Research Nester released a report titled “Automated Cell Block System Market – Global Demand Analysis & Opportunity Outlook 2028″ which delivers a detailed overview of the global automated cell block system market in terms of market segmentation by product, by component, by end-user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis, and Porter’s five force model.
The global automated cell block system market is segmented by product, by component, by end-user, and by region. The end-user type is further sub-divided into the following segments: rеseаrсh & асаdеmy and others. Based on the end-user segmentation, research & academic institutes are anticipated to hold the largest market share of the global automated cell block system owing to the growing demand for automated systems in the medical research field, along with the adoption of new and developed technologies for research purposes.
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The global automated cell block system market is anticipated to record a robust CAGR during the forecast period, i.e. 2020-2028. The advantages of an automated cell block system over traditional cellblock techniques are that it provides crisp and clear cellular architecture, minimizes operator error, and maximizes cellularity even from small and scanty samples. These major advantages have a considerable positive impact on the market growth of the global automated cell block system.
Based on the regional analysis, the automated cell block system market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. Based on region, the market in North America is anticipated to hold the largest share in the automated cell block systems market owing to the early adoption of technology in the medical research field. The constant government aid in developing Asian countries such as India and China towards the development of the medical research field and biotech industry is anticipated to result in the highest CAGR for the market in Asia-Pacific region in the coming years.
Technological advancements in cell block technology to propel the market growth
Automated cell block systems have aided the biotech industry to grow and overcome the various disadvantages associated with traditional cell block technique such as insufficient cellularity, and risk of contamination. Subsequently, it has the advantage of a fixed learning standardized produces and lesser preparations time, along with the slighter risk of cross-contamination. These are some of the key factors that are projected to increase the demand for the automated cell block system in the coming years. However, the high cost of automated cell block systems and complex regulatory framework are some of the factors that are estimated to limit the growth of the global automated cell block system market.
This report also provides the existing competitive scenario of some of the key players of the automated cell block system market which includes company profiling of Ноlоg (NASDAQ: HOLX), Avantor, Inc. (NYSE: AVTR), BioTek Instruments, Inc. (NYSE: A), and Miltenyi Biotec.
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The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials, and recent news and developments. On the whole, the report depicts a detailed overview of the global automated cell block system market that will help industry consultants, manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies accordingly to the ongoing and expected trends in the future.
