Global Flow Cytometry Market: Snapshot

The global market for flow cytometry is growing at a healthy pace and is likely to ensure high growth over the next few years. The increasing investments by the leading companies for the research and development activities is likely to accelerate the development of the overall market in the coming few years. In addition to this, the rise in the number of applications and the rising prevalence of diseases are projected to ensure the overall growth of the market in the coming years.

As per the market research study, in 2016, the global market for flow cytometry was worth US$3,072 mn and is projected to reach a value of US$8100 mn by the end of 2025. The market is further expected to register a promising 11.0% CAGR between 2017 and 2025.

global flow cytometry market

Increasing Stem Cell Research to Drive Flow Cytometry Market

A substantial rise in the adoption of flow cytometry techniques in the clinical trials and research activities is projected to encourage the growth of the global flow cytometry market in the next few years. The increasing prevalence of cancer and HIV/AIDS and the technological developments are anticipated to attract a large number of players, thus enhancing the market growth in the near future. In addition to this, the growing availability of novel application-specific flow cytometry products and the rising stem cell research are estimated to support the market growth in the near future.

On the contrary, the lack of skilled professionals and the lack of proper knowledge concerning the use of flow cytometry are predicted to restrict the market growth in the near future. Also, the high cost of flow cytometry products and the increasing complications concerning the reagent development are predicted to curb the development of market in the near future. Nonetheless, the rising focus of the players on the developing economies is anticipated to ensure the growth of the global flow cytometry market in the near future.

North America Flow Cytometry to Witness High Growth in Near Future

The global market for flow cytometry has been categorized on the basis of geography into Latin America, North America, Asia Pacific, Europe, and the Middle East and Africa. In 2016, North America held a large share of the flow cytometry market and is predicted to continue with its position over the next few years. The rising prevalence of diseases and the rising contribution from the U.S. are some of the factors that are estimated to enhance the market growth in the coming few years. In addition, the rising number of cases of HIV and cancer and the rise in the use of flow cytometry for the drug discovery are projected to accelerate the growth of the overall market in the coming few years. Also, the rise in the development of new products is predicted to offer potential opportunities for the players in the coming few years.

The global market for flow cytometry is considered as highly consolidated in nature, owing to the presence of a few players who are engaged in the market. These players are holding a huge share of the market and is likely to remain in a similar competitive environment in the next few years. The rising emphasis of the players on product development and the rise in the research and development activities are projected to encourage the growth of the flow cytometry market in the coming few years. Some of the key players engaged in the flow cytometry market across the globe are Bio-Rad Laboratories, Inc., Sysmex Partec GmbH, Becton, Dickinson and Company, Thermo Fisher Scientific, Inc., and Merck KGaA.

Global Flow Cytometry Market: Overview

Flow cytometry analyzes fluid by suspending fluid in the light beam or laser beam. Cell components in the fluid are fluorescently labeled and then they are passed through beam which later on excited by the laser to emit light at diversified wavelengths. The fluorescence lights help to determine various properties of single particles and cells from different wavelengths. Flow cytometer analyses up to thousands of particles per second as the beam passes through the liquid stream. Continuous advancements in molecular diagnostics, monoclonal antibodies, lasers and software. Moreover growing demand for understanding of immunologic regulating systemic diseases and increase in adoption rate by healthcare facilities are some major factors driving the growth of the market.

Global Flow Cytometry Market: Key Segments

Flow Cytometry market has been segmented into technology, product & services, application, end-user, and geography. Based on technology, the flow cytometry market has been segmented into cell-based and bead-based. On the basis of product & services the market has been segmented into reagents & consumables, flow cytometry instruments, software and services. Flow cytometry instruments segment has been further classified in to cell analyzers and cell sorter. On the basis of application, the market has been segmented into pharmaceutical & drug discovery, diagnostics and others. On the basis of end-user, the market has been segmented into hospitals & diagnostic labs, academic & research institutions and others.  On the basis of geography, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

The research is a combination of primary and secondary research, conducted for understanding and arriving at trends, used to forecast the expected revenue of the flow cytometry market in the near future. Primary research formed the bulk of our research efforts with information collected from in-depth interviews and discussions with a number of key industry experts and opinion leaders. Secondary research involved study of company websites, annual reports, press releases, investor presentations, analyst presentation and various international and national databases. The report provides estimated market size in terms of US$ Mn for technology, product & services, application, end-user, and geography for the period 2015 to 2025, considering the macro and micro environmental factors. The revenue generated from each technology, product & services, application and end-user was calculated by considering the Flow Cytometry market product sales.

The market report comprises an elaborated executive summary, which includes market snapshot that provides information about various segments of the market. It also provides information and data analysis of the market with respect to market segments based on technology, product & services, application, end-user, and geography. The market overview section of the report analyzes market dynamics such as drivers, restraints and opportunities that influences flow cytometry market in the current and future scenario. The report also provides Porter’s five forces analysis, the acquisitions timeline of the Flow Cytometry market companies, SWOT analysis of the market, regulatory scenario, and comparative analysis of the Flow Cytometry market policies.

Companies Mentioned in Report

Market share analysis among the market players is analyzed to signify the contribution of these players in the market in terms of percentage share. All these factors will help the market players to decide about the business strategies and plans to strengthen their positions in the global market. Based on geography, the market has been analyzed for major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study also covers detailed country analysis contributing majorly in the Flow Cytometry market.

The report also profiles the major players in the market and provides various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. Companies profiled in the Flow Cytometry market report are Sysmex Partec GmbH, Bio-Rad Laboratories, Inc., Becton, Dickinson and Company, Merck KGaA, Thermo Fisher Scientific, Inc., Beckman Coulter, Inc (Danaher Corporation), Agilent Technologies, Inc., Bio-Techne., Alere, Inc., Miltenyi Biotec GmbH.

The Flow cytometry Market has been segmented as follows:

  • Flow cytometry Market, by Technology
    • Cell-based
    • Bead-based
  • Flow cytometry Market, by Product & Services
    • Reagents & Consumables
    • Flow Cytometry Instruments
      • Cell Analyzers
      • Cell Sorters
    • Software
    • Services
  • Flow cytometry Market, by Application
    • Pharmaceutical & Drug Discovery
    • Diagnostics
    • Others
  • Flow cytometry Market, by End-User
    • Hospitals & Diagnostic Labs
    • Academic & Research Institutions
    • Others
  • Flow cytometry Market Revenue, by Geography
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • Spain
      • France
      • Italy
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia & New Zealand
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Mexico
      • Rest of LATAM
    • Middle East and Africa
      • GCC Countries
      • South Africa
      • Israel
      • Rest of MEA
.