By 2033, it is expected that the global high-content screening market will be worth US$ 3 billion. Positive market growth is anticipated for high-content screening, and in 2022, it is projected to reach a total estimated value of more than US$ 1.6 billion. There will be a significant increase in demand for high-content screenings, as evidenced by the projected CAGR of 5.8% in terms of sales volume (units).
Cellomics and high content screening (HCS) are related terms. It is a technique used in biological research and drug discovery to find new drug candidates. Digital microscopy and flow cytometry are the main foundations of high-content screening systems, along with a combination of IT systems for the storage and analysis of biological data.
The pharmaceutical industry has found that high content screening techniques are very effective for characterizing preclinical drugs. This technology frequently coexists with a variety of other uses, like drug development. The use of HCS in conjunction with chemical genetics to study biological systems is expected to grow over the next few years.
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Key Takeaways
- The CAGR for the global market over the preceding period was 5.1%.
- Over the coming decades, the market in India is anticipated to grow at a CAGR of 6.6%.
- With more than 7.3% of all demand recorded in Europe in 2022, Germany has emerged as a major market.
- Over the coming decade, the market in China is anticipated to grow at a CAGR of 7.8%.
- The highest demand for High Content Screenings came from the pharmaceutical and healthcare industries.
“The rising prevalence of multiple infectious diseases with a variety of symptoms raises the demand for innovative treatments. As a result, there will be an increase in biotechnology and pharmaceutical study and development efforts to identify new drug candidates. Imaging technologies are becoming increasingly important in drug discovery and analysis.” says an FMI analyst.
Competitive Landscape
Key players in the HCS market employ strategies such as mergers and acquisitions, product launches, collaborations, and alliances to expand their businesses.
- Particle Works, a progressive company that creates and markets cutting-edge particle engineering platforms, declared the release of the Automated Library Synthesis (ALiS) System, a new ground-breaking platform, in November 2022. This innovative platform favors automation in the early stages of the creation of drugs as well as high-throughput evaluation of lipid nanoparticle (LNP) formulations and mRNA candidates.
- The Twist High Throughput Antibody Production platform, developed by California-based Twist Bioscience Corporation, was made public in April 2022. It allows customers to convert candidate genetic sequences into cleansed antibodies for use in a variety of applications related to screening and therapeutic discovery projects.
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Key Companies Profiled
- Thermo Fisher Scientific Inc.
- Becton Dickinson, and Company
- GE Healthcare
- Olympus Corporation
- PerkinElmer Inc.
- Sysmex Corporation
- Merck KGaA
- Danaher Corporation
- Yokogawa Electric Corporation
- BioTek Instruments Inc.
More Valuable Insights
Future Market Insights, in its new offering, presents an unbiased analysis of the global high-content screening market presenting a historical analysis from 2018 to 2022 and forecast statistics for the period of 2023 to 2033.
The study reveals essential insights by product type (cell imaging & analysis, consumables, software, services), industry (pharmaceutical & healthcare, biotechnology, educational institutions, independent CROs, government organizations), application & region.
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