San Francisco, 12
November 2018: 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.
Access Research Report
of 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 at: 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
o
Spectrophotometers
o
Flow Cytometers
o
Hematology Analyzers
o
Cell Counters
·
Consumables & Accessories
o
Reagents
o
Microplates
o
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
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa
Access Press Release Of Cell
Counting Market@ www.grandviewresearch.com/press-release/global-cell-counting-market
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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