Cell-Based Assays Market estimated worth 18,329.37 Million USD by 2020

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MarketsandMarkets Presents
Cell-based Assays Market- India and China to
offer significant growth opportunities
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The report Cell-based Assays Market by Product
(Cell Lines, Reagents, Kits, Instruments,
Software, Services), Applications (Research, Drug
Discovery, ADME Studies, Toxicology), End User
(Pharmaceutical Companies, Academics, CRO),
Region - Global Forecast to 2020 The report
provides a detailed overview of the major
drivers, restraints, opportunities and trends
impacting the global cell-based assays market
along with the estimates and forecasts of the
revenue and market share analysis. Browse 74
market data tables 87 figures 169 pages and
in-depth TOC on "Cell-based Assays
Market Download The PDF Brochure_at_ http//www.mar
ketsandmarkets.com/pdfdownload.asp?id119917269 T
he global cell-based assays market is expected to
reach USD 18,329.37 Million by 2020 from USD
10,799.53 Million in 2015, growing at a CAGR of
11.16 between 2015 and 2020.
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Based on products the cell-based assays market is
segmented into consumables, instruments, services
and software. Consumables are further classified
as reagents and assay kits, cell lines, micro
plates. Cell-based assays have a broad range of
applications in basic research, drug discovery
and ADME studies. Speak to Analyst_at_ http//www.m
arketsandmarkets.com/speaktoanalyst.asp?id1199172
69 It have vital role in the pharmaceutical and
biotechnology companies, academic institutions,
and CROs for these applications. The major driver
for this market is the widespread use of
cell-based assays in drug discovery processes.
Based on geography the global market is segmented
into North America, Europe, Asia and Rest of the
World (RoW).
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However, high cost of instruments and
intellectual property issues are the major
factors restraining the growth of this market.
Asian region offers large opportunities in this
market due to growing RD spending. Emerging
economies are making huge investments in RD as
opportunities in basic research and drug
discovery are big and growing very rapidly. It is
the fastest growing area of the industry. The
demand for life science products in emerging
Asian nations such as China and India is growing
at a robust rate compared to developed countries.
The Asian markets, especially China and India,
have a large number of CROs that offer drug
discovery services to serve pharmaceutical and
biotechnology companies which ultimately drives
cell-based assays market.
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The top leaders in cell-based assays market
include Becton, Dickinson and Company (U.S.),
Merck Co, Inc. (U.S.), Danaher Corporation
(U.S.), Thermo Fisher Scientific, Inc. (U.S.),
PerkinElmer, Inc. (U.S.), Cell Signaling
Technology, Inc. (U.S.), Cisbio Bioassays
(France), DiscoveRx (U.S.), General Electric
Company (U.S.), and Promega Corporation (U.S.).
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