The high content screening market will register positive growth with the overall valuation forecast to reach USD 1.6 billion in 2022. Thee demand for high content screening is projected to surge with a projected CAGR of 5.8%.
High content screening (HCS) is also known as cellomics. It is a method used in drug discovery and biological research to discover new drug candidates. High content screening systems are primarily based on digital microscopy and flow cytometry with the combination of IT systems for the storage and analysis of biological data. High content screening techniques have proven to be very useful for the pharmaceutical industry for the characterization of preclinical drugs.
This technology is often combined with various other applications such as drug development. The combination of HCS with chemical genetics for the study of biological systems is set to pave the way for increased uptake in the coming years. Moreover, the technology has unified all the aspects of drug discovery, toxicity, and evaluation of absorption, distribution, metabolism, and excretion. Besides this, increasing biotechnology research and drug development activities create huge opportunities for growth.
In its new study, the consulting firm Future Market Insights (FMI) offers insights into key factors driving demand for high content screening. The report tracks the global sales of high content screening systems in 20+ high-growth markets, along with analyzing the impact of COVID-19 on the healthcare industry in general, and high content screening in particular.
The COVID-19 pandemic impacted adversely on the research and drug development process in 2020. The continuous lockdown and shut down by the government all over the world hampered the ongoing research activities. Before the COVID-19 pandemic high content screening equipment was largely preferred by the emerging countries for cell imaging and toxicity studies. However, due to the pandemic, the high content screening market suffered a lot with delays in product launches and a noticeable reduction in sales of major products.
| Attributes | Details |
|---|---|
| High Content Screening Market Value (2022) | USD 1.6 billion |
| High Content Screening Market Value (2023) | USD 1.7 billion |
| High Content Screening Market Expected Value (2033) | USD 3 billion |
| High Content Screening Market Projected CAGR (2023 to 2033) | 5.8% |
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Growing focus on secondary screening of cells by the leading market players due to the high focus on drug toxicity studies has led to a surge in demand for high content screening in recent years.
Increasing pharmaceutical and biotechnology companies with a continuous focus on novel drug development have also created opportunities for the development of technological advance high content screening systems. In September 2017, the company Yokogawa launched its cellVoyager CV8000, a Cytological High-throughput Discovery System for the discovery of new drugs in a time saving and improved efficiency.
Advancements in cell imaging technology with continuous research and development activities towards the innovation and discovery of novel drugs are the factors responsible for the growth of high content screening during the forecast period.
Increasing incidence of several infectious diseases with diverse symptoms also increases the demand for novel therapeutics. Consequently, increase in biotechnology and pharmaceutical research and development activities to find out new drug candidates. Imaging technologies play a huge role in drug discovery and research.
The leading manufacturers in the market are looking forward to developing technologically advanced and cost-effective high content screening systems to meet the global demand, hence expected to accelerate the market growth over the forecast years. Emerging countries such as China, and India with the rise in biotechnology research and drug development activities also offer huge opportunities for key manufacturers. These factors present a positive growth outlook. FMI expects the global high content screening market to grow over 5.8% CAGR through 2033.
Increasing cases of neurodegenerative life-threatening diseases such as cancer, spinal muscular atrophy, Alzheimer, and Parkinson's across the globe are expected to drive demand for advanced healthcare services. This has led international players across the globe to invest considerably in research and development to launch innovative products and to cater to the demand across the supply chain shortly.
For instance, according to the World Health Organization (WHO) globally the number of deaths from cancer will continue to rise and reach around 13.1 billion by 2031. It also suggests that the global prevalence of cancer will increase by around 75% from 2008 to 2031. The increasing growth of cancer all over the globe will lead to an increased number of patients who will undergo cancer management and treatment. This in turn would increase the demand for more novel biologics thereby driving the growth of the high content screening market.
Principal Consultant
High Government Expenditure to Spur Market Growth
Growing investments in biological research and drug discovery by government and non-government organizations to identify substances, such as peptides, small molecules, and RNAi is expected to boost the high content screening market growth. Conventional methods used for toxicity studies and drug discovery have a low success rate and are time-consuming. Advanced high content cell imaging technology with an integrated IT solution provides a better result in in-vitro toxicity testing in reduced time.
Large scale investment in drug discovery by government organizations around the globe is fuelling the demand for advanced high content screening systems.
The growing trend of secondary screening of cells in recent years also is expected to propel growth over forecast years. Furthermore, risk assessment of critical diseases is gaining importance for drug discovery across pharmaceutical and biotechnology companies.
Thus, the development of solutions, which offer high sensitivity in detecting problems as critical as hepatoxicity is expected to drive the demand for high content screening instruments.
