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Surging Oncology Cases Fuel Growth In Cell Surface Marker Detection Market: Key Factor Driving The Growth In The Cell Surface Marker Detection Market
The Cell Surface Marker Detection Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Cell Surface Marker Detection Market Size During the Forecast Period?
In recent times, we've seen robust growth in the size of the cell surface marker detection market. Projected growth sees it rising from $5.91 billion in 2024 to $6.44 billion in 2025, maintaining a compound annual growth rate (CAGR) of 9.0%. The historical growth experienced in this market can be traced back to the proliferation of biomedical research, the evolution of high-content screening processes, a surge in chronic disease prevalence and the industry's shift towards immunotherapy.
The market for detecting cell surface markers is anticipated to experience swift expansion in the upcoming years, with the potential to reach a value of $9.9 billion in 2029, increasing at a compound annual growth rate (CAGR) of 11.3%. This growth over the forecast period is expected due to factors such as the broadening market in developing economies, growth in the biopharmaceutical industry, widespread adoption of single-cell analysis, increase in chronic and infectious diseases along with escalating funding for research in life sciences. Furthermore, prevalent trends during this period are anticipated to be advancements in the field of biotechnology, innovation in products, the technologicalnadevance in flow cytometry, and the increasing cases of chronic diseases.
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What Are the High-Growth Segments in the Cell Surface Marker Detection Market?
The cell surface marker detection market covered in this report is segmented -
1) By Product: Flow Cytometry, Hematology Analyzers, Reagents And Kits
2) By Application: Disease Diagnosis, Diseases Identification, Research For Drug Discovery, Cytological Academic Research
3) By End-Users: Pharmaceutical And Biotechnology Companies, Hospitals And Clinical Testing Laboratories, Academic And Research Institutes, Other End Users
Subsegments:
1) By Flow Cytometry: Benchtop Flow Cytometers, Portable Flow Cytometers, High-Throughput Flow Cytometers
2) By Hematology Analyzers: Automated Hematology Analyzers, Semi-Automated Hematology Analyzers, Point-Of-Care Hematology Analyzers
3) By Reagents And Kits: Antibodies And Conjugates, Staining Kits, Calibration And Control Kits
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What Key Drivers Are Expected to Influence Future Cell Surface Marker Detection Market Growth?
The growth of the cell surface marker detection market is likely to be driven by the escalating prevalence of cancer conditions. Cancer occurs when certain cells grow uncontrollably and invade other parts of the body. Factors such as the adoption of western lifestyles, poor eating habits, the regular intake of non-vegetarian food, exposure to chemical pollution, and inadequate exercise have all played a role in the global increase of cancer cases. The use of cell surface marker detection aids in gauging a patient's response to various cancer drugs at the point-of-care, leading to an increased demand. As an example, in October 2022, a forecast from Macmillan Cancer Support, a major UK-based healthcare charity, predicted that the number of people with cancer would rise from 3 million in 2020 to 3.5 million in 2025, 4 million in 2030, and 5.3 million in 2040. This underscores the role of higher cancer disease rates in fuelling the expansion of the cell surface marker detection market.
Which Companies Hold the Largest Share Across Different Cell Surface Marker Detection Market Segments?
Major companies operating in the cell surface marker detection market are 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, Abcam PLC, GenScript Biotech, BioLegend, Cell Signaling Technology Inc., Merck KGaA, Bio-Techne Corporation, Affymetrix, Danaher Corporation, Zymo Research Corporation, Miltenyi Biotec
What Trends Are Driving Growth in The Cell Surface Marker Detection Market?
Big players in the cell surface marker detection market are putting their resources into sophisticated technologies, including innovative fluorescent dyes and antibodies, to augment multicolour flow cytometry capabilities, thus bolstering the accuracy and effectiveness of immunological studies and diagnostics. Bio-Rad Laboratories, Inc., an American company specialising in the creation of unique technological items, increased its StarBright Violet Dye series, adding 29 well-tested antibodies linked to a range of StarBright Violet Dyes. This addition boosts the capacity to detect and examine multiple cell surface markers in human and animal trials through multicolour flow cytometry. In May 2024, for instance, the company unveiled three new StarBright Red Dyes - StarBright Red 715, 775, and 815, increasing their pre-existing set of fluorescent dyes up to 32 options across several lasers, purposely crafted for conventional and full-spectrum flow cytometry applications. Besides, compared to the conventional cyanine tandem dyes, these dyes display a minimal background interference and are sufficiently stable to be fixed in formalin or alcohol-based fixatives without losing signal quality.
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What Are the Emerging Geographies for The Cell Surface Marker Detection Market Growth?
North America was the largest region in the cell surface marker detection market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cell surface marker detection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Cell Surface Marker Detection Market?
2. What is the CAGR expected in the Cell Surface Marker Detection Market?
3. What Are the Key Innovations Transforming the Cell Surface Marker Detection Industry?
4. Which Region Is Leading the Cell Surface Marker Detection Market?
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