The global cell viability assays market size was worth around USD 14.21 Billion in 2023 and is predicted to grow to around USD 31.61 Billion by 2032 with a compound annual growth rate (CAGR) of roughly 9.29% between 2024 and 2032.
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Demand growth in a variety of sectors, including biotechnology, academia, and the pharmaceutical industry, is the primary factor propelling the considerable expansion of the cell viability assay market. Numerous factors are contributing to this growth, one of which is the ceaseless pursuit of novel therapies, which necessitates dependable and efficient protocols for drug development and toxicity assessment.
Furthermore, advancements in assay technologies, such as automation and high-content imaging, are playing a significant role in driving market growth through enhanced measurement throughput and precision. The escalating incidence of chronic illnesses has contributed to a heightened focus on personalised treatment and regenerative therapies—domains in which cell viability assays are indispensable—hence, further bolstering demand. Furthermore, the market’s sustenance for long-term development is underscored by the escalating global investments in bioscience research, which underscore its potential for ongoing expansion.
The utilisation of these assays may provide scientists with crucial data concerning the processes underlying cellular viability, proliferation, cytotoxicity, and cell death. By utilising this data, scientists are able to examine the impact of experimental conditions or treatments on cellular health. Which assay is most appropriate is determined in part by the experimental environment, the resources at hand, the specific research topic, and the type of cell being evaluated.
A company market share analysis is included in the report to provide a more comprehensive picture of the market’s major participants. Furthermore, the report encompasses significant strategic advancements within the market, such as the introduction of new assay kits, mergers and acquisitions, collaborations and joint ventures, partnerships, research and development, and the expansion of major market participants into new regions.
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The Global Cell Viability Assays Market is segmented based on product, application and region
Global Cell Viability Assays Market: Product Segment Analysis
● Consumables
● Instruments
Global Cell Viability Assays Market: Application Segment Analysis
● Academic and Research Institutes
● Pharmaceutical and Biotechnology Companies
● Hospitals and Diagnostic Laboratories
● Others
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The global Cell Viability Assays market profiles key players such as:
● Bio-Rad Laboratories. Inc.
● GE Healthcare
● PerkinElmer
● Danaher Corporation
● Promega Corporation
● Thermo Fischer Scientific
● BioTek Instruments
● Biotium
● Merck
● Becton
● Dickinson, and Company
● G-Biosciences
North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa comprise the regional segment.
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