Live Cell Imaging is a technique to study live cells with the help of images obtained with imaging systems such as microscopes and high content screening systems. Over the past few years, the adoption of high content screening techniques in drug discovery and cell biology has been continuously rising and so is growing the live cell imaging market.
As a result, live cell imaging is pervasively gaining a considerable prominence, and its market is garnering colossal accruals. Moreover, the factors such as the increasing prevalence of chronic diseases and growing government funding in cell-based research are escalating the market on the global heights.
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Acknowledging the exponential accruals, the market is witnessing currently, Market Research Future (MRFR), in its recently published study report, asserts that the global live cell imaging market will register approximately 9 % CAGR between 2018 -2023, garnering impressive growth by 2023.
Additional factors driving the market growth include the various applications of live cell imaging in the biotech and pharmaceutical industry and the rising prevalence of cancer worldwide. Furthermore, increasing approvals from regulatory bodies and spreading awareness foster the market growth.
The increasing number of research activities in the pharmaceutical manufacturing and bioscience defines the augmented demand for live cell imaging and its increasing market size. Indeed, improving economic conditions, worldwide, are propelling the market growth, enabling access to the quality, and improved health care.
On the flip side, factors such as the lack of availability of skilled professional and the prohibitive costs associated with the high-content screening systems are some of the primary factors that are impeding the market growth. Nevertheless, the support rendered by developed countries in terms of funding and well-established market players is projected to support the market growth.
Market Segmentation
MRFR report offers a complete segmental analysis of the live cell imaging market on the basis of products, technology, application and end-user.
Based on products, it is segmented into software, consumables and equipment. Of these, equipment will have the largest share in the market during the forecast period followed by consumables.
Based on technology, the live cell imaging market is segmented into Multiphoton Excitation Microscopy, Total Internal Reflection Fluorescence Microscopy, Fluorescence in Situ Hybridization, Ratiometric Imaging, High-Content Analysis, Fluorescence Recovery After Photobleaching and Fluorescence Resonance Energy Transfer. Of these, Fluorescence Resonance Energy Transfer will dominate the market during the forecast period.
Based on application, it is segmented into drug discovery, developmental biology, stem cells, cell biology and others. Of these, cell biology will have the largest share in the market.
Based on end-user, the live cell imaging market is segmented into diagnostic laboratories, hospitals, biotechnology companies, pharmaceutical companies and others.
Regional Analysis
By region, the live cell imaging market covers growth opportunities and latest trends across Europe, North America, Asia Pacific and Rest of the World. Of these, North America will govern the market owing to substantial investments made in the research and development activities especially in pharmaceutical and biotech sectors, presence of a well-established healthcare system, rising incidence of cancer, advancements in technology, increasing capitalization in the imaging systems, presence of key players in the region and strong economic conditions. Europe holds the second major share in the live cell imaging market owing to increased focus in R&D in the biotechnology domain, government funds for research and development expenditure, increasing incidences of chronic diseases and presence of notable players. The live cell imaging market in the APAC region will emerge rapidly as a highly promising market during the forecast period on account of growing research laboratories, quickly improving economic conditions, developing healthcare technology and increasing cancer research activities. Japan will account for the largest share here owing to growing need for live cell imaging techniques and growing incidences of cancer. In China, on the other hand, factors such as accessibility of affordable diagnostic and treatment choices and rising geriatric population will spur the market growth.
Competitive Analysis
The live cell imaging market is competitive and fragmented with the key players dominating the market. They are undertaking various strategies namely expansions, partnerships and product launches for strengthening their position.
Key Players
Leading players profiled in the live cell imaging market include Thermo Fisher Scientific, Inc. (U.S.)., BioTek Instruments (U.S.), Danaher Corporation (U.S.), Becton, Dickinson and Company (U.S.), PerkinElmer, Inc. (U.S.), GE Healthcare (U.K.), Molecular Devices, LCC (U.S.), Sigma-Aldrich Corporation (U.S.), Nikon Corporation (Japan), Olympus Corporation (Japan), Carl Zeiss AG (Germany), and Leica Microsystems (Germany).
Dec 2018- Swedish bioprinting materials and 3D bioprinters manufacturer, CELLINK has partnered with San Francisco based biotechnology company, Prellis Biologics for commercializing high-resolution micro bioprinting and holographic technology.
Table Of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
5.1.3 Threat Of New Entrants
5.1.4 Threat Of Substitutes
5.1.5 Intensity Of Rivalry
5.2 Value Chain Analysis
5.3 Investment Feasibility Analysis
5.4 Pricing Analysis
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