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Cell Surface Marker Detection Market Overview 2024-2033 - Share, Size, Insights, Forecast
Cell Surface Marker Detection Market Overview
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According to The Business Research Company's, The cell surface marker detection market size has grown strongly in recent years. It will grow from $5.52 billion in 2023 to $6.06 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to expansion in biomedical research, evolution of high-content screening, increased chronic disease prevalence, shift towards immunotherapy.
The cell surface marker detection market size is expected to see rapid growth in the next few years. It will grow to $8.95 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to market expansion in emerging economies, expanding biopharmaceutical sector, adoption of single-cell analysis, rise in chronic and infectious diseases, increasing funding for life sciences research. Major trends in the forecast period include advancements in biotechnology, product innovations , technological innovations in flow cytometry, rising prevalence of chronic diseases.
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Market Drivers and Trends:
The growing chronic diseases are expected to propel the growth of the cell surface marker detection market going forward. Chronic diseases are long-term medical conditions that generally progress slowly over time and persist for an extended duration, often for the rest of a person's life. Cell surface marker detection is used in chronic diseases to help diagnose, monitor, and treat the disease. It allows for a more targeted and personalized approach to patient care, improving the effectiveness of therapeutic interventions. For instance, in September 2022, according to the World Health Organization, a Switzerland-based specialized agency of the United Nations, there were 41 million deaths, which is 74% of those caused by non-communicable diseases (NCDs) or chronic diseases every year globally. There were 17.9 million deaths from cardiovascular diseases, 9.3 million deaths from cancer, 4.1 million deaths from chronic respiratory diseases, and 2.0 million deaths from diabetes. Therefore, the growing chronic diseases are driving the growth of the cell surface marker detection market.
Product innovation has emerged as the key trend gaining popularity in the cell surface marker detection market. Major companies operating in the cell surface marker detection market are focused on developing new products to meet customer demand and strengthen their market position. For instance, in June 2021, Bio Rad Laboratories Inc., a US-based provider of specialist technology products for the life science research and clinical diagnostics industries, announced three StarBright Dyes designed explicitly for flow cytometry. The fluorescent nanoparticles StarBright Blue 700, StarBright Violet 440, and StarBright Violet 610 are coupled to Bio-highly Rad's verified flow antibodies, delivering maximum brightness and increased resolution. The StarBright dyes are brighter than existing fluorescent dyes with comparable excitation and emission spectra, providing researchers with a new option for flow cytometry panels. The dyes' brightness and accurate excitation and emission patterns improve the resolution of rare populations and low-density antigens and allow easy integration into multiplex panels.
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Major Key Players of the Market:
Thermo Fisher Scientific Inc., Beckman Coulter Inc., Siemens Healthineers, Bio-Rad Laboratories Inc., F. Hoffmann-La Roche Ltd., Sartorius, Becton Dickinson and Company, BD Biosciences, Grifols SA, Applied Microarrays Inc., R&D Systems, Agilent Inc., Sigma-Aldrich, Qiagen NV, Sysmex Corporation, Nihon Kohden Corporation, Abnova Corporation, Diasorin SpA, Janssen Diagnostics, Biorad Laboratories, Abcam plc, GenScript Biotech, BioLegend, Cell Signaling Technology Inc., Merck KGaA, Bio-Techne Corporation, Affymetrix, Danaher Corporation, Zymo Research Corporation, Miltenyi Biotec
Cell Surface Marker Detection Market 2024 Key Insights:
• The cell surface marker detection market size is expected to see rapid growth in the next few years. It will grow to $8.95 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%.
• Surging Oncology Cases Fuel Growth In Cell Surface Marker Detection Market
• Bio Rad Laboratories Introduces Starbright Dyes For Enhanced Flow Cytometry In The Cell Surface Marker Detection Market
• North America was the largest region in the cell surface marker detection market in 2023
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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Contact Us:
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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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