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Technavio’s market research analysts have identified the increasing adoption of toxicology testing in food industry as one of the primary factors that will trigger the growth of the cell proliferation kits market in the coming years. The food industry is constantly focusing on enhancing the safety testing methods to reduce the number of cases related to food contamination. There is a growing need for high throughput chemical toxicology testing to ensure food safety. Food contact substances including coatings, plastic packaging materials, pigments, and antioxidants used in polymers are toxic and need to be tested. Moreover, crops such as wheat and maize have the ability to produce toxins to prevent themselves from harsh climatic conditions. These chemical compounds can be toxic and can affect human health causing oxidative stress and chronic inflammation. This demands the need for cell proliferation kits, fueling the growth of this global market. Our market research analysts have estimated that the cell proliferation kits industry will grow steadily at a CAGR close to 8% by 2022.
The rise in growth opportunities in the emerging economies will be one of the key trends gaining traction in the cell proliferation kits market during the next few years. Emerging economies are providing tremendous growth opportunities owing to the extensive support from the government and significant R&D investments by the leading vendors. Developing economies such as China, India, and Brazil are increasingly focusing on enhancing their cell-based research and offer high scope for growth owing to the access to low costs instruments that are used in cell proliferation assay.
The cell proliferation kits market is fragmented due to the presence of several players. This industry research report provides detailed information about the competitive environment among the players in this marketspace. Moreover, this research report also provides information about the strategies the vendors are following and the areas they are focusing on to improve their market positions in this competitive market.
The report includes an analysis of a number of companies in this marketspace including -
The pharmaceutical and biotechnology companies segment accounted for the major share of this market during 2017. Since these companies use these kits to screen products such as drugs and vaccines, this segment will continue to account for the maximum share of the cell proliferation kits market throughout the forecast period.
The Americas accounted for the maximum share of the cell proliferation kits market during 2017 and according to our analysts, this region will offer the maximum growth opportunities to the companies in this market during the next few years as well. The availability of efficient diagnostics procedures and the shift in preference of customers towards preventive and personalized healthcare are major factors driving the growth of the cell proliferation kits industry in this region.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
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