![Global Flow Cytometry Market](https://res.cloudinary.com/devmoveo/image/upload/v1704959575/skyquest/report/phpS1NXY0.jpg)
Report ID: SQMIG35H2031
Report ID:
SQMIG35H2031 |
Region:
Global |
Published Date: August, 2024
Pages:
157
|
Tables:
130 |
Figures:
77
Flow Cytometry Market Driver
Advancements and Demand in Flow Cytometry
Flow cytometry is crucial for analyzing cell surface and intracellular molecules, characterizing diverse cell types, and assessing the purity of isolated subpopulations. The market is driven by increased R&D for multicolor assays and advanced reagents. The rising prevalence of chronic and infectious diseases, including COVID-19, has spurred demand, with numerous research institutes and pharmaceutical companies conducting extensive R&D to develop new vaccines and therapies.
Rising Demand for Personalized Medicine Drives Flow Cytometry Market
The increasing focus on personalized medicine, which tailors treatments to individual patients, is a major driver for the flow cytometry market. This technology allows researchers to identify and characterize specific biomarkers, leading to more effective diagnosis and treatment options for a wide range of diseases.
Restraints
High Costs Impede Flow Cytometry Adoption in Developing Economies
Flow cytometry instruments are expensive, and many developing economies cannot afford technologically advanced flow cytometers. These instruments cost between USD 75,000 and USD 100,000 for a four- to six-color and two-laser instrument, posing a significant financial burden on small and medium-sized hospitals and diagnostic laboratories in developing economies. Thermo Fisher Scientific's Attune with a two-laser and six-color instrument costs USD 99,000 in the United States. As a result, the high cost of equipment will likely limit demand for advanced flow cytometers.
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Report ID: SQMIG35H2031