The global cell proliferation kits market is expected to expand at a healthy growth rate of 7.75% over the forecast period i.e., from 2018 to 2022. A cell proliferation kit gives a quick quantification of cell proliferation and viability. These kits are used for the analysis of pharmaceutical compounds and toxic agents and quantification of cell proliferation regarding mitogens, nutrients, and growth factor. The rising adoption of toxicology testing in the food sector is one of the prominent factors driving the growth of the global market. The global food sector is emphasizing on improving the safety testing techniques in order to reduce the number of cases regarding food contamination.
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There is also a rising need for high throughput chemical toxicology testing for ensuring food safety. Various substances such as food packaging materials, coatings, and pigments used in polymers are also toxic and must be tested. In addition, a lot of crops including maize and wheat can produce toxins in order to protect themselves from extreme climates. All such chemical compounds can affect human health resulting in chronic inflammation and oxidative stress. All these factors demand the need for cell proliferation kits thereby boosting the growth of the global market for cell proliferation kits.
On the other hand, the lack of skilled professionals may have a negative impact on the market development. However, factors such as rise in demand for various cytotoxic drugs and medicines and increased awareness about nutritional products are predicted to support the market growth over the forecast years. Furthermore, various technological updates in these techniques are also likely to augment the market expansion.
The global cell proliferation kits market is categorized as per application and region. On the basis of application, the market is categorized into biotechnology companies, pharmaceutical companies, research labs, and academic institutes. On the basis of region, the market is divided into Europe, Middle East and Africa (EMEA), Asia Pacific, and Americas.
The Americas held the largest share of the overall market for cell proliferation kits in 2017. The region is likely to witness maximum development opportunities over the next few years. Easy availability of effective diagnostic procedures is predicted to drive the regional development in the forthcoming years. In addition, shifting preferences of users in this region toward personalized and preventive healthcare is also predicted to augment the growth of the global market.
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The major companies operating in the global cell proliferation kits market include Bio-Rad Laboratories, Inc.; F. Hoffmann-La Roche AG; Thermo Fisher Scientific; Merck & Company, Inc.; and Merck & Co. Most of these market players follow various strategies to obtain top market position. These strategies include regional expansions and M&A activities. New product launch is another popular market strategy undertaken by these players to strengthen their foothold in the global market.
For example, PerkinElmer recently introduced its new VICTOR Nivo Multimode Plate Reader, which offers high performance for a wide variety of biochemical and cell-based applications such as measuring cytotoxicity and cell proliferation, quantification of protein and DNA, and characterization of compound effects on phosphodiesterase activity or PDE activity. The new reader is very easy to use and scientists can control its software with the help of an Internet or Wi-Fi connection from laptop, tablet, or PC for effective workflow management.
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