The technological advancements in the health care sector, increased in rate of occurrence of cancer, and rise in investment in research and developments in neurobiology is boosting the market for cell surface markers.
Market Size – USD 609.2 Million in 2020, Market Growth – CAGR of 7.54%, Market Trends –Development in healthcare diagnosis and prognosis.
The Global Cell Surface Markers Market is forecast to reach USD 1.07 Billion by 2028, according to a new report by Reports and Data. Technological advancements in the healthcare sector have primarily fueled the growth of the market. Integration of additional parameters to traditional instruments that can help in in-depth analysis in biotechnological R&D is boosting the growth of the market. The expansion of the market has also been the result of, increased investments by key players of the market for instrumental advancements with, automated techniques and solutions for disease identification and prognosis. One of such mentionable improvements in the market in 2020 is the significant investment made by GenScript, one of the key players of the market, on the project- Novel HIV Vaccine. Such emphasis on the enhancement of Novel HIV Vaccine and the associated rise in the number of researches is also boosting the growth of the cell surface markers market.
Changes in lifestyle have resulted in the increased occurrence of oncological and cell-associated diseases that demands advancements in monoclonal antibody generation and production. The increased need for improvements in antibody generation and production is having a positive impact on the growth of the market.
Leading companies operating in the market and profiled in the report include:
Janssen Diagnostics, Inc, Thermo Fisher Scientific, Inc., Siemens Healthcare, Nihon Kohden Corporation, Bio-Techne, Genscript, F. Hoffman-La Roche, Danaher Corporation, Thermo Fisher Scientific, Abcam, Becton, Dickinson and Company, Qiagen N.V.
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Further key findings from the report suggest
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Dominant key players in the market are adopting various strategies like mergers and acquisition, partnerships, collaborations, joint ventures and product launches to gain a robust footing in the market. Growing demand for various medical products, increasing adoption of home-care settings, point-of-care diagnosis, high demand for vaccines and medication for controlling COVID-19 is expected to benefit the key companies throughout the forecast period.
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Global Market Segmentation:
Cell Type Outlook (Revenue, USD Million; 2020-2028)
Product Type Outlook (Revenue, USD Million; 2020-2028)
Source Type Outlook (Revenue, USD Million; 2020-2028)
Instrument and Reagent Type Outlook (Revenue, USD Million; 2020-2028)
Application Type Outlook (Revenue, USD Million; 2020-2028)
End-users Type Outlook (Revenue, USD Million; 2020-2028)
The global Cell Surface Markers market is broadly divided into 5 major regions, viz. North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
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