$18.64 Bn Cell Counting Devices Markets - Global Outlook & Forecast 2024-2029: Rapid Shift from Manual to Automated Cell Counting, Expansion of Application Areas in Research and Drug Discovery, - ResearchAndMarkets.com

The "Cell Counting Devices Market - Global Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

The Cell Counting Devices Market was valued at USD 12.39 billion in 2023, and is expected to reach USD 18.64 billion by 2029, rising at a CAGR of 7.04%

The global cell counting devices market is exceptionally active, with several global, regional, and local players offering various cell counters. Also, the hematology analyzers used for cell analysis and counting significantly influence vendor competition. Several leading hematology analyzer companies compete with cell counting device manufacturing companies. The market is increasingly competitive, and vendors are highly focused on making partnerships and collaborations to maintain a competitive edge over other players.

North America dominated the global cell counting devices market share, accounting for a global share of over 36% in 2023. The region is dominating the global market with the rise in the aging population, prevalence of chronic diseases, increasing healthcare expenditure, need for advanced healthcare, presence of well-established players, and a major shift towards automation in cell counting devices.

Most importantly, several manufacturers producing automated cell counting equipment with a wide range of products according to the margin of affordability contribute to the region's highest share in the global market. Furthermore, in North America, the U.S. is a major market landscape with the highest revenue growth for cell counting devices compared to other countries worldwide.

Europe holds a significant position in the global cell counting devices market in 2023. In Europe, a significant patient population with chronic diseases raises research and development activities across life sciences industries, delivering lucrative market growth opportunities. Furthermore, the growing research across cell and gene therapies, stem cells, and regenerative medicines drives the region's demand for automated cell counters. Also, APAC will likely be the fastest-growing region in the global cell counting devices market during the forecast period.

This is mostly due to the growing aging population in need of diagnosis and treatment, the rise in prevalence of chronic diseases, demand for high-quality healthcare, growing healthcare infrastructure, and most importantly, the increasing number of healthcare centers such as hospitals, clinics, diagnostics centers, laboratories, and others.

MARKET TRENDS & DRIVERS

Technology Advancements in Cell Counting Devices

Cell counting is essential for biologists who work with/on cells for cell culture. Manual cell counting has been the most popular method in the past few decades and is commonly used across life sciences sectors. However, the development from manual to automated cell counting devices, integration and adoption of innovative technologies such as flow cytometry and image-based cell counting systems, and integration of new modules and tools are revolutionizing the cell counting devices market landscape and are expected to deliver significant growth opportunities.

The most recent advancement, the introduction of image-based cell counters, delivers the benefits of continuous development of image analysis algorithms and machine learning for more consistent and faster counting. Certainly, computer-based image analysis helps detect features easily missed by the human eye. All these developments emerge rapidly as the industry develops with automated cell counting devices. These advanced systems lighten traditional methods' changeability, providing faster throughputs and superior accuracy.

Increasing Application Areas for Cell Counting Devices

Cell counting is an essential operation in several fields and industries. It is fundamental for research biologists who work with cells. From cell culture- seeding cells at adequate densities, monitoring cell health and proliferation, and facilitating proper passaging to vital for in-vitro experiments. Cell counting has become essential in several industries, from disease diagnosis to drug development and production, and has gained significant attention in the past few years

In pharmaceutical, academic, and industrial sectors, major factors, such as stem cell research, regenerative medicines, and personalized medicines, are trending factors closely associated with cell culture and analysis, which deliver lucrative opportunities for cell counting. Most biological applications work on cells, such as blood work, cell culture, and microbiology, expand the growth of the cell counting devices market.

Also, the growing research across stem cell research and regenerative medicines offers lucrative opportunities for cell counting devices. In stem cell research and regenerative medicine development, the requirement of consistent cell counts to achieve successful work in research activities and cell counting devices play an essential role. In recent years, the rising attention in stem cell research across industry and academic sectors is due to cells' potential to alleviate and cure many health conditions.

Growing Burden of Chronic Disorders

The cell counting devices market is gaining popularity in the healthcare industry to diagnose, treat, and monitor several health conditions. Hospitals and clinics widely use cell counting devices to measure and determine patient health. In clinical diagnosis, hematology analysis of body fluids delivers valuable information and indicates clinical health conditions. The full blood count is regularly/routinely performed in health settings to measure diagnosis in health settings, which involves cell counting in blood samples.

Moreover, the growing burden of chronic diseases boosts the demand for cell-counting devices. Cell counting is the most important consideration for cancer, autoimmune diseases, and CVD diseases, as well as for diagnosis, monitoring, and effective treatment delivery. Conversely, automated cell counting devices are recognized as vital to eliminating the extra workforce cost burden and monitoring development and manufacturing processes in drug discovery for these health conditions.

