Flow Cytometer Reagents Market is expecting a hike of CAGR at ~12.0% | Top key Players - Biocompare, Bio-Rad Laboratories Inc., Miltenyi Biotec etc.

Flow cytometer reagents are used for regulating, maintaining, authenticating and conducting or assisting the experiments. Thus, flow cytometer reagents are essential for the normal and adequate working of the instrument. Standardization reagents are used for authenticating that the instrument records the values dependability with the actual or real concentration or number of cells. These are proprietary and comprehend particle concentration in a narrow range. The buffers are used to preserve the pH of the solutions used in flow cytometry. Specific reagents are used to bind selectively to the sample particles so as to ease detectability.
The Global Flow Cytometer Reagents Market is expected to reach US$ 8.88 billion by 2023, and the market is projected to grow at a CAGR of ~ 12.0 % during the forecast period 2017-2023.
The flow cytometer reagents market is growing at a faster rate due to increasing use of flow cytometry in biotechnological and pharmaceutical industries, the introduction of new reagents for explicit applications like drug discovery and diagnostics, growing incidence of infectious diseases, development of user-friendly & software. The market restraints for flow cytometer are the high cost of the flow cytometer reagents because of the patented nature of most reagents and the lack of clearness in the market.
An adjacent look at the flow cytometer reagents market discloses that product development is the most eye-catching strategy which has been abused by many market players. The high profits on investment and profit margin on the flow cytometer reagents market has led to the growth of the market with many large organisations entering into the market.
The growing acceptance of flow cytometry systems in research activities particularly in drug development has directed to the growth of the market for flow cytometer reagents. Another significant driver for this market is, the increasing edition and automation of flow cytometer in diagnostics particularly infectious diseases

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Key Players in the Global Flow cytometer reagents Market
Some of key players profiled in the report are
• Biocompare,
• Bio-Rad Laboratories Inc.,
• Miltenyi Biotec,
• BioLegend Inc.,
• Becton,
• Dickinson and Company,
• Beckman Coulter Inc.,
• Merck KGaA,
• ImmunoReagents Inc.,
• Thermo Fisher Scientific

Global Flow Cytometer Reagents Market - Regional Analysis
On the basis of region, global flexible flow cytometer reagents market is divided into North America, Europe, Asia Pacific, and the Middle East & Africa. North America leads the global market for flexible flow cytometer reagents which is led by the U.S. The major reasons for the control of U.S market is the high per capita income, faster uptake of new technology, better compensation than other countries globally. The existence of large technology companies and the developing ecology of the United States is also an essential driver of the market. However, the cumulative stringency for class III devices in the United States combined with rising time for authorization of new devices with class III status is a threat to the future flow cytometer market.
Europe holds the second the largest market share with respect to global flow cytometer reagents market. The European region has a highly developed healthcare system along with a high per capita disposable income. Europe is estimated to be led by Germany and France. Germany is the largest market in Europe owing to a large manufacturing base for medical devices in the region.

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Furthermore the emerging regions such as Asia Pacific, which is led by China and India is growing faster. China with its massive population and increasing per capita income has the perspective to be a desirable market in future. However, the high cost of treatment together with the deprived infrastructure may restrain the flow cytometer market. The market in Asia Pacific is driven by nations such as Japan, India, and China. The Japanese Flow Cytometer Reagents market is very profitable because of its high income and the larger than normal proportion of older people.
The Middle East and Africa Flow Cytometer Reagents market are projected to be led by GCC countries such as Saudi Arabia and UAE among others, due to the latest developments of a large percentage of healthcare expenditure which accounts to 75% of overall healthcare expenditure. The expansion of large hospitals such as King Fahd hospital in Riyadh will develop the market of the Gulf countries for flow cytometers. The healthcare and hospital up gradation assumed by the government of the Gulf countries and some African nations will drive the future market for flow cytometers in these regions.
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