Live Cell Imaging Market Research Report 2019 | Global Trends, Size, Top Company Profiles, Emerging Technologies, SWOT Analysis By 2023
May 8, 2019
Global 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
pune, India - May 8, 2019 /MarketersMedia/ —
Global Live Cell Imaging Market Overview
Live cell imaging is a technique that enables the studying of live cells using images clicked using microscopes and high content screening systems. Over recent years, the adoption of high content screening techniques in the domains of drug discovery and cell biology has seen a drastic upscale, contributing positively to the growth of the live cell imaging market. Hence, the live cell imaging market is pervasively gaining prominence through the forecast period of 2018-2023. MRFR, in their latest study, have observed that the global live cell imaging market is expected to garner a 9% CAGR during the forecast period.
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Some additional factors fueling the growth in LCI market include the wide scope of applications of live cell imaging in the healthcare, biotech, and pharmaceutical industries and the growing prevalence of cancer across the globe. Moreover, an increase in the number of approvals received from regulatory bodies and rising awareness is promoting the live cell imaging market to accrue considerable growth. Furthermore, a rise in the number of research activities in the pharmaceutical manufacturing and bioscience is also augmenting the global LCI market through the review period. Simultaneously, improvements are observed in the economic conditions across the globe, enabling access to qualitative healthcare services, hence, snowballing the growth in live cell imaging market.
Key Players
The global live cell imaging market boasts a presence of many noteworthy players including
Leica Microsystems
Olympus Corporation
Carl Zeiss AG
Nikon Corporation
Molecular Devices
Sigma-Aldrich Corporation
GE Healthcare
Becton, Dickinson and Company
PerkinElmer
BioTek Instruments
Danaher Corporation
Thermo Fisher Scientific
Market Segmentation
The global live cell imaging market has been segmented on the basis of products, technology, application, end-user, and region. Based on products, the LCI market is segmented into equipment, consumables, and software. Based on technology, the global LCI market is segmented into fluorescence resonance energy transfer, fluorescence recovery after photobleaching, high-content analysis, ratiometric imaging, fluorescence in situ hybridization, multiphoton excitation microscopy, and total internal reflection fluorescence microscopy.
Based on application, the global live cell imaging market is segmented into stem cells, cell biology, developmental biology, and drug discovery. Based on end-users, the global LCI market is segmented into pharmaceutical companies, biotechnology companies, diagnostic laboratories, and hospitals.
Detailed Regional Segmentation
The global live cell imaging market is segmented into Europe, North America, Asia Pacific, and Rest of the World. North America is projected to spearhead the global live cell imaging market during the forecast period. Such domination can be accredited to substantial investments made in the R&D activities in the biotech and pharmaceutical sectors. Additionally, existing well-established healthcare system, increasing prevalence of cancer cases, and technological advancements are also promoting exponential growth to the LCI market.
Europe is estimated to be driven due to an increased focus on the research and development to enhance the imaging quality and data functionality, pushing the live cell imaging market. Good economic conditions in the region are also projected to promote the growth of live cell imaging market. Apart from that, government funding support for R&D expenditure and increasing prevalence of chronic diseases are also promoting the live cell imaging market through the forecast period. Additionally, a presence of some of the notable players such as Leica Microsystems, Carl Zeiss AG, and GE Healthcare are also estimated to ascend the live cell imaging market in the region.
Asia Pacific is witnessing a rapid emergence of a promising market for live cell imaging. An increasing number of research labs, improving economic conditions in the region, and growing research activities for cancer are augmenting the LCI market in Asia Pacific. Japan is anticipated to garner the largest share in the country-specific market for live cell imaging during the forecast period. Whereas in China, the growing geriatric population suffering from chronic diseases and the availability of low-cost diagnostic and treatment options are upscaling the growth rate of the Live Cell Imaging Market in the region.
Industry Update
April 2019: Bio Tek Synergy Neo2 Multi-Mode Microplate Reader has been made available with additional features such as powerful performance, assay flexibility for screening and core laboratories along with a TRF laser. It also has dual photomultiplier tube (PMT) detection; the 337 nm laser also provides exceptional processing speed and enhanced sensitivity required for high-quality TRF and TR-FRET results.
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Source: MarketersMedia
Release ID: 510307
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