Published on 29 Nov 2019:

Meticulous Research® – leading global market research company published a research report titled “Flow Cytometry Market by Product (Cell Analyzers, Cell Sorter, Software, Reagents), Technology (Cell Based, Bead Based), Application (Drug Discovery, Stem Cell Research, Cancer, Organ Transplant, Commercial) and by End-user - Global Forecast to 2027”.

According to this latest publication from Meticulous Research®, the global flow cytometry market is expected to grow at a CAGR of around 6.5% between 2019-2027 to exceed to $4.1 billion by 2027. The high growth of flow cytometry market is mainly attributed to the rising global incidence and prevalence of chronic diseases, increasing adoption of flow cytometry techniques in research and academia, and growing initiatives in the field of immunology and immuno-oncology researches. Evolving pipeline for stem cell research and adoption of recombinant DNA technology for antibody production offer significant growth opportunities for the players operating in this market.

Key Market Segments to Watch

The global flow cytometry market study presents historical market data in terms of values (2017 and 2018), estimated current data (2019), and forecasts for 2027 - by Product & Solution (Consumables, Systems, Software, Service), by Technology (Cell & Bead Based), by Application (Research, Clinical, Industrial), End-user (Academic & Research Institute, Hospitals & Clinical Testing Labs, Pharmaceutical and Biotechnology Companies) - Forecast to 2027. The study also evaluates industry competitors and analyzes the market at regional and country level.

On the basis of technology, bead-based flow cytometry segment is expected to grow at the highest CAGR during the forecast period owing to procedural advantages offered by this technology over other cell-based technology (such as ELISA and western blot), including its capacity to detect multiple analytes, high reproducibility, stability, and speed.

On the basis of product, the reagents and consumables segment accounted for the largest share of the global flow cytometry market in 2018. Perpetual requirement of of high-quality application-specific reagents and assays by end users is supporting the growth of this segment.

This research report analyzes major geographies and provides comprehensive analysis for North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (Japan, China, India, and RoAPAC), Latin America, and Middle East & Africa. North America commanded the largest share of the global flow cytometry market in 2018, followed by Europe and Asia Pacific. Availability of skilled professionals, higher awareness level, and supportive government reforms for the development of advanced technologies are accelerating the flow cytometry market in the North American region. On the other hand, Asia Pacific region is expected to grow at the highest CAGR during the forecast period due to increasing participation by China, India, Japan, and South Korea in flow cytometry-based research and increasing public-private initiatives undertaken to advance the research practices in this region.

Check complete table of contents with list of table and figures:

Key Players:

Some of the key players operating in the global flow cytometry market are Agilent Technologies, Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), Apogee Flow Systems Ltd. (U.K.), Merck KGaA (Germany), Sysmex Partec GmbH (Germany), Luminex Corporation (U.S.), Miltenyi Biotec GmbH (Germany), Bio-Rad Laboratories, Inc. (U.S.), bioMérieux S.A. (France), Cytonome/ST LLC (U.S.), Beckman Coulter, Inc. (U.S.), and Becton, Dickinson and Company (U.S.).

Key questions answered in the report-

  • Which are the high growth market segments in terms of product & services, technology, application, end-users, and region/countries?
  • What was the historical market for flow cytometry across the globe?
  • What are the market forecasts and estimates for the period 2019-2027?
  • What are the major drivers, restraints, opportunities, and challenges in the global flow cytometry market?
  • Who are the major players in the flow cytometry market?
  • How is the competitive landscape and who are the market leaders in the global flow cytometry market?
  • What are the recent developments in the global flow cytometry market?
  • What are the different strategies adopted by the major players in the global flow cytometry market?
  • What are the geographical trends and high growth regions/ countries?

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