Advancement In Reagents & Software Used For The Analysis Is Expected To Drive Flow Cytometry Market Growth Till 2025: Grand View Research,Inc.
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.
Browse full research report on Flow Cytometry Market: http://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: http://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
- Pharmaceutical
- Drug
discovery
- Stem
cells
- In
vitro toxicity
- Apoptosis
- Cell
sorting
- Cell
cycle analysis
- Immunology
- Cell
viability
- Industrial
- Clinical
- Cancer
- Organ
transplantation
- Immunodeficiency
- 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
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia
Pacific
- Japan
- China
- India
- Latin
America
- Mexico
- Brazil
- MEA
- South
Africa
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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