits
Reagents
Cell growth assay
Reporter gene assay
Immortalized cell lines
Stem cell lines
Primary cell lines
Others
Based on the application, cell based assay market segmented into the following:
ADME studies
Basic research
Predictive toxicology
Drug discovery
Other
Based on the end user, cell-based Assay market segmented into the following
Diagnostic centres
Hospitals
Biopharmaceutical companies
Contract research organizations
To view TOC of this report is available upon request @https://www.precisionbusinessinsights.com/market-reports/global-cell-based-assay-market/#ulp-c654SbFYO64MsOhu
The cell based assay market is in developing stage owing to increase in research and development for new drugs. Increase in the prevalence of various cancer diseases and immunological disorders also expected to propel the market growth. Collaborations, acquisitions & merging, and launch of new products are some of the key strategies followed by the players to increase market share. For instance, in November 2016, Axiogenesis collaborated with Metrion Biosciences Ltd to optimise, validate, and commercialize iPSC derived cell based Assay for the new drug discovery. Investment from various companies for the R&D activities and entry of start-up companies into the market also bolster the cell based Assay market growth.
Need more information about this report @ <||>rnhttps://www.precisionbusinessinsights.com/market-reports/global-cell-based-assay-market/#ulp-14mlyhjMGhVjZqa3
Geographically, cell based assay market is segmented into, Asia Pacific, North America, Latin America, Europe, and Middle East and Africa. North America expected to hold a major share in cell based assay market owing to increase in the prevalence of chronic diseases such as cancer, rise in funding for the R&D activities, developed healthcare infrastructure, and innovation of novel drugs might propel the market growth. Europe holds a significant share in cell based assay market attributed to increase in the prevalence of chronic diseases such as cancer and immune disorders, change in life style, increased healthcare expenditure, and increase in the focus of biopharmaceutical companies on the innovation of new products. Asia Pacific region is expected to grow at a significant rate due to increased investment by pharmaceutical companies, rise in healthcare expenditure, and increase in the development of new drugs might bolster the cell based assay market over the forecast timeframe.
Some of the players in cell based assay market are PerkinElmer Inc. (U.S.), GE Healthcare (U.K), ProQinase GmbH (Germany), Danaher Corporation (U.S.), Essen BioScience Inc. (U.S.), Lonza Group (U.S.), Thermo Fisher Scientific Inc. (U.S.), Abenex Capital SA (France), Axiogenesis AG (Germany), and Metrion Biosciences Ltd. (U.K.) to name a few.
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Precision Business Insights is one of the leading market research and business consulting firm, which follow a holistic approach to solve needs of the clients. We adopt and implement proven research methodologies to achieve better results. We help our clients by providing actionable insights and strategies to make better decisions. We provide consulting, syndicated and customised market research services based on our client needs.
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Kemp House,
152 160 City Road,
London EC1V 2NX
Email: sales@precisionbusinessinsights.com
Toll Free (US): +1-866-598-1553
Website @ https://www.precisionbusinessinsights.com
About Precision Business Insights
Precision Business Insights is one of the leading market research and business consulting firm, which follow a holistic approach to solve needs of the clients. We adopt and implement proven research methodologies to achieve better results. We help our clients by providing actionable insights and strategies to make better decisions. We provide consulting, syndicated and customised market research services based on our client needs.
Contact to Precision Business Insights,
Kemp House,
152 160 City Road,
London EC1V 2NX
Email: sales@precisionbusinessinsights.com
Toll Free (US): +1-866-598-1553
Website @ https://www.precisionbusinessinsights.com
Precision Business Insights
Sales
+1-866-598-1553
sales@precisionbusinessinsights.com
Source: EmailWire.Com 
Source: EmailWire.com
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