The global flow cytometry market is expected to reach USD 8.0 billion by
2025, according to a new study by Grand View Research, Inc. The increasing
incidence of infectious diseases and cancer is expected to upsurge the demand
for flow cytometers for use in disease diagnosis over the coming years. In
addition, higher number of physicians is inclined toward the usage of
autologous and allogenic stem cell therapy, due to adverse effects caused by
chemotherapy & radiation therapy in the treatment of cancer, thereby
affecting the growth of this market.
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Global flow cytometry market share, by end-use, 2016 (%)
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Moreover, rising demand for point-of-care testing in chronic diseases
management is expected to fuel the demand for cytometry techniques. Rising
implementation of microfluidic miniature flow cytometry in point-of-care
diagnostics is the factor augmenting the future growth. Increasing R&D
initiatives by various key players for the development of multicolor assays and
advanced reagents for analysis are anticipated to boost the usage rate.
Advancement in technology for the purpose of enhanced accuracy, portability,
and cost-effectiveness is expected to serve this market with lucrative growth
opportunities.
Small-size high-throughput cytometers are expected to gain popularity
over the coming years due to associated benefits such as ease in use and
cost-effectiveness. Furthermore, improvement in fluorescent dyes &
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.
In depth research report on Flow Cytometry
Market
Further Key Findings From the Study Suggest:
·
Bead-based
flow cytometry is anticipated to witness lucrative growth rate over the
forecast period owing to increasing advancement in molecular engineering &
monoclonal antibody production
·
Reagents &
consumables are expected to be the fastest growing segment as of 2016 due to
extensive utilization in molecular diagnostics
·
Clinical
diagnosis market is driven by factors such as increasing demand for
cost-effective disease diagnosis and associated benefits of these assays in
disease detection
·
The largest
market share of commercial organizations can be attributed to the rising
large-scale production of proteins, cell line development, and other
biologicals coupled with the growing demand for cell sorting and analysis
techniques
·
Asia Pacific
regional market is presumed to witness the fastest growth owing to increasing
supportive government initiatives for flourishing biotech industry coupled with
growing awareness about the applications of flow cytometers
·
Multinational
players collaborating with local diagnostic companies and healthcare
institutions in developing countries such as India & Brazil, target the
disease population and are expected to increase market penetration
Grand View Research has segmented the flow cytometry market on the basis
of technology, product & services, application, end-use, and region:
Global Flow Cytometry Application Outlook
(Revenue, USD Million, 2014 - 2025)
·
Cell-based
·
Bead-based
Global Flow Cytometry Product & Services
Outlook (Revenue, USD Million, 2014 - 2025)
·
Instruments
·
Reagent &
consumables
·
Software
·
Accessories
·
services
Global Flow Cytometry Application Outlook
(Revenue, USD Million, 2014 - 2025)
·
Research
o
Pharmaceutical
o
Drug discovery
o
Stem cells
o
In vitro
toxicity
o
Apoptosis
o
Cell sorting
o
Cell cycle
analysis
o
Immunology
o
Cell viability
·
Industrial
·
Clinical
o
Cancer
o
Organ
transplantation
o
Immunodeficiency
o
Hematology
Global Flow Cytometry End-use Outlook
(Revenue, USD Million, 2014 - 2025)
·
Commercial
organizations
·
Hospitals
·
Academic
institutes
·
Clinical
testing labs
Flow Cytometry Regional Outlook (Revenue, USD
Million, 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
UK
o
Germany
·
Asia Pacific
o
Japan
o
China
o
India
·
Latin America
o
Mexico
o
Brazil
·
MEA
o
South Africa
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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, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
For more
market analysis reports, please visit: http://www.grandviewresearch.com/
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