The report “Cell Counting Market by Product [(Instruments (Spectrophotometer, Cell Counter, Hemocytometer, Flow Cytometer, Hematology Analyzer) Consumables (Reagent, Assay Kits, Microplate)], End User (Pharmaceutical, Hospital, Research) - Global Forecast to 2020”, is expected to reach $8.6 Billion by the end of 2020 and is poised to grow at a CAGR of 6.5% to 7.0% during the forecast period (2015 to 2020).
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The global cell counting market is expected to reach $8.6 Billion by the end of 2020 and is poised to grow at a CAGR of 6.5% to 7.0% during the forecast period (2015 to 2020). This market is mainly driven by the rising incidences of cancer and infectious disease, increasing R&D expenditure and healthcare spending, and growing stem cell and cancer research,. However, high cost of cell counting instruments such as flow cytometers and multi-mode readers is inhibiting the growth of this market to a certain extent.
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The global cell counting market is classified on the basis of products and end users. On the basis of products, the market is categorized into instruments and consumables. The instruments segment is further segmented into cell counters, flow cytometers, hematology analyzers, and spectrophotometers. The cell counters segment is further divided into automated cell counters and manual cell counters. The spectrophotometers segment is divided into single-mode readers and multi-mode readers. The consumables segment is divided into assay kits, reagents, microplates, accessories, and others. On the basis of end users, the market is divided into hospitals and diagnostic laboratories, research institutions, biotechnology and pharmaceutical companies, and other end users.
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Major players in the global market include Danaher Corporation (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Merck Millipore (U.S.), Bio-Rad Laboratories, Inc. (U.S.), and PerkinElmer, Inc. (U.S.).