The global cell
counting market is expected to reach USD 1.7 billion by 2025,
according to a new report by Grand View Research, Inc. Government initiatives
working to promote development of cell therapeutics, wherein cell counting
plays an imperative role, is expanding growth prospects for the market. As a
result of extensive R&D activities, the number of diseases treated with the
help of stem cells increased to 82 in 2016 from 27 in 2005. Also, California
Institute for Regenerative Medicine’s funding of USD 271 million for stem cell
therapy created 12 R&D facilities in California, and these facilities
brought approximately USD 543 million funding. In addition, it is also funded
by National Institutes of Health (NIH), which approximately invested USD 1,429
million in 2015.
Increase in the number of collaborations of research
institutes with various public and private entities to promote R&D has
provided significant boost to the market. Growing number of proposed guidelines
and recommendations for public and private laboratories to ensure high-quality
standards and facilitate generation of accurate results are likely to improve
adoption of instruments over the coming years. For instance, in May 2016, the
International Society for Stem Cell Research updated guidelines for the
development of cell-based therapy and research. The proposed guidelines focus
on all stages of R&D and improve quality of preclinical studies.
Browse full research report on Cell Counting Market: www.grandviewresearch.com/industry-analysis/cell-counting-market
Further
Key Findings From the Report Suggest:
- Spectrophotometers accounted forthe largest market share in 2016.
This can be attributed to high penetration in various applications such as
toxicology studies, bioprocessing, and others
- Automated counters were anticipated to grow at an exponential rate
during the forecast period. Benefits such as short testing time, reduced
error occurrence, and interoperator variability are expected to further
increase demand for automated counters
- In the end-use segment, research and academic institutes accounted
for the largest market share in 2016, owing to growing number of
government initiatives focused toward promoting R&D in various
toxicology studies
- Research and academic institutes are also expected to witness
exponential growth opportunities, owing to the growing adoption of
instruments for optimum drug concentration in therapeutics
- North America held the largest share of the market, owing to
increase in number of supportive initiatives to fund R&D, which is
anticipated to result in higher adoption of automated instruments
- Asia Pacific is anticipated to grow with a lucrative CAGR during
the forecast period. This lucrative growth rate is a consequence of
improvements in testing facilities
- Level of competition is high as key players are adopting strategies
such as new product development and strategic collaborations &
agreements to gain competitive advantage
Browse more reports of this category
by Grand View Research: www.grandviewresearch.com/industry/medical-devices
Grand
View Research has segmented the global cell counting market on the basis of
product, end use, and region:
Cell
Counting Product Outlook (Revenue, USD Million, 2014 - 2025)
- Instruments
- Spectrophotometers
- Flow
Cytometers
- Hematology
Analyzers
- Cell
Counters
- Consumables
& Accessories
- Reagents
- Microplates
- Others
Cell
Counting End-use Outlook (Revenue, USD Million, 2014 - 2025)
- Hospitals
& Diagnostic Laboratories
- Research
& Academic Institutes
- Pharmaceutical
& Biotechnology Companies
- Others
Cell
Counting Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Asia Pacific
- Japan
- China
- India
- Latin America
- Brazil
- Mexico
- Middle East
& Africa
- South Africa
- Saudi Arabia
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com
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