Flow Cytometry Market In-Depth Analysis, Growth Strategies and Comprehensive Forecast to 2032
The Global Flow Cytometry Market is expected to enjoy a lucrative growth opportunity with an expanded CAGR of 7.4% from 2022 to 2032. The global market is anticipated to reach a valuation of US$ 5.6 Billion by the end of the year 2022 and reach an estimation of nearly US$ 11.4 Billion by the year 2032. According to the reports conducted by Future Market Insights on the flow cytometry market, the reagents, consumables & accessories are leading the market by product, with a share of about 44.3% in the year 2021, within the global market.
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Global flow cytometry is expected to become even more vital in medicine
because of high-throughput quantitative analysis, developments in vivo flow
cytometry, and assessments of minimal residual diseases.
The demand for flow cytometry is anticipated to surge strong, offsetting
any industry margin compressions. The flow cytometry techniques offer
impressive diagnostic opportunities in the majority of oncologic and
hematologic diseases by providing multiple molecular and cellular knowledge
within an individual cell. The flow cytometry market comprises some specific
applications of the benchtop, specifically in hematology and oncology areas, in
addition to general limitations that have proved lucrative for the said
market.
The flow cytometry market share is expected to benefit from surging
healthcare spending and increased public awareness. Cell sorting,
immunophenotyping, intracellular calcium flux, and cell proliferation assays
are a few of the numerous applications of the FASCaliber flow cytometer. This
technique accounts for several benefits such as its user-friendliness, which
are further projected to boost its demand during the forecasted years. For all
the cytometry market participants, this method is increasingly used in clinical
studies and research which has opened up a variety of new growth prospects all
over the world.
Key Takeaways
- A rising number
of immunoassay techniques are rapidly being developed including the Accuri
flow cytometer attributed to the recombinant antibody technology.
Recombinant antibodies are extensively being used during the development
of more sophisticated panels that come with affordable flow cytometer
prices.
- By combining
the high specificity and affinity of monoclonal antibodies with
recombinant technology, monoclonal antibodies incorporate a stronger
ability to detect subtle antigenic alterations and small targets
comprising epitope variants, post-translational modifications, and
conformational changes.
- Furthermore,
nowadays it has become very common to change the flow cytometry region in
order to avoid clashes with several other antibodies within a flow
cytometry panel. By decreasing the high background which commonly takes
place when antibodies bind to Fc receptors, recombinant antibodies have
reduced the flow cytometry cost. As a result, varieties of market
opportunities are now being established by the introduction of recombinant
DNA technology for antibody production in flow cytometry.
- The development
of monoclonal antibodies, fluorescence, and laser technology has managed
to diversify by adding new options for developing the best flow cytometers
to investigate intracellular compartments for the determination of
cellular functionality. In addition to that, the expansion of business
over digital distribution channels has proven to be groundbreaking
development for several small flow cytometer manufacturers with a limited
and dispersed customer base.
Competitive Landscape
Several key companies in the flow cytometry production sphere are
witnessing fierce competition and the overall market is highly fragmented due
to the presence of local and regional players in the market. In order to expand
the consumer base and meet the demands of consumers, the prominent flow cytometry market players are implementing
methods such as acquisitions and mergers, collaborations and partnerships, and
new product launches.
Key Players Profiled in the Flow Cytometry Market Report
- Beckman
Coulter, Inc. (Danaher)
- Becton
Dickinson & Co.
- Life
Technologies Corporation (Thermo Fisher Scientific Inc.)
- Miltenyi
Biotech
- Luminex Corp.
- Merck KGaA
- bioMérieux SA
- Agilent
Technologies
- Bio-Rad
Laboratories
- Apogee Flow
Systems Ltd.
- Sysmex Partec
- Sony
Biotechnology
- Cytek®
Biosciences
- Sartorius AG
- Hamamatsu
Photonics K.K
- FURUKAWA
ELECTRIC CO., LTD.
- Accellix.
- Shenzhen
Mindray Bio-Medical Electronics Co., Ltd
Key Segments
By Product Type:
- Flow Cytometer
System
- Tradition Flow
Cytometer
- Cell Sorters
- Imaging Flow
Cytometers
- Acoustic
Focusing Cytometers
- Next
Generation Flow Cytometers
- Reagents,
Consumables & Accessories
- Software
- Services
By Application:
- Immunophenotyping
- Cell Sorting
- Cell Cycle
Analysis
- Apoptosis
- Cell
Proliferation Assays
- Intracellular
Calcium Flux
- Detection &
Sorting of Exosomes
- Others
By Usage:
- Research Use
- Clinical
Diagnostics
By End User:
- Hospitals
- Diagnostic
Laboratories
- Academic and
Research Institute
- Biopharmaceutical
Companies
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