Cell Counting Market expected to register a promising CAGR of 6.8% during the period 2017 -2022

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The Global Cell Counting Market was worth USD 0.98 billion in 2017 and estimated to be growing at a CAGR of 6.8%, to reach USD 1.36 billion by 2022. Cell counting is used to determine the number of live or dead cells concentration in the cell and also helps in counting of blood cells in the samples. It is used in the medical diagnosis and treatment for quantification of cells in the life sciences. It became an important subset of research areas like cancer biology, neurosciences and immunology with various applications in the clinical practice. Generally, cell counts are expressed as a number of cells per unit of volume within the liquid media.

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Cell counting products are being extensively used in the pharmaceutical companies and research institutions with rise in various chronic diseases such as cancer and AIDS. These products help the physician to understand why a patient feels unwell and what to do to help. Nowadays, this process has become an integral part of standard diagnosis in the clinics to determine the full blood count with the help of automated counters to find the concentration of RBCs, WBCs, platelets, and plasma. Cell counting is performed through several methods in which some are primitive and other require some special equipment.

The Global Cell Counting Market is driven by the factors like rising incidences of chronic diseases like cancer and AIDS, demand for cell counting products owing to the growing stem cell research and rise in next-generation technology products, growing awareness of the people in the healthcare sector, increased government policies and funding in the healthcare sector, new product innovations, rise in the advanced healthcare infrastructure and technology advancements in the existing products. However, high cost equipment and lack of proper research infrastructure are hampering the growth of the market

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The Global Cell Counting Market is segmented on the basis of product, end-user and region. On the basis of product, the market is segmented into instruments and consumables. Based on the instruments, the market is segmented into cell counters, hematology analysers, spectrophotometer, flow cytometer, hemocytometer and others. Depending on the consumables, the market is segmented into microplates, reagent and assay kits. On the basis of end-user, the market is segmented into pharmaceutical & biotechnology industries, hospitals & diagnostic laboratories, research & academic institutes and others. In products, the spectrophotometers segment accounted for the largest share of the market due to the enhanced data visualization and analysis software. The market has also been geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. North America accounted for the largest share in 2017 due to the rise in aging population, high investments by the government in the healthcare sector and presence of large companies in this area. However, Asia-Pacific is anticipated to have the fastest growing rate owing to the rising population, investments in this area by the private companies, growing demographics and the emerging economies.

Major companies in the Global Cell Counting Market are Thermo Fisher Scientific, Inc., Danaher Corporation, Agilent Technologies, Bio-Rad Laboratories, Merck Millipore, Inc., GE Healthcare, Becton, Dickinson and Company, and PerkinElmer, Inc.

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