Cell proliferation kits are assay-based test solutions that aid in the quantification of cell proliferation and viability. Proliferation tests are based on the conversion of the tetrazolium salt WST-1 to formazan by the activity of cellular mitochondrial dehydrogenases. The rise in the number of viable cells is proportional to the amount of formazan dye produced during the interaction. These kits are utilized in the analysis of pharmaceutical compounds, toxic agents, and the quantification of cell proliferation. Factors affecting the market’s growth include rising demand for cytotoxic drugs and technological advancements in assay techniques. However, a shortage of skilled professionals and strict regulatory policies will have a negative impact on market growth during the forecast period.
The global cell proliferation kits market is categorized based on type, application, and geography. This market is divided into two types: colorimetric detection methods and fluorescent detection methods. In 2017, the colorimetric detection method segment dominated the global market owing to its high adoption across end-users. Based on the applications, the market is segmented into pharmaceutical manufacturers, biotechnology companies, academic institutes, and research laboratories.
Due to the rising awareness regarding cell-based assays and the growing support of the government to promote the use of cell proliferation kits, the global market is expected to be led by North America in 2017. Furthermore, the preference of consumers for personalized healthcare facilities is another factor fueling the growth of the North American market. Asia Pacific is identified as the fastest-growing market due to the growing investments by key players in the region.
The global cell proliferation kit market is dominated by key players, and very few local players are present in the market. The players are focusing on market penetration by adopting strategic initiatives such as product launches, regional expansions, etc. For instance, in 2017, PerkinElmer, Inc. launched the VICTOR Nivo Multimode Plate Reader, which offers high performance for biochemical and cell-based applications.
The global cell proliferation kits market is segmented on the following basis:
Cell Proliferation Kits Market by Type, 2016-2026 (US Dollar Millions)
- colorimetric detection method
- Fluorescent Detection Method
Global Cell Proliferation Kits Market by Application (US$ Mn), 2016-2026
- Pharmaceutical Manufacturers
- Biotechnology Companies
- Academic Institutes
- Research Laboratories
Cell Proliferation Kits Market by Geography, 2016-2026 (US Dollar Millions)
- North America
- Rest of Europe
- Rest of Asia Pacific
- rest of Latin America
Middle East and Africa
- Rest of the Middle East and Africa
Key players identified in the cell proliferation kits market include:
Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche Ltd., GE Healthcare, Merck & Company, Inc., PerkinElmer, Inc., and Thermo Fisher Scientific, Inc.
This report offers the following:
- The market size of the cell proliferation market by 2026 and its growth rate during the forecast period
- Current trends in the global cell proliferation market and the factors driving the market
- Challenges to the market’s growth
- What are the market opportunities and threats to the players operating in the global cell proliferation market?
- Factors influencing the market shares of regional markets