Viable tumor cells are widely used by scientists for in vitro studies about the genetic origins, molecular pathways of diseases such as cancer. The viable tumor samples are good examples of whole processed tissues which are widely used in basic oncology disease research as well as drug development. Studies on immune disorders are done only with viable tumor samples as these have unique characteristics such as these proliferate indefinitely when cultured (HeLa cell lines), no contact inhibition, abnormal karyotype, and simple media requirement. Viable tumor samples have limitless applications in research especially for autoimmune disorder and oncology research to detect cell markers, efficacy testing of drugs, and in providing insights into the physiological mechanisms of diseases.
Major market players in the global viable tumor samples market provide quality controlled viable tumor cells with correct analysis, ensure proper fixation, and confirm the tissue and tumor size. The global viable tumor samples market is driven by rising demand in the field of diagnosis and prognosis tests. Furthermore, huge application scope of viable tumor samples and worldwide use in therapeutic monitoring are anticipated to fuel the growth of the global viable tumor samples market. However, requirement of skilled professionals, high cost of development and maintenance of viable tumor samples, and stringent regulatory policies are expected to restrain the global viable tumor samples market.
The global viable tumor samples market has been segmented based on cancer type, method of storage, application, and end-user. In terms of cancer type, the global viable tumor samples market has been categorized into lung cancer, prostate cancer, breast cancer, liver cancer, carcinomas, sarcomas, melanomas, lymphomas, leukemia, and stem cells. Based on method of storage, the global viable tumor samples market has been divided into flash frozen tumor samples, fresh tumor samples, dissociated tumor cells, Formalin-Fixed, Paraffin Embedded (FPFE) method, and other special tumor sample processing methods. Flash freezing treatments such as cryopreservation of viable tumor samples can store them till 10 years, hence are used more frequently. New methods such as Formalin-Fixed, Paraffin Embedded (FPFE) have certain advantages such as rapid and precise extraction of DNA. Hence, these are anticipated to show higher growth rate during the forecast period. In terms of application, the global viable tumor samples market has been segmented into drug testing along with drug target discovery, biomarker identification and/or validation, genetic studies including mutations, visualization of cell or tissue structure, studies related to cancer stem cells, and others. In terms of end-user, the global viable tumor samples market has been categorized into hospitals/clinics, diagnostic labs, research/academic institutes, cell banks, and others.
Several market players are coming up with cutting edge technologies with mechanical as well as enzymatic approaches to increase the duration of viability along with quality controlled tumor size. Regulatory documentation of viable tissue samples with high quality of product is seen as emerging trend in the global viable tumor samples market. Increasing discoveries related to the unmet needs of oncology in terms of molecular pathways, drug invention, cancer metastasis blockers, etc. can create new opportunities in the global viable tumor samples market.
In terms of region, the global viable tumor samples market has been divided into five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to witness continual growth owing to increasing adoption of advanced therapeutic monitoring technologies. North America, followed by Europe, is expected to dominate the global viable tumor samples market due to new and technologically advanced products are introduced in the market and increasing specialty research initiatives. The global viable tumor samples market is estimated to experience high growth in pharma emerging regions as viable tumor samples are widely used during drug discovery in the preclinical testing of new drug candidates.
Key players in the global viable tumor samples market are Conversant Bio, Miltenyi Biotec, Cureline, Inc., StoreMyTumor, Fluxion Biosciences, Crown Bioscience, Inc., and Indivumed GmbH, among others.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.