The cell migration and cell invasion assay market plays a vital role in oncology research as these assays help understand cancer cell behavior under different microenvironmental conditions. Cell migration and invasion assays help evaluate intracellular signaling pathways mediating cancer cell migration and invasion by quantifying cell movements in response to specific stimuli.
The Cell Migration And Cell Invasion Assay Market is estimated to be valued at US$ 1.35 Bn in 2024 and is expected to exhibit a CAGR of 7.7% over the forecast period 2024-2031.
Key Takeaways
Key players operating in the cell migration and cell invasion assay market are Sigma-Aldrich, Abcam, BioVision, Enzo Life Sciences, R&D Systems. Sigma-Aldrich offers a wide range of cell migration and invasion assay kits to study cancer metastasis. Abcam provides kits for studying migration and invasion of cancer cells using fluorescence and colorimetric detection methods.
The growing prevalence of cancer and rising focus on understanding cancer metastasis pathways is driving the demand for cell migration and cell invasion assays. As per WHO, cancer burden is expected to rise by over 70% in the next two decades. This is increasing focus on developing effective anticancer drugs targeting cancer cell migration and invasion.
Key players are expanding their geographic presence across Americas, Europe, Asia Pacific, and other global markets to tap the business opportunities. For instance, BioVision launched its operations in India to strengthen its presence in the high potential Asia Pacific cell migration and invasion assay market.
Market Key Trends
One of the key trends gaining traction in the cell migration and cell invasion assay market is the development of 3D cell culture models that more closely mimic the in vivo tumor microenvironment. Three-dimensional environments allow for cell–cell and cell–matrix interactions critical to studying cancer metastasis. Compared to conventional 2D assays, 3D models provide physiologically relevant microenvironments to better understand cancer progression and identify novel anti-metastatic drug targets. This trend is expected to drive the demand for advanced 3D cell migration and invasion assay kits.
Porter’s Analysis
Threat of new entrants: High investment requirements in terms of R&D act as a barrier for new firms.
Bargaining power of buyers: Availability of substitutes gives buyers more bargaining power.
Bargaining power of suppliers: Suppliers do not have strong negotiating power due to availability of alternative suppliers.
Threat of new substitutes: New advanced techniques for cell-based assays pose substitutes threats.
Competitive rivalry: Companies compete based on pricing strategies and product innovation.
The North American region accounted for the major share of the Cell Migration And Cell Invasion Assay Market in 2021. The large share of this region can be attributed to factors such as increasing incidence of cancer and other chronic diseases, strong presence of key market players, and presence of advanced healthcare infrastructure. Asia Pacific region is expected to witness the highest growth during the forecast period owing to growing biotechnology and pharmaceutical industries, increasing government investments in healthcare research, rising geriatric population, and growing focus on developing low-cost treatments for cancer and other chronic diseases.
What Are The Key Data Covered In This Cell Migration and Cell Invasion Assay Market Market Report?
:- Market CAGR throughout the predicted period
:- Comprehensive information on the aspects that will drive the Cell Migration and Cell Invasion Assay Market’s growth between 2024 and 2031.
:- Accurate calculation of the size of the Cell Migration and Cell Invasion Assay Market and its contribution to the market, with emphasis on the parent market
:- Realistic forecasts of future trends and changes in consumer behaviour
:- Cell Migration and Cell Invasion Assay Market Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa
:- A complete examination of the market’s competitive landscape, as well as extensive information on vendors
:- Detailed examination of the factors that will impede the expansion of Cell Migration and Cell Invasion Assay Market vendors
FAQ’s
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Q.4 Which of the top Cell Migration and Cell Invasion Assay Market companies compare in terms of sales, revenue, and prices?
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*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it