Market Research Future (MRFR) analysed the global live cell imaging market 2020 for the study period 2020 -2027. By 2027, the live cell imaging market can rise at about 9 % CAGR and attain a decent valuation.
Drivers and Constraints
The extensive application of live cell imaging technology in novel drug research and development is expected to underpin the market rise in the near future. Electronic microscopes and other type of high content screening systems are deployed in studying colossal medical attributes that impact innovations in life science. In addition, the availability of modern medical technologies for enhancing the existing live cell imaging techniques can underpin the expansion of the live cell imaging market through the study period. Under the present circumstance, the live cell imaging is used extensively to aid a cure for COVID 19, which can add momentum to the rise of the live cell imaging market growth. Increase in funding for government cell-based research can also cause escalation of the market revenue through the study period. Other causes that can bolster the rise of the live cell imaging market are changing dynamics of the bioscience field, developing economic conditions, and easy access to high quality research equipment and services. At the same time, easy approvals for research from regulatory bodies and rapid spreading of awareness can also foster the live cell imaging market growth. On the flip side, lack of expertise and high prohibitive costs are some primary constraints on the live cell imaging market. However, rise in the utility of live cell imaging solutions across biotech and pharmaceutical domain can counter the market slow-down in the coming years.
The segment assessment of the live cell imaging market are done by products, Consumables, Equipment, and Software.
The technology based segment of the live cell imaging market are Fluorescence Recovery After Photobleaching, Fluorescence Resonance Energy Transfer, Ratiometric Imaging, High-Content Analysis, Total Internal Reflection Fluorescence Microscopy, Fluorescence in Situ Hybridization, and Multiphoton Excitation Microscopy among other technologies.
The application based segment of the live cell imaging market are Stem Cells, Cell Biology, Drug Discovery, and Developmental Biology among others.
The End-user based segment of the live cell microscopy market are Biotechnology Companies, Pharmaceutical Companies, Diagnostic Laboratories, and Hospitals among others.
In North America, the live cell imaging market can earn decent revenue as substantial investments are made in R&D activities for pharmaceutical and biotech sectors. Other factors, such as; presence of firm healthcare system and need to treat the increase in cases of difficult-to-treat ailments can support the rise of the market across the review period.
In APAC, capitalization on the easy availability of advanced imaging systems and increase in research to provide better imaging quality and allow efficient functionality of data can foster the rise of live cell imaging market in the years to come.
In EU, the powerful economic conditions of the region allowing the flow of funding required for R&D can promote the expansion of the market in the upcoming years. The regions is a house to several renowned live cell imaging solution provider, which can significantly impact the rise of the regional market in the approaching years.
Nikon Corporation (Japan), BioTek Instruments (U.S.), Carl Zeiss AG (Germany), Leica Microsystems (Germany), Sigma-Aldrich Corporation (U.S.), GE Healthcare (U.K.), Olympus Corporation (Japan), Danaher Corporation (U.S.), PerkinElmer, Inc. (U.S.), Molecular Devices, LCC (U.S.), Becton, Dickinson and Company (U.S.), and Thermo Fisher Scientific, Inc. (U.S.) are some companies in the live cell imaging market that are profiled by MRFR.
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