Cell-based Assays Market

Thermo Fisher Scientific, Inc. (US) and Danaher Corporation (Beckman Coulter, Inc.) (US) are the Leading Player in the Cell-based Assay Market

The cell-based assays market is projected to reach USD 22.0 billion by 2025 from USD 14.9 billion in 2020, at a CAGR of 8.1% during the forecast period. The growth of this market is mainly driven by growing preference for cell-based assays in drug discovery, increasing funding for cell-based research, and growth in the number of drug discovery activities.

The prominent players operating in the cell-based assays market are Danaher Corporation (US), Thermo Fisher Scientific (US), Merck KGaA (Germany).

To know about the assumptions considered for the study download the pdf brochure

Danaher was the leading player in the cell-based assays market in 2019. The company offers a wide range of instruments and consumables used in cell-based assays. The company focuses on product launches to leverage growth opportunities in the cell-based assays market. Some recent launches include ImageXpress Micro Confocal High-Content Imaging System (2020), FLIPR Penta High-Throughput Cellular Screening System (2019), SpectraMax ABS and ABS Plus Microplate Readers (2018), and ImageXpress Pico Automated Cell Imaging System (2018). The company’s strong presence and wide distribution channels across the globe also have helped it to maintain a leading position in the market.

Thermo Fisher Scientific is the second-largest player in this market with a share of 14–15% in 2019. Its strong market position can be attributed to its established brands such as Invitrogen, EVOS, CellInsight, and a robust product portfolio for the cell-based assays market. To maintain its position in the cell-based assays market, the company adopts organic and inorganic growth strategies such as product launches, agreements, and acquisitions. In 2020, Thermo Fisher Scientific acquired Phitonex (US), a spectral dye platform manufacturer that enabled Thermo Fisher to offer greater flow cytometry and imaging multiplexing capabilities in protein and cell analysis research.

Related Reports:

Cell-based Assays Market by Product & Service (Reagents, Microplate, Cell Lines, Assay Kits, Instrument & Software, Services), Application (Drug Discovery, Research), End User (CROs, Pharmaceutical Companies, Research Institutes) - Global Forecast to 2025

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Cell-based Assays Market Size,  Share & Growth Report
Report Code
BT 2486
RI Published ON
3/19/2021
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
GET A FREE SAMPLE

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

SEND ME A FREE SAMPLE
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2022 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status