According to the recent report by IMARC Group, titled “Flow Cytometry Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” offers a comprehensive analysis of the industry, which comprises insights on Flow Cytometry market research report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global flow cytometry market reached US$ 4.3 Billion in 2020. Looking forward, IMARC Group expects the global flow cytometry market to grow at a CAGR of 8.2% during 2021-2026.
Flow cytometry is a laser-based technology that analyses the physical and chemical characteristics of cells or particles. This technology enables researchers to simultaneously conduct a multi-paramedic analysis of a group of cells. Flow cytometry subclassifies cell types and detects the residual levels of disease, which aids in developing an appropriate treatment plan for a patient. On account of these functionalities, this technology is applied for chromosome analysis, cancer diagnosis, cell sorting, and protein expression in clinical practices, trials, and research.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Flow Cytometry Market Trends:
One of the key factors driving the market growth is the increasing prevalence of various chronic diseases, such as cancer and HIV-AIDS. Flow cytometry provides toxicity testing and a rapid prognosis is required in such cases, which, in turn, is supporting the market growth. The rising adoption of stem cell therapy is acting as another major growth-inducing factor. Additionally, the increasing application of flow cytometry for cell sorting, antibody production, proliferation assays, and immunophenotyping is creating a positive outlook for the market. Various technological advancements, such as the integration of artificial intelligence (AI) with flow cytometry devices, are contributing to the market growth. Other growth-inducing factors include improving healthcare infrastructure and the widespread adoption of flow cytometry in clinical trials and other research activities.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- Agilent Technologies Inc
- Apogee Flow Systems Ltd.
- BD (Becton, Dickinson and Company)
- Beckman Coulter Inc.
- Bio-RAD Laboratories Inc.
- Enzo Life Sciences Inc
Flow Cytometry Market Segmentation:
Our report has categorized the market based on region, product and service, technology, application and end-user.
Breakup by Product and Service:
- Reagents and Consumables
Breakup by Technology:
- Cell-Based Flow Cytometry
- Bead-Based Flow Cytometry
Breakup by Application:
- Drug Discovery
- Disease Diagnosis
- Stem Cell Therapy
- Organ Transplantation
Breakup by End-User:
- Hospitals and Clinics
- Academic and Research Institutes
- Pharmaceutical and Biotechnology Companies
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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