Flow cytometry is a well-known method for identifying cells in solution, and it is most commonly used to examine peripheral blood, bone marrow, and other body fluids. Flow cytometry is used to identify and quantify immune cells, as well as to characterize haematological tumours. Increasing global incidence and prevalence of HIV/AIDS and cancer, increasing adoption of flow cytometry techniques in research and academia, expanding public-private initiatives in the fields of immunology and immuno-oncology research, technological advancements, and the increasing incorporation of AI platforms in flow cytometry workflows, and advancements in flow cytometry software are driving the flow cytometry markets growth. Flow cytometry has emerged as a critical tool for drug discovery and development safety and exploratory purposes. This tool is used throughout the research process, from pre-clinical trials to target identification and screening.
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Flow cytometry can analyze a large number of particles in a short amount of time and provide statistically reliable information about cell populations. These capabilities, combined with its multi-parametric approach, make flow cytometry more suitable for use in drug discovery and development processes in the pharmaceutical and biopharmaceutical industries. Furthermore, biomarker research has become an essential component of drug discovery and development. It provides valuable evidence to guide clinical decisions, evaluates drug pharmacodynamics, and assists with drug filings with regulatory bodies. This also boosts a drugs market value and accelerates the development process. Flow cytometry is widely used in biomarker research to monitor cell population development and differentiation, assess target engagement and biomarker expression in cells, and evaluate cell functions and signaling events. Furthermore, biomarker research has become an essential component of drug discovery and development. It provides valuable evidence to guide clinical decisions, evaluates drug pharmacodynamics, and assists with drug filings with regulatory bodies.
Read market research report, Global Flow Cytometry Market Segmented By Product (Instruments (Cell Analyzers, Cell Sorters), Reagents & Consumables, Software, Accessories, Services) By Technology (Cell-based, Bead-based) By Application (Research (Pharmaceutical (Drug Discovery, Stem Cell, In Vitro Toxicity), Apoptosis, Cell Sorting, Cell Cycle Analysis, Immunology, Cell Viability), Industrial, Clinical (Cancer, Organ Transplantation, Immunodeficiency, Hematology), By End-use (Commercial Organizations, Hospitals, Academic Institutes, Clinical Testing Labs) & By Region Forecast And Analysis 2021-2027 by SkyQuest
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Developing a novel effective reagent is a complex process that includes a variety of challenges such as variations in fluorochrome brightness and marker expression levels, issues with the stability of some fluorochromes, and optical background issues (due to significant emission spill over from non-primary fluorescent reagents) (Source: Becton, Dickinson, and Company White Paper). Provided this, it is reasonable to conclude that one of the major challenges that manufacturers face in the flow cytometry reagents market is the development of reagents (that have multicolour capabilities and provide high speed, sensitivity, and ease of use in flow cytometry processes).Maintenance costs and a variety of other indirect expenses increase the total cost of ownership of these instruments. As a result, high product installation costs and other related expenses impede optimal adoption of flow cytometry instruments in clinical and research applications, particularly in developing countries. Moreover, flow cytometry instruments are equipped with advanced features and functionalities, making them expensive. Countries such as China, Japan, India, and South Korea provide significant growth opportunities for major players in the global flow cytometry market. These opportunities for growth can be attributed to increased research initiatives across key countries, low regulatory barriers, continuous improvements in healthcare infrastructures, a growing patient population, rising healthcare expenditures, and the strengthening distribution networks of market leaders in these regions. To leverage on the growth opportunities in these countries, players in the flow cytometry market are increasingly focused on expanding their regional product offerings and enhancing their presence in emerging markets through various growth strategies such as expansions, partnerships, and collaborations, among others.
The prominent players in the flow cytometry market are Becton, Dickinson and Company, Danaher Corporation, Thermo Fisher Scientific, Inc., Agilent Technologies, Inc., and Luminex Corporation. These companies have adopted both organic and inorganic growth strategies, such as product launches and acquisitions, to maintain their leading positions in the flow cytometry market.The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.
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SkyQuest has segmented the Global Flow Cytometry Market based on Product, Technology, Application, End-Use and Region: Flow Cytometry Market By Product (Revenue, USD Million, 2021 2027)o Instruments Cell Analyzers Cell Sorterso Reagents & Consumableso Softwareo Accessorieso Services Flow Cytometry Market By Technology (Revenue, USD Million, 2021 2027)o Cell-basedo Bead-based Flow Cytometry Market By Application (Revenue, USD Million, 2021 2027)o Research Pharmaceutical Drug Discovery Stem Cell In Vitro Toxicity Apoptosis Cell Sorting Cell Cycle Analysis Immunology Cell Viabilityo Industrialo Clinical Cancer Organ Transplantation Immunodeficiency Hematology Flow Cytometry Market By End-use (Revenue, USD Million, 2021 2027)o Commercial Organizationso Hospitalso Academic Instituteso Clinical Testing Labs Flow Cytometry Market Regional Outlook (Revenue, USD Million, 2021 2027)o North America U.S. Canadao Europe Germany France UK Italy Spain Rest of Europeo Asia Pacific China India Japan Rest of Asia Pacifico Central & South America Brazil Rest of CSAo Middle East & Africa GCC Countries South Africa Rest of MEA
List of Key Players of Flow Cytometry Market
Becton, Dickinson and Company (US) Danaher Corporation (US) Thermo Fisher Scientific, Inc. (US) Luminex Corporation (US) Agilent Technologies, Inc. (US) Sony Group Corporation (Japan) Bio-Rad Laboratories, Inc. (US) Miltenyi Biotec GmbH (Germany) Enzo Biochem, Inc. (US) Sysmex Corporation (Japan) bioMrieux S.A. (France) Cytonome/ ST, LLC (US) Sartorius AG (Germany) Cytek Biosciences, Inc. (US) Union Biometrica, Inc. (US)About Us-
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Flow Cytometry Market is expected to reach a value of USD 11467.80 Million by 2027, at a CAGR of 8.88% over the forecast period (2021 2027) - Digital...
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