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(Medical-NewsWire.com, December 07, 2017 ) According to the report Latin America Cell Based Assay Market", published by Market Data Forecast, the Latin America market is projected to reach USD 1.67 billion by 2021, at a CAGR of 12.1% from 2016 to 2021.
Cell based assays are majorly used by biotechnology companies, academic research institutes, contract research organizations government institutions, pharmaceutical companies and others. Cell based assay is a technique of examining living cell on the basis of diverse parameters. Cell based assays are used to determine virtually functions of cellular or biochemical processes.
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Pharmaceutical and biotech companies are trying to improve efficiencies and reduce costs associated with drug discovery. Several vendors are turning to cell-based assays as a substitute to biochemical assays and in-vitro testing, as they can be used for various applications, such as recognition and validation of targets, selection for efficacy and safety, and monitoring of cell-based activity all with a guarantee of highly accurate data.
In cell based assays, functional cells are used as analytical tools in research for novel drugs. Cell based assays ease research in the area of immunology, stem cells, cancer and others. Additionally, important advantages of cell based assay, innovation in technologically advanced products and need to decrease costs associated with drug discovery are anticipated to drive the market for cell based assays.
Latin America Cell Based Assay Market: Drivers & Restraints
Increased reliability and advancements in this technology are some of the major drivers for the global cell based assay market. Rapid developments across cell biology, bioinformatics, proteomics and genomics are expected to create exciting business opportunities in the market. The growth market is also driven by continuous innovations and developments in the market aimed at higher throughput. However, high cost of instruments and intellectual property issues are the major factors restraining the growth of this market.
Get a comprehensive overview of the Latin America Cell Based Assay Market: http://www.marketdataforecast.com/market-reports/latin-america-cell-based-assay-market-2222/
Latin America Cell Based Assay Market: Segmentation
By Product Type:
o Primary Cell Lines
o Stem Cell Lines
o Immortalized Cell Lines
Assay Ready Kits
Cell Culture Kits
Reagents & Consumables
Ligands & Inhibitors
Y-o-Y Growth Analysis, By Type of Product
Market Attractiveness Analysis, By Type of Product
Market Share Analysis, By Type of Product
High Content Screening
High Throughput Screening
Y-o-Y Growth Analysis, By Technology
Market Attractiveness Analysis, By Technology
Market Share Analysis, By Technology
Y-o-Y Growth Analysis, By Application
Market Attractiveness Analysis, By Application
Market Share Analysis, By Application
By End User:
Y-o-Y Growth Analysis, By End User
Market Attractiveness Analysis, By End User
Market Share Analysis, By End User
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/latin-america-cell-based-assay-market-2222/customize-report
Latin America Cell Based Assay Market: Overview
The large market share of the region is credited to the growing availability of funds for research and the increase in drug discovery activities in North America. Europe is the second largest cell based assay market. The large market share of the region is credited to the growing availability of funds for research and the increase in drug discovery activities in Europe. Based on product, Consumables segment is expected to dominate the market in 2017. Drug discovery is expected to command the largest market share in 2017 on the basis of application.
Latin America Cell Based Assay Market: Region-wise Outlook
Based on geography the market is analysed under various countries namely, Mexico, Brazil and Argentina. Mexico is dominating the Latin America market and expected to conyinue its domiannace over the forecast period.
Key Questions Answered
What is the current and future Cell Based Assay Market outlook in Latin America? What trends are affecting the Latin America market?
What is the competitive landscape and market share of major players in the Cell Based Assay space in Latin America?
What are the key, high growth markets that Cell Based Assay manufacturers should expand into? Which market segments are growing the fastest?
What are the unmet needs with the Latin America Cell Based Assay currently on the market? How will emerging technologies fulfil these unmet needs?
What is physician perception and market outlook of Latin America Cell Based Assay?
What are the challenges and barriers that have hindered widespread adoption of Latin America Cell Based Assay?
Latin America Cell Based Assay Market: Key Players
The top leaders in cell-based assays market include Thermo Fisher Scientific Inc., Becton, Dickinson and Company, Merck & Co. Inc., Cell Signalling Technology Inc., PerkinElmer Inc., Danaher Corporation, General Electric Company, Cisbio Bioassays, DiscoveRx, Ametek Inc., Bio-Rad Laboratories, Roche Diagnostics, GE Healthcare and Promega Corporation.
Reasons to buy Latin America Cell Based Assay Market Report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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