Automated Patch Clamp System Market Will Grow at Highest Pace Owing to Increasing Need for Ionic Channel Screening
The Automated patch clamp system market has emerged as a modern technique for assessing ion channel drug targets and screening of new drug candidates in the pharmaceutical industry. Automated patch clamp systems offer several advantages over conventional manual patch clamp methods like high throughput screening capabilities, minimal training requirements and consistent results. Automated patch clamp techniques help in assessing therapeutic effects, safety and toxicity issues of new chemical entities at an early stage of drug development.
Global Automated patch clamp system market is estimated to be valued at US$ 538.05 Mn in 2024 and is expected to exhibit a CAGR of 6.9% over the forecast period from 2024 to 2031.
The growth can be attributed to increased R&D expenditure in pharmaceutical and biotechnology industries, advantages of high throughput screening over conventional patch clamp methods and rising need for ion channel screening.
Key Takeaways
Key players operating in the Automated patch clamp system are GE Healthcare, Siemens Healthineers, Philips Healthcare, Toshiba Medical Systems Corporation, Hitachi Healthcare, Canon Medical Systems Corporation, Mindray Medical International Limited, Esaote SpA, NeuroLogica Corporation, NeuroVive Pharmaceutical AG, Brainlab AG, Akili Interactive Labs Inc., Brainomix Ltd., Imaging Science International, Mevis Medical Solutions, NeuroVista, Neusoft Medical Systems, Positron Corporation, Shimadzu Corporation, Trifoil Imaging.
The Automated Patch Clamp System Market Growth is witnessing high growth owing to increasing expenditures on drug discovery by biopharmaceutical companies and rising demand for ion channel screening during preclinical studies. Moreover, prevalence of diseases mediated by ion channel dysfunction like cardiac arrhythmias, neurological disorders and cancer is further propelling the market growth.
Technological advancements like development of fully automated, high density ion channel screening systems with capabilities of providing fast, reproducible and accurate results are playing a pivotal role in market expansion. Availability of advanced data management and analysis software coupled with integrated workstations has enhanced the capabilities of automated patch clamp systems.
Market Trends
Miniaturization of Automated Patch Clamp Systems Market Size And Trends - Major players are focused on development of miniaturized systems with reduced footprint to facilitate highthroughput screening of ion channel activity.
Integration with other technologies - Integration of automated patch clamping with technologies like microfluidics, microelectrode arrays and sensor array technologies is expected to enhance throughput and analysis capabilities.
Advent of robotics - Use of robotics for liquid handling, plate movement and automated data analysis is projected to reduce operational costs and improve efficiency of high throughput screening using automated patch clamp systems.
Market Opportunities
Increasing collaborations with research institutions - Automated patch clamp OEMs can explore opportunities to establish partnerships with leading research institutions and CROs to drive the adoption of their systems.
Growth in emerging markets - Establishing manufacturing and distribution facilities in emerging Asian countries presents significant opportunities for automated patch clamp companies owing to increasing biomedical research expenditures.
Automated Patch Clamp System Market: Impact of COVID-19
The COVID-19 pandemic has significantly impacted the growth of the automated patch clamp system market. During the initial months of the pandemic in 2020, hospital resources were primarily focused on treating COVID-19 patients which led to postponement of non-emergency medical procedures and reduced demand for automated patch clamp systems. Supply chain disruptions also constrained market growth as production and transportation were disrupted globally. However, as research funding redirected towards developing vaccines and therapies for COVID-19, demand for automated patch clamp systems picked up to aid in drug discovery and screening efforts.
Various pharmaceutical companies and research institutes utilized automated patch clamp technologies to screen existing drug libraries and identify potential therapeutics against SARS-CoV-2, the virus causing COVID-19. This boosted demand for automated patch clamp systems in 2021 and 2022. On the other hand, it also led to supply bottlenecks as demand exceeded production capacity. Additional investments by key players to ramp up manufacturing helped address the supply issues. Overall, while the pandemic initially dampened market growth, increased focus on COVID-19 therapeutics development supported market recovery in the latter half of the forecast period.
Automated Patch Clamp System Market: Geographic concentration
In terms of value, North America represents the largest regional market for automated patch clamp systems globally. The presence of major pharmaceutical companies and robust research funding drive significant demand for these systems in the US and Canada. Stricter regulations regarding safety and efficacy testing of new drug molecules also support market growth. Within the region, the US accounts for the major share owing to presence of key market players and high spending on R&D activities.
Asia Pacific is poised to be the fastest growing regional market for automated patch clamp systems during the forecast period. In particular, China and India are likely to experience strongest growth supported by rising investments in healthcare infrastructure and expanding pharmaceutical sector. Growing biotechnology industry, emerging contract research organizations, and increasing government initiatives to promote life science research will all contribute to Asia Pacific's rapid market expansion over the next few years.
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About Author:
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)
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