Global Flow Cytometry Market

Flow Cytometry Market Size, Share, Growth Analysis, By Products(Instruments (Cell Analyzers, Cell Sorters), Reagents & Consumables, Software), By Technology(Cell-based, Bead-based), By Application(Research (Pharmaceutical (Drug Discovery, Stem Cell, In Vitro Toxicity), Apoptosis), By End-Use(Commercial Organizations, Hospitals, Academic Institutes, Clinical Testing Labs), By Region - Industry Forecast 2025-2032


Report ID: SQMIG35H2031 | Region: Global | Published Date: August, 2024
Pages: 157 | Tables: 130 | Figures: 77

Flow Cytometry Market Dynamics

Driver

Growing Demand for Generic Medicines

  • The increasing emphasis on the personalized medicine and targeted therapies is driving the demand for more advanced flow-through methods. The ability of flow cytometry to analyze multiple parameters simultaneously contributes to the accurate characterization of cells, which is crucial for developing personalized treatment plans.

Technological Advancements

  • New trends in flow cytometry technology, such as the development of more sensitive detectors and multiparameter analysis can increase the accuracy and efficiency of cytoanalysis. These developments expand the use of flow cytometry in research and clinical research, boosting the market

Restraint

Increased Equipment Costs

  • The initial investment and maintenance costs associated with flow cytometry equipment may be prohibitively high for some laboratories and institutions These financial barriers may prevent the uptake of flow cytometry especially in small or underfunded centers.

Complex Data Analysis

  • Flow cellular measurements yield complicated records that need sophisticated software programs and expertise for accurate interpretation. Complex statistical analysis and the need for specialized training can be a barrier to a hit adoption and hinder market growth.
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FAQs

Global Flow Cytometry Market was valued at USD 3.97 Billion in 2022 and is poised to grow from USD 4.25 Billion in 2023 to USD 6.99 Billion by 2031, at a CAGR of 7.17% over the forecast period (2024-2031).

The flow cytometry market is considered highly consolidated due to the presence of very few players in the market. These players hold a huge share of the market and are likely to remain in a similar competitive environment for the next few years. BD Biosciences is a leader in the flow cytometry market, known for its wide range of flow cytometry devices, reagents and software solutions. The company emphasizes innovation and product development to meet research and clinical needs. 'Becton, Dickinson, and Company (US)', 'Danaher Corporation (US)', 'Thermo Fisher Scientific, Inc. (US)', 'Agilent Technologies, Inc. (US)', 'Sony Group Corporation (Japan)', 'Bio-Rad Laboratories, Inc. (US)', 'Miltenyi Biotec GmbH (Germany)', 'Enzo Biochem, Inc. (US)', 'Sysmex Corporation (Japan)', 'bioMérieux S.A. (France)', 'Cytonome/ ST, LLC (US)', 'Sartorius AG (Germany)', 'Cytek Biosciences, Inc. (US)', 'Union Biometrica, Inc. (US)', 'Fluxion Biosciences, Inc. (US)', 'Apogee Flow Systems Ltd. (UK)', 'Merck KGaA (Germany)', 'Beckman Coulter, Inc. (US)', 'Stratedigm, Inc. (US)', 'Nanocellect Biomedical (US)'

The increasing emphasis on the personalized medicine and targeted therapies is driving the demand for more advanced flow-through methods. The ability of flow cytometry to analyze multiple parameters simultaneously contributes to the accurate characterization of cells, which is crucial for developing personalized treatment plans.

Cell sorting is a pivotal segment of the flow cytometry market, appreciably enhancing the capability to split and analyze individual mobile populations based on specific characteristics. This procedure is essential for the various packages, consisting of cancer research, immunology, and stem mobile research. Advances in cell sorting technology permit researchers and clinicians to isolate rare cell types with high purity and accuracy, facilitating certain studies and personalized medicine procedures. The growing call for specific cellular analysis in both studies and clinical settings is driving the enlargement of this market section.

North America dominated the flow cytometry market. Throughout the forecast period, the region is predicted to dominate the marketplace. This dominance may be attributed to the United States' excessive healthcare spending and the healthcare infrastructure. Furthermore, the established pharmaceutical industry, as well as extensive research activities by research universities and pharmaceutical companies, have created a significant demand for the flow cytometry solutions for research purposes. North America dominated the overall market with 41.20% revenue share in 2023. This can be attributed in large part to the well-established healthcare and pharmaceutical industry in the US, which has driven the demand for flow cytometry solutions great for clinical and research purposes.

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Global Flow Cytometry Market

Report ID: SQMIG35H2031

$5,300
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