Market outlook of the global cell counting market
Cell counters are devices that aid in determining live or dead cells concentration and help to count the blood cells in biological samples. This market is estimated to grow at a steady rate during the forecast period and is positively influenced by factors like the growing establishment of diagnostic centers in rural areas. Additionally, the ability of these devices to provide rapid test results is a significant factor that results in its steady CAGR of more than 7% by 2019.
Technavios market research analyst has estimated the Americas to account for more than 41% of the total market share by 2019. The increasing adoption of automated analyzers by laboratories in the North American region is a critical factor that drives market growth in the Americas during the forecast period.
Application-based segmentation of the cell counting market
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Mass spectrometry is used to understand the molecular mass and structural information of cells. This segment currently dominates the global market for cell counting devices and factors like increased speed, higher accuracy, and high portability of these devices are expected to foster market growth during the next four years.
Product-based segmentation of the cell counting market
Technavio market research analysts estimate the reagents segment to account for 80% of the total sales by 2019. Since most diagnostic centers rent equipment and purchase reagents, the sale of reagents is expected to increase steadily during the next four years. The usability of these reagents across a variety of tests is a key factor that drives sales during the forecast period.
Competitive landscape and key vendors
This market is characterized by the presence of intense competition among several large, medium, and small-sized manufacturers that provide infectious disease diagnostic products. These vendors maintain their hold on the market by providing premium priced products to laboratories and also by forming partnerships with SMEs that enter the market due to its low entry barrier.
Key vendors in this market are –
Thermo Fisher Scientific
Other prominent vendors in this market are AccuBioTech, Agappe Diagnostics, Analyticon, Beckman Coulter, ChemoMetec, EKF Diagnostic, ERBA Mannheim, HomeCue, Horiba Scientific, Human Diagnostics, Logos Biosystem, Mindray, Melet Schloesing Laboratories, Nihon Kohden, Olympus LifeScience Solution, Rayto, SFRI, and Sysmex Corporation.
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