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They can be used to study mechanisms of action such as receptor binding, receptor activation, cell signaling, ligand internalization, and subcellular localization.
The cell-based assays market is segmented into reagents and assay kits, instrument, software, services.
The global cell-based assays market is expected to grow approximately $15 billion by 2018 at a CAGR of 11 percent.
North America reported largest market share, followed by Europe, and Asia is expected to be the fastest growing region for increasing investments in life science research, advancements in technology and drug discovery outsourcing.
These cell-based assays are routinely used in drug discovery process, ADME and basic research to establish the potency and stability of a drug substance or product and are important in establishing safety and efficacy profiles for biopharmaceuticals.