Flow Cytometry is a technology in biotechnology based on impedance or laser and is employed in cell sorting, cell counting, protein engineering and biomarker detection. This is done by suspending the cells in a fluid stream and then allowing them to pass through an electronic apparatus for detection purposes. It is used in the diagnosis of several health disorders, especially blood cancer and is also applied in basic research, clinical trials and various clinical practices.
Microbiology domain has benefited with the introduction of flow cytometry. It is used in the analysis and measurement of several physical characteristics of chromosomes, cells etc., surrounded by suspensions heterogenic in nature. The device used to carry out flow cytometry is called flow cytometer. This device performs multi parameter analysis of the chemical as well as physical characteristics of about thousand particles every second simultaneously. Flow cytometer includes main four elements, such as lasers, fluidic systems, external computer systems and optics. Additionally, in order to collect cells, a sorting device is also used, typically referred to as cell sorter.
Future Market Insights has published an analytically weighted research study on flow cytometry market. This intriguing research report covers various market facts assessed across important regions in the globe. Various growth influencers of the global flow cytometry market such as developments, innovations, drivers, trends, challenges and restraints have been studied thoroughly and presented in a systematic fact based format in this research report. The flow cytometry market research report also includes key future prognoses for a period of five years from 2017 till 2022.
As per this research report, the global market for flow cytometry is likely to witness a high growth to touch a significant value over the forecast period.
As per the statistical analysis of the global flow cytometry market, it is estimated to portray a market valuation of around US$ 4.4 Bn by the end of forecasted year growing at a robust CAGR throughout the period of forecast, 2017-2022.
Reagents and Consumables to Gain a Lion’s Share in the Global Flow Cytometry Market
Reagents and consumables segment by product type are likely to witness higher sales in the forthcoming coming period. This statistic is based on the fact that this segment reflected a huge market share in 2016 and 2017 and is likely to grow at a higher rate in the forthcoming years. The reagents and consumables product type segment in the global flow cytometry market is likely to grow at a higher CAGR to reflect a higher market evaluation of over US$ 1.9 Bn by the end of the forecasted year and by the end of the forecasted year it is estimated to gain highest BPS.
Following this reagents and consumables, the services segment is estimated to show a noteworthy market value by end of 2022 and gain second position in terms of market share during the period of forecast. In 2017, the instruments and accessories segment portrayed similar market shares, however, by end of the forecasted year, the accessories segment is likely to surpass the instruments segment.
Flow Cytometry to be Witness High Demand in Commercial Organizations
According to the research, commercial organizations are a large scale users of flow cytometry as compared to academic institutions. The commercial organizations segment by end user category is anticipated to grow at the highest CAGR of 7.5% during the period of forecast 2017-2022. This segment reflected a higher market share in 2017 and is likely to retain its status quo throughout the period of forecast, and is estimated to project a higher valuation by end of 2022. Thus the commercial organization segment is likely to lead the global market by end user during the 2017-2022 period.
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Competition Scenario in the Global Flow Cytometry Market
The in-depth market research report on global market for flow cytometry covers a weighted competitive analysis wherein it covers various aspects of key players involved in this market. Key players such as Danaher Corporation, Becton Dickinson and Company, Sysmex Corporation, Agilent Technologies, Inc., Merck & Co Inc., Bio-Rad Laboratories, Inc., Thermo Fisher Scientific, Inc., Luminex Corporation, General Electric Company and Miltenyi Biotec GmbH are outlined in this research study.
In-Depth Market Segmentation
The research study covers an in-depth level five market segmentation to gain wide coverage of the market in order to glean necessary acumen.
- North America
- Latin America
- Reagents & Consumables
- Commercial Organizations
- Academic Institutes