Flow Cytometry Market Size
As per the report published by Market Data Forecast, the size of the global flow cytometry market is forecasted to worth USD 7030 million by 2025 from USD 4270 Million in 2020, registering a CAGR of 10.5% between 2020 to 2025.
Key Market Drivers:
Growing incidences of various rare diseases such as HIV and others is a major factor for the market to grow enormously. The rapid adoption of advanced technologies and the increasing launch of new products in favor of the end-user are greatly influencing the growth rate of the flow cytometry market. Government initiatives in creating awareness over the use of this technology are enhancing the demand of the market. On-going research and development activities in pharmaceutical companies are also likely to bolster the growth rate of the market. In addition, the increasing scale of diagnostic centers and laboratories is also elevating the demand of the market. Focus on the development of new drugs with the latest technology is greatly influencing the growth rate of the market. The rise in the demand for stem cell research activities is ascribed to fuel the demand of the market.
Browse TOC and other details of the global flow cytometry market research report that spread through 160 pages @ https://www.marketdataforecast.com/market-reports/global-flow-cytometry-market
Significant Challenges:
However, reluctance to adopt the latest technology in some areas is slowly hindering the growth rate of the market. Also, the high cost for the maintenance and installation of the devices is restraining the growth rate of the market.
COVID-19 Impact on global eHealth market:
COVID 19 outbreak has shown a positive impact on the flow cytometry market. According to the recent survey, patients with coronavirus also suffered from various chronic diseases. This has led to the demand of the market to the extent during these times. Also, flow cytometry helps in the detection of the coronavirus through the cells. It is also expected that the market shares to have a significant growth rate by 2021.
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This market research report on the global flow cytometry market has been segmented and sub-segmented based on technology, product, application, end-user, and region.
By Technology:
- Cell-based
- Bead-based
By Product:
- Reagents & Consumables
- Flow Cytometry Instruments
By Application:
- Research
- Clinical
- Industrial
By End-users:
- Commercial Organizations
- Research Institutes
- Clinical Testing Labs
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- The Middle East and Africa
North America is holding with the dominant shares of the market owing to a rise in the R & D activities. The introduction of reimbursement policies and the rising prevalence of infectious diseases are propelling the demand of the market. Flow cytometry is very efficient in providing information about the cells is gaining traction over the growth rate of the market. The increasing scale of hospitals and diagnostic centers is also elevating the demand of the market.
Europe is following North America in leading the dominant shares of the market. Growing awareness through digital advertisements is fuelling the demand for the market. In addition, constant economic growth is leveraging the demand for the flow cytometry market. Prevalence for the early detection of the diseases is solely leveling up the growth rate of the market. Growing applications of flow cytometry systems in cytogenetics, proteomics, and marine cell biology are additionally anticipated to prompt the growth rate of the market.
Asia pacific is presenting the highest growth rate from the past few years and is also estimated to hit the highest CAGR in the near future. The growing geriatric population and increasing disposable income in urban areas are solely propelling the demand of the market. Technological advancements and owing to launch new products in the healthcare sector are also quietly to bolster the growth rate of the market.
NOTABLE COMPANIES IN THIS MARKET
Becton, Dickinson and Company., Beckman Coulter, Inc., Thermo Fisher Scientific, Inc., Merck KGaA, Sysmex Partec GmbH, Luminex Corporation, Miltenyi Biotec GmbH, Bio-Rad Laboratories, Inc., Sony Biotechnology, Life Technologies Corporation Inc., EMD Millipore Corporation, Miltenyi Biotec, Agilent Technologies, Inc. and Affymetix Inc. are some of the noteworthy companies operating in the global flow cytometry market.
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List of Tables and Figures of the report:
- Global Flow Cytometry Market By Region, From 2020 to 2025
- Global Flow Cytometry Market By Technology, From 2020 to 2025
- Global Cell-based Market By Region, From 2020 to 2025
- Global Bead-based Market By Region, From 2020 to 2025
- Global Flow Cytometry Market By Product, From 2020 to 2025
- Global Reagents & Consumables Market By Region, From 2020 to 2025
- Global Flow Cytometry Instruments Market By Region, From 2020 to 2025
- Global Flow Cytometry Market By Application, From 2020 to 2025
- Global Research Applications Market By Region, From 2020 to 2025
- Global Clinical Applications Market By Region, From 2020 to 2025
- Global Industrial Applications Market By Region, From 2020 to 2025
- Global Flow Cytometry Market By End-users, From 2020 to 2025
- Global Commercial Organizations Market By Region, From 2020 to 2025
- Global Hospitals Market By Region, From 2020 to 2025
- Global Academic Institutions & Medical Schools Market By Region, From 2020 to 2025
- Global Clinical Testing Labs Market By Region, From 2020 to 2025
- Global Research Institutes Market By Region, From 2020 to 2025
- Global Flow Cytometry Instruments Market By Flow Cytometry Instruments, From 2020 to 2025
- Global Cell Analyzers Market By Region, From 2020 to 2025
- Global Cell Sorters Market By Region, From 2020 to 2025
- Global Research Applications Market By Research Applications, From 2020 to 2025
- Global Pharmaceutical & Biotechnology Market By Region, From 2020 to 2025
- Global Immunology Market By Region, From 2020 to 2025
- Global Apoptosis Market By Region, From 2020 to 2025
- Global Cell Cycle Analysis Market By Region, From 2020 to 2025
- Global Cell Sorting Market By Region, From 2020 to 2025
- Global Cell Viability Market By Region, From 2020 to 2025
- Global Clinical Applications Market By Clinical Applications, From 2020 to 2025
- Global Cancer Market By Region, From 2020 to 2025
- Global Immunodeficiency Diseases Market By Region, From 2020 to 2025
- Global Hematology Market By Region, From 2020 to 2025
- Global Organ Transplantation Market By Region, From 2020 to 2025
- Global Other Clinical Applications Market By Region, From 2020 to 2025
- 150+ More
Browse Regional Reports:
- North America Flow Cytometry Market
- Europe Flow Cytometry Market
- Asia Pacific Flow Cytometry Market
- Latin America Flow Cytometry Market
- Middle East and Africa Flow Cytometry Market
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