Categories: Healthcare

Apoptosis Assay Kit Market Forecast 2024-2033: Growth Rate, Drivers, And Trends

The Apoptosis Assay Kit Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Apoptosis Assay Kit Global Market Report 2024, The apoptosis assay kit market size has grown rapidly in recent years. It will grow from $5.68 billion in 2023 to $6.26 billion in 2024 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to increased prevalence of chronic diseases, growth on emphasis on personalized medicine, rise in demand for drug discovery and development, growth on emphasis on early disease detection, growth of automation in laboratories.

The apoptosis assay kit market size is expected to see rapid growth in the next few years. It will grow to $9.41 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to rising prevalence of chronic diseases, growing emphasis on personalized medicine, growing emphasis on early disease detection, advancements in material processing industries, rising cancer research. Major trends in the forecast period include increasing research activities, technological advancements in apoptosis detection, growing emphasis on safety and quality control, growing emphasis on high-throughput screening, increasing demand for multiplex assays.

The increasing incidence of infectious and chronic diseases is expected to propel the growth of the apoptosis assay kit market. Infectious diseases refer to diseases caused by pathogenic microorganisms such as bacteria, viruses, fungi, or parasites. Chronic diseases refer to long-term health conditions that generally develop over a prolonged period and persist for months or years, such as diabetes. Apoptosis assays are used in research settings to investigate the underlying mechanisms of infectious and chronic diseases and study the effects of pathogens. For instance, in January 2023, according to the National Center for Biotechnology Information (NCBI), a US-based international resource for the scientific research community, the number of individuals aged 50 years and older having one or more chronic illnesses is projected to rise by 99.5%, reaching 142.66 million by 2050. Furthermore, in July 2022, according to the Australian Institute of Health and Welfare (AIHW), an Australia-based government agency, approximately 47%, or 11.6 million individuals in Australia, were estimated to be affected by at least one of the ten chosen chronic ailments. Therefore, the increasing incidence of infectious and chronic diseases is driving the growth of the apoptosis assay kit market.

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The apoptosis assay kit market covered in this report is segmented –

1) By Product: Kits, Reagents, Instruments, Other Products

2) By Assay Type: Caspase Assay, DNA Fragmentation Assay, Cell Permeability Assay, Mitochondrial Assay

3) By Detection Technique: Flow Cytometry, Cell Imaging And Analysis System, Spectrophotometry, Other Detection Techniques

4) By Application: Drug Discovery And Development, Clinical Research, Stem Cell Research, Basic Research

5) By End-Use: Pharmaceutical And Biotechnology Companies, Hospital And Diagnostic Laboratories, Academic And Research Institutes

Advancement in cellular analysis techniques is a key trend gaining popularity in the apoptosis assay kit market. Major market players are concentrating their efforts on adopting innovative technologies to sustain their position in the market. For instance, in September 2022, Nanolive SA, a Switzerland-based biotechnology company specializing in live cell imaging and analysis technologies, launched the LIVE Cell Death Assay, a cutting-edge tool for cell analysis that offers automated profiling of cell health, death, apoptosis, and necrosis. This label-free assay utilizes advanced machine learning technology to accurately differentiate between living cells, dead cells, apoptosis, and necrosis. A user-friendly interface allows the assay to be easily activated with a single click, providing 13 essential viability and death-related metrics for comprehensive analysis.

The apoptosis assay kit market report table of contents includes: