Product Code: GVR-1-68038-412-3
Flow Cytometry Market Growth & Trends:
The global flow cytometry market size is expected to reach USD 7.01 billion by 2030, registering a CAGR of 6.96% over the forecast period, according to a new report by Grand View Research, Inc. Technological advancements in the technique are introducing new and improved analytical tools, which include the development of microfluidic flow cytometry for Point-of-Care (PoC) testing. Furthermore, the rising prevalence of cancer, immunodeficiency disorders, and infectious diseases is driving the industry. In addition, increasing R&D investments in biopharmaceutical, life science, and biotechnology research activities have led to high demand for flow cytometry instruments. In recent years, a key focus has been on the development of portable microfluidic flow cytometry devices for PoC testing.
Microfluidics and flow cytometry together make a useful tool to measure multiple characteristics of biological samples. For instance, the easy availability of several microfluidics and miniaturized detectors have enabled the creation of microchip-based cytometers, such as optofluidic cytometer, imaging cytometer, and impedance cytometer. The development of microfluidic flow cytometry devices, which are cost-effective, portable, and compact, is beneficial. They are affordable in developing economies, such as Asia & Africa, and are enabling rapid growth in PoC testing applications. Furthermore, improvements in fluorescent dyes and the increasing utility of benchtop cytometers for academic research settings are expected to drive the industry.
Developments in multicolor flow cytometry are accelerating the adoption of the technique in novel drug development activities. For instance, in January 2020, DxFLEX, CE-IVD, a 13-colour clinical flow cytometry system was launched by Beckman Coulter Life Sciences in Europe. Similarly, easy cellular analysis by simultaneous evaluation of several parameters allows extensive use of such devices for contract research purposes. The COVID-19 pandemic also spurred innovations in the technique, as evidenced by the launch of new products in this domain. For instance, in July 2021, Metropolis Healthcare Ltd. launched CoviRisk-TBNK, a simple blood test to detect the risk status of a COVID-19 hospitalized patient.
It helps analyze patients' need for ICU facilities or ventilation and aids in the reduction of stress on healthcare resources. The test is a flow cytometry-based lymphocyte subset assay and is IVD-approved. Such innovations are anticipated to fuel industry growth in the near future. Moreover, flow cytometry is a significant tool in listing and characterizing immune cells, and is also helpful in recognizing and validating underlying genetic defects. The technique is also used to observe and monitor the immune response of patients after stem cell transplantation, and hence, organ transplantation plays an important role in boosting industry growth. According to the WHO, around 50,000 stem cell transplantations are performed globally every year, and this number is expected to grow in the near future, broadening the scope of applications for the technique.
On the other hand, instruments are highly expensive, and hence, buyers in several developing countries may not be able to afford technologically advanced flow cytometry equipment. These instruments may cost over USD 100,000 and pose significant budgetary constraints for small- & mid-sized hospitals and clinical laboratories. However, some manufacturers, such as Sony, are trying to launch newer instruments using software to automate a number of processes. Such developments would not only improve the usability of the technique but also help bring down the average instrumentation cost-under USD 100,000-in the near future.