Complex Cellular System to Drive the Market
The importance of multiplex information in drug discovery is accelerating the demand for high content screening instruments. These instruments generate and provide live-cell imaging information to identify new drug targets.
The information generates from multiplex screening using high content screening instruments provides data on multiple nodes in a cellular pathway. Growing preference for cell imaging in complex cellular systems to identify new drug targets is also expected to boost high content screening market growth.
Growing demand for multiplexed high content screening assays in drug discovery to identify multiple drug targets creates a huge opportunity for manufacturers to develop advanced high content screening instruments. The advancement of IT integrated high content screening systems generates and stores multiplex cellular information with deeper functional knowledge, thereby improving the early drug discovery process. Increasing demand for multiplex information in the drug discovery process is expected to drive high content screening market growth in the upcoming years.
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Emergence of Novel Products to boost Market Growth
High content screening equipment is increasingly used for primary & secondary screening of drug molecules, target identification & validation, toxicity studies, and compound profiling. A growing number of pharmaceutical, biotechnology, and educational institutions across the globe create huge opportunities for manufacturers to develop technological advance high content screening equipment.
Manufacturers in the global high content screening market now focusing to introduce new technological advance high content screening systems to enhance their efficacy and reliability. In October 2020, CytoSMART Technologies announced to launch of a new advanced automated live cell imaging system designed for long-term experiments, large laboratory studies, and comparison studies.
Leading Players to Bring Up Innovative Products in the Industry
Some of the leading manufacturers are expanding their presence in emerging and untapped regions to maintain or gain market share in the global market. Substantial investments in the manufacturing facility expansion of high content screening systems manufacturing are one of the major trends among key players in the global market.
The leading players in the market are looking forward to holding a strong position in the international market by opening up new product manufacturing facilities. In September 2019, Siemens Healthlineers opened up a new medical imaging manufacturing facility in Bengaluru, India, and strengthened its market presence in this region.
United States to Take over the Market
According to FMI, the United States will remain one of the leading markets for the high content screening t. The presence of leading market players in the region and the increasing adoption of advanced imaging technology are the major factors creating opportunities for growth in the content screening market in the United States
One of the key factors supporting the growth is the United States’s high spending on healthcare. As per the forecasts by CMS’ Office of the Actuary, overall healthcare spending is faster increased by about 4.6% in 2019 than the overall economic growth of 4.0% in the United States measured by GDP in 2019.
High per capita healthcare spending and favorable healthcare policies have created a conducive environment for the adoption of advanced cell imaging instruments in the United States. The presence of leading players such as Becton, Dickinson and Company, Thermo Fisher Scientific, and GE Healthcare is supporting growth in the United States. The key business strategies followed by these companies such as product launches and expansion plans will continue aiding the overall expansion of the market in the United States.
Biotech and Pharma Enterprises to Spur the Industry Growth
The increasing number of biotech and pharmaceutical companies is expected to accelerate the high content screening instruments sale in the German market. Further, increasing funding for biotechnology research and drug development also accelerates the growth of the high content screening market in Germany.
FMI forecasts Germany as the leading market for sales within Europe. With rising numbers of strong and internationally recognized biotechnology institutions, Germany holds a high position in drug development activities in Europe. Germany has around 220 biotech and pharmaceutical companies working on new drug candidates.
A novel business model, coupled with network management between universities and government research associations such as Leibniz Association, Helmholtz, Max Planck, and the Fraunhofer Society in Germany for drug development, is creating demand for high content screening in the region. Germany has emerged as a leading market, accounted for over 7.3% of the total demand registered in Europe in 2022.
China to Develop Novel Drugs to Drive the Industry Growth
China has a good foundation in drug discovery and development. Presently above 5,000 pharmaceutical companies are operating in China. The government of China is also supported by investing in pharma and drug discovery to make China a major market in innovative drug discovery and development.
As high content screening equipment has direct applications in cell toxicity, cell imaging, primary & secondary screening, target identification & validation, manufacturers are looking for large-scale investment in China to expand their business in this region.
China is the largest market for drug development and innovation in Asia. The country accounts for about 19% of the world's population and over 22% of people over 65 age. Aging people are prone to diseases and various health conditions.
The country must discover and develop novel drug candidates which now turns into an ambition. Further, China’s biotech industry is booming, exhibiting impressive growth. China accounts for about 7.8% of the global drug innovation pipeline and 11.6% of new drug launches in 2018. The market in the China is projected to rise at a CAGR of 7.8%.
Several Federal Policies to Propel The Industry
The government in India has been funding several programs to boost the pharmaceutical and biotechnology industry, which is anticipated to propel the high content screening market growth during the forecast years. The government of India launched the national biotechnology development strategy (2015-2022) to create an ecosystem and R&D infrastructure for the development of biotech products.
