Cell Signaling Market Report, Key Players, Size, Share, Analysis & Forecast 2024

Posted by Yash Chauhan on March 19th, 2019

The global cell signaling market is growing at a significant rate, due to the mounting occurrence of chronic diseases and technological improvements in cell-based research instruments.

There are two products of cell signaling, consumables, and instruments. Of both, consumables market witnessed higher growth worldwide, which is due to mounting occurrence of chronic diseases and escalating number of research activities. The consumables are further subdivided into reagents, antibodies, assay kits, and others.

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On the basis of technology, the market is subdivided into Elisa, microscopy, western blotting, mass spectrometry, immunohistochemistry, flow cytometry and other. Of all, microscopy segment witnessed the highest growth in the market.

The mounting occurrence of chronic diseases, accessibility of finance for cell-based research, technological improvements in cell-based research instruments and progress of biopharmaceuticals and life science industries are the primary growth drivers for cell signaling industry. For instance, according to the Centers for Disease Control and Prevention in 2012, approximately 117 million people in the U.S. had one or the more chronic conditions.

The high cost of the system, and complexities related to reagent and antibody development are the major challenges for the growth of cell signaling market. The socio-ethical issues involved in stem cell research such as religious briefs and destruction of the human embryo are considered as the hindering factor for the market.

Geographically, North America is the largest cell signaling market as in the region the occurrence of chronic disease is increasing. For instance, according to GLOBOCAN in the U.S., approximately 1.6 million new cancer cases were diagnosed and there were 0.6 million cancer deaths in 2012. In addition, healthcare expenditure is increasing in North America, which has increased the accessibility and affordability of treatment among individuals.

Asia-Pacific is observed to witness the fastest growth in the market, as the region comprises of the large population base. In addition, the mounting occurrence of chronic diseases, boosting research and development activities, the budding partnership of main players with a local manufacturer, expanding geriatric population and improving life science infrastructure is also creating a positive impact on the cell signaling market growth in the region.

Key players in the cell signaling market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. Cell Signaling Technology has commenced an office in Shanghai China, to encourage the swiftly multiplying China life science market.

In addition, in June 2018, Bio-Techne Corporation acquired Exosome Diagnostics, Inc., to integrate its product portfolio. Merck KGaA, Cell Signaling Technology, Inc., Perkinelmer, Inc., Thermo Fisher Scientific Inc., Qiagen N.V., Becton, Dickinson and Company, Beckman Coulter Inc., Promega Corporation, Bio-Rad Laboratories, Inc., and Bio-Techne Corporation are the key players offering products.

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Yash Chauhan

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Yash Chauhan
Joined: February 25th, 2019
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