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Middle East and Africa Flow Cytometry Market Expected to reach a valuation USD 89.80 million by 2029
Middle East and Africa Flow Cytometry Market
Middle East and Africa flow cytometry market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.8% in the forecast period of 2022 to 2029 and is expected to reach USD 89.80 million by 2029 from USD 53.58 million in 2021.
Middle East and Africa flow cytometry market is driven by the factors such as the increasing prevalence of chronic diseases, growing demand for new technologies in the flow cytometry market, which enhances its demand, as well as increasing investment in research and development, which leads to market growth. Currently, healthcare expenditure has increased across developed and emerging countries, which are expected to create a competitive advantage for manufacturers to develop new and innovative flow cytometry markets.
forecast period.
Middle East and Africa Flow Cytometry Market document generally comprises of an absolute and distinct analysis of the market drivers and restraints, major market players involved in this industry, analysis of the market segmentation, and competitive analysis of the key players. The report also endows with evaluations based on the market type, organization size, availability on-premises, end-users' organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. The moves or actions of major market players and brands are analysed in the Middle East and Africa Flow Cytometry Market research report that range from product developments, products launches, acquisitions, mergers, joint ventures, and future products to technologies.
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REPORT METRIC DETAILS
Forecast Period 2022 to 2029
Base Year 2021
Historic Years 2020 (Customizable to 2019 to 2014)
Quantitative Units Revenue in USD Million, Pricing in USD
Segments Covered By Product (Flow Cytometry Instruments, Reagents and Consumables, Software, Accessories and Services), Technology (Cell-Based Flow Cytometry and Bead-Based Flow Cytometry), Application (Research Applications, Clinical Applications and Industrial Applications), End User (Academic & Research Institutes, Hospitals, Pharmaceutical & Biotechnology Companies, Clinical Testing Laboratories, Blood Bank and Others), Distribution Channel (Direct Tenders and Retail Sales)
Countries Covered South Africa, U.A.E, Saudi Arabia, Egypt and Rest of Middle East and Africa
Market Players Covered Thermo Fisher Scientific Inc., BD, Luminex Corporation (now subsidiary of DiaSorin S.p.A.), Bio-Rad Laboratories, Inc., Sysmex Corporation, Beckman Coulter, Inc. (A subsidiary of Danaher Corporation), bioMérieux SA, Merck KGaA, Enzo Biochem Inc., Takara Bio Inc., Sartorius AG, Q2 Solutions (a Subsidiary of IQVIA), Elabscience Biotechnology Inc., ORFLO Technologies, among others
Middle East and Africa Flow Cytometry Market Dynamics
Drivers
• Rising prevalence of chronic diseases
These increasing prevalence and incidences of chronic diseases are likely to drive market growth by focusing on cytometry devices. The increasing incidences of diseases lead to an increase in the Middle East and Africa market as many companies are investing in research and development. This resulted in the enormous lead in demand for advancements to diagnose the disease through quick and accurate techniques.
For instance,
• In January 2021, according to a World Health Organization report, cancer became the major cause of death in 2020, with 10 million in approximation, where often cases were of breast cancer (2.26 million), lung (2.21 million), colon and (1.93 million); prostate (1.41 million), skin (1.20 million) and stomach (1.09 million)
Therefore, this is raising the demand for the Middle East and Africa flow cytometry market.
• Increasing application of cytometry instruments
Technological developments in cytometry instruments are rising by combining several new techniques to provide high resolution and sensitivity to quantify new entities of cells.
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The immunophenotypic analysis is important not only for the initial diagnosis and categorization of acute leukemia, chronic lymphoproliferative disorders, and malignant lymphomas but also for their treatment. Flow cytometry can be used as a sensitive assay to track patients' improvement after chemotherapy or transplantation and detect minimal residual illness (MRD).
For instance,
• In January 2022, Becton, Dickinson and Company, a Middle East and Africa medical technology company, announced that a study conducted in collaboration with the European Molecular Biology Laboratory (EMBL) and published the new BD innovation in flow cytometry that adds fluorescence imaging and image-based deaccessioning to sort individual cells at exceptionally high speed, based on the visual details of each cell rather than the type or quantity of biomarkers present. The novel method has the potential to revolutionize immunology, cell biology, and genomics research, as well as enable the development of new cell-based therapeutics
The high quality Middle East and Africa Flow Cytometry Market report consists of all the company profiles of the major players and brands in the market place. In addition, the report also brings into focus the new highs that will be made by the Healthcare industry in the forecast period 2021 - 2028. With the market insights provided in the report it becomes easy to gain a more precise understanding of the market landscape, issues that may takes place for the Healthcare industry in the future, and how to position specific brands in the best possible manner. Middle East and Africa Flow Cytometry Market is a promising, client-centric, and reliable market research report which accomplishes client's business needs.
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Major TOC of the Report
1 INTRODUCTION
2 MARKET SEGMENTATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
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