The global cell surface markers detection market is expected to witness a CAGR of 8.2%. Prominent factors that are driving the market growth include the increased use in diagnostics, an increasing demand for precision medicine, and technological advances related to increased throughput and automation.
Cell surface markers are also known as cell surface antigens, and serve as monograms to help identify and classify cells. The proteins expressed on the surface of cells often conveniently serve as markers of specific cell types. Even in the different types of cells there are specific combinations of markers or antigens. This molecule identification helps in disease diagnoses, to find the direct treatment for the disease, drug discovery, and many more. Cell markers also assists in the determination of cell type expression of specific receptors, vital for biological response. It can be useful even in personalized medicine, in which it can help the physician decide the most effective therapy to be used for the patient, by analyzing and understanding the cells isolated from patients.
Key Market Trends
Disease Diagnosis and Identification Segment is Expected to Grow at Fastest Rate
Fueled by recent technological advances and increasing demand for more accurate diagnostics the disease diagnosis and identification segment is expected to register a high CAGR. In the disease diagnosis and identification field, surface marker detection techniques are finding their increased application in screening of cancer biomarkers. This is primararily due to the high senstivity and early diagnostic capabilities of cell surface marker detection techniques.
Furthermore, the highly damaging effects of currently available tumor-detection methods, such as PCR, and immunohistochemistry limits their usages in novel fields, such as tissue implantation after screening. These issues are leading to increased intrest in the development of less destructive cancer screening methods, which, in turn, is driving market expansion.
United States Domainates the Market and is Expected To Retain its Market Share During the Forecast Period
The United States currently dominates the market for cell surface marker detection and is expected to continue its stronghold for a few more years. Rapidly growing applications in disease diagnostics, the presence of well-established research institutions, and the biotech industry are primary reasons behind the large market size. Moreover, high healthcare expenditure, a high technological adaptation rate, and increasing focus on precise and timely diagnostics are driving the market growth in the United States.
The global cell surface market detection market is dominated by some key global players, especially in the instrument front. Several biotech startups, however, are active in the reagent, consumables, and other niche fields. There is an ongoing trend of further consolidationm with the acquisition of new technology being a major focus. There are also some instances of acquisition of product lines and bands between key market participants.
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