The ‘Global Flow Cytometry Market Size, Share, Price, Report and Forecast 2023-2031’ by Expert Market Research gives an extensive outlook of the global flow cytometry market, assessing the market on the basis of its segments like components, technologies, applications, end users, and major regions.
The key highlights of the report include:
Market Overview (2018-2031)
- Historical Market Size (2022): Nearly USD 4.91 Billion
- Forecast CAGR (2023-2031): 7.8%
- Forecast Market Size (2031): Around USD 9.62 Billion
In microbiology, flow cytometry differentiates between metabolically active and dead cells as well as analyses cells and identifies their cellular component levels and characteristics. Due to such benefits, the technique is gaining interest among food microbiologists to detect pathogens, conjugate antibodies with fluorochromes, analyse and sort cells, and acquire multiparametric data.
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The robust growth of the pharmaceutical sector is significantly supporting the flow cytometry market demand. The technique finds wide applications in analysing the efficacy of vaccines and drugs and screening, monitoring, and separating single cells for drug manufacturing. Moreover, in drug discovery, flow cytometry is used in different processes such as the analysis of cells, lead development, and target identification.
Industry Definition and Major Segments
Flow cytometry is a technique that uses lasers as light sources for detecting and analysing the physical and chemical characteristics of particles or cells. The technique uses various fluorescent reagents, including DNA binding dyes, fluorescent expression proteins, and viability dyes, among others. It finds wide applications in various areas of medical science, including infectious disease monitoring, immunology, and virology.
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The market, on the basis of component, is categorised into:
- Platforms
- Instruments
- Sorters
- Replaceable Components
- Filters
- Lasers
- Detectors
- Others
- Reagents and Consumables
- Antibodies
- Dyes
- Beads
- Others
- Software
- Services
Based on technology, the market is divided into:
- Cell Based Flow Cytometry
- Bead Based Flow Cytometry
The various applications of flow cytometry include:
- Research
- Pharmaceuticals
- Drug Discovery
- In Vitro Toxicity
- Stem Cell
- Apoptosis
- Cell Sorting
- Cell Cycle Analysis
- Immunology
- Cell Viability
- Industrial
- Clinical
- Cancer
- Organ Transplantation
- Immunodeficiency
- Haematology
By end user, the market is segmented into:
- Hospitals
- Research Labs
- Pharmaceuticals and Biotechnology Companies
- Academic and Research Institutes
- Clinical Testing Laboratories
- Blood Bank
- Others
The major regional markets of flow cytometry include:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
Flow cytometry offers a quick turnaround time and is extremely sensitive, due to which it is widely used in various healthcare applications. One of the significant flow cytometry market trends include the growing cases of cancer, which is boosting the use of the technique in cancer study, analysis of tumour cell proliferation, detection of tumour cell DNA, and leukaemia immunophenotyping.
In addition, the increasing awareness regarding the importance of early cancer detection is surging the usage of flow cytometry to screen abnormal DNA content and indicate cancer cells. Flow cytometry is also combined with monoclonal antibodies to quantity the side and therapeutic effects of cancer treatment.
With advancements in cancer research and the increasing focus on personalised treatments, the potential of flow cytometry to provide specific information about a patient’s cancer cells to enable healthcare providers to offer more accurate and effective treatment is anticipated to favour the market development in the coming years.
Key Market Players:
The major players in the flow cytometry market report are Agilent Technologies, Inc., BD, Bio-Rad Laboratories, Inc., Beckman Coulter, Inc., Luminex Corporation, Sony Biotechnology Inc., Apogee Flow Systems Ltd., Cytek Biosciences, bioMérieux SA, Merck KGaA, Elabscience Biotechnology Inc., Miltenyi Biotec, Takara Bio Inc., Thermo Fisher Scientific Inc., CellKraft Biotech Pvt. Ltd., Sartorius AG, NeoGenomics Laboratories, Bay bioscience Co., Ltd., and Cell Signaling Technology, Inc.
Other key market players include CytoBuoy b.v., ORFLO Technologies, IKEDA SCIENTIFIC Co., Ltd., BioLegend, Inc., II-VI Incorporated, Enzo Biochem Inc., Union Biometrica, Inc., Cytonome/ST, LLC, Stratedigm, Inc, NanoCellect Biomedical, BennuBio Inc., Nexcelom Bioscience LLC, On-chip Biotechnologies Co., Ltd. Corporation, and Enzo Biochem Inc.
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players. The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.
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