December 7, 2024
Automated Cell Counters Market

Rising Acceptance Of AI-Based Cell Counting Solutions Is Anticipated To Open Up The New Avenue For Automated Cell Counters Market

Market Overview:
Automated cell counters are instruments used for fast and accurate cell counting in biomedical research, clinical diagnosis, and other applications. They utilize advanced optical and electronic technologies like image processing, machine vision, and artificial intelligence to automate the tedious task of manual cell counting. Automated cell counters are widely used in research laboratories and healthcare settings to count cells in blood, bacteria, microalgae, and other samples.

Market Dynamics:
The growth of the automated cell counters market is predominantly driven by rising funding for biomedical research from public and private organizations. For instance, in 2021 the US National Institutes of Health invested over US$ 43 billion in medical research. Additionally, growing prevalence of infectious diseases and various types of cancers is fueling the demand for cell counting in clinical diagnostics. Furthermore, technological advancements in automated cell counters like incorporation of AI and machine learning for more accurate and efficient cell counting is creating new opportunities in the market. However, high installation and maintenance costs of automated cell counters pose a challenge to their adoption.

The global Automated Cell Counters Market Growth is estimated to be valued at US$ 3.75 Bn in 2023 and is expected to exhibit a CAGR of 7.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Segment Analysis
The global automated cell counters market can be segmented based on product type, end user and region. Based on product type, the market can be segmented into hematology cell counters, Viability and cell counting microscopes, flow cytometers; among which the hematology cell counters dominate the market currently due to growing need for cell counting procedures across different diagnostics and research applications.

PEST Analysis
Political: Government support for healthcare sector especially in developing countries is driving market growth. Economic: Rising healthcare spending globally is positively impacting the automated cell counters market growth. Social: Increasing prevalence of chronic diseases is augmenting demand for advanced counting technologies. Technological: Development of software integrated products for accurate results is a key trend.

Key Takeaways
The global automated cell counters market is expected to witness high growth, exhibiting CAGR of 7.0% over the forecast period, due to increasing prevalence of chronic and infectious diseases. Regionally, North America dominates currently due growing adoption by research and clinical laboratories. The market in Asia Pacific is projected to witness fastest growth owing to rising health awareness.

Key players operating in the automated cell counters market are Thermo Fisher Scientific, Danaher Corporation, Agilent Technologies, PerkinElmer Inc., Bio-Rad Laboratories, BD, Merck KGaA, Logos Biosystems, Corning Incorporated, Tecan, Sartorius AG. Thermo Fisher Scientific and Danaher Corporation collectively account for over 35% market share due to their diverse product portfolio and global footprint.

The global automated cell counters market size for 2023 is estimated to be US$ 3.75 Bn. Regionally, North America is currently dominating the market led by presence of major players and advanced healthcare infrastructure. Asia Pacific is projected to witness highest growth during the forecast period attributed to expanding patient pool suffering from chronic diseases in counties like India and China.

Key players like Thermo Fisher Scientific, Danaher Corporation, Agilent Technologies are focused on launching innovative solutions integrated with AI and ML to derive accurate results. While small players are engaged in strategic collaborations to strengthen their product portfolio and geographical footprint. The future looks promising with ongoing technological advancements in the field of cell counting.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it

Money Singh
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Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc. 

Money Singh

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc. 

View all posts by Money Singh →