
The global Flow Cytometry Market is expected to enjoy a lucrative growth opportunity with an expanded CAGR of 7.4% from 2022 to 2032. The global market is anticipated to reach a valuation of US$ 5.6 Billion by the end of the year 2022 and reach an estimation of nearly US$ 11.4 Billion by the year 2032. According to the reports conducted by Future Market Insights on the flow cytometry market, the reagents, consumables & accessories are leading the market by product, with a share of about 44.3% in the year 2021, within the global market. Global flow cytometry is expected to become even more vital in medicine because of high-throughput quantitative analysis, developments in vivo flow cytometry, and assessments of minimal residual diseases.
The demand for flow cytometry is anticipated to surge strong, offsetting any industry margin compressions. The flow cytometry techniques offer impressive diagnostic opportunities in the majority of oncologic and hematologic diseases by providing multiple molecular and cellular knowledge within an individual cell. The flow cytometry market comprises some specific applications of the benchtop, specifically in hematology and oncology areas, in addition to general limitations that have proved lucrative for the said market.
The flow cytometry market share is expected to benefit from surging healthcare spending and increased public awareness. Cell sorting, immunophenotyping, intracellular calcium flux, and cell proliferation assays are a few of the numerous applications of the FASCaliber flow cytometer. This technique accounts for several benefits such as its user-friendliness, which are further projected to boost its demand during the forecasted years. For all the cytometry market participants, this method is increasingly used in clinical studies and research which has opened up a variety of new growth prospects all over the world.
Competitive Landscape
Several key companies in the flow cytometry production sphere are witnessing fierce competition and the overall market is highly fragmented due to the presence of local and regional players in the market. In order to expand the consumer base and meet the demands of consumers, the prominent flow cytometry market players are implementing methods such as acquisitions and mergers, collaborations and partnerships, and new product launches.
Key Segments
By Product Type:
- Flow Cytometer System
- Tradition Flow Cytometer
- Cell Sorters
- Imaging Flow Cytometers
- Acoustic Focusing Cytometers
- Next Generation Flow Cytometers
- Reagents, Consumables & Accessories
- Software
- Services
By Application:
- Immunophenotyping
- Cell Sorting
- Cell Cycle Analysis
- Apoptosis
- Cell Proliferation Assays
- Intracellular Calcium Flux
- Detection & Sorting of Exosomes
- Others
By Usage:
- Research Use
- Clinical Diagnostics
By End User:
- Hospitals
- Diagnostic Laboratories
- Academic and Research Institute
- Biopharmaceutical Companies
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