Flow Cytometry Market Report Highlights:
- The instrument product segment held the largest share in 2023 due to technical advancements, as well as increased prevalence of chronic conditions
- The cell-based flow cytometry technology dominated the industry in 2023 due to the high demand for early diagnosis and rising awareness about the associated benefits of cell-based assays
- By application, the clinical segment accounted for the largest revenue share in 2023 owing to increased activities pertaining to infectious diseases, such as influenza, HIV, and COVID-19, among others
- The academic institutes end-user segment led the market in 2023 owing to increased R&D activities by academic institutes & research centers
- North America was the leading region in 2023 due to the high implementation of scientifically advanced flow cytometry solutions, high healthcare expenditure, and well-established healthcare infrastructure in the region
- Asia Pacific is expected to register the fastest CAGR from 2022 to 2030 owing to the extensive growth in the pharmaceutical and biotechnology industries in emerging economies, such as China and India
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation
- 1.1.1 Regional Scope
- 1.1.2 Market Definitions
- 1.1.3 Estimates And Forecast Timeline
- 1.2 Objectives
- 1.2.1 Objective - 1
- 1.2.2 Objective - 2
- 1.2.3 Objective - 3
- 1.3 Research Methodology
- 1.4 Information Procurement
- 1.4.1 Purchased Database
- 1.4.2 GVR's Internal Database
- 1.4.3 Secondary Sources
- 1.4.4 Primary Research
- 1.4.5 Details Of Primary Research
- 1.5 Information or Data Analysis
- 1.5.1 Data Analysis Models
- 1.6 Market Formulation & Validation
- 1.7 Model Details
- 1.7.1 Commodity Flow Analysis
- 1.7.1.1 Approach 1: Commodity Flow Approach
- 1.7.1.2 Approach 2: Country wise market estimation using bottom-up approach
- 1.8 List of Secondary Sources
- 1.9 List of Abbreviations
Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Product and Technology Segment Snapshot
- 2.3 Application and End-use Segment Snapshot
- 2.4 Competitive Landscape Snapshot
Chapter 3 Market Variables, Trends, and Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Parent Market Outlook
- 3.1.2 Ancillary Market Outlook
- 3.2 Market Dynamics
- 3.2.1 Market Driver Analysis
- 3.2.1.1 Growing prevalence of chronic and infectious diseases
- 3.2.1.2 High R&D investments in biotechnology, clinical, and life science research
- 3.2.1.3 Technological advancements in flow cytometry instruments and reagents
- 3.2.1.4 Increasing demand for point-of-care diagnostics
- 3.2.2 Market Restraint Analysis
- 3.2.2.1 High Cost Of Instruments
- 3.2.3 Industry Challenges
- 3.2.3.1 Low Cell Throughput Rate
- 3.3 Business Environment Analysis
- 3.3.1 Pestel Analysis
- 3.3.2 Porter's Five Forces Analysis
- 3.4 COVID-19 Impact Analysis
Chapter 4 Flow Cytometry Market - Segment Analysis, by Product, 2018 - 2030 (USD Million)
- 4.1 Flow Cytometry Market: Product Movement Analysis
- 4.2 Flow Cytometry Market Estimates & Forecast by Product (USD Million)
- 4.2.1 Instruments
- 4.2.1.1 Cell Analyzers
- 4.2.1.2 Cell Sorters
- 4.2.2 Reagents & Consumables
- 4.2.3 Software
- 4.2.4 Accessories
- 4.2.5 Services
Chapter 5 Flow Cytometry Market - Segment Analysis, by Technology, 2018 - 2030 (USD Million)
- 5.1 Flow Cytometry Market: Technology Movement Analysis
- 5.2 Flow Cytometry Market Estimates & Forecast by Technology (USD Million)
- 5.2.1 Cell-Based
- 5.2.2 Bead-Based
Chapter 6 Flow Cytometry Market - Segment Analysis, by Application, 2018 - 2030 (USD Million)
- 6.1 Flow Cytometry Market: Application Movement Analysis
- 6.2 Flow Cytometry Market Estimates & Forecast by Application (USD Million)
- 6.2.1 Research
- 6.2.1.1 Pharmaceutical
- 6.2.1.1.1 Drug Discovery
- 6.2.1.1.2 Stem Cell
- 6.2.1.1.3 In Vitro Toxicity
- 6.2.1.2 Apoptosis
- 6.2.1.3 Cell Sorting
- 6.2.1.4 Cell Cycle Analysis
- 6.2.1.5 Immunology
- 6.2.1.6 Cell Viability
- 6.2.2 Industrial
- 6.2.3 Clinical
- 6.2.3.1 Cancer
- 6.2.3.2 Organ Transplantation
- 6.2.3.3 Immunodeficiency
- 6.2.3.4 Hematology
- 6.2.3.5 Autoimmune Disorders
Chapter 7 Flow Cytometry Market - Segment Analysis, by End Use, 2018 - 2030 (USD Million)
- 7.1 Flow Cytometry Market: End-use Movement Analysis
- 7.2 Flow Cytometry Market Estimates & Forecast by End Use (USD Million)
- 7.2.1 Commercial Organizations
- 7.2.1.1 Biotechnology Companies
- 7.2.1.2 Pharmaceutical Companies
- 7.2.1.3 Cros
- 7.2.2 Hospitals
- 7.2.3 Academic Institutes
- 7.2.4 Clinical Testing Labs
Chapter 8 Flow Cytometry Market: Regional Estimates and Trend Analysis, By Product, Technology, Application, and End Use
- 8.1 Flow Cytometry Market: Regional Outlook
- 8.2 North America
- 8.2.1 North America Flow Cytometry Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 8.2.2 U.S.
