World Cell Analysis Market to Surpass USD 47 Bn by 2023, Expects IQ4I Research & Consultancy in Its Topical Study Available at MarketPublishers.com24 Feb 2017 • by Natalie Aster
LONDON – Today, various academic institutions, hospitals, government institutes and also pharma and biotech firms are increasing their usage of cell analysis as a modern emerging tool in research, diagnosis and drug discovery.
At present, PCR amid different molecular approaches captures the biggest share in the overall market, whilst sequencing is predicted to increase at the highest CAGR through 2023. Meantime, amid image-based approaches cytometry had the largest revenues, whilst FISH is predicted to increase at a double-digit CAGR through 2023. On the basis of applications, cellular process application held the biggest revenue share, however in the years ahead the single cell analysis market is anticipated to boom at a high CAGR through 2023.
At present, North America takes lead in the world’s market for cell analysis techniques. It is followed by Europe and Asia. Meanwhile, APAC is viewed as an emerging market with vast opportunities for further growth with a highest CAGR during 2017-2023. The APAC market is likely to be the major destination for new investments in the cell analysis.
The world’s cell analysis market is predicted to increase at a high single-digit CAGR between 2017 and 2023 to exceed USD 47 billion by the end of the forecast period. Major drivers of the robust market growth include enhanced precision of cell imaging and analysis systems, rising incidence of cancer, favourable government support, availability of reagents and cell analysis instruments, amid others.
Topical report “Cell Analysis Global Market – Forecast To 2023” elaborated by IQ4I Research & Consultancy Pvt. Ltd. provides an insightful analysis of the cell analysis market performance in different regions (North America, APAC, Europe and RoW), uncovers updated statistics and estimates, touches upon trends and dynamics. It reviews the top trends, challenges and opportunities, covers competitive landscape and leading players. In addition, a future outlook for the cell analysis market through 2023 is at hand in the publication.
Many other insightful studies by the publisher are offered in the IQ4I Research & Consultancy catalogue.