Live Cell Imaging Market worth $4.3 billion | Revealing Emerging Players with New Data Insights
The global live cell imaging market is projected to reach USD 4.3 billion by 2028 from USD 2.7 billion in 2023, at a CAGR of 10.2% during the forecast period of 2023 to 2028. The growth of this market is majorly driven by growing adoption of high-content screening techniques in drug discovery. Live cell imaging is an essential tool in high-content screening (HCS), allowing researchers to observe and track cellular responses in real-time.
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Key Market Players
The global market is a consolidated market, with Danaher (US), ZEISS Group (Germany), Thermo Fisher Scientific, Inc. (US), Nikon Corporation (Japan), Olympus Corporation (Japan), PerkinElmer Inc. (US), and Sartorius AG (Germany) together accounting for ~75–85% of the global market.
Danaher (US)
Danaher designs, manufactures, and markets professional, medical, industrial, and commercial products and services. Its business consists of four segments: Biotechnology, Life Sciences, Diagnostics, and Environmental & Applied Solutions. The Life Sciences business offers a broad range of research tools and provides solutions for five key subsegments: Flow Cytometry, Genomics, Lab Automation, Centrifugation, Particle Counting and Characterization, Mass Spectrometry, Microscopy, Industrial Filtration, and Genomic Consumables.
ZEISS Group (Germany)
ZEISS Group operates in the fields of optics and optoelectronics. Carl Zeiss AG is the strategic management holding company that manages the ZEISS Group. The company operates its business through five segments: Semiconductor Manufacturing Technology, Industrial Quality and Research, Medical Technology, Consumer Markets, and Others. The Industrial Quality and Research segment provides industrial quality solutions and research microscopy solutions.
Sartorius AG (Germany)
Sartorius AG is an international pharmaceutical and laboratory equipment supplier. The company has two primary business segments: Bioprocess Solutions and Lab Products & Services. The Lab Products & Services division offers laboratory balances, pipettes, and laboratory consumables, among others. Live cell imaging products are offered mainly by the Lab Products & Services division of the company.
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The North America region catered the largest share of the live cell imaging market
The live cell imaging market in North America has experienced significant growth in recent years, showcasing a robust expansion trajectory, owing to the well-established research infrastructure, strong pharmaceutical and biotech industry, increasing government support for life science research, technological advancements in live cell imaging, and collaborative initiatives contribute to the growth of the live cell imaging market in the North America region.
Recent Developments:
· In February 2023, Nikon Corporation launched the Nikon Spatial Array Confocal (NSPARC) detector for AX systems. This detector enables high-resolution imaging of live tissue with minimal phototoxicity.
· In January 2022, CytoSMART Technologies launched Omni Pro 12, adding to the Omni live cell imaging product portfolio.
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