The Business Research Company’s Cell Based Assays Global Market Report 2020-30: Covid 19 Growth And Change. The report covers market size, key players, market share and trends to 2030.
Cell Based Assays Global Market Report 2020-30: Covid 19 Growth And Change is one of a series of new reports from The Business Research Company that provide Cell Based Assays market overviews, analyze and forecast market size and growth for the whole market, Cell Based Assays market segments and geographies, Cell Based Assays market trends, Cell Based Assays market geographies. The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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The cell based assays market consists of sales of cell based assays. Cell-based assays are analytical tools that are designed to study a mechanism or process of cellular function. Companies developing cell based assays provide consumables such as reagents, assays kits and microplates as well as instruments, services and software. This report includes sales of reagents, cell lines, microplates, microplate, assay kits, probes and labels, and others.
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The global cell based assays market is expected to grow from $15.3 billion in 2019 to $17.2 billion in 2020 at a compound annual growth rate (CAGR) of 12.3%. The growth of this market is mainly due to cell based assays conducted worldwide amid COVID pandemic. Numerous drugs are being developed to contain virus. These drugs need to be tested to see their mode of action on the living cell. Cell based assays gives an opportunity to conduct these experiments. The market is then expected to recover and grow at a CAGR of 9.1% from 2021 and reach $22.2 billion in 2023.
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