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Cell Viability Assays Market Size

  • Report ID: GMI10906
  • Published Date: Aug 2024
  • Report Format: PDF

Cell Viability Assays Market Size

Cell Viability Assays Market size was valued at USD 1.7 billion in 2023 and is poised to grow at 8.5% CAGR from 2024 and 2032. Advances in biotechnology and the increasing adoption of precision medicine have fueled the demand for precise and reliable cell viability testing. Additionally, the rising prevalence of chronic diseases, such as cancer and cardiovascular disorders, necessitates the development of novel therapeutics and efficient drug discovery processes, which rely heavily on cell viability assays.

 

Furthermore, the growing emphasis on early-stage drug testing, coupled with a surge in clinical trials aimed at evaluating new therapies, further boosts market growth. Expanding research activities in cellular and molecular biology, along with increased funding for research and development, contribute to the sustained growth of the market. The adoption of advanced technologies, such as high-throughput screening and automated assays, enhances the efficiency and accuracy of cell viability testing, contributing to the market's expansion.
 

Cell viability assays are experimental techniques used to assess the ability of cells to survive and function over a given period under specific conditions. These assays are essential in cell biology, toxicology, drug development, and various biomedical research fields to determine the effects of treatments, chemicals, or environmental changes on cell health. They are particularly vital in drug discovery for evaluating the cytotoxicity of compounds, in cancer research for assessing the effectiveness of therapies, and in many other applications where cell health is a critical factor.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The cell viability assays market was valued at USD 1.7 billion and is poised to grow at 8.5% CAGR during 2024-2032, driven by advances in biotechnology and the increasing adoption of precision medicine.

The biopharmaceutical & pharmaceutical companies segment in the market will grow at 8.6% CAGR through 2024-2032, as they are heavily involved in the drug development process

North America cell viability assays market accounted for USD 696 million in 2023 and is expected to grow at 8.3% CAGR through 2032, owing to the presence of numerous prestigious research and academic institutions.

Becton, Dickinson and Company, Bio-Rad Laboratories, Inc, BioTek Instruments, Inc. (Agilent Technologies, Inc., Biotium, Inc, Canvax Biotech S.L, Creative Bioarray, Inc, and Danaher Corporation among others.

Cell Viability Assays Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 460
  • Countries covered: 23
  • Pages: 265
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