Global High Content Screening Market Projected to Reach USD 1.6 Billion in 2022, Driven by Strong Demand and 5.8% CAGR Forecast

The global High-Content Screening market is set for substantial growth, with the overall valuation expected to reach USD 1.6 billion in 2022, driven by a surge in demand for advanced screening technologies. Projections indicate a robust compound annual growth rate (CAGR) of 5.8%, reflecting the increasing adoption of high content screening solutions across various industries and applications.

HCS, also known as cellomics, has developed into a potent tool for drug discovery and biological research. It enables scientists to look at how different compounds affect cells and identify potential targets for more study. HCS systems store, analyze, and present data to give a comprehensive picture of biological responses using flow cytometry, digital microscopy, and sophisticated IT systems.

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The growth of the high content screening market is propelled by factors such as advancements in imaging technologies, increasing R&D activities in drug discovery and development, and growing applications in personalized medicine and precision healthcare. High content screening offers researchers and scientists the ability to analyze complex biological processes at a cellular level, enabling more accurate and efficient drug discovery and development processes.

As industries across pharmaceuticals, biotechnology, and healthcare continue to prioritize efficiency and accuracy in their research and development endeavors, the demand for high content screening solutions is expected to witness significant growth. Additionally, the integration of artificial intelligence and machine learning technologies is further enhancing the capabilities of high content screening platforms, driving innovation and expanding market opportunities.

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.

Key Segments Profiled in the High Content Screening Industry Survey:

Product Type:

• Cell Imaging & Analysis
  • HCS Instruments
    • High-End HCS
    • Mid End HCS
    • Low-End HCS
  • Flow Cytometers
• Consumables
  • Microplates
  • Reagents & Assay Kits
  • Other Consumables
• Software
• Services

Industry:

• Pharmaceutical & Healthcare
• Biotechnology
• Educational Institutions
• Independent CRO
• Government Organizations
• Others

Application:

• Primary & Secondary Screening
• Target Identification & Validation
• Toxicity Studies
• Compound Profiling
• Others

Region:

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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