Global Flow Cytometry Market is estimated to grow at a lucrative rate of 8% to reach $11billion by 2026
Flow Cytometry is a technique used to detect and measure physical and chemical characteristics of a population of cells or particles usually suspended in a fluid using a laser beam. Most common types of flow cytometry-based proliferation assays are cell-based and bead-based assays.
Increasing Adoption of Flow Cytometry Market in Stem Cell Research
Flow cytometry and cell sorting are critical tools in stem
cell research. Recent advances in flow cytometric hardware, reagents, software platforms
and algorithms have synergized to permit the stem cell biologist in better
identifying and isolating rare cells based on their immunofluorescence and
light scattering characteristics. By multiple fluorescent-labeled antibodies,
researchers can obtain robust data and population-based statistics on
differentiating stem cell cultures. The growing market penetration in stem
cell research, adoption of recombinant DNA technology for antibody production,
and evolution of tandem flow cytometry technologies is expected to open growth opportunities
in the market.
“Flow Cytometry is turning researchers into molecular
detectives and helping them to delve into the depths of diseases. It allows researchers and scientists to probe the more complex and transient cellular
changes that underpin the course of disease and responses to treatment, helping
them better select the right drug target”. - Senior Director, Data Sciences & Quantitative Biology,
Pharmaceutical & Biotechnology Company, US
Rise in Chronic Diseases Increases Flow Cytometry
Utilization
Rising prevalence of chronic
diseases such as cancer, hematological malignancies
and others is fueling the growth of the flow cytometry market. Flow cytometry
is considered an efficient tool for clinical diagnosis of these diseases. Growing
preference by health specialists to use allergenic and autologous stem cell
therapies instead of radiation and chemotherapies is another key factor driving
the market.
Geographic Overview: North America Leads in terms of
Adoption of Flow
Cytometry Market
North America dominates the global flow cytometry market with
>40% share, followed by Europe. Growing research activities,
well-established infrastructure and rising drug discovery development are some
of the key driving factors.
Competitive
Landscape Analysis: Flow Cytometry Market
The prominent players operating in the global flow
cytometry market are BD, Danaher Corporation,
Luminex Corporation, Bio-Rad Laboratories, Inc., Apogee Flow Systems Ltd.,
among others.
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Cytometry Market
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