High content screening software will likely

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High content screening software will likely

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by pragya1 · October 8, 2018

Global High Content Screening Products Market: Snapshot

Keen players in the global high content screening products market are pouring money into research and development of new technologically advanced instruments that would help the cause of designing new therapies for different ailments. In this manner they are trying to bolster their positions in the market. They are also resorting to mergers and acquisitions to expand their geographical outreach. Since the degree of competition in the global high content screening products market is relatively low at present, many aspiring players are planning to foray into it.

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Increasing thrust on cell-based research [url=http://www.cheapwholesalejerseysnba.com/cheap-sacramento-kings-jerseys-wholesale/]Wholesale Sacramento Kings Jerseys[/url] , various initiatives to develop new drugs, and emergence of more sophisticated image analysis instruments are some of the factors that are serving to drive the global high-content screening (HCS) market. The increasing instances of chronic diseases requiring prolonged treatment such as HIV AIDS, epilepsy and Parkinson鈥檚 disease along with the growing requirement of determination and study of toxicity levels in the initial phases of drug discovery is also bolstering the market.

Research organizations, pharmaceutical and biotechnology companies [url=http://www.cheapwholesalejerseysnba.com/cheap-portland-trail-blazers-jerseys-wholesale/]Wholesale Portland Trail Blazers Jerseys[/url] , and academic and research institutes are the end-use segments in the global聽high content screening products market.

As per Transparency Market Research, the global high content screening products market will likely rise at a CAGR of 8.0% from 2017 to 2022 to become worth US$1.23 bn by 2022.

Cost Effectiveness of High Screening Instruments Generates Demand in Market

Depending upon the type of products, the global high content screening products market can be segmented into consumables, microplates [url=http://www.cheapwholesalejerseysnba.com/cheap-phoenix-suns-jerseys-wholesale/]Wholesale Phoenix Suns Jerseys[/url] , instruments, software, and service. The consumables, among them [url=http://www.cheapwholesalejerseysnba.com/cheap-philadelphia-76ers-jerseys-wholesale/]Wholesale Philadelphia 76ers Jerseys[/url] , hold maximum market share at present. By expanding at a CAGR of 8.3% in the forecast period, the segment will become worth US$486.6 mn in 2022. The high screening instruments too account for a substantial share in the market because of their cost efficiency that results from deployment of LED light engines that brings down the intensity fluctuations and hence negates the need to switch to external illuminating sources.

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