Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1,059.20 Million | USD 1,545.52 Million | 6.50% | 2021 |
FrequentlyAsked Questions
The main factors expected to drive the high-content screening market are the need for cost control in drug R & D, increased funding for cell research, and technological advances in HCS solutions that drive the growth of the HCS market. It is expected to be supported during the period.
According to the report, the global s market was worth 1,059.20 (USD million) in 2021 and is predicted to grow to 1,545.52 (USD million) by 2028, with a compound annual growth rate (CAGR) of around 6.50 percent.
North America dominates the HCS software and services market and accounts for the largest market share. High R & D costs, the presence of key pharmaceutical market players, and increased government support are some of the factors that contribute significantly to North America's market share. However, the Asia-Pacific market is expected to achieve the highest growth during the forecast period due to increased drug discovery research, government initiatives, increased concentration of multinational companies in emerging markets, and the development of R & D infrastructure.
Some of the main competitors dominating the global s market include - Becton, Dickinson and Company, Bio-Rad Laboratories, Inc., Danaher Corporation, Olympus Corporation, PerkinElmer, Inc., Sysmex Corporation, Tecan Group Ltd., Thermo Fisher Scientific, Inc., BioTek Instruments, Thorlabs Inc., and Yokogawa Electric Corporation.
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