Global high content imaging market to surpass USD 2,257M by 2031

According to a recent market study by Growth Market Reports, titled, “Global high content imaging market segments – by type, application, end user, and region: Size, share, trends and opportunity analysis, 2023-2031”, the market size was USD 919 Mn in 2022 and is expected to surpass USD 2,257 Mn at a CAGR of 10.5% by 2031.

Key players

• PerkinElmer Inc
• Thermo Fisher Scientific Inc
• Agilent Technologies, Inc
• Charles River Laboratories
• Danaher (Molecular Devices, LLC)
• Yokogawa Electric Corporation
• Miltenyi Biotec
• Nikon Corporation (Nikon Instruments Inc),
• Zeiss Group (arivis AG)
• Aligned Genetics, Inc

The report covers data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics. It provides an in-depth analysis of market segments, industry players, and crucial strategies that helps market players to boost their market share.

Key takeaways:

• High content imaging (HCI) is an automated three-step method, used to boost the imaging throughput and quantification.
• Increasing need for cost containment in pharmaceutical research and development activities and the development of novel therapeutics are anticipated to boost the market.
• The consumables segment is expected to grow at the fastest CAGR, as it provides high-performance imaging of a biological sample.
• The target identification & validation segment is projected to expand at a rapid pace, owing to the ability of HCI to deliver a functional readout in target validation studies.
• The pharmaceutical & biotechnology company segment is expected to hold a major market share, due to the rising need for HCI systems in the drug development process.
• North America is anticipated to dominate the market in the coming years, owing to the increasing use of technologically advanced tools in the drug development process.

Segments covered
Product

• Instruments
• Consumables
• Software
• Services

Application

• Primary and Secondary Screening
• Target Identification and Validation
• Toxicity Studies
• Compound Profiling
• Others

End user

• Pharmaceutical & Biotechnology Companies
• Academic and Government Institutes
• Contract Research Organization

Region

• Asia Pacific
• North America
• Latin America
• Middle East & Africa

Growth Market Reports