Press Release
Press Release
According to a new report by EMR titled, ‘Global Live Cell Imaging Market Report and Forecast 2021-2026’, the global market for live cell imaging attained a value of about USD 6.4 billion in 2020. The industry is further expected to grow at a CAGR of 7.8% in the forecast period of 2021-2026 to reach a value of approximately USD 10 billion by 2026.
North America holds a significant share of the live cell imaging industry due to the robust healthcare sector in the region. The initiation of various research and development (R&D) activities for advancements in regenerative medicine and stem cell research is also propelling the market growth. For instance, Stanford Consortium for Regenerative Medicine partnered with Space Tango, developed a new integrated space stem cell orbital research laboratory in the International Space Station (ISS) to launch three collaborative projects in April 2020. Moreover, universal healthcare systems, such as Canadian Medicare, are increasing cost-effectiveness, adoption of various innovative techniques, and accessibility to optimal healthcare, which is further bolstering the market growth.
Some of the leading companies are Carl Zeiss AG (ETR: AFX) and Leica Microsystems GmbH. The latter announced the launch of its new live-cell correlative light and electron microscopy (CLEM) workflow solution, Leica Nano workflow, in June 2021. It is designed to surge experimental success rates, simplify light and electron microscopy integration, and improve reproducibility. It also combines high contrast live cell imaging and EM sample preparation in order to offer an all-in-one workflow for various biological interrogations. The solution provides an enhanced picture of workflows to aid healthcare professionals to gain insights into treatments and mechanisms of various issues such as neurological disorders, cancer, and viral infections, among others. It further introduces optical imaging conditions to capture cellular functional and ultrastructural information to analyse single-cell levels. Such developments and launches by the leading companies are expected to drive the market growth in the upcoming years.
Market Analysis by Product Type, Application, Technology, and Region:
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The major players in the global live cell imaging market are Carl Zeiss AG, Leica Microsystems GmbH, Nikon Instruments Inc., Becton, Dickinson and Company, and GE Healthcare, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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