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LONDON, GREATER LONDON, UNITED KINGDOM, November 21, 2024 /EINPresswire.com/ -- The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—limited time only!
The cell counting market has seen significant growth in recent years, increasing from $9.96 billion in 2023 to an expected $10.87 billion in 2024, with a compound annual growth rate (CAGR) of 9.1%. This growth during the historical period is linked to advancements in biomedical research, a rise in clinical diagnostics, expansion in the pharmaceutical industry, increased focus on cancer research, and a growing aging population.
How Much Will the Global Cell Counting Market Grow, and What Is the Predicted Annual Growth Rate?
The cell counting market size is projected to experience significant growth in the coming years, reaching $15.3 billion by 2028 with a compound annual growth rate (CAGR) of 8.9%. This growth during the forecast period is driven by a heightened emphasis on precision medicine, the rising adoption of regenerative medicine, an increase in point-of-care testing, and expanding stem cell research. Key trends expected in this period include technological advancements, product innovations, integration of AI, automation technology solutions, and strategic collaborations.
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What Are The Top Drivers Contributing To The Growth Of The Cell Counting Market?
The increasing incidence of chronic diseases is projected to drive the growth of the cell counting market in the upcoming years. Chronic diseases are characterized by conditions that persist for a year or more and require continuous medical attention, disrupt daily activities, or both. These diseases are associated with intricate causes, numerous risk factors, prolonged incubation periods, extended duration of illness, and diminished functionality or impairment. Cell counting plays a vital role in diagnosing, monitoring, and treating chronic diseases. It enables healthcare professionals to identify and track changes in cell counts, providing valuable insights into disease progression and the effectiveness of treatments.
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Which Companies Are Leading Growth in the Cell Counting Market?
Key players in the market include Thermo Fisher Scientific Inc., Merck KGaA, PerkinElmer Inc., Bio-Rad Laboratories Inc., Danaher Corporation, Olympus Corporation, HORIBA Ltd., Logos Biosystems Inc., Becton Dickinson and Company, GE Healthcare, Agilent Technologies Inc., BioTek Instruments Inc.
What Are the Key Trends Defining the Cell Counting Market Size?
Technological advancement is a significant trend gaining traction in the cell counting industry. Major players in this market are dedicated to creating new technological solutions to enhance their competitive edge. The innovative solutions in next-generation information management aim to enhance patient care. This development is expected to boost capabilities that can improve efficiency within hospital laboratories or networks through the use of data visualization and analysis software.
What Are The Key Segments Of The Global Cell Counting Market?
1) By Consumables And Accessories: Media, Sera And Reagents, Assay Kits, Microplates, Accessories, Other Consumables
2) By Product: Spectrophotometers, Single-Mode Readers, Multi-Mode Readers, Cell Counters, Automated Cell Counters, Hemocytometers, Manual Cell Counters, Flow Cytometers, Hematology Analyzers
3) By Application: Research Applications, Clinical And Diagnostic Applications, Industrial Applications
4) By End-User: Hospitals And Diagnostic, Research Institutions, Pharmaceutical And Biotechnology Companies, Other End-Users
Geographical Highlights: North America Leading Cell Counting Market
North America was the largest region in the cell counting market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What Is The Definition And Scope Of The Cell Counting Market Overview?
Cell counting encompasses various techniques employed to count or quantify cells in the life sciences for diagnostic and therapeutic purposes. It is utilized to monitor cell health and proliferation rates, evaluate immortalization or transformation, assess transfection or infection, seed cells for subsequent experiments, and prepare for cell-based assays.
The Cell Counting Global Market Report 2024 from The Business Research Company includes the following key information:
• Market size data for both historical and future periods
• Analysis of both macro and microeconomic factors that have impacted the market over the past five years
• Regional market analysis covering Asia-Pacific, China, Western Europe, Eastern Europe, North America, the USA, South America, and the Middle East and Africa
• Country-specific market analysis for Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.
Overview of the Global Cell Counting Market Report: Trends, Opportunities, Strategies, and More
The Cell Counting Global Market Report 2024 from The Business Research Company is an extensive resource that delivers insights into cell counting market size, cell counting market drivers and trends, cell counting global market major players, cell counting competitors' revenues, cell counting global market positioning, and cell counting market growth across geographies. This report provides valuable in-depth insights into potential opportunities and strategies. Companies can utilize the information presented to target segments with the greatest growth potential.
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