Cell-Based Assay Market By Product (Instruments, Reagents and Assay Kits, Cell Lines, Software, Microplates, and Others), By Application (Predictive Toxicology, Drug Discovery, ADME Process, and Others), By End-User (Research Organizations, Pharmaceutical companies, Government & Academic Institutes, Biotechnology Companies, and Other end-users) and By Region- Trends, Analysis and Forecast till 2034

Report Code: PMI519523 | Publish Date: April 2024 | No. of Pages: 170

Cell Based Assay Market Overview

Cell-Based Assay Market accounted for USD 20.9 Billion in 2024 and is estimated to be USD 61.3 Billion by 2034 and is anticipated to register a CAGR of 12.6%.

Cell-based assays are laboratory techniques used to study the effects of various substances on living cells. They are essential instruments for toxicology, drug development, and biological research. These tests offer a physiologically meaningful framework for assessing how medications, chemicals, or other substances affect biological functions.   

Cell-Based Assay Market Report  

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Cell Based Assay Market Drivers & Restraints

Cell-Based Assay Market Drivers and Restrains:

Drug Discovery and Development

Although they allow researchers to evaluate the effects of possible drug candidates on living cells, cell-based assays are essential to the process of drug discovery and development. Understanding the efficacy and safety of medication candidates requires evaluating them in a biologically appropriate setting, which is made possible by this approach. Cell-based assays are used to identify and validate potential drug targets, which are specific molecules or cellular components that play a role in a disease.

Shift toward Personalized Medicine

Cell-based assays can use patient-derived cells, including induced pluripotent stem cells (iPSCs), to create disease models that closely mimic a patient's specific condition. These models allow researchers to test the efficacy of potential treatments on cells that closely resemble those of the patient, providing valuable insights into personalized treatment strategies.  

Restrains:

Some cell-based assays involve the use of human or animal cells, which can raise ethical and regulatory issues. Ensuring compliance with ethical standards and navigating the regulatory landscape can be a barrier.      

Recent Development:

Strategic Acquisitions and Partnership News,

  • In February 2021, Selvita launched its new cell-based phenotypic assay platform for drug discovery. The platform will be utilized to test novel molecules with potential for treatment in a variety of conditions, such as fibrotic and neuroinflammatory disorders, in addition to other conditions where current therapeutic approaches have distinct shortcomings. With the help of the Platform, Selvita will be able to enhance its comprehensive range of drug discovery services by adding a potent new technique for quickly and efficiently finding and developing new medications.

Cell Based Assay Market Segmentations & Regional Insights

Cell-Based Assay Market Segmentation:

Cell-Based Assay Market is segmented based on Product, Application, End-User and Region.

Product Insight

On the basis of Product, Cell-Based Assay Market is segmented into Instruments, Reagents and Assay Kits, Cell Lines, Software, Microplates, and Others.

Application Insights

On the basis of Application, Cell-Based Assay Market is segmented into Predictive Toxicology, Drug Discovery, ADME Process, and Others.

End-User Insights

On the basis of End-User, Cell-Based Assay Market is segmented into Research Organizations, Pharmaceutical companies, Government & Academic Institutes, Biotechnology Companies, and Other end-users.

Cell-Based Assay Market Regional Insights:

On region the Cell-Based Assay Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

  • North America market is estimated to witness a significantly high revenue share over the forecast period due to rising investment and funding. North America, particularly the United States, has been a major hub for cell-based assay research and drug development. The presence of numerous pharmaceutical and biotechnology companies, well-established research institutions, and a supportive regulatory environment has fueled market growth.
  • Asia Pacific market is estimated to witness a fastest revenue share over the forecast period. The Asia-Pacific region, including countries like China, Japan, and South Korea, has seen significant growth in the cell-based assay market. Factors contributing to this growth include a large patient population, rising healthcare investments, and a shift toward precision medicine.    

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product - Instruments, Reagents and Assay Kits, Cell Lines, Software, Microplates, and Others

By Application - Predictive Toxicology, Drug Discovery, ADME Process, and Others

By End-User - Research Organizations, Pharmaceutical companies, Government & Academic Institutes, Biotechnology Companies, and Other end-users

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034.

Cell Based Assay Market Competitive Landscape & Key Players

The key players operating the Cell-Based Assay Market includes, Cisbio Bioassays, PerkinElmer, Inc., Thermo Fisher Scientific, Inc., cell Signaling Technology, Inc., Merck & Co., Bio-Rad Laboratories, Charles River Laboratories, Promega Corporation, Lonza Group AG, and Hoffmann-La Roche Ltd.  

Cell Based Assay Market Company Profile

  • Cisbio Bioassays
  • PerkinElmer, Inc.
  • Thermo Fisher Scientific, Inc.,
  • Cell Signaling Technology, Inc.
  • Merck & Co.
  • Bio-Rad Laboratories
  • Charles River Laboratories
  • Promega Corporation
  • Lonza Group AG   
  • Hoffmann-La Roche Ltd

FAQs

The Cell-Based Assay Market is segmented into Product, Application, End-User and Region.

Cell-Based Assay Market is driven by factors like drug discovery and development and shift toward personalized medicine.

The key players operating the Cell-Based Assay Market includes Cisbio Bioassays, PerkinElmer, Inc., Thermo Fisher Scientific, Inc., Cell Signaling Technology, Inc., Merck & Co., Bio-Rad Laboratories, Charles River Laboratories, Promega Corporation, Lonza Group AG, and Hoffmann-La Roche Ltd.

Cell-Based Assay Market accounted for US$ 20.9 billion in 2024 and is estimated to be US$ 61.3billion by 2034 and is anticipated to register a CAGR of 12.6%.