The size of the European Cell Signaling Market is forecasted to worth USD 41.76 billion by 2029 from USD 30.77 billion in 2024, registering 6.30% CAGR between 2024 to 2029.
Y-O-Y growth in the incidence of chronic diseases and the accessibility of the funds related to cell-based research activities are majorly accelerating this regional market. An increasing number of biopharmaceutical companies and extensive accessibility of developed cell-signaling positively impact the market during the forecast period. The growing importance of cell signaling in biotechnology and medical industries are expected to favor market growth.
Pricing pressure of the cell signaling and the behavioral concerns related to embryonic stem cell signaling research are restraining the market growth in Europe. Moreover, the cost of the equipment and machines needed in researching cell signaling is acting as a potential barrier in the market growth of the region.
The European market is estimated to hold the second-largest share in the global market between 2023 to 2028. Technological developments in developed economies like Germany are investing heavily in the research and development of cell signaling. Furthermore, favorable government policies are further expected to aid the growth of the market.
Germany is expected to lead the market in the region with a CAGR of 4.4%. The burgeoning involvement of the government for the enhancement of cell-based research in the form of incremental funding is augmenting the market growth during the forecast period in the region.
Key players operating in the Europe Cell Signaling Market profiled in this report are Merck KGaA, Becton, Dickinson and Company, Beckman Coulter, Inc., Thermo Fisher Scientific Inc., Bio-Rad Laboratories Inc., QIAGEN N.V., PerkinElmer Inc., Promega Corporation, Bio-Techne Corporation, Cell Signaling Technology, Inc., Abcam plc, Miltenyi Biotec, Cell Biolabs Inc., Full Moon BioSystems, Cisbio Bioassays, BioVision, Rockland Immunochemicals Inc., Tonbo Biosciences, StressMarq Biosciences Inc., BPS Bioscience, Abeomics Inc., RayBiotech, MEDICAL & BIOLOGICAL LABORATORIES CO, Sino Biological and Santa Cruz Biotechnology.
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