- 8.2.2.1 Key Country Dynamics
- 8.2.2.2 U.S. Flow Cytometry Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 8.2.2.3 Competitive/Market Scenario
- 8.2.2.4 Regulatory Framework
- 8.2.2.5 Reimbursement Scenario
- 8.2.3 Canada
- 8.2.3.1 Key Country Dynamics
- 8.2.3.2 Canada flow cytometry market estimates and forecasts, 2018 - 2030 (USD Million)
- 8.2.3.3 Competitive/Market Scenario
- 8.2.3.4 Regulatory Framework
- 8.2.3.5 Reimbursement Scenario
- 8.3 Europe
- 8.3.1 Europe Flow Cytometry Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 8.3.2 UK
- 8.3.2.1 Key Country Dynamics
- 8.3.2.2 UK Flow Cytometry Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 8.3.2.3 Competitive/Market Scenario
- 8.3.2.4 Regulatory Framework
- 8.3.2.5 Reimbursement Scenario
- 8.3.3 Germany
- 8.3.3.1 Key Country Dynamics
- 8.3.3.2 Germany Flow Cytometry Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 8.3.3.3 Competitive/Market Scenario
- 8.3.3.4 Regulatory Framework
- 8.3.3.5 Reimbursement Scenario
- 8.3.4 France
- 8.3.4.1 Key Country Dynamics
- 8.3.4.2 France Flow Cytometry Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 8.3.4.3 Competitive Scenario
- 8.3.4.4 Regulatory Framework
- 8.3.4.5 Reimbursement Scenario
- 8.3.5 Italy
- 8.3.5.1 Key Country Dynamics
- 8.3.5.2 Italy Flow Cytometry Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 8.3.5.3 Competitive/Market Scenario
- 8.3.5.4 Regulatory Framework
- 8.3.5.5 Reimbursement Scenario
- 8.3.6 Spain
- 8.3.6.1 Key Country Dynamics
- 8.3.6.2 Spain Flow Cytometry Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 8.3.6.3 Competitive/Market Scenario
- 8.3.6.4 Regulatory Framework
- 8.3.6.5 Reimbursement Scenario
- 8.3.7 Denmark
- 8.3.7.1 Key Country Dynamics
- 8.3.7.2 Denmark Flow Cytometry Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 8.3.7.3 Competitive/Market Scenario
- 8.3.7.4 Regulatory Framework
- 8.3.7.5 Reimbursement Scenario
- 8.3.8 Sweden
- 8.3.8.1 Key Country Dynamics
- 8.3.8.2 Sweden Flow Cytometry Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 8.3.8.3 Competitive/Market Scenario
- 8.3.8.4 Regulatory Framework
- 8.3.9 Norway
- 8.3.9.1 Key Country Dynamics
- 8.3.9.2 Norway Flow Cytometry Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 8.3.9.3 Competitive/Market Scenario
- 8.3.9.4 Regulatory Framework
- 8.3.9.5 Reimbursement Scenario
- 8.3.10 Rest Of Europe Flow Cytometry Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Flow Cytometry Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 8.4.2 Japan
- 8.4.2.1 Key Country Dynamics
- 8.4.2.2 Japan Flow Cytometry Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 8.4.2.3 Competitive/Market Scenario
- 8.4.2.4 Regulatory Framework
- 8.4.2.5 Reimbursement Scenario
- 8.4.3 China
- 8.4.3.1 Key Country Dynamics
- 8.4.3.2 China Flow Cytometry Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 8.4.3.3 Competitive/Market Scenario
- 8.4.3.4 Regulatory Framework
- 8.4.3.5 Reimbursement Scenario
- 8.4.4 India
- 8.4.4.1 Key Country Dynamics
- 8.4.4.2 India Flow Cytometry Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 8.4.4.3 Competitive/Market Scenario
- 8.4.4.4 Regulatory Framework
- 8.4.4.5 Reimbursement Scenario
- 8.4.5 Australia
- 8.4.5.1 Key Country Dynamics
- 8.4.5.2 Australia Flow Cytometry Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 8.4.5.3 Competitive/Market Scenario
- 8.4.5.4 Regulatory Framework
- 8.4.5.5 Reimbursement Scenario
- 8.4.6 Thailand
- 8.4.6.1 Key Country Dynamics
- 8.4.6.2 Thailand Flow Cytometry Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 8.4.6.3 Competitive/Market Scenario
- 8.4.6.4 Regulatory Framework
- 8.4.6.5 Reimbursement Scenario
- 8.4.7 South Korea
- 8.4.7.1 Key Country Dynamics
- 8.4.7.2 South Korea Flow Cytometry Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 8.4.7.3 Competitive/Market Scenario
- 8.4.7.4 Regulatory Framework
- 8.4.7.5 Reimbursement Scenario
- 8.4.8 Singapore
- 8.4.8.1 Key Country Dynamics
- 8.4.8.2 Singapore Flow Cytometry Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 8.4.8.3 Competitive Scenario
- 8.4.8.4 Regulatory Framework
- 8.4.8.5 Reimbursement Scenario
- 8.4.9 Rest Of Asia Pacific Flow Cytometry Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 8.5 Latin America
- 8.5.1 Latin America Flow Cytometry Market Estimates And Forecasts, 2018 - 2030, (USD Million)
- 8.5.2 Brazil
- 8.5.2.1 Key Country Dynamics
- 8.5.2.2 Brazil Flow Cytometry Market Estimates And Forecasts, 2018 - 2030, (USD Million)
- 8.5.2.3 Competitive/Market Scenario
- 8.5.2.4 Regulatory Framework
- 8.5.2.5 Reimbursement Scenario
- 8.5.3 Mexico
- 8.5.3.1 Key Country Dynamics
- 8.5.3.2 Mexico Flow Cytometry Market Estimates And Forecasts, 2018 - 2030, (USD Million)
- 8.5.3.3 Competitive/Market Scenario
- 8.5.3.4 Regulatory Framework
- 8.5.3.5 Reimbursement Scenario
- 8.5.4 Argentina
- 8.5.4.1 Key Country Dynamics
- 8.5.4.2 Argentina Flow Cytometry Market Estimates And Forecasts, 2018 - 2030, (USD Million)
- 8.5.4.3 Competitive/Market Scenario
- 8.5.4.4 Regulatory Framework
- 8.5.4.5 Rest of Latin America Flow Cytometry Market Estimates And Forecasts, 2018 - 2030, (USD Million)
- 8.6 MEA
- 8.6.1 MEA Flow Cytometry Market Estimates And Forecasts, 2018 - 2030, (USD Million)