Insights by Product

Consumables:

• Holds the largest market share in 2023.
• Includes assays, reagents, accessories, software analysis algorithms, assay kits, microplates, and other accessories (e.g., beads, slides).
• High application rate due to their disposable nature; ongoing investment in consumables drives significant market growth.

Instruments:

• Comprises spectrophotometers, flow cytometers, hematology analyzers, manual cell counters (hemocytometers), automated cell counters, and Coulter counters.
• Growth is fueled by technological advancements and increased preference for automated systems.
• Automated cell counters reduce human errors and enhance precision and throughput, leading to rising popularity in various applications.

Research, Development, & Bioprocessing:

• Holds the largest share of the global market in 2023.
• Driven by increasing R&D activities across life sciences and bioprocessing sectors.
• The medical application of cell counters in disease diagnosis contributes to growth in the clinical diagnostics segment.

Pharma & Biotech Companies:

• Accounted for the largest market share in 2023.
• Significant investment in R&D for novel drugs and therapies drives demand for cell counting devices.
• Essential for developing cell and gene-based therapies, regenerative medicines, biologics, and vaccines, highlighting their crucial role in pharma and biotech research.

KEY QUESTIONS ANSWERED:

• What is the growth rate of the global cell counting devices market?
• How big is the cell counting devices market?
• What are the significant trends in the cell counting devices industry?
• Which region dominates the global cell counting devices market share?
• Who are the key players in the global cell counting devices market?

Key Attributes:

MARKET DYNAMICS

Market Opportunities & Trends

• Technological Advances in Cell Counting Devices
• Increasing Application Areas for Cell Counting Devices
• Rising Focus on Flow Cytometry in Cell Counting

Market Growth Enablers

• Growing Burden of Chronic Disorders
• Rapid Shift from Manual to Automated Cell Counting Devices
• Expansion of Application Areas in Research and Drug Discovery Activities

Market Restraints

• Challenges Associated with Cell Counting
• Cost of Cell Counting Devices
• Lack of Expertise, Automation, & Human Errors

Scope & Coverage

• Market Definition
• Inclusions
• Exclusions
• Market Estimation Caveats
• Market Segmentation
• Market by Product
• Market by Applications
• Market by End-users
• Regions & Countries Covered
• Market Derivation
• Historic Period, Base Year, & Forecast Years

Key Company Profiles

• AbbottBusiness
• Bio-Rad Laboratories
• Boule
• Danaher
• Diatron
• HORIBA
• Merck KGaA
• PerkinElmer
• Siemens Healthineers
• Sysmex Corporation
• Thermo Fisher Scientific

Other Prominent Vendors

• Advanced Instruments
• Agilent Technologies
• Axion BioSystems
• Aligned Genetics (Logos Biosystems)
• Alphatec Scientific
• Agappe Diagnostics
• Analyticon Biotechnologies
• Balio Diagnostics
• B&E BIO-TECHNOLOGY
• BioSystems Diagnostics
• Bioway Biological Technology
• BIOSYSY Scientific Devices GmbH
• Benchmark Scientific
• BD
• Bruker Spatial Biology (NanoString Technologies, Inc.)
• Bentley Instruments
• ChemoMetec
• Corning Incorporated
• Curiosis Inc
• Cytek Biosciences
• Cole-Parmer Instrument Company
• Cellular Technology Limited (Immunospot)
• CLINDIAG SYSTEMS
• CONTECH MEDICAL SYSTEMS
• Convergent Technologies
• CPC Diagnostics
• DIAGON
• Dirui
• Drucker Diagnostics
• DeNovix
• EDAN Instruments
• F. Hoffmann-La Roche
• Genrui Biotech
• High Technology
• Hospitex International Ltd
• LINEAR CHEMICALS
• Maccura Biotechnology
• Meril Life Sciences
• Medsource Ozone Biomedicals
• NIHON KOHDEN CORPORATION
• Norma Instruments
• NanoEntek
• Paul Marienfeld GmbH & Co. KG
• RWD Life Sciences Co., LTD.
• Revvity
• Sartorius AG
• Shenzhen Mindray Bio-Medical Electronics
• Shenzhen Landwind Industry
• Prestige Diagnostics
• SFRI
• Shenzhen Dymind Biotechnology
• Shenzhen Prokan Electronics
• SPINREACT
• Trivitron Healthcare
• Tecan Trading Ag
• Tip Biosystems

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