What is Flow Cytometry Market Scope?
Growth in the use of flow cytometry in stem cell research will help to boost the global flow cytometry market. Flow cytometry is a method used to identify and measure the physical and chemical features of a population of cells or particles. Additionally, it is used in cell counting, cell sorting, detecting biomarker, and protein engineering. There is a large void in diagnostics accessibility, particularly in the developing regions. So, the growing incidences of HIV AIDS and cancer can be measured a substantial growth opportunity for the global flow cytometry market.
Flow Cytometry Market Dynamics:
Attributes | Details |
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Growth Drivers | - Growing Prevalence of Cancer and HIV/AIDS
- Upsurge in the Applications of Flow Cytometry in Clinical Research
- Increasing Adoption of Flow Cytometry Techniques in Research and Academia
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Influencing Trends | - The Emergence and Commercial Application of New Technologies in the Field Of Flow Cytometry
- Intensifying Stem Cell Research
- Developing Public-Private Initiatives in the Field Of Immunology and Immuno-Oncology Researches
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Restraints | - Lack of Skilled Professionals
- The Lack of Proper Knowledge
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Road Blocks / Challenges | - Inadequate Research Infrastructure across Emerging Countries
- Complexities Related To Reagent Development
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Gaps & Opportunities | - Growing Availability of Novel Application-Specific Flow Cytometry Products
- Increasing Market Presence in Emerging Countries
- Adoption of Recombinant DNA Technology for Antibody Production
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The Flow Cytometry market study is being classified by Type (Cytometry Platforms [Sorters, Analyzers], Replaceable Components [Filter, Laser, Detectors, Others], Accessories, Reagents and Consumables [Antibodies, Dyes, Beads, Solutions, Buffers, Others], Software and Services), by Application and major geographies with country level break-up.
According to AMA, the Global Flow Cytometry market is expected to see growth rate of 9.3% and may see market size of USD5.9 Billion by 2027. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Flow Cytometry market throughout the predicted period.
Becton, Dickinson and Company (United States), Thermo Fisher Scientific, Inc. (United States), Beckman Coulter, Inc. (United States), Merck KGaA (Germany), Luminex Corporation, Sysmex Partec GmbH (Germany), Miltenyi Biotec GmbH (Germany), Agilent Technologies, Inc. (United States), bioMérieux S.A. (France) and Bio-Rad Laboratories, Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Sony Biotechnology, Inc., Enzo Life Sciences, Inc., Stratedigm, Inc., Cytonome/ST LLC and Apogee Flow Systems Ltd. (United Kingdom).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Flow Cytometry market by Type, Application and Region.
On the basis of geography, the market of Flow Cytometry has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region hold largest market share in the year 2021. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement.
Market Influencers and their Development Strategies
On 26th March 2019, BD (Becton, Dickinson and Company), a leading global medical technology company has announced the CE-IVD certification for the BD FACSDuet™ automated flow cytometry system. It allows clinical laboratories to expand their efficiency by dropping errors and restraining the manual user interactions required to run assays on the BD FACSLyric™ clinical flow cytometer.
On 18th October 2018, Luminex has acquired MilliporeSigma's flow cytometry portfolio. The deal is established for 75 million dollars, consisting of about 69.9 million dollars to be paid under a stock and asset purchase agreement and about 5.1 million dollars in committed inventory purchases.
Key Target Audience
Government Regulatory Bodies, Government and Private Research Organizations and Others
Flow Cytometry Market Study: Important Years
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Billion) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Flow Cytometry Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Flow Cytometry industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.