Skip to main content

High Content Screening Products Market: Industry Analysis And Detailed Profiles Of Top Industry Players

North America is spearheading the growth momentum in the global High Content Screening Products Market. High-content screening (HCS), also known as high-content analysis (HC) or cellomics comprises of a set of analytical methods such as microscopy, multi-parameter image processing, and visualization tools to gather quantitative data from cell populations. High-content screening (HCS) finds application in biological research and drug discovery.

Rising thrust on cell-based research, increasing initiatives for drug discovery, and emergence of more sophisticated image analysis instruments are some of the factors that are having a positive influence on the global high-content screening (HCS) products market. Research organizations, pharmaceutical and biotechnology companies and academic and research institutes are the end-use segments in the market.


According to Transparency Market Research, the global high content screening products market will likely rise at a CAGR of 8.0% from 2017 to 2022 to become worth US$1.23 bn by 2022.

Here are the key insights into the global high content screening products market:

Government support across countries worldwide for cell-based research has been providing a major boost to the global high content screening products market. Other factors having an equally positive impact on the growth of the market are demand for improved technologies for cell research, emergence of sophisticated informatics solutions, and rising demand for better screening systems. Besides, pressing need to develop new drug molecules, demand for advanced cell-based imaging are also stoking the global high content screening products market.


The increasing instances of chronic diseases, namely HIV AIDS, epilepsy and Parkinson’s disease that require intensive treatment along with the growing requirement of determination and study of toxicity levels in the initial phases of drug discovery is also providing a boost to the market.

The different types of products available in the global high content screening products market are consumables, microplates, instruments, software, and service. Of them, the segment of consumables accounts for maximum market share. By rising at a CAGR of 8.3%, the segment will become worth US$486.6 mn in 2022.

Geographically, North America is the leading market which is expected to register a CAGR of 8.2% in the forecast period. Rising at this rate, the market which is worth US$271.4 mn now in 2017 will likely become worth US$402.1 mn in 2022. Rising prevalence of chronic diseases, large pool of elderly, various collaborations with research institutes, strategic mergers and acquisitions, and superior healthcare infrastructure have served to propel the market in the region.


In terms of contribution to revenue, Europe trails North America. It currently accounts for 25.8% revenue share in the global high content screening products market. This is mainly because of the substantial investments in healthcare and government regulations in the region. Vis-à-vis growth rate, Asia Pacific is projected to outpace all other regions. By the end of 2022, Japan high content screening products market is projected to reach US$ 113.1 mn, expanding at a CAGR of 7.8% over the forecast period.

Competitive Tracking

Some of the prominent participants in the global high content screening products market are Thermo Fisher Scientific, Molecular Devices, GE Healthcare, PerkinElmer Inc., Becton, Dickinson and Company, Thorlabs, Inc., Merck KGaA, Cell Signaling Technology, Genedata AG, and Yokogawa Electric Corporation. These companies are expending time and money in developing novel technologies to satisfy unmet medical needs. They are also focusing on mergers and acquisitions in order to expand their market share.


Comments

Post a Comment

Popular posts from this blog

Global Thin Wafer Processing and Dicing Equipment Market - A cutting-edge technology, industry survey and new business opportunities 2024

Global Thin Wafer Processing and Dicing Equipment Market: Overview Rising demand for three dimensional integrated circuit used extensively across various miniature semiconductor devices is one of the important factor anticipated to boost the demand for thin wafer processing and dicing equipment in the coming years. Three dimensional integrated circuit are increasingly adopted across various space constrained applications including portable consumer electronic devices, sensors, MEMS and industrial products as it increases the overall performance of the products in terms of speed, durability, low power consumption, light weight and memory. Moreover, three dimensional integrated circuit also helps to reduce the area of consumption in a printed circuit board and in turn enables extensive cost reduction. Thin wafer of thickness 20 um – 50 um is an integral part of the three dimensional integrated circuit technology. Thus, anticipated increasing demand for three dimensional integra...
1 comment
Read more

Data Science Platform Market Set to Witness Significant Growth in the Coming Years

Data Science Platform Market: Overview Big data, advance analytics and predictive modeling are now becoming indispensable part of business houses, who are striving to optimize decision-making and deliver value to customers. With rise in enormous data generated in various digital platforms and corresponding increase in use of various data analytics tool the phrase “data science platform” has been tossed around about a lot recently. Data science platforms are supposed to be an arena where plethora of various data scientists works are collected. In colloquial term, data science platform terms defines that it provides various algorithm integrated with analytical tools that help data analyst to cluster and explore data from varied sources, and further design and implement models. These models sought from data science platform helps in framing decisions and strategies. Data science platform assist wide array of various suite of tools that is being introduced subsequently implemented ...
Post a Comment
Read more

Harbor Management System Market: Market Scope and Size by Application

Harbor management software assists in maintaining the safety and security of vessels. Certain type of this harbor management software has a facility wherein it can trace vessels near the harbor within a specific range. The vessels can be viewed through graphics. This helps harbor managers in identifying if a vessel is in the wrong location or if the vessel’s location information is incorrect. Harbor management software assists in maintaining the safety and security of vessels. Certain type of this harbor management software has a facility wherein it can trace vessels near the harbor within a specific range. The vessels can be viewed through graphics. This helps harbor managers in identifying if a vessel is in the wrong location or if the vessel’s location information is incorrect. Through the graphical overview, harbor managers can also recognize if the vessels are moving toward each other, which can lead to a collision and can alert the vessels to divert their route a bit from t...
Post a Comment
Read more