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(Medical-NewsWire.com, January 17, 2018 ) The Asia-Pacific Cell Based Assay Market was worth USD 1.79 billion in 2016 and estimated to be growing at a CAGR of 12.6%, to reach USD 3.23 billion by 2021. Asia is expected to show high growth rate in the cell based assays market in next few years owing to technological development, increase in investments in R&D includes life science research and drug discover outsourcing in the region.
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Cell based assay procedure is attaining rapid demand all over the medical sector. This process is defined by the analysis of live cell, which is used in several commercial and research based applications. These methods are rising as one of the most favoured tools amongst different methods like biochemical assays and animal tests.
The Asia-Pacific cell based assay market is strongly driven by factors such as significant advantage of these methods over the conventional methods. This fact makes the cell-based assay methods highly reliable in terms of commercial and research applications. Growth in the private-public partnerships and positive help from governments in terms of funding are expected to create strong demand in the market. Scepticism about the long term benefits of this technique is hampering the market growth.
The Asia-Pacific cell based assay market is segmented on the basis of type of product into Cell Lines, Assay Ready Kits, Cell Culture Kits, Reagents & Consumables and Ligands & Inhibitors. Cell Lines segment is further divided into Primary Cell Lines, Stem Cell Lines and Immortalized Cell Lines. On the basis of technology, market is segregated into Automated Handling, Flow Cytometry, Label-Free Detection, High Content Screening and High Throughput Screening. Based on application market is bifurcated among Drug Discovery and ADME Research. By End User type, segmentation is among Academia, Biotechnology, Pharmaceuticals and CRO.
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Based on geography the market is analysed under various countries namely, China, Japan, India, South Korea and Australia. China and Japan are expected to grow at highest rate in the forecast period.
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.
Market Segmentation
1) Type of Product
Introduction
Cell Lines
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
2) Technology
Introduction
Automated Handling
Flow Cytometry
Label-Free Detection
High Content Screening
High Throughput Screening
Y-o-Y Growth Analysis, By Technology
Market Attractiveness Analysis, By Technology
Market Share Analysis, By Technology
3) Application
Introduction
Drug Discovery
ADME Research
Y-o-Y Growth Analysis, By Application
Market Attractiveness Analysis, By Application
Market Share Analysis, By Application
4) End User
Introduction
Academia
Biotechnology
Pharmaceuticals
CRO
Y-o-Y Growth Analysis, By End User
Market Attractiveness Analysis, By End User
Market Share Analysis, By End User
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Reasons to buy Asia-Pacific Cell Based Assay Market Research Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and 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 the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, 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
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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Source: EmailWire.Com 
Source: EmailWire.com
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