High Content Screening Market Worth $615.8 Million by 2018
DALLAS, February 11, 2014 /PRNewswire/ –
The “High Content Screening Market by Instruments (Cell Imaging and Analysis System),
by Applications (Primary and Secondary Screening, Target Identification and Validation,
Toxicity Studies, Compound Profiling), Software & Services – Global Forecasts to 2018″,
analyzes and studies the major market drivers, restraints, and opportunities in North
America, Europe, Asia, and the Rest of the World (RoW).
Browse more than 50 market data tables with 10 figures spread through 151 pages and
in-depth TOC on “High Content Screening Market”.
Early buyers will receive 10% customization on this report.
This report studies the global High Content Screening Market over the forecast period
of 2013 to 2018. The global High Content Screening Market was valued at an estimated
$362.2 million in 2013 and is expected to reach $615.8 million by 2018, growing at a CAGR
of 11.2% from 2013 to 2018.
Enhanced accuracy of cell imaging and analysis systems helps in reducing the drug
discovery time period and costs, which is a major factor driving the growth of this
market. Furthermore, the increasing use of HCS in toxicity studies in the early phase of
drug discovery is another factor that propels the growth of this market. Government
support for the growth of innovative technologies and rising demand for outsourcing of
drug discovery services, especially in the Asian region, are also major reasons for the
high growth of this market. Based on HCS products, the instruments market commanded the
largest share of 43% in 2013. However, the HCS software market is poised to grow at the
highest CAGR from 2013 to 2018.
Based on geography, the global High Content Screening Market is segmented into North
America, Europe, Asia, and the Rest of the World (RoW). North America accounted for the
largest share of the market in 2013. This large share of the North American region can be
attributed to the various collaborations among prominent players for developing and
marketing new products in the market.
The major players in the High Content Screening Market include Thermo Fisher
Scientific (U.S.), Molecular Devices (acquired by Danaher Corporation) (U.S.),
PerkinElmer, Inc. (U.S.), GE Healthcare (U.K.), Becton, Dickinson and Company (U.S.), Cell
Signaling Technology (U.S.), Genedata AG (Switzerland), Merck KGaA (Germany), Thorlabs,
Inc. (U.S.), and Yokogawa Electric Corporation (Japan), among others.
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