Automated Cell Block System Market Trends

The global automated cell block system market is anticipated to register a significant CAGR over the forecast period, i.e., 2020-2028. Numerous technological advancements have been witnessed in the medical research field, along with the rise in several approvals regarding automated medical products in order to bring new opportunities to an industry that had previously lacked innovation, which is anticipated to boost the market growth. The market is segmented by product, by component, by end user and by region. The segment for end user is further segmented into rеѕеаrсh & асаdеmіс Ñ–nÑ•tÑ–tutеѕ, lаbоrаtоrіеѕ, and others, out of which, the segment for research & academic institutes is anticipated to grow at the highest rate in the next few years on account of increasing research and development in the medical sector. The technologically enhanced automated cell block system is used to overcome the limitations of traditional cell block methods. To fulfill the demand, device manufacturers have completely adopted automated techniques, developing new and improved technological systems. Eminent advantages of an automated cell block system over traditional cell block system include factors such as availability of block with more sections and less time-consuming process of segmentation of specimens. Further, this new system ensures that the storage of cell blocks is easier than unstained slides, recognition of tumor pattern and architectural design is possible, and biopsy is not required. Technology assessment is present in the automated cell block systems with improved automated operations, minimal errors coupled with faster processes, and government initiatives to aid the market, which is estimated to gain traction during the forecast period on the basis of these factors. 

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Growth Drivers

Technological advancements in cell block techniques

Technological advancements in the medical research industry have provided better and effective solutions. The traditional method of segmentation and testing of the specimen could take days before producing any result along with inconsistent results, insufficient cellularity, and risk of contamination. However, the automated cell block systems are anticipated to maintain crisp and clear cellular architecture, minimizes operator error, and maximizing cellularity even from small samples. Subsequently, this method has the advantage of standardized produces and consistent preparations in less than an hour, and limited contamination risk. These are some key factors that are projected to raise the demand for automated cell block system in the coming years.

Increase in the production capacity for automation systems

With the growing global demand for the automated systems, key market players are adopting new and improved technologies to increase the production rate for the automated cell block systems. This resolution of key market players will further aid in the production of more accurate automated systems with a limited cross-contamination risk. The rising production capacity of market key players is estimated to further assist in the growth of the automated cell block system market in the coming years.

Restraints

The high cost of automated cell block systems

Sustainable advanced technologies come at a cost. Owing to the high price of both installation and the product itself, the market growth is estimated to be restricted tremendously, thereby affecting the demand for an automated cell block system in the coming years.

Complex regulatory framework

Specimens processed in automated cell block system are collected in a methanol-based solution, which therefore requires long and fixed standardized procedures, preparations, along with authentication laboratories to ensure accurate results of cell segmentation processes. The complexity of this procedure is predicted to be another factor hindering the growth of the automated cell block system market during the forecast period.