About 30 biotech parks were started between April 2014 and September 2016 by the government. Further, India is also considered one of the top 12 destinations for biotechnology research in the world which is expected to fuel the demand for the adoption of high content screening equipment in this region. The market in the India is projected to rise at a CAGR of 6.6% until 2033.
A wider preference for high content screening for cell imaging & analysis is anticipated to drive the market over the forecast years. The use of high content screening equipment in the exploration and development of new drugs through cell imaging & analysis also provides a high market value share to the segment.
In the target identification & validation process, high content screening equipment plays a major role in cell imaging which is also anticipated to provide considerable impetus to the cell imaging & analysis segment in terms of product type.
Cellular imaging & analysis is performed to measure and evaluate the current state of cells, such as cell toxicity, integrity, and viability for drug development. For such analysis of cell high content screening equipment’s increasingly used which is the major factor behind the high revenue share of the segment.
Pharmaceutical and healthcare institutes are actively involved in drug discovery and development activities around the globe. A gradual increase in pharmaceutical & healthcare institutions is expected to increase their revenue share in the industry segment.
The growing economy, coupled with increasing healthcare expenditure, creates a huge demand for opening up new healthcare and pharmaceutical institutes. High content screening is used to analyze whole cells or components of cells for the development of drug candidates.
Pharmaceutical companies are involved in various drug development processes such as primary screening, toxicology testing, and secondary screening, using advanced equipment like high content screening. High content screening is widely accepted by several emerging pharma companies involved in the drug development process.
Increasing adoption due to the high accuracy, time-saving, and reliability of high content screening equipment than traditional cell imaging equipment, by the pharma and healthcare institutions, is responsible for a high revenue share of the segment in the global high content screening market.
High content screening finds application in primary and secondary screening across various industries. This is expected to continue fuelling the demand through the course of the forecast period.
Manufacturers in the high content screening market are aiming at the strategic acquisition of medium and small manufacturers to expand their product manufacturing and address the demand for expanding patient pool.
Manufacturers are also focusing on the expansion of their product portfolio by launching new technological advance products.
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| High Content Screening Market Value (2023) | USD 1.7 billion |
| High Content Screening Market Expected Value (2033) | USD 3 billion |
| Market Analysis | USD billion for Value |
| Key Regions Covered | North America; Latin America; Europe; Asia Pacific; Middle East & Africa |
| Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, China, Japan, South Korea, Singapore, Thailand, Indonesia, Australia, New Zealand, GCC Countries, South Africa, Israel |
| Key Segments Covered | Product Type, Industry, Application, Region |
| Key Companies Profiled | Thermo Fisher Scientific Inc.; Becton Dickinson, and Company; GE Healthcare; Olympus Corporation; PerkinElmer Inc.; Sysmex Corporation; Merck KGaA; Danaher Corporation; Yokogawa Electric Corporation; BioTek Instruments Inc. |
| Customization & Pricing | Available upon Request |
A growing number of educational and pharmaceutical institutions may provide growth prospects for the market players.
The market is projected to secure a CAGR of 12.4% through 2033.
Increasing drug discovery and development activities is growing the demand in China.
Pharmaceutical and healthcare institutes hold high revenue potential.
The global market size is estimated to reach USD 1.7 billion by 2033.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 5.1. Cell Imaging & Analysis 5.1.1. High-End HCS 5.1.2. Mid End HCS 5.1.3. Low-End HCS 5.1.4. Flow Cytometers 5.2. Consumables 5.2.1. Microplates 5.2.2. Reagents & Assay Kits 5.2.3. Other 5.3. Software 5.4. Services 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Industry 6.1. Pharmaceutical & Healthcare 6.2. Biotechnology 6.3. Educational Institutions 6.4. Independent CRO 6.5. Government Organizations 6.6. Others 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 7.1. Primary & Secondary Screening 7.2. Target Identification & Validation 7.3. Toxicity Studies 7.4. Compound Profiling 7.5. Others 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. Asia Pacific 8.5. MEA 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Key Countries Market Analysis 15. Market Structure Analysis 16. Competition Analysis 16.1. Thermo Fisher Scientific Inc. 16.2. Becton, Dickinson, and Company 16.3. GE Healthcare 16.4. Olympus Corporation 16.5. PerkinElmer Inc. 16.6. Sysmex Corporation 16.7. Merck KGaA 16.8. Danaher Corporation 16.9. Yokogawa Electric Corporation 16.10. BioTek Instruments Inc. 17. Assumptions & Acronyms Used 18. Research Methodology
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High Content Screening Market
