San Francisco, 1
October 2018: 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.
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.
Access Research Report
of Flow Cytometry Market@ www.grandviewresearch.com/industry-analysis/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
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/biotechnology
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
Access Press Release of
Flow Cytometry Market@ www.grandviewresearch.com/press-release/global-flow-cytometry-market
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, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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