Cell Proliferation Kit Market Trends

Growth Drivers

• Increasing Rate of Patients Diagnosed with Cancer, and Tumors – On account of the increasing prevalence of cancer, the market is expected to expand more in the upcoming years. According to the World Health Organization, smoking, drinking alcohol, eating poorly, not exercising, and air pollution are risk factors for cancer and other noncommunicable diseases. Approximately, 90–95% cancer cases among Americans can be attributed to lifestyle factors such as cigarette smoking, diet, alcohol, sun exposure, environmental pollutants, infections, stress, obesity, and physical inactivity.

• Rising Conscious Towards Healthcare – The anxiety of probable pandemic outbreaks in the future has made people more aware about their health. According to the most recent estimates, more than 80% of the population in Jordan has health insurance (both private and public health insurance).

• Growing Government Efforts to Reduce the Cost of Healthcare – Government agencies in both developed and developing nations are expanding their financial contributions to research and development projects and clinical trials addressing various medical diseases. In 2022, there were more than 400 thousand clinical trials registered worldwide.

• Growing Usage of Toxicity Testing in the Food Industry – To assess the safety of food and food additives, food safety toxicological tests are a crucial tool.  In order to ensure food safety, the food industry has recently improved safety testing techniques that concentrate on microbiological contaminants recently. Further, putting food safety at risk can result in fatalities. Every year, food safety issues cause economic losses for nations all around the world. According to estimates, foodborne infections cost low- to middle-income nations at least $100 billion in losses each year.

Challenges

• Lack of Highly Qualified Medical Personnel in Poor Economic Areas - According to a new joint report by the OECD, World Health Organization (WHO) and the World Bank, inadequate health services are preventing nations of all economic levels from making progress in improving their citizens' health. For instance, the number of health professionals migrating is also rising, which might make the shortfall worse, particularly in low- and lower-middle-income countries.

• Dearth of Knowledge Regarding Cell Proliferation Kit

• Limitations in Clinical and Research Applications