Flow Cytometry Market Growth and Major key players operating in the market are Beckman Coulter, Becton, Dickinson and Company, Thermo Fisher Scientific, Merck, Luminex Corporation, Sysmex Partec, Bio-Rad Laboratories, Miltenyi Biotec and Sony Biotechnolog

Precision Business Insights published a research report on "Global Flow Cytometry Market: By Technology (Bead Based, Cell Based) By Products (Software, Instrument, Services, Accessories), By Applications (Research and Development, Industrial, Clinical Trials and Clinical Practice, Diagnosis), By end user (Hospitals, Clinical Testing Labs, Commercial Organizations, Academic Institutes) and Geography- Global/Region/Country Forecast to 2027", The Global Flow Cytometry Market was valued at USD 4.3 billion in the year 2020 and is anticipated to grow at USD 7.27 billion till 2027 witnessing a CAGR of 7.8.% during the forecast period 2021-2027.

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on " Global Flow Cytometry Market By Technology (Bead Based, Cell Based) By Products (Software, Instrument, Services, Accessories), By Applications (Research and Development, Industrial, Clinical Trials and Clinical Practice, Diagnosis), By end user (Hospitals, Clinical Testing Labs, Commercial Organizations, Academic Institutes) and Geography- Global/Region/Country Forecast to 2027".

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Growing adoption of Flow Cytometry Methods for Research Purpose Fuelling the flow Cytometry Market Growth

Chemical as well as physical attributes of particles in a fluid is analyzed with the use of flow cytometry by passing through lasers. There is growing demand from healthcare sector for flow cytometry as it is greatly used for the diagnosis of blood cancers, clinical practice and clinical trials. An important factor anticipated to enhance the demand of flow cytometry in diagnosis is increasing cases of cancer and infectious illnesses. Moreover, there are a few more factors that are projected to accelerate the flow cytometry market growth such as increasing preference for allogeneic stem cell therapy by different physicians and growing demand for point of care testing for identifying chronic disease. Furthermore, novel technology developments, and increase in R&D investments will accelerate the flow cytometry market growth. In addition, innovative technologies, growing product extensions and novel applications of the services and products are the factors which will greatly intensify the flow cytometry market.

On the other hand, high cost of tests and dearth of awareness are the major restraining factors of flow cytometry market growth. It becomes difficult for the new key players to enter into the market because of the dearth of appropriate distribution network. But, key players are concentrating more on acquisitions, new product launchings, mergers and collaborations to retain their place in the global flow cytometry market. For instance, BD Life Sciences and Seegene Inc. made an entry into market in 2015 into a collaboration to develop multiplex real time PCE reagents for BD max system.

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Impact of COVID-19 Flow Cytometry Market:

In addition, the report discusses the implications of COVID-19, including the industry's initial response and strategies for ensuring business continuity in the coming years.

North America to Dominate the Global Flow Cytometry Market during forecast period

North America is dominating the market followed by Europe due to the presence of huge number of capable experts, favored government policies for developing advanced technologies in molecular diagnostics and huge adoption of inventive technologies. Flow cytometry market in Asia pacific is anticipated to witness considerable growth rate because of increasing awareness about health amid people, increase in government fund and initiatives and presence of numerous unmet needs.

Competitive Analysis:

There are a number of major industry players operating in Global Flow Cytometry Market, which include Beckman Coulter, Inc. (U.S.), Becton, Dickinson and Company (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Merck & Co., Inc. (U.S.), Luminex Corporation (U.S.), Sysmex Partec GmbH (Germany), Bio-Rad Laboratories, Inc. (U.S.), Miltenyi Biotec GmbH (Germany) and Sony Biotechnology (U.S.).

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