Live Cell Imaging Market Research Report: Products (Equipment,
Consumables, Software), Technology (Fluorescence Recovery After Photobleaching
(FRAP), Others), Application (Drug Discovery, Cell Biology, Others), End-User –
Global Forecast Till 2023
Market Highlights:
Live Cell Imaging Market Size is a technique to study live cells with the help of images obtained with imaging systems such as microscopes and high content screening systems. Over the past few years, the adoption of high content screening techniques in drug discovery and cell biology has been continuously rising and so is growing the Live Cell Imaging Market Size.
As a result, live cell imaging is pervasively
gaining a considerable prominence, and its market is garnering colossal
accruals. Moreover, the factors such as the increasing prevalence of chronic
diseases and growing government funding in cell-based research are escalating
the market on the global heights.
Acknowledging the exponential accruals, the market
is witnessing currently, Market Research Future (MRFR), in its recently
published study report, asserts that the global Live Cell Imaging Market Size
will register nearly 9 % CAGR between 2018 -2023, garnering impressive growth
by 2023.
Additional factors driving the market growth
include the various applications of live cell imaging in the biotech and
pharmaceutical industry and the rising prevalence of cancer worldwide.
Furthermore, increasing approvals from regulatory bodies and spreading
awareness foster the market growth.
The increasing number of research activities in the
pharmaceutical manufacturing and bioscience defines the augmented demand for
live cell imaging and its increasing market size.improving economic conditions,
worldwide, are propelling the market growth, enabling access to the quality,
and improved health care.
On the flip side, factors such as the lack of
availability of skilled professional and the prohibitive costs associated with
the high-content screening systems are some of the primary factors that are
impeding the market growth. Nevertheless, the support rendered by developed
countries in terms of funding and well-established market players is projected
to support the market growth.
Global Live Cell Imaging Market Size- Segments:
By Products: Equipment, Consumables, and Software
By Technology: Fluorescence Resonance Energy Transfer, Fluorescence Recovery After
Photobleaching, High-Content Analysis, Ratiometric Imaging, Fluorescence in
Situ Hybridization, Total Internal Reflection Fluorescence Microscopy, and
Multiphoton Excitation Microscopy among other Technologies.
By Application: Cell Biology, Stem Cells, Developmental Biology, and Drug Discovery
among others.
By End-user: Pharmaceutical Companies, Biotechnology Companies, Hospitals, and
Diagnostic Laboratories among others.
By Regions:
Europe, North America, APAC and Rest-of-the-World.
Global Live Cell Imaging Market Size- Regional Analysis:
The North American region dominates the global Live Cell Imaging Market Size with substantial investments made into R&D activities in the biotech and pharmaceutical sectors. Furthermore, factors such as the existing well-established healthcare system, the increasing prevalence of cancer cases, and technological advancements drive the market growth in the region.
Also, high capitalization in imaging systems as
well as intensive research and development to improve the imaging quality and
data functionality foster the market growth. Strong economic conditions in the
region fuel the market growth, allowing funding required for research and
development. Moreover, the presence of giant players is impacting the
market growth in the region, positively.
The European region heading with the increased
focus on research and development, especially in the biotechnology sector,
accounts for another lucrative market for live cell imaging. Factors such as
the government funding support for R&D expenditure and rising prevalence
chronic diseases are expected to drive the European Live Cell Imaging Market
Size. Also, the presence of some of the notable players such as Leica
Microsystems, Carl Zeiss AG, and GE Healthcare facilitates the market growth in
the region.
The Asia Pacific Live Cell Imaging Market Size is
rapidly emerging as a promising market. The increasing number of research
labs define the market landscape in the region. Also, rapidly improving
economic conditions in the region alongside the growing cancer research
activities and developing healthcare technology provide impetus to market
growth in the region.
Japan among other APAC countries accounts for
the largest market for live cell imaging due to the increase in the prevalence
of cancer and demand for live cell imaging techniques. Whereas, in China,
factors such as rising geriatric population with chronic diseases and the
availability of low-cost diagnostic and treatment options drive the market
growth.
Global Live Cell Imaging Market Size- Competitive
Analysis:
The competitive market of live cell imaging appears fragmented owing to the many large and small players along with the new entrants churning the competition. Due to the high growth potential and demand in the market; players also plan to increase production of the products used in the cell culture.
The competitive market of live cell imaging appears fragmented owing to the many large and small players along with the new entrants churning the competition. Due to the high growth potential and demand in the market; players also plan to increase production of the products used in the cell culture.
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