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Get Industry Insights in Global Cell Signaling Market – Analysis and Forecast to 2024
by VynZ Research Marketing Research ConsultantCell signaling is complicated interactive system that controls and intermediates numerous cellular reactions in the human body. These signaling pathways chiefly comprise of proteins that can interact, progress to particular locations. The global cell signaling market is growing at significant rate, due to 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 the higher growth worldwide, which is due to mounting occurrence of chronic diseases and escalating number of research activities. The consumables are further sub divided 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 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 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 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, the healthcare expenditure is increasing in North America, which has increased the accessibility and affordability of treatment among the individuals.
Asia-Pacific is observed to witness fastest growth in the market, as the region comprises of large population base. In addition, mounting occurrence of chronic diseases, boosting research and development activities, budding partnership of main players with local manufacturer, expanding geriatric population and improving life science infrastructure are also creating a positive impact on the cell signaling market growth in the region.
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Key players in the cell signaling market are catering the demand of these devices by investing on 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, 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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Created on Sep 14th 2018 04:52. Viewed 799 times.
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