Press Release

Cell-Based Assays Market to grow at 16.6% CAGR by 2026

April, 2021

" COVID-19 Impact on Cell-based assays market, size, share, growth, industry analysis and forecast 2020-2026 "

Cell-based assays end-users superior tools for drug discovery applications and a high rate of production of screening. Cell-based assays mainly carry biologically applicable information to forecast a drug's reaction on an organism by estimating the effects of a compound on cell viability, cell proliferation, or cytotoxicity, which results in cell death.

The noteworthy developments of the cell-based assay, innovations in technologically advanced products, and the requirement of reducing the costs compared with drug discovery are projected to drive the market for cell-based assays. Also, increasing research and development expenditure on research, their rising drug discovery execution, and automation improvements are few other key factors propelling the global cell-based assays market growth. Another significant factor catalyzing the market's development is the increasing incidence of lifestyle-associated diseases that have yet to have high unfulfilled requirements, leading to continuous investment in R&D.

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Factors including the contribution of the developing countries in the APAC region, technological advancements including 3D cell-based assays, rising demand for toxicological examining of screened compounds in drug discovery, and the various application of cell-based assays generate a wide opportunities for the manufacturers in the global cell-based assays market.

The Cell-Based Assays Market research report titled "Cell-Based Assays Market based on Product & Service, Application, End User and Geography – Global Forecast up to 2026."

Few leading players in the market are Becton, Dickinson and Company, Charles River Laboratories, Inc., Cell Signaling Technology, Inc., Danaher Corporation, Thermo Fisher Scientific Inc., 

North America has a major contribution in the market, whereas the Asia Pacific is anticipated to grow at the highest rate. This is due to the growing investments in research and developments by the government and rising infrastructural development.

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The report consists of 101 Tables and 68 charts depicting the in-depth market study and the impact analysis of COVID-19. Detailed segmentation covered in the report is given below.

Cell-Based Assays Market based on Product & Service

  • Consumables
  • Reagents
  • Assay Kits
  • Probes & Labels
  • Microplates
  • Cell Lines
  • Instruments
  • Services

Cell-Based Assays Market based on Application

  • Drug Discovery
  • Basic Research
  • Other Applications

Cell-Based Assays Market based on End-User

  • Pharmaceutical & Biotechnology Companies
  • Academic & Government Institutes
  • Contract Research Organizations

Cell-Based Assays Market based on Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of World

Mr. Karthick Subramani

Infoholic Research LLP

Marketing & Communication