DUBLIN, May 19, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/pgdp27/live_cell_imaging) has announced the addition of the "Live Cell Imaging Market by Product, Technology & by Application - Analysis & Global Forecast to 2019" report to their offering.
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The global live cell imaging market is expected to reach $5.45 Billion by 2019 from $3.57 Billion in 2014, growing at a CAGR of 8.8% from 2014 to 2019
The market is dominated by North America, followed by Europe, Asia, and the Rest of the World (RoW). Asia is expected to grow at the fastest rate during the forecast period.
Over the years, the live cell imaging market has witnessed various technological advancements in order to study the functions of live cells that meet the needs of academic and government institutes, pharmaceutical and biotechnology industries, contract research organizations, and diagnostics laboratories. These advancements have led to the development of various technologies used for live cell imaging.
In 2014, the equipment segment accounted for the largest share of the live cell imaging market, by product; the microscopy segment accounted for the largest share of the live cell imaging market, by equipment; the assay kits segment accounted for the largest share of the live cell imaging market, by consumables; the fluorescence resonance energy transfer (FRET) segment accounted for the largest share of the live cell imaging market, by technology; and the cell biology segment accounted for the largest share of live cell imaging market, by application.
In 2014, North America accounted for the largest share of the live cell imaging market, followed by Europe, Asia, and the Rest of the World (RoW). In the coming years, the live cell imaging market is expected to witness the highest growth rate in the Asian region, with emphasis on India, China, and Japan. These countries are expected to increase revenues for the manufacturers of equipment, consumables, and software involved in live cell imaging.
The global live cell imaging market witnesses high-competitive intensity as there are several big and many small firms with similar product offerings. These companies adopt various strategies (agreements, partnerships, joint ventures, collaborations, geographical expansions, and acquisitions) to increase their market shares and to establish a strong foothold in the global market.
Some of the major players in the global market include Carl Zeiss AG (Germany), Leica Microsystems (Germany), Nikon Corporation (Japan), Molecular Devices, LCC (U.S.), PerkinElmer, Inc. (U.S.), GE Healthcare (U.K.), Becton, Dickinson and Company (U.S.), Olympus Corporation (Japan), Sigma-Aldrich Corporation (U.S.), and Thermo Fisher Scientific, Inc. (U.S.).
For more information visit http://www.researchandmarkets.com/research/pgdp27/live_cell_imaging
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SOURCE Research and Markets