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High-End Cellomics Market Growing at a CAGR of 6.4% During the Forecast Period 2021-2031

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According to a recent Future Market Insights (IMF) industry analysis, demand in the high-end cellomics market is expected to exceed US$288.8 million in 2021, growing at a CAGR of 6.4% during the forecast period 2021-2031.

High-end cellomics is a process used in drug discovery and biological research to identify substances such as small molecules, RNAi, or peptides that alter a cell’s phenotype in a desired way.

The global high-end cellomics market is primarily driven by increasing technological advancements in imaging solutions. Technological advancements such as the use of polarization methods, fluorescence-based multicolor reagents, automated imaging technology, and flow cytometry are also expected to further boost the market growth.

Increasing investment in cell science research and development of new molecules by private and government organizations, technological advancements in imaging solutions, and the benefits associated with these innovations such as improved application possibilities in gene documentation and neonatal developmental learning will drive high-end cellomics. market.

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Key Insights from the High-End Cellomics Market Research

  • The global high-end cellomics market is expected to reach US$536.9 million by 2031.
  • By application, drug discovery accounted for 55.5% of overall sales in 2021 and is expected to continue growing at the same trend during the forecast period.
  • Among the end users, pharmaceutical and biotech companies will account for the largest share of 51.8% during the forecast period.
  • By region, North America held the largest share of 32.7% of the global high-end cellomics market.
  • By country, the United States is the most lucrative market in the global high-end cellomics market with revenue of US$81.7 million in 2021.

Who wins?

Some of the leading high-end cellomics manufacturers are focusing on product approvals and launch strategies for global expansion goals, thereby strengthening their market presence. Major key players are focusing on strategic alliance to expand product offerings.

In December 2020, Yokogawa Electronic Corporation agreed with InSphero AG to jointly promote the use of Yokogawa’s high-end cellomics systems for drug discovery research that actively involves the use of in vitro 3D models.

Key market players covered by FMI are PerkinElmer, Inc., ThermoFisher Scientific, Inc., Molecular Devices LLC (part of Danaher Corporation), and Yokogawa Electric Corporation.

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High-End Cellomics Market by Category

Application:

  • Academic research/Basic research
  • drug discovery
    • Primary and secondary screening
    • Identification and validation of targets
    • In Vitro Toxicity Studies
    • Compound profiling

Final user:

  • Pharmaceutical and biotechnology companies
  • Academic and research institutes
  • Independent Contract Research Organizations (CROs)

Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa (MEA)

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About Future Market Insights (IMF)
Future Market Insights (ESOMAR certified market research organization and member of the Greater New York Chamber of Commerce) provides in-depth insights into the driving factors that increase demand in the market. It reveals opportunities that will drive market growth in various segments on the basis of source, application, sales channel, and end-use over the next 10 years.

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