Flow Cytometry Market - Forecast(2021 - 2026)

 Flow Cytometry Market Overview


Flow Cytometry Market size is forecast to reach $6.71 billion by 2025,growing at a CAGR of 8.47% during the forecast period 2020-2025. Flow cytometry is technique used to detect and measure physical and chemical characteristics of a population of cells or particles. In this process, a sample containing cells or particles is suspended in a fluid and injected into the flow cytometer instrument. The increasing use of flow cytometry in research activities and clinical trials, growing focus on immunology and immune oncology research are set to grow the demand for flow cytometry during the forecast period 2020-2025.


Report Coverage
The report“Flow Cytometry Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Flow Cytometry Market. 
 
By Technology: Cell- Based Flow Cytometry, Bead- Based Flow Cytometry
By Products and Services: Reagents & Consumables, Instruments, Services, Software and Accessories.
By Application :– Research Applications, Clinical Applications, and Industrial Applications
By End Use :–Academic & research institutes, Hospitals & Clinical testing labs and Pharmaceutical& Biotechnology Companies 
By Geography:- North America, Europe, Asia Pacific, and Rest of the world.


Key Takeaways

North America dominated the Flow Cytometry Marketin 2019 owing toexpansion of novel products that is set to create opportunities during the forecast period