Published Date : Oct 24, 2016
ALBANY, NY, Oct 24, 2016: The report titled “Global Cell Analysis Market 2016-2020” focuses on the present market landscape and its growth prospects from 2016 to 2020. The report predicts that the market for cell reports will expand at a CAGR of 7.08% during the period from 2016 to 2020.
The report gives an informative description of cell reports, which helps in mapping and identifying the basic biochemical and physical processes of life. Cell and tissue separation, bio-specimen preparation, and characterization products are used to detach and assess cells. The resultant cell reports products find application in stem cell research, drug discovery and development, cell biology, and other research practices. Hence, such products find demand in industries such as pharmaceutical, biotechnology, and research organizations.
The report discusses in details various growth drivers in the market. One of them is the increasing funding for regenerative medicines by governments worldwide. It also throws light on factors restraining the market growth, such as the high cost of cell reports and the lack of skilled personnel to carry it out.
The report arrives at a market size for cell reports by factoring in revenue generated from the sale of the instruments and consumables. Further, it analyzes the industry opportunities and profitability using Porter’s five forces of supplier power, buyer power, competitive rivalry, threat of substitution, and threat of new entry. The report segments the market based on various parameters such as geography and products. It then segments the product market based on consumables and instruments.
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Geographically, the market is divided into the Americas, Europe, the Middle East, and Africa (EMEA), and Asia Pacific (APAC). Developing countries in South America and Asia, namely Brazil, India, and China are potential growth engines for the cell reports market, the report indicates. It pegs the proliferation of diagnostic centers to handle the burgeoning populations’ healthcare needs as the driving force behind it. Another reason for it is their low cost, which has resulted in the rapid migration of manufacturing facilities and sales services to Asia Pacific.
The global market for cell reports is not a consolidated one. Instead, it is highly fragmented, with several large, medium-sized, and small manufacturers providing diagnostic products. Competition among vendors has been intense so as to form partnerships and provide products to protect their market share. There are five key players in the global cell reports market: Thermo Fisher Scientific, Danaher, EMD Millipore, GE Healthcare, and BD. Some of the other prominent players are Icon, Logos Biosystem, Abcam, Agilent Technologies, Horiba Scientific, Illumina, Sigma-Aldrich, and Quintiles. The report discusses the opportunities and threats faced by the key vendors and their strengths and weaknesses. Additionally, the report predicts what the market would be in 2020 and key market trends.
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