- 8.6.2 South Africa
- 8.6.2.1 Key Country Dynamics
- 8.6.2.2 South Africa Flow Cytometry Market Estimates and Forecasts, 2018 - 2030, (USD Million)
- 8.6.2.3 Competitive Scenario
- 8.6.2.4 Regulatory Framework
- 8.6.2.5 Reimbursement Scenario
- 8.6.3 Saudi Arabia
- 8.6.3.1 Key Country Dynamics
- 8.6.3.2 Saudi Arabia Flow Cytometry Market Estimates and Forecasts, 2018 - 2030, (USD Million)
- 8.6.3.3 Competitive Scenario
- 8.6.3.4 Regulatory Framework
- 8.6.3.5 Reimbursement Scenario
- 8.6.4 UAE
- 8.6.4.1 Key Country Dynamics
- 8.6.4.2 UAE Flow Cytometry Market Estimates and Forecasts, 2018 - 2030, (USD Million)
- 8.6.4.3 Competitive Scenario
- 8.6.4.4 Regulatory Framework
- 8.6.4.5 Reimbursement Scenario
- 8.6.5 Kuwait
- 8.6.5.1 Key Country Dynamics
- 8.6.5.2 Kuwait Flow Cytometry Market Estimates and Forecasts, 2018 - 2030, (USD Million)
- 8.6.5.3 Competitive Scenario
- 8.6.5.4 Regulatory Framework
- 8.6.5.5 Reimbursement Scenario
- 8.6.6 Rest Of Mea Flow Cytometry Market Estimates And Forecasts, 2018-2030 (USD Million)
Chapter 9 Competitive Landscape
- 9.1 Company Profiles
- 9.7.1 DANAHER CORPORATION
- 9.7.1.1 Company overview
- 9.7.1.2 Beckman Coulter, Inc.
- 9.7.1.2.1 Company Overview
- 9.7.1.3 Cytiva
- 9.7.1.3.1 Company Overview
- 9.7.1.4 Financial performance
- 9.7.1.5 Product benchmarking
- 9.7.1.6 Strategic initiatives
- 9.7.2 BECTON, DICKINSON AND COMPANY (BD)
- 9.7.2.1 Company overview
- 9.7.2.2 Financial performance
- 9.7.2.3 Product benchmarking
- 9.7.2.4 Strategic initiatives
- 9.7.3 SYSMEX CORPORATION
- 9.7.3.1 Company overview
- 9.7.3.2 Financial performance
- 9.7.3.3 Product benchmarking
- 9.7.3.4 Strategic initiatives
- 9.7.4 AGILENT TECHNOLOGIES, INC.
- 9.7.4.1 Company overview
- 9.7.4.2 Financial performance
- 9.7.4.3 Product benchmarking
- 9.7.4.4 Strategic initiatives
- 9.7.5 APOGEE FLOW SYSTEMS LTD.
- 9.7.5.1 Company overview
- 9.7.5.2 Product benchmarking
- 9.7.5.3 Strategic initiatives
- 9.7.6 BIO-RAD LABORATORIES, INC.
- 9.7.6.1 Company overview
- 9.7.6.2 Financial performance
- 9.7.6.3 Product benchmarking
- 9.7.6.4 Strategic initiatives
- 9.7.7 THERMO FISHER SCIENTIFIC, INC.
- 9.7.7.1 Company overview
- 9.7.7.2 Financial performance
- 9.7.7.3 Product benchmarking
- 9.7.7.4 Strategic initiatives
- 9.7.8 STRATEDIGM, INC.
- 9.7.8.1 Company overview
- 9.7.8.2 Product benchmarking
- 9.2 Company Categorization
- 9.3 Flow cytometry Market Share Analysis, 2023
- 9.4 Strategy Mapping
- 9.4.1 Mergers & Acquisitions
- 9.4.2 Partnerships And Collaborations
- 9.4.3 New Product Launch
- 9.4.4 Others
Chapter 10 Conclusion