The Instrument Segment Accounted for the Largest Share of the High-content Screening Market, While the Software Segment Is Expected to Register Highest Growth Rate

The growth of the market is attributed to factors such as cost containment in pharma R&D, growth in funding for cellular research, and technological advancements in HCS solutions during the forecast period.
The global high-content screening market is expected to reach USD 909.0 million by 2022 from USD 557.1 million in 2017, at a CAGR of 10.3%. The factors expected to drive the growth of the market are rising need for cost containment in pharmaceutical R&D, growth in funding for cellular research, and technological advancements in HCS solutions during the forecast period. The increasing number of contract research organizations providing HCS outsourcing services and application of HCS in personalized medicine offer significant growth opportunities in the HCS market. The rising adoption of label-free technologies and growing focus on stem cell analysis are the key trends in the HCS market.
The HCS market in this report is segmented on the basis of product, application, end user, and region. The cell imaging and analysis systems segment is expected to register the highest growth in the HCS instrument market. Increasing studies into cell behavior and the need to correlate multiple events and markers with cell morphology are expected to drive the growth of the market during the forecast period. Moreover, the software segment is expected to register the highest growth in HCS market during the forecast period. The growth of this market can be attributed to the technological advancements in image acquisition, data analysis, and storage capabilities and the need to obtain information on changes in cell morphology through high-quality images.
In 2016, the instruments segment accounted for the largest share in the HCS market. The large share of this segment is attributed to advanced automation techniques and high prices of HCS instruments. The cell imaging and analysis systems sub-segment accounted for the largest share of the HCS instruments market and is expected to further dominate the market by 2022.
In 2016, North America dominated the global market. High R&D expenditure, the presence of major pharmaceutical market players, and increasing government support are some of the factors driving the growth of the HCS market in this region.
In 2016, the pharmaceutical & biotechnology companies segment accounted for the largest share of the high-content screening market, followed by academic & government institutes and contract research organizations. The pharmaceutical & biotechnology companies segment will continue to dominate the market in 2022, with the highest growth rate. Growth in this segment can be attributed to the widespread use of HCS in preclinical and clinical studies in pharmaceutical and biotechnology industries.
The prominent players in the global high-content screening market are GE Healthcare (U.S.), Danaher Corporation (U.S.), Thermo Fisher Scientific Inc. (U.S.), PerkinElmer, Inc. (U.S.), Tecan Group (Switzerland), BioTek Instruments Inc. (U.S.), Becton, Dickinson and Company (U.S.), Bio-Rad Laboratories (U.S.), Yokogawa Electric Corporation (Japan), and Merck Millipore (U.S.)

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