About HCS Software and Services
High-content screening (HCS) includes many methods used to analyze whole cells or components of cells with a simultaneous readout of several parameters. HCS software suite supports drug discovery and provides researchers with advanced insights into high content analysis (HCA) experiments such as label-free cell imaging, 3D image analysis, and texture analysis. Also, software extracts valuable data from images more efficiently and enables objective, quantitative assessments. HCS software and services market is expected to grow in the future due to growth in drug discovery and rising government support and funding for research and development activities.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global HCS Software and Services market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Thermo Fisher Scientific (United States), General Electric (United States), Becton, Dickinson and Company (United States), PerkinElmer, Inc (United States), Yokogawa Electric Corporation (Japan), Olympus Corporation (Japan), Merck & Co., Inc. (United States), Thorlabs Inc. (United States), BioTek Instruments, Inc. (United States) and PhenoVista Biosciences (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global HCS Software and Services market by Type (HCS Services and HCS Software), Application (Compound Profiling, Primary and Secondary Screening, Automated Microscopy and Image Analysis, Target Identification and Validation and Other) and Region.
On the basis of geography, the market of HCS Software and Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User, the sub-segment i.e. Educational Institutions will boost the HCS Software and Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Research and Development Expenditure
Market Growth Drivers:
Rising Government Funding and Venture Capital Investments in Developed Countries for HSC and Increasing New Drug Innovations Activities
Challenges:
Lack of Knowledgeable and Skilled Operators and Inadequate Infrastructure and Funding for R&D in Emerging Countries
Restraints:
High Instrumentation Prices Hinder the acceptance of HCS Software and Services
Opportunities:
Growth in Funding for Cellular Research, Growing Focus of Multinational Companies on Emerging Markets and Developing R&D Infrastructure
Market Leaders and their expansionary development strategies
In January 2020,WellSky, a leading health and community care technology company based in Lenexa, Kan., has acquired of Health Care Software, Inc. (“HCS”), a New Jersey-based provider of integrated clinical and financial IT software for long-term and post-acute care providers.
In CDec 2019, Olympus announces the US launch of the scanR high-content screening (HCS) station, a cell imaging solution that utilizes artificial intelligence (AI) to enable next-generation biological research. It combines the modularity and flexibility of a microscope-based setup with the automation, speed, throughput, and reproducibility of an HCS station.
Key Target Audience
HCS Software and Services provider, Potential Investors, End-User Industries and Research and Development Organisation
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.