The global flow cytometry market size is expected to reach
USD 8.92 billion by 2026 registering a CAGR of 10.6%, according to a new report
by Grand View Research, Inc. Increasing incidence of infectious diseases and
cancer is expected to upsurge the demand for flow cytometers for disease
diagnosis. In addition, rising usage of autologous and allogenic stem cell
therapy by physicians, due to adverse effects of radiation and chemotherapy in
the treatment of cancer, will also drive the market.
High demand for Point-of-Care (PoC)
testing in chronic disease management is also expected to fuel the demand for
cytometry techniques. Increasing R&D initiatives by key companies for the
development of multicolor assays and advanced reagents for analysis are
anticipated to boost the demand further. Furthermore, technological
advancements, in terms of enhanced accuracy, portability, and
cost-effectiveness, are expected to offer lucrative growth opportunities for
the market.
Small-size high-throughput cytometers
are expected to gain popularity over the coming years as they are
cost-effective and easy to use. Furthermore, improvement in fluorescent dyes
and introduction of bench top cytometers are the other growth propellers. For
instance, multicolor flow cytometry coupled with multiple lasers is the
fastest-growing application segment, which finds extensive applications in the
field of R&D innovations in new drug development and is adopted by many
Contract Research Organizations (CRO).
Browse full research report on Flow Cytometry Market: https://www.grandviewresearch.com/industry-analysis/flow-cytometry-market
Further key findings from the study suggest:
- Bead-based
flow cytometry is anticipated to witness the highest CAGR over the
forecast period owing to increasing advancements in molecular engineering
and monoclonal antibody production
- Reagent
& consumable is anticipated to be the fastest-growing product &
services segment from 2019 to 2026 due to extensive utilization in
molecular diagnostics
- Commercial
organizations segment held the largest revenue share due to large-scale
production of proteins, cell line development, and other biologicals
coupled with high demand for cell sorting and analysis techniques
- Asia
Pacific regional is presumed to witness the fastest CAGR from 2019 to 2025
owing to supportive government initiatives for the development of biotech
industry and growing awareness about the applications of flow cytometers
- Multinational
companies are collaborating with local diagnostic companies and healthcare
institutions in developing countries to strengthen their position in the
global flow cytometry market
Browse
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/flow-cytometry-market/request/rs1
Grand View Research has segmented the global flow cytometry market
on the basis of the technology, product & services, application, end use,
and region:
Flow Cytometry Technology Outlook (Revenue, USD Million, 2014 -
2026)
- Cell-based
- Bead-based
Flow Cytometry Product & Services Outlook (Revenue, USD
Million, 2014 - 2026)
- Instruments
- Reagent
& Consumables
- Software
- Accessories
- Services
Flow Cytometry Application Outlook (Revenue, USD Million, 2014 -
2026)
- Research
- Pharmaceutical
- Drug
Discovery
- Stem
Cells
- In
Vitro Toxicity
- Apoptosis
- Cell
Sorting
- Cell
Cycle Analysis
- Immunology
- Cell
Viability
- Industrial
- Clinical
- Cancer
- Organ
Transplantation
- Immunodeficiency
- Hematology
Flow Cytometry End Use Outlook (Revenue, USD Million, 2014 - 2026)
- Commercial
Organizations
- Hospitals
- Academic
Institutes
- Clinical
Testing Labs
Flow Cytometry Regional Outlook (Revenue, USD Million, 2014 -
2026)
- North
America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Asia
Pacific
- Japan
- China
- India
- Australia
- South
Korea
- Singapore
- Latin
America
- Brazil
- Mexico
- Argentina
- MEA
- South
Africa
- Saudi
Arabia
- UAE
- Turkey
- Iran
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For
more info visit @ https://www.grandviewresearch.com
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