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Published Date: 2017-09-20Number of Pages: 170

HCS Software and Services Market (Product - HCS Services and HCS Software; Industry - Bio, Educational Institutions, Government Organizations, Independent Contract Research Organizations, and Pharmaceutical and Healthcare; Application - Compound Profiling, Primary and Secondary Screening, Target Identification and Validation, and Toxicity Studies) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2022

Global HCS Software and Services Market: Snapshot

The global high content screening (HCS) software and services market is foreseen to invite a host of promising opportunities while riding on technological developments in HCS solutions, cost containment in pharma research and development, and cellular research funding. Developed regions such as North America could propel the demand for HCS software and services with high government support, swelling presence of large life sciences companies, and rising research and development expenditure. HCS software and services could find application in lead specificity, the assessment of bioavailability, and qualitative assays to omit compounds with unintended modes of action.

The global HCS software and services market is foretold to expand at a CAGR of 6.9% during the forecast timeframe 2017–2022. By the end of 2022, the market could be valued at a US$1,164.8 mn. In 2017, it held a valuation of US$832.7 mn.

hcs software services market

HCS Services as Top Product Amassing Vast Share by 2022

As stated by the authors of the report, the world HCS software and services market is envisaged to be classified according to product, industry, and application. In terms of product, the market could see a classification into two segments, viz. HCS services and HCS software. Amongst these, HCS services are prophesied to secure a larger share of 71.6% in the market by 2022 end. The absolute growth achieved by HCS services could surpass that of any other segment of the market under the same classification.

According to industry, the world HCS software and services market is forecasted to be segmented into bio, educational institutions, government organizations, independent contract research organizations (CROs), and pharmaceutical and healthcare.

By application, toxicity studies, target identification and validation, primary and secondary screening, and compound profiling could be important segments of the world HCS software and services market.

North America’s Dominance that Rests on Loftier Revenue Growth

On the geographical front, the international HCS software and services market is envisioned to be divided into different regions such as North America, the Middle East and Africa (MEA), Latin America, Europe, and Asia Pacific except Japan (APEJ) and Japan. The analysts are of the opinion that North America could possibly lead the market with a revenue of US$426 mn expected to be achieved by the end of the forecast period.

Europe followed by Japan could be another market for HCS software and services with a strong revenue growth anticipated to be garnered by 2022. Europe is projected to reach a valuation of US$301.2 mn by the final forecast year. However, the MEA is envisaged to be on the slower side of growth throughout the course of the forecast period. Between 2017 and 2022, APEJ could create an absolute revenue prospect of US$66.3 mn.

The worldwide HCS software and services market could witness the presence of crucial and prominent industry players such as Thermo Fisher Scientific, Inc., General Electric Company, Becton, Dickinson & Company, PerkinElmer, Inc., Yokogawa Electric Corporation, Olympus Corporation, Merck & Co., Inc., Thorlabs, Inc., Sysmex Corporation, and Danaher Corporation.

Global HCS Software and Services Market: Overview

The global high content screening (HCS) software and services market is envisioned to harvest large growth opportunities in the near future with the elevating demand for cell-based imaging alongside a high focus on complex morphological, cell structure, and cell aggregation analysis. The snowballing need to formulate new drug molecules and technological developments such as automated screening systems for cell stability and separation analysis could bring in ample of new prospects in the market.

Buyers of this report are prognosticated to receive a competent help in devising aggressive strategies for a reliable growth in the global HCS software and services market. Important aspects of the market such as competitive landscape, trends and opportunities, growth drivers and restraints, projected scores, and segmentation are elaborately shed light upon in the report.

Global HCS Software and Services Market: Dynamics

The world HCS software and services market is prophesied to gain a strong momentum from technological advancements and budding application areas such as stem cell biology. The healthy adoption of the HCS technology in high-throughput screening (HTS) laboratories could spur the expansion of the market. Companies could expect growth in the market with the rise in venture capital investments.

However, high instrumentation costs are envisaged to hamper the adoption of HCS software and services. Nevertheless, factors such as the advent of novel image analysis instruments and hefty demand for effective purification protocols and advanced screening systems could bode well for the HCS software and services market. Moreover, there could be favorable prospects birthing on the back of the development of sophisticated informatics solutions and demand for cutting-edge cell analysis technologies. The rising government support to perform cell-based researches is also projected to open up new avenues in the market.

Global HCS Software and Services Market: Segmentation

According to the analysis of the publication, the international HCS software and services market could be segmented into HCS services and HCS software by product. As marked by the analysts, HCS services are anticipated to take control of a gigantic share in the market by the end of 2022. This market could rise at a 6.6% CAGR between 2017 and 2022.

By industry, bio, educational institutions, government organizations, independent contract research organizations (CROs), and pharmaceutical and healthcare are predicted to be key classifications of the international HCS software and services market.

By application, the international HCS software and services market could be segregated into compound profiling, primary and secondary screening, target identification and validation, and toxicity studies.

By region, North America, the Middle East and Africa (MEA), Latin America, Europe, and Asia Pacific except Japan (APEJ) and Japan could offer crucial opportunities in the international HCS software and services market.

Global HCS Software and Services Market: Competition

Some of the important players of the worldwide HCS software and services market are expected to be Thermo Fisher Scientific, Inc., General Electric Company, Becton, Dickinson & Company, PerkinElmer, Inc., Olympus Corporation, Merck & Co., Inc., Danaher Corporation, Thorlabs, Inc., Sysmex Corporation, and Yokogawa Electric Corporation.


 
 
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