Cell-based assays consists a variety of assays that measure cellular parameters such as proliferation, cell toxicity, production of markers, motility, activation of specific signalling pathways and changes in morphology. The cell-based assay market is driven by the increased adoption of high throughput screening methods, increasing investments in drug discovery, increase in the cell-based research activities, rapid technological advances, non-invasive methods of monitoring and the development in the automation.
South America Cell-Based Assay Market Segments Size & Growth:
South America Cell-Based Assay Market is expected to increase by an $ XX billion by 2024 at a CAGR of XX%. Increasing research activities in drug discovery, the rise in demand for biological drugs, technological advancement, government expenditure, rising need for toxicity screening in drugs are expected to fuel the market for cell-based assays. However, need to reduce the cost associated the drugs, and technical advancements in innovations are expected to drive the market growth. Cell-based assay market is restrained by the lack of skilled personnel and
South America Cell-Based Assay Market Segments Share:
South America Cell-Based Assay market is segmented into the type of products which includes cell lines, ligands & Inhibitors and cell culture kits, reagents & consumers. Among these cell lines holds the most significant share due to the presence of different varieties of cell lines. Based on the technology, South America cell-based assay market flow cytometry, high content screening, label-free detection and others. Application segment includes drug discovery and ADME Research and others. Adoption of high throughput screening methods and increase in the ADME research investments expected to fuel the market growth.
Based on end-user cell-based assay approach is further subdivided into biotechnology, pharmaceuticals, academia and CRO. Based on geography, South America holds the share in the global cell-based assay market due to the growing availability of funds for research and resilient drug discovery activities in the countries.
South America Cell-Based Assay Market Trends:
Starting from $2700
Starting from $2700
Starting from $2700
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