Cell Counting Market Overview
Cell counting is used to determine the number of live or dead cells concentration in the cell and also helps in counting of blood cells in the samples. It is used in the medical diagnosis and treatment for quantification of cells in the life sciences. It became an important subset of research areas like cancer biology, neurosciences and immunology with various applications in the clinical practice. Generally, cell counts are expressed as a number of cells per unit of volume within the liquid media.
The Global Cell Counting Market is driven by the factors like rising incidences of chronic diseases like cancer and AIDS, demand for cell counting products owing to the growing stem cell research and rise in next-generation technology products, growing awareness of the people in the healthcare sector, increased government policies and funding in the healthcare sector, new product innovations, rise in the advanced healthcare infrastructure and technology advancements in the existing products. However, high cost equipment and lack of proper research infrastructure are hampering the growth of the Cell Counting market.
Cell Counting Market Forecast Report (2018-2023)
The Global Cell Counting Market was worth USD 1.12 billion in 2018 and estimated to be growing at a CAGR of 6.8%, to reach USD 1.56 billion by 2023.
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Cell Counting Market Segmentation
The Global Cell Counting Market is segmented on the basis of product, end-user and region. On the basis of product, the market is segmented into instruments and consumables. Based on the instruments, the market is segmented into cell counters, hematology analyzers, spectrophotometer, flow cytometer, hemo cytometer and others. Depending on the consumables, the market is segmented into micro plates, reagent and assay kits. On the basis of end-user, the market is segmented into pharmaceutical & biotechnology industries, hospitals & diagnostic laboratories, research & academic institutes and others. In products, the spectrophotometers segment accounted for the largest share of the market due to the enhanced data visualization and analysis software.
The Cell Counting market has also been geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. North America accounted for the largest share in 2018 due to the rise in aging population, high investments by the government in the healthcare sector and presence of large companies in this area. However, Asia-Pacific is anticipated to have the fastest growing rate owing to the rising population, investments in this area by the private companies, growing demographics and the emerging economies.
The major companies dominating this market for its products and services are
- Thermo Fisher Scientific, Inc.,
- Danaher Corporation,
- Agilent Technologies,
- Bio-Rad Laboratories,
- Merck Millipore, Inc.,
- GE Healthcare,
- Dickinson and Company,
- PerkinElmer, Inc.
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