Cell-based Assay Market Size, Share, Trends, Outlook, and Analysis, 2018-2026embed
Companies are adopting the cell-based assay order to reverse the costly late-stage drug failure and thus the rising surge of cell-based assay is expect to have a positive effect on market growth in near future.
Cell-based Assay Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2018-2026 REPORT DESCRIPTION Cell-based Assay Market – Overview Cell-based assay refers to experiments based on living cells and is an influential tool in the research lab. Cellbased assays are vital for understanding cellular mechanism in a biological context as these assays provide information about intracellular molecular targets. There are variety of assays used to measure motility, toxicity, cell proliferation, production of a measurable product, and morphology. Rapid growth in drug discovery is expected to increase the demand for cell-based assay as it is mainly used in checking toxicity of drugs. For instance according to FDA’s Center for Drug Evaluation and Research (CDER) in 2016, CDER approves averagely 30 novel drugs per year and the development of novel drug discovery is expected to increase in future. Many companies are involved in the drug discovery needs cell-based assay for testing new drugs that is expected to boost the cell-based assay market in forecast period. Since pharmaceutical market have become a billion-dollar business, many pharmaceutical and biotechnological companies are adopting cell-based assay in order to reduce the chances of failure of batch which lead to a high loss to company. Thus, the adoption of this method by companies is expected to fuel its market in near future. However, high maintenance, need for skilled personnel and high-cost of operation for the cell based assays are expected to hinder the market growth. REPORT DESCRIPTION Cell-based Assay Market Taxonomy: On the basis of product: Cell Lines Microplates Instruments Software Reagents and Assay Kits On the basis of application: Drug Discovery Predictive Toxicology ADME Process Get Request a Sample Copy @ https://www.coherentmarketinsights.com/insight/request-sample/1273 REPORT DESCRIPTION Cell-based Assay Market – Key Players DiscoverX Corporation Becton Dickinson and Company cell Signaling Technology, Inc Danaher Corporation Thermo Fisher Scientific, Inc Cisbio Bioassays, Merck & Co PerkinElmer, Inc Get More Inf @ https://www.coherentmarketinsights.com/ongoing-insight/cell-based-assay-market-1273 ABOUT COHERENT MARKET INSIGHTS Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. 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