Markets

Anticipated Upsurge in the Cell Surface Markers Market with a Projected Growth of USD 14.06 Billion by 2028

Published November 24, 2023

The biotechnology sector is witnessing a significant growth phase, particularly in the cell surface markers market, which is forecasted to expand by a remarkable USD 14.06 billion during the period from 2023 to 2028. These markers, which are integral to the identification and classification of cells, are set to experience increased demand attributed to their vital role in research, diagnostics, and drug discovery processes. The ascension of this market is a direct reflection of the escalating requirement for personalized medicine, advancements in biotechnology, and the growing need for cell-based assays in clinical and research settings.

Key Market Players and Their Contributions

Leading the charge in advancing the cell surface markers market are prominent entities such as Abbott Laboratories and Abcam plc ABCM. Their substantial contributions to research, development, and distribution of biological reagents and tools within critical markets—spanning the United States, China, Japan, Europe, the Middle East, Africa, and parts of Asia Pacific—fuel the trajectory of market growth. Abcam plc, with its headquarters located in Cambridge, the United Kingdom, stands out as a beacon of innovation in the life sciences sector, continuing to break new ground in research tools that could be paramount to future medical breakthroughs.

Impact on Global Healthcare and Economic Outcomes

The burgeoning market of cell surface markers has profound implications not only in healthcare through the enhancement of diagnostics and the facilitation of drug discovery but also in economic growth due to the expansion of biotechnological industries. This projected upsurge in market size aligns with the rising trends in genomics and proteomics research, indicating a bright future for companies entrenched in the development of biological reagents, and in extension, for investors and stakeholders affiliated with these scientific endeavors.

growth, biotechnology, investment