Cell-Based Assays Market Size to Grow at 6.4% CAGR and Surpass USD 40.4 Billion by 2034 Amid Rising Research Applications | According to Transparency Market Research Inc. [Yahoo! Finance]
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Source: Yahoo! Finance
Wilmington, Delaware, United States, Transparency Market Research, Inc. , Sept. 11, 2024 (GLOBE NEWSWIRE) -- The global cell based assays market (?? ?? ?? ??) was projected to attain US$ 20.2 billion in 2023. It is anticipated to garner a 6.4% CAGR from 2024 to 2034, and by 2034, the market is likely to attain US$ 40.4 billion . Cell-based assays, also known as cellular assays, are important instruments for assessing cell health, proliferation, viability, chemotaxis, invasion, and migration. Cell-based screening is used in drug development and biomedical research to accurately measure off-target interactions, biochemical processes, biological activity, and cytotoxicity. Cell proliferation tests provide several advantages, including the ability to generate and facilitate physiologically meaningful and complicated data. Unlike traditional biochemical tests, cell-based assays are more physiologically relevant and capable of analyzing drug properties. However, cell-based assay system
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