Global High Content Imaging Market to Surpass USD 2,257 Mn By 2031| Growth Market Reports

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Jul 03, 2023, 09:00 ET

PUNE, India, July 3, 2023 /PRNewswire/ -- According to a recent market study by Growth Market Reports, titled, "Global High Content Imaging Market Segments - by Type, Application, End User, and Region: Size, Share, Trends and Opportunity Analysis, 2023-2031", the market size was USD 919 Mn in 2022 and is expected to surpass USD 2,257 Mn at a CAGR of 10.5% by 2031.

Key Players

PerkinElmer Inc
Thermo Fisher Scientific Inc
Agilent Technologies, Inc
Charles River Laboratories
Danaher (Molecular Devices, LLC)
Yokogawa Electric Corporation
Miltenyi Biotec
Nikon Corporation (Nikon Instruments Inc),
Zeiss Group (arivis AG)
Aligned Genetics, Inc

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Key Takeaways:

High content imaging (HCI) is an automated three-step method, used to boost the imaging throughput and quantification.
Increasing need for cost containment in pharmaceutical research and development activities and the development of novel therapeutics are anticipated to boost the market.
The consumables segment is expected to grow at the fastest CAGR, as it provides high-performance imaging of a biological sample.
The target identification & validation segment is projected to expand at a rapid pace, owing to the ability of HCI to deliver a functional readout in target validation studies.
The pharmaceutical & biotechnology company segment is expected to hold a major market share, due to the rising need for HCI systems in the drug development process.
North America is anticipated to dominate the market in the coming years, owing to the increasing use of technologically advanced tools in the drug development process.

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Segments Covered

Product