Segments - High Content Imaging Market by Type (Instruments, Consumables, Software, and Services), By Application (Primary and Secondary Screening, Target Identification and Validation, Toxicity Studies, Compound Profiling, Other Applications), By End User (Pharmaceutical & Biotechnology Companies, Academic and Government Institutes, Contract Research Organization), and Regions (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast -2022-2030
The global high content imaging market size was estimated at USD 831.7 Mn in 2021 and is anticipated to reach USD 2,001.0 Mn by 2030, expanding at a CAGR of 10.5% during the forecast period, 2022-2030.
High content imaging is a highly automated three-step method that is used to significantly boost imaging throughput and quantification. These three steps are: Image Acquisition, Image Processing and Image Analysis. It uses fluorescent detection, multiparameter algorithms, automated microscopy, and automated microscopy to observe & measure the interaction of therapeutics in cell populations.
In it each cell in an array is examined at a sub-cellular resolution using multicolored fluorescence-based reagents for both specificity and sensitivity. High levels of computer-driven automation are linked to each stage, enabling users to speed up repetitive tasks and remove human bias from the workflow. Tera-bites of captured data are collected, processed, and analyzed in a matter of minutes with little assistance from humans.
An emerging market economy refers to a country that is in the process of development. Countries such as Brazil, Russia, India, China (BRIC), and other countries in Latin America & Southeast Asia are key developing economies.
The economic growth of emerging countries is typically growing by 6% to 7% annually, whereas countries with an already well-established economy report growth rates below 3%. Therefore, the GDP growth rates for emerging market economies are outperforming those of developed countries. Thus, the rising GDP of major & emerging economies plays a crucial role in the expansion of the market.
Governments across the globe are investing in the medical technology industry to increase real per capita healthcare spending. The medical technology industry is an essential component of the healthcare industry. Healthcare expenditure plays an important role in providing opportunities for maintaining health. It strengthens human capital and improves productivity, thereby contributing to economic performance. The medical technology industry registered an average global investment rate (R&D spending as a proportion of sales) of 8% in 2018.
Development of novel therapeutics against the SARS-CoV-2 virus
High-content imaging has been used as an efficient tool in identifying new lead compounds for antiviral drug development. Several high-throughput assays were developed and utilized during the early COVID-19 outbreak to scan collections of approved and investigational drugs in order to find possible anti-SARS-CoV-2 compounds.
A panel of assays was developed and used to screen collections of approved and investigational drugs for anti-severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) activity in a quantitative high-throughput screening (qHTS) format in response to the COVID-19 pandemic. Prulifloxacin, tegobuvir, bictegravir, and nelfinavir have been identified by high-throughput screening (HTS) for drugs against 3CLpro.
Rising need for cost containment in pharmaceutical research and development
Drug development is a lengthy, complex, and costly process with a high degree of uncertainty of success. Pharmaceutical companies are being forced to reevaluate their R&D spending, due to the high cost and protracted nature of drug development. Toxicology studies are conducted by screening huge libraries for possible drug candidates. This approach is costly, and time- and resource-consuming, and it has a poor success rate.
High-content imaging solutions are used for testing the potential toxicity of chemicals and complex substances and are being adopted by pharmaceutical companies to advance in-vitro toxicity testing, which reduces the time and cost. This is expected to fuel the high-content imaging market during the forecast period.
High Content Imaging should be ingested sparingly, as their excessive consumption can have negative effects on some people. High Content Imaging have negative health effects such as allergies, gastrointestinal problems, and an increase in insulin levels. High Content Imaging are anti-arrhythmic, which require patients to take a doctor’s approval before consuming High Content Imaging.
Excessive consumption of High Content Imaging can lead to calcification in the bones and other parts of the body. High Content Imaging overheat the body. Pregnant women are advised to avoid the consumption of an excessive amount of High Content Imaging to avoid any harm to the unborn child. Thus, side effects & allergies associated with the consumption of High Content Imaging can restrain the market.
High-content screening (HCS) is a well-established approach for the multiparametric analysis of cellular events. High-content imaging systems have evolved with many improvements to meet user demands of high flexibility and the growing requirements of assays involving complex cellular disease models.
Molecular Devices, LLC launched its next-generation, high-content imaging system, the ImageXpress Confocal HT.ai High-Content Imaging System, which is designed to help researchers advance phenotypic screening of 3D organoid models. Thus, technological advancements in high content imaging are expected to create opportunities for the market growth over the forecast period.
The report on the global High Content Imaging market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
High Content Imaging Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast |
Base Year |
2021 |
Historic Data |
2015–2020 |
Forecast Period |
2022–2030 |
Segmentation |
Product (Instruments, Consumables, Software, and Services), Application (Primary and Secondary Screening, Target Identification and Validation, Toxicity Studies, Compound Profiling, Other Applications), End User (Pharmaceutical & Biotechnology Companies, Academic and Government Institutes, Contract Research Organization) |
Regional Scope |
Regions (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered |
PerkinElmer Inc, Thermo Fisher Scientific Inc, Agilent Technologies, Inc., Charles River Laboratories, Danaher (Molecular Devices, LLC), Yokogawa Electric Corporation, Miltenyi Biotec, Nikon Corporation (Nikon Instruments Inc), Zeiss Group (arivis AG), Aligned Genetics, Inc. |
On the basis of product, the market is segmented into Instruments, Consumables, Software, and Services. Instruments are further subdivided into cell imaging & analysis systems and flow cytometers. Consumables are further subdivided into reagent & assay kits, microplates and other consumables.
The consumables segment is expected to hold a substantial share of the market during the forecast period, as it is helpful in providing high-performance imaging of a biological sample. High-content imaging systems use automated microscopy and fluorescent detection to visualize and quantify the interaction of therapeutics in cell populations.
Based on By Application, the market is fragmented into primary and Secondary screening, target identification and validation, toxicity studies, compound profiling and other applications. The target identification & validation segment is expected to hold a substantial share of the market during the forecast period, as HCI delivers a functional readout in target validation studies. Target validation shows that a molecular target is directly involved in a disease process and modulation of the target to have a therapeutic effect.
In terms of the End User, the market is fragmented into Pharmaceutical & Biotechnology Companies, Academic and Government Institutes, Contract Research Organization. The pharmaceutical & biotechnology company segment is projected to expand at a significant pace, as high-content imaging (HCI) is used in drug development and various clinical & preclinical studies. HCI systems have been witnessing strong demand in the pharmaceutical industry, due to the rising advancements in instrumentation techniques.
Based on regions, the market is separated into namely, North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The high growth of high-content imaging in the US is attributed to the rising demand for high-content imaging in the pharmaceutical industry. Government spending on the medical technology industry is anticipated to fuel the high-content imaging market over the forecast period. North America holds a significant instrument segment share. The market in the US is projected to continue registering high growth, owing to the rising use of technologically advanced tools in the drug development process.
The market in Asia Pacific is estimated to grow rapidly, owing to factors such as the increasing number of applications and the growing demand for high-content imaging. Rising research & development activities for medical technologies in many countries such as China and India are expected to contribute to the growth of the market in Asia Pacific.
The high-content imaging market in Latin America is estimated to expand at a considerable CAGR during the forecast period. Emerging economies in the region are expected to register significant growth, due to the growing demand for high-content imaging in compound profiling.
Manufacturers operating in the global high content imaging market include PerkinElmer Inc, Thermo Fisher Scientific Inc, Agilent Technologies, Inc., Charles River Laboratories, Danaher (Molecular Devices, LLC), Yokogawa Electric Corporation, Miltenyi Biotec, Nikon Corporation (Nikon Instruments Inc), Zeiss Group (arivis AG), Aligned Genetics, Inc.
Market Players are pursuing key strategies such as collaborations, mergers & acquisitions, and geographic expansion where a potential opportunity rises for the global high content imaging market.
The base year considered for the Global High Content Imaging Market report is 2021. The complete analysis period is 2015 to 2030, wherein, 2015 to 2020 are the historic years, and the forecast is provided from 2022 to 2030.
In addition to market size (in US$ Million), Company Market Share (in % for the base year 2021), macroeconomic factors, and supply chain analysis, current and future trends, application of high content imaging in HCS assays, application of high content imaging in life science research is given in the report.
Pharmaceutical companies and medical researchers around the globe aim to fast-track drug discovery, development, and clinical trials in response to COVID-19, and are focusing on three key interventional strategies: repurposing of existing drugs, development of therapeutics, and development of vaccines.
Major manufacturers include PerkinElmer Inc, Thermo Fisher Scientific Inc, Agilent Technologies, Inc., Charles River Laboratories, Danaher (Molecular Devices, LLC), Yokogawa Electric Corporation, Miltenyi Biotec, Nikon Corporation (Nikon Instruments Inc), Zeiss Group (arivis AG), Aligned Genetics, Inc.
Factors such as the rising GDP of Emerging Economies, Governmental Spending and R&D Activities are considered as macroeconomic factors for the report.
According to this Growth Market Reports report, the Global High Content Imaging Market is likely to register a CAGR of 10.5% during the forecast period 2020-2030, with a projected valuation of USD 2,001.0 Million by the end of 2030.
Development of novel therapeutics against the SARS-CoV-2 virus, Rising need for cost containment in pharmaceutical research and development, Enhanced toxicity studies in cell analysis, and Rising use in medicinal products are the factors expected to drive the market growth during the forecast period.
Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.
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