Global Cell Counting Market: Overview
Cell counting is a significant process in the field of life sciences, including medical diagnosis and treatment and biological research. For researchers, cell counting is a major step in most experimental workflows, allowing them to maintain cell cultures, prepare cells for transfection experiments, and prepare cells for downstream experiments. Although cell counting continues to be performed as a manual as well as an automated procedure, most researchers have been switching to the latter owing to the fact that manual cell counting is a time-consuming and tedious process.
The key cell counting product types include flow cytometers, cell counters, spectrophotometers, and hematology analyzers. These products are mainly used in research institutions, diagnostic laboratories, hospitals, and biotechnology and pharmaceutical companies. The research report identifies the leading product, technology, application, and regional segments of the global cell counting market and examines their performance and contribution over the years. A detailed section on the prominent market players has also been included, which sheds light on their business strategies, alliances, financial standing, and products and services portfolio. In addition, an overview of the various macro and micro factors governing the cell counting market has been provided, with inputs and recommendations from industry experts.
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Global Cell Counting Market: Key Trends and Vendor Landscape
The global market for cell counting is primarily fueled by the growing incidence of HIV/AIDS, cancer, and several other chronic diseases. An increase in the occurrence of life-threatening diseases has led to a surge in cell-based research, thereby propelling the demand for cell counting. The development of enhanced image analysis instruments and improved informatics solutions has also contributed to the growth of the cell counting market. In addition, the rise in government and corporate funding, new opportunities in emerging economies, and the increasing focus on stem-cell research is likely to drive the global market. In contrast, the reluctance on the part of researchers to use advanced techniques and the high prices of modern cell counting systems act as restraints on the cell counting market.
This highly competitive market boasts of well-established companies as well as consistent efforts by new entrants to further their businesses and increase their share in the market. This ongoing competition is anticipated to drive innovation in the cell counting market and help overcome some of the major challenges obstructing growth. The leading companies operating in the global cell counting market include Bio-Rad Laboratories Inc., GE Healthcare, Agilent Technologies Inc., PerkinElmer Inc., Tecan Group Ltd., Biotek Instruments Inc., Becton, Dickinson, and Company, Thermo Fisher Scientific Inc., Danaher Corporation, and Merck Millipore.
Global Cell Counting Market: Region-wise Outlook
The global market for cell counting is geographically fragmented into Europe, North America, Asia Pacific, and Rest of the World. By revenue, North America and Europe are the largest markets at present, driven mainly by the presence of prominent cell counting market players, the presence of highly developed health-care systems, and an increasing number of cell-based and stem cell research programs initiated by the government.
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The Asia Pacific cell counting market is anticipated to witness strong growth in the coming years and emerge as the fastest-developing region by 2024. This future growth can be attributed to a number of factors including a rise in research collaboration, a surge in the aging population, a rapidly expanding health-care sector, and growing expenditure on R&D. The Asia Pacific cell counting market is also fueled by the rising focus of leading players on the region; the increasing investments by prominent companies in the health-care industry in countries such as India, Malaysia, China, and Taiwan; the growing demand for cutting-edge technologies; the rapid expansion of private sector hospitals in rural areas.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.