Press release
Flow Cytometry Market to reach USD 31.31 Bn by 2029, emerging at a CAGR of 8 percent and forecast (2023-2029)
The comprehensive report encompasses a detailed exploration of flow cytometry, a widely adopted technique for cell analysis and characterization. It elucidates its applications in distinguishing cell types, measuring cell size, and evaluating subpopulations. The report delves into the fluorescence-based analysis of cells using labeled antibodies and its increasing integration into cutting-edge fields like cytogenomics and proteomics.
The report is based on meticulous research methodologies, analyzing real-world data from key players and major global contributors. It takes into account trends from the past five years, incorporating the exceptional circumstances of 2022 due to the global lockdown impact.
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Flow Cytometry Market Dynamics
The market's growth is driven by factors such as the rising prevalence of HIV/AIDS and cancer, the adoption of flow cytometry in research and diagnostics, technological advancements, and the integration of AI into workflows. However, cost constraints related to flow cytometry devices remain a challenge.
Despite its benefits, the high cost of ownership, maintenance charges, and indirect expenses inhibit optimal usage, particularly in resource-constrained settings. The preference for alternative analysis techniques further limits demand for expensive flow cytometry equipment.
The report identifies growth opportunities in emerging markets like China, Japan, India, and South Korea, driven by research initiatives, growing healthcare infrastructures, and flexible regulatory policies. It also highlights challenges, including the need for innovative reagents and the complexities of developing efficient reagents.
Flow Cytometry Market Regional Insight
The report provides regional insights, highlighting North America's dominance with a 40% market share in 2022. The Asia-Pacific region is projected to experience substantial growth at a CAGR of 8% due to increasing R&D outsourcing, demand for advanced healthcare facilities, and rising cases of chronic diseases.
The report's goal is to provide key industry players with a thorough insight of the worldwide flow cytometry market. The research analyses complex data in plain terms and presents the historical and current state of the industry together with projected market size and trends. The report analyses important companies, including market leaders, followers, and new entries, in detail and covers all areas of the industry. The research includes a PORTER, PESTEL analysis with the probable impact of market micro-economic aspects.
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Flow Cytometry Market Segmentation
The report provides a thorough segment analysis based on components, technology, applications, and end-users. It outlines the growth potential of reagents and consumables due to their indispensability in flow cytometry analysis. Moreover, it delves into the growing demand for bead-based flow cytometry and the significance of cell-based analysis in diagnostics.
Due to its broad use in research applications, quicker analysis times, and capacity to analyse multiple samples at once, bead-based flow cytometry is predicted to advance in technology at the fastest rate. However, due to its widespread application in the diagnosis of numerous illnesses, including cancer and HIV, biomedical research, and its expanding use in monitoring the efficacy of pharmaceutical therapy, the cell-based flow cytometry category generates the highest revenue.
by Component
Instruments
Reagents and consumables
Software
Services
by Technology
Cell based flow cytometry
Bead based flow cytometry
by Application
Academic and clinical applications
Diagnostic applications
by End-User
Hospitals
Medical schools and clinical testing labs
Commercial organizations
Academic institutions
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Flow Cytometry Market Key Players
1. Agilent Technologies, Inc.
2. Becton Dickinson and Company
3. bioMérieux SA
4. Bio-Rad Laboratories, Inc.
5. Danaher Corporation
6. DiaSorin S.p.A.
7. Miltenyi Biotec, Inc.
8. Sartorius AG
9. Sysmex Corporation
10. Thermo Fisher Scientific Inc.
Table of content for the Flow Cytometry Market includes:
1. Global Flow Cytometry Market: Research Methodology
2. Global Flow Cytometry Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Flow Cytometry Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4.Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2023-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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