USD 247.4 Billion
Report ID:
SQMIG35A2354 |
Region:
Global |
Published Date: October, 2024
Pages:
157
|Tables:
61
|Figures:
75
Cell Sorting Market size was valued at USD 283.32 Million in 2023 and is poised to grow from USD 303.15 Million in 2024 to USD 521.27 Million by 2032, growing at a CAGR of 7% during the forecast period (2025-2032).
Rapidly increasing investments in cell research around the world are forecasted to primarily alter the demand for cell sorting over the coming years. Advancements in cell sorting technologies and the rising need for better cell analysis are also expected to bolster cell sorting market growth in the future. Surging demand for cell therapies and cell-based therapeutics are also estimated to create new opportunities for cell sorting providers in the long run. Growing incidence of chronic diseases and rising availability of government funding for cell research are also estimated to bolster the sales of cell sorting equipment and solutions over the coming years. On the contrary, absence of skilled professionals, high costs of cell sorting equipment, complexity of cell sorting technologies, and limited infrastructure in developing regions are expected to be key restraints for cell sorting demand across the study period and beyond.
US Cell Sorting Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 247.4 Billion
Largest Segment
Research
Fastest Growth
Research
Growth Rate
7.0% CAGR
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Global Cell Sorting Market is segmented by Technology, Product and Services, Application, End User, and Region. Based on Technology, the market is segmented into Fluorescence-Based Droplet Cell Sorting (Jet-In-Air Cell Sorting, Cuvette-Based Cell Sorting), Magnetic-Activated Cell Sorting (MACS), Micro-Electromechanical Systems (MEMS) - Microfluidics. Based on Product and Services, the market is segmented into Cell Sorters (High-Range Cell Sorters (Priced Above USD 300,000), Mid-Range Cell Sorters (Priced Between USD 200,000–USD 300,000), Low-Range Cell Sorters (Priced Below USD 200,000)), Cell Sorting Reagents And Consumables, Cell Sorting Services. Based on Application, the market is segmented into Research Applications (Immunology & Cancer Research, Stem Cell Research, Drug Discovery, Other Research Applications), Clinical Applications. Based on End User, the market is segmented into Research Institutions, Medical Schools And Academic Institutions, Pharmaceutical And Biotechnology Companies, Hospitals And Clinical Testing Laboratories. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Analysis by Application
Research applications are estimated to account for a major share of the global cell sorting industry. Rapidly increasing investments in immunology, cancer research, stem cell research, and drug discovery around the world are projected to help this segment spearhead global cell sorting demand outlook in the long run. Growing application scope of cell sorting for developing new therapies, improving disease management, and advancement of scientific knowledge is also slated to create new opportunities for cell sorting providers over the coming years. Availability of supportive government funding for research programs and initiatives is also slated to uplift the sales of cell sorting products going forward.
Meanwhile, increasing use of cell sorting in clinical applications is making it the fastest growing segment in the global cell sorting market through 2031. Use of cell sorting for diagnostic, prognostic, and therapeutic purposes in clinical settings around the world is also expected to create new business scope for cell sorting providers in the long run. Growing use of regenerative medicine around the world is also estimated to bolster cell sorting market growth via this segment in the future. Increasing use of precision medicine and personalized medicine are also forecasted to promote the adoption of cell sorting in clinical settings through 2031 and beyond.
Analysis by Product & Services
Cell sorters are projected to account for a prominent chunk of the global cell sorting market share over the coming years. The irreplaceable role of cell sorters in cell sorting allows them to maintain a dominant stance in the global industry. Cell sorters utilize flow cytometry and magnetic-activated cell sorting (MACS) technologies to analyze and characterize cells based on their properties. Growing investments in cell research across multiple disease indications is also estimated to bolster the sales of cell sorters in the long run. Cell characterization, multiparametric analysis, and high-speed sorting capabilities are key features of cell sorters.
On the other hand, the demand for cell sorting reagents and consumables is slated to increase at an impressive pace in the future. Antibodies, dyes, buffers, tubes, and plates are expected to be some of the most important reagents and consumables used in cell sorting applications. Rising emphasis on use of high-quality reagents and consumables to optimize cell research is also estimated to create new opportunities for cell sorting providers targeting this segment going forward. Surging investments in oncology and immunology research are also forecasted to help boost revenue generation for cell sorting companies via this segment.
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Robust spending on medical research in the North American region makes it a leader in the global cell sorting market. The presence of multiple pharmaceutical and biotechnology companies, growing investments in cell research, and availability of supportive government funding for research are aiding the dominance of this region. Canada and the United States are estimated to emerge as the leading markets for cell sorting providers operating in this region going forward. High adoption of personalized and precision medicine coupled with rising demand for regenerative medicine are also creating new business scope for cell sorting companies in the North American region.
Surging investments in cell research, growing emphasis on healthcare infrastructure development, and high demand for novel medical products are making the Asia Pacific region the fastest expanding market in the world. China, Japan, India, and South Korea are forecasted to be the most opportune markets for cell sorting providers looking to make a mark in this region through 2031. Improving healthcare accessibility and rising healthcare expenditure are also predicted to create new opportunities for cell sorting companies in the long run.
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Cell Sorting Market Drivers
Advancements in Cell Technologies
Rising use of novel cell cultures and cell technologies around the world is bolstering the adoption of novel cell sorting products and techniques. Growing adoption of high-precision cellular analysis is also expected to promote the demand for cell sorting in the long run.
High Investments in Cell Research
Growing demand for cell therapies and advancements in cell technologies are forecasted to create new opportunities for cell sorting companies in the future. Cell sorting plays a crucial role in any kind of cell research, which is why the demand for the same is expected to rise as investments in cell research increase globally.
Cell Sorting Market Restraints
High Costs of Equipment
Equipment used in the cell sorting process is quite expensive owing to the use of advanced technologies. High costs of advanced cell sorters make them inaccessible for research facilities with limited spending potential and thereby hurt the overall cell sorting market outlook in the long run.
Complexity of Cell Sorting
Cell sorting procedures and technologies are highly complex, and this is why handling them bolsters the need for skilled professionals. However, the shortage of such skilled professionals is expected to add up to the difficulties of complexity and slow down the adoption of cell sorting going forward.
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Cell sorting market players should focus on collaborations and partnerships to share their expertise and fast-track the development of novel cell sorting products. Developing affordable reagents and equipment required for cell sortings will also offer good business scope for new entrants in the market. Investing in research will be a non-negotiable strategy for all cell sorting companies operating around the world.
Cell Sorting Market Top Player’s Company Profile
Cell Sorting Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, high investments in cell research and development and growing demand for personalized medicine are projected to bolster cell sorting market growth. However, the high costs of cell sorting equipment and complexity of cell sorting procedure are estimated to hamper cell sorting demand outlook in the future. Supportive government initiatives to support cell research and presence of key biotechnology companies help North America maintain a dominant share of the global cell sorting industry. Integration of cell sorting solutions with microfluidics and artificial intelligence technologies is slated to present new business opportunities for cell sorting providers in the long run.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 283.32 Million |
Market size value in 2032 | USD 521.27 Million |
Growth Rate | 7% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Million |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Cell Sorting Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Cell Sorting Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Cell Sorting Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Cell Sorting Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG35A2354
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