Apoptosis Assays Market Overview:
Increasing R&D expenses and growing cell-based research are expected to drive the growth of the market. On the other hand, required high investment for research activities can restrain the market growth over the assessment period. Recently, in 2016, the UCLA Eli and Edythe Broad Center of Regenerative Medicine and Stem Cell Research and the Stein Eye Institute received USD 5.1 million from the California Institute for Regenerative Medicine. This funding helps for the development of novel therapy for blinding retinal conditions. Furthermore, the National Institutes of Health (NIH) invested USD 1.65 billion for stem cell research in 2017. This funding drives the growth of the apoptosis assays market.
An insightful report furnished by Market Research Future (MRFR) states that the apoptosis assays market was estimated at USD 2.99 billion in 2017. In addition, the report predicts the market will be surging at a CAGR of 9.4% over the forecast period (20182023).
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Apoptosis Assays Market Segmentation:
The market for apoptosis assays is segmented on the basis of product, detection technology, application, and end user.
Depending on product, the apoptosis assays market is considered for kits, reagents, instruments, and others. Out of these, the kits segment held the maximum share of the global market in 2017.
By detection technology, the apoptosis assays market is fragmented into flow cytometry, fluorescence microscopy, western blot assessment, gel electrophoresis, and others.
Application-wise, the apoptosis assays market is segmented into drug discovery and development, stem cell research, and others.
The end-users in the global apoptosis assays market include pharmaceutical and biological companies, research institutes, and others.
Apoptosis Assays Market Key Vendors:
some of the vendors currently dominating the global apoptosis assays market are
Apoptosis Assays Market Drivers and Top Barriers:
The global apoptosis assays market is set to flourish at an exponential rate in the coming years backed by the increasing incidence as well as the prevalence of chronic and infectious diseases. In addition, with the development of apoptosis-modulating drugs coupled with the surge in cell-based research, the market is poised to do excellent business during the review period.
On the downside, the dearth of skilled personnel for research and development of apoptosis assays could be a debilitating factor in the growth of the market. However, the increasing adoption of apoptosis assays in developing markets around the world will present numerous lucrative opportunities for the market in the following years.
The market for apoptosis assays is set to taste further success on account of the growing adoption of apoptosis as well as molecular targeting therapy for treating cancer along with technological advancements in the field.
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Apoptosis Assays Market Regional Insight:
The apoptosis assays market is spread across the key regions of the Americas, Asia Pacific, Europe, and the Middle East and Africa.
Global Apoptosis assays Market, by Region
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