Cell-based Assays Market Size, Share & Trends Analysis Report By Products & Services (Reagents, Assay Kits), By Application (Basic Research, Drug Discovery), By End-use, By Region,- Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2024-2034

Cell-based Assays Market Size and Research

The cell-based assays market size was exhibited at USD 17.52 billion in 2024 and is projected to hit around USD 41.1 billion by 2034, growing at a CAGR of 8.9% during the forecast period 2024 to 2034.

Cell-based Assays Market Key Takeaways:

• In 2024, assay kits led the market, holding a revenue share of 38.2%.
• The reagents segment is expected to grow at a robust CAGR of 9.7% during the forecast period.
• The drug discovery segment dominated the market in 2024, with a 40.0% revenue share.
• The basic research segment is anticipated to grow at an impressive CAGR of 9.3% from 2024 to 2034.
• The pharmaceutical and biotechnology companies segment captured a leading revenue share of 51.0% in 2024.
• The academic and research institutes segment is projected to be the fastest-growing, with a CAGR of 9.5% during the forecast period.

The market is witnessing substantial growth driven by factors like the rising need for drug discovery, expanding research efforts in biotechnology, and the increasing incidence of infectious diseases, cancer, autoimmune disorders, and genetic conditions. The launch of new products is likely to fuel market growth in the coming years. For instance, in September 2024, Ncardia announced the launch of new cell-based assays for screening neurodegenerative diseases including Parkinson's disease.

U.S Cell-based Assays Market Size and Growth 2024 to 2034

The U.S. cell-based assays market size is evaluated at USD 5.15 billion in 2024 and is projected to be worth around USD 12.17 billion by 2034, growing at a CAGR of 8.13% from 2024 to 2034.

North America dominated the global Cell-based Assays market in 2024, accounting for 42.0% of the revenue share. The region is expected to retain its leadership and expand steadily throughout the forecast period. The market's strong position is largely due to collaborative efforts between academic research institutions and pharmaceutical companies, which have driven extensive research initiatives across the region. These partnerships have facilitated innovations and advancements in cell-based assay technologies, contributing significantly to the region's sustained market growth.

U.S. Cell-based Assays Market Trends

The cell-based assays market in U.S. held a significant share of the North American market in 2024, fueled by the presence of key players and a large end user base. Market growth is significantly driven by the high incidence of chronic diseases, including cancer, diabetes, arthritis, and cardiovascular diseases. In addition, the increasing emphasis on personalized medicine and the rapid expansion of the biopharmaceutical and biotechnology industries in the region are also key factors contributing to this growth. Together, these elements create a robust demand for cell-based assays, which are essential for developing innovative therapies and improving patient outcomes.

Europe Cell-based Assays Market Trends

The Europe Cell-based assays market is experiencing significant growth. This market is driven by several factors, including increased research initiatives, a strong pharmaceutical sector, and the high prevalence of chronic illnesses. Additionally, advancements in technology, government support, the presence of key market players, and the ongoing shift toward personalized medicine further contribute to this expansion. With these elements in place, the market is projected to experience continued growth in the region.

The cell-based assays market in UK is experiencing significant growthdue to healthcare improvements and technological advancements. The presence of numerous pharmaceutical and biotech companies in the UK significantly drives the adoption of cell-based assays for drug discovery. Additionally, the country is home to well-established academic and research institutions that actively engage in basic research utilizing these assays. Government initiatives, such as the Life Sciences Sector Deal, along with a pool of skilled researchers and advanced infrastructure, position the UK as an attractive hub for research and development in cell-based assays. This combination of factors supports ongoing innovation and growth within the sector.

Germany cell-based assays market is experiencing significant growth, driven by robust pharmaceutical and biotechnology industry, with numerous companies engaged in drug discovery and development. This creates a high demand for cell-based assays, which are essential for evaluating drug efficacy and safety.

Asia Pacific Cell-based Assays Market Trends

The cell-based assays market in Asia Pacific is experiencing the fastest growth,driven by significant advancements in healthcare infrastructure and technology. Asia-Pacific is witnessing robust growth in its pharmaceutical and biotechnology sectors, particularly in countries like China, India, Japan, and South Korea. The increasing focus on drug discovery and development drives demand for cell-based assays across the region. With the growing interest in personalized medicine in Asia-Pacific, there is a rising demand for cell-based assays to aid in the development of patient-specific therapies. These assays help in tailoring treatments based on individual cellular responses, making them integral to personalized healthcare approaches.

The China cell-based assays market is growing, driven by the rapid expansion of its biotechnology and pharmaceutical industries. The country's growing investment in drug discovery and development has significantly increased the demand for cell-based assays, which are essential for evaluating drug efficacy, toxicity, and safety. China's emphasis on innovation in healthcare, supported by government initiatives and the rising prevalence of chronic diseases, has further bolstered the adoption of these assays, positioning China as a key player in the global market.

Latin America Cell-based Assays Market Trends

The cell-based assays market in Latin America is experiencing significant growth, owing to increasing investments in pharmaceutical and biotechnology sectors, particularly in countries like Brazil, Mexico, and Argentina. The rising prevalence of chronic diseases, such as cancer, diabetes, and cardiovascular conditions, has amplified the need for innovative drug discovery and development, where cell-based assays play a crucial role. Additionally, the region is seeing growing support from governments and international organizations through funding and initiatives to enhance research capabilities. Latin America's expanding academic and research institutions are also contributing to the adoption of advanced cell-based assay technologies

Middle East and Africa (MEA) Cell-based Assays Market Trends

The MEA cell-based assays market is expanding driven by increased investment in healthcare and life sciences, especially in countries like South Africa, Saudi Arabia, and the UAE.

The cell-based assays market in Saudi Arabia is expanding due to increased healthcare investment and improved infrastructure. The government’s Vision 2030 initiative, which emphasizes diversification and investment in healthcare infrastructure, has boosted research and development activities in biotechnology and pharmaceuticals.

Report Scope of Cell-based Assays Market

Cell-based Assays Market By Products & Services Insights

In 2024, assay kits led the market, holding a revenue share of 38.2%. These kits are anticipated to witness substantial growth due to their versatility in numerous biopharmaceutical applications. They are essential for analyzing various aspects of cellular behavior, including cell cycle progression, movement, and infiltration. Additionally, they play a pivotal role in measuring levels of critical cellular components, often used to assess cell viability and responses to diverse stimuli.

The reagents segment is expected to grow at a robust CAGR of 9.7% during the forecast period. Reagents are indispensable in examining various properties of living cells and supporting assays for processes such as cell growth, differentiation, apoptosis, and signal transduction. Their extensive use by biopharmaceutical and biotechnology firms drives the demand for consumable products essential in cell development and production workflows.

Cell-based Assays Market By Application Insights

The drug discovery segment dominated the market in 2024, with a 40.0% revenue share, driven by increasing demand for innovative treatments, heightened competition for regulatory approvals, and significant R&D investments. Growth in this sector is further bolstered by government and biopharmaceutical company initiatives, the introduction of new medications, and a rise in chronic diseases, including cancer, cardiovascular conditions, and diabetes.

The basic research segment is anticipated to grow at an impressive CAGR of 9.3% from 2024 to 2034. Cell-based assays play a critical role in this domain, enabling scientists to study the effects of drugs, compounds, and environmental factors on specific cell types. These assays provide valuable insights into biological pathways and potential therapeutic targets. The increasing prevalence of chronic illnesses, such as cancer and neurodegenerative diseases, has amplified the demand for basic research utilizing cell-based assays to investigate disease mechanisms and develop novel treatment approaches.

Cell-based Assays Market By End-use Insights

The pharmaceutical and biotechnology companies segment captured a leading revenue share of 51.0% in 2024. This segment is projected to expand further from 2024 to 2034, owing to its significant role in these industries. Biotech and pharmaceutical firms heavily depend on accurate, high-throughput screening methods to evaluate cell toxicity and mobility. Moreover, the growing emphasis on personalized medicine and targeted therapies is fueling the demand for cell-based assays, which are integral to advancing treatments and fostering innovation in biotechnology and pharmaceuticals.

The academic and research institutes segment is projected to be the fastest-growing, with a CAGR of 9.5% during the forecast period. This growth is primarily attributed to the increasing utilization of cell-based assays in research and the development of innovative diagnostic tools based on these assays. Academic and research institutions are consistently advancing cell-based assay technologies to enhance their accuracy, efficiency, and applicability in diverse research fields, propelling their market expansion.

Some of the prominent players in the Cell-based Assays Market include:

• Bio-Rad Laboratories, Inc.
• Corning Incorporated
• Merck KGaA
• Lonza Group AG
• Charles River Laboratories
• Becton, Dickinson and Company (BD)
• Danaher Corporation
• Promega Corporation
• Thermo Fisher Scientific Inc.
• F. Hoffmann-La Roche Ltd. (Roche Holdings AG).
• Perkin Elmer Inc.

Cell-based Assays Market Recent Developments

• In October 2024, Sphere Fluidics unveiled Cyto-Mine Chroma, the second generation of its Cyto-Mine platform, offering enhanced features such as multiplexing and increased assay flexibility. This advanced platform is designed to improve the efficiency and precision of single-cell functional analysis workflows, making it a valuable tool for researchers in drug discovery and biotechnology applications.
  
  
• In September 2024, Ncardia introduced a set of ready-to-use cell-based assays designed to streamline the screening and selection of potential treatments for neurodegenerative conditions like Parkinson's disease. These assays utilize induced pluripotent stem cells (iPSCs) derived from human sources. iPSCs are capable of transforming into nearly any cell type. The process begins by obtaining cells from healthy individuals or patients and then reprogramming them into a stem-cell-like state in the laboratory.

Segments Covered in the Report

This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2034. For this study, Nova one advisor, Inc. has segmented the Cell-based Assays Market

By Products & Services

• Reagents
• Assay Kits

• • Cell Growth Assays
  • Reporter Gene Assays
  • Cell Death Assays
  • Second Messenger Assays

• Microplates
• Probes & Labels
• Instruments & Software
• Cell Lines

• • Primary Cell Lines
  • Stem Cell Lines
  • Immortalized Cell Lines

By Application

• Basic Research
• Drug Discovery
• Other Applications

By End-use

• Pharmaceutical & Biotechnology Companies
• Academic & Research Institutes
• Contract Research Organizations (CROs)

By Regional

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa (MEA)