Flow Cytometry Market, by Technology (Cell-based and Bead-based), by Product Type (Analyzer, Sorter, and Reagent & Consumables), by Application (Research, Clinical, and Industrial), by End User (Hospital, Clinical Testing Laboratories, and Research Laboratories), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027
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The need for disease diagnostics and improvements in flow cytometry technology is expected to propel the global flow cytometry market growth during the forecast period. To tap into growing markets, manufacturers are concentrating on technological improvements in flow cytometry. For instance, the U.S. Food and Drug Administration (FDA) granted Beckman Coulter Life Sciences 510(k) clearance in August 2017 for the Navios EX flow cytometer, their newest clinical flow cytometry product, to use in clinical labs in the U.S. Moreover, as part of its initiative to deliver cutting-edge clinical laboratory products, Sysmex America, Inc. developed CyFlow Antibodies, a complete range of Analyte Specific Reagent (ASR) antibodies to be used in applications of flow cytometry, in October 2017.
Furthermore, key players are concentrating on product offerings in order to expand their product portfolios and expand their position in the market. For instance, Becton, Dickinson, and Company released the 10.6 version of their FlowJo software for data analysis of flow cytometry in June 2019, which can be combined with BD FACSDiva to improve its ability to analyze numerous flow cytometry runs as well as compare the data in one view.
The global flow cytometry market in 2018 was worth US$ 3,886.1 million and it is expected to witness a 10.2% CAGR during the forecast period of 2019 – 2027
New product releases by major companies is expected to propel the global flow cytometry market during the forecast period
During the forecast period, key players are concentrating their efforts on new product releases, and it is expected to propel the global flow cytometry market growth. For instance, Cytek Biosciences Inc., manufacturer, and distributor of flow cytometry products as well as services introduced the DxP Athena flow cytometry system in March 2017. This system is a small, powerful, and simple-to-use cell analyzer which is usually found in more expensive traditional instruments. Because of its small size, the DxP Athena provides the advantages of flow cytometry more accessible to a larger community of researchers. Moreover, Merck KGaA also introduced its latest Cell Stream benchtop flow cytometry system in April 2018, which is a compact, personalized flow cytometer which uses the camera to detect the specimen. It’s a one-of-a-kind optic system, and its design allows researchers to analyze cellular and submicron particles with remarkable sensitivity and versatility. This launch benefited the company in expanding its flow cytometer product line.
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Due to the region’s vast healthcare industry, North America is expected to account for the largest share in the global flow cytometry market. Major players are focusing on releasing novel products in the region to maintain their market position. For instance, Beckman Coulter, Inc. (US) released their first-ever flow cytometry CytoFLEX LX for cancer researchers in September 2017, it comprises a visible spectrum in the typical configuration. The launch contributed to the expansion of the company’s flow cytometry business.
Furthermore, due to product releases in the European market, during the forecast period, Europe is expected to account for the second-largest share in the global flow cytometry market. For instance, Miltenyi Biotec GmbH (Germany) released the MACSQuant X, an entirely automated with high throughput flow cytometry system that can process 384-well plates in just less than 1 hour and provides users with quick, reliable, and consistent results. The company’s flow cytometry product range has been increased with the release of these products.
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Furthermore, due to an increase in cancer cases in the region, Asia Pacific is expected to see massive market growth. According to the World Health Organization (WHO), in the Asia Pacific region, there have been 3.9 million prevalent cancer cases and 2 million new cases of cancer recorded annually in 2018.
Some of the key players contributing to the global flow cytometry market are Agilent Technologies, Inc., General Electric Co., Sysmex Corp., Thermo Fisher Scientific, Merck & Co Inc., Luminex Corp., Miltenyi Biotec GmbH, Danaher Corp., Becton Dickinson and Company, and Bio-Rad Laboratories, Inc.
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Technology
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Key Highlights
- Merger & Acquisitions
- Product Launch
- Regulatory Scenario
- Pest Analysis
- Market Dynamics
- Global Flow Cytometry Market, By Technology, 2016 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Cell Based
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Bead Based
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- Global Flow Cytometry Market, By Product Type, 2016 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Analyzer
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Sorter
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Reagent & Consumables
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- Global Flow Cytometry Market, By Application, 2016 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Research
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Clinical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Industrial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- Global Flow Cytometry Market, By End User, 2016 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Clinical Testing Laboratories
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Research Laboratories
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- Global Flow Cytometry Market, By Region, 2016 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, By Region, 2016 and 2026 (%)
- Y-o-Y Growth Analysis, For Regions, 2017–2026
- North America
- Market Size and Forecast, By Technology, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- U.S.
- Canada
- Latin America
- Market Size and Forecast, By Technology, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Market Size and Forecast, By Technology, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Technology, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Market Size and Forecast, By Technology, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast, By Technology, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country/Region, 2016 – 2027, (US$ Mn)
- South Africa
- Central Africa
- North Africa
- Introduction
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