Albany - NY, Oct. 20, 2015 (GLOBE NEWSWIRE) -- According to a recently published study by Transparency Market Research (TMR), the global cell surface markers market is anticipated to grow at a CAGR of 8.1% between the years 2013 and 2019. TMR, a U.S.-based market intelligence company, states in its report that the global cell surface markers market, which was valued at US$13.2 billion in 2012, will report a market value of US$23.03 billion by 2019. The report is titled 'Cell Surface Markers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018'.
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This market research study explains that the growth of the global cell surface markers market is supported by factors such as effective and immediate decision making for therapies for certain diseases, rapid development in the area of healthcare technology, lower incidences of misdiagnosis, and greater inclination towards reducing healthcare expenditure via lower costs of diagnosis. Cell surface markers refer to molecules or antigens that are present inside the plasma membrane of cells. Cell surface markers are the vital components that help in categorization and identification of cells such as monocytes, lymphocytes, tumor cells, macrophages, and other cells that pertain to the immune system. Cell surface marker analysis is carried out via technologies like hematology analyzers and flow cytometry. These tests are carried out on different types of samples like blood, bone marrow, lymph nodes, and various other tissues.
The TMR report has segmented the global cell surface markers market on the basis of instruments and reagents, application, and geography. The instruments and reagents segment is classified into flow cytometry, hematology analyzers, and reagents and kits. Flow cytometers and hematology analyzers are the two most commonly used types of cell surface marker equipment. The demand for flow cytometers is mainly driven by their efficiency in research and development and drug discovery, and the availability of a wide array of flow cytometers. The application areas in the global cell surface markers market include disease discovery on one hand, and research and development on the other. Pharmaceutical manufacturers and researchers use cell markers analysis for research and development and drug discovery.
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Geographically, this market research report has categorized the global cell surface markers market into the Asia Pacific, Europe, North America, and Rest of the World sections. The highest share in this market is held by North America, since most of the key players in the global cell surface markers market are located here. Another prominent factor fueling the North America cell surface markers market is the fact that most of the technological developments are conceptualized in this region. As per industry estimates, the cell surface markers market in developing economies is expected to witness robust growth in the forthcoming years owing to factors like growing medical tourism, greater healthcare awareness, improved patient rehabilitation, affordability, and lower degree of competition than the developed cell surface markers markets.
Thermo Fischer Scientific, Inc., Sysmex Corporation, Nihon Kohden Corporation, Janssen Diagnostics, Inc., Bio-Rad Laboratories, Inc., and Beckman Coulter, Inc. are a few of the prominent companies operating in the global cell surface markers market.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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Source:Transparency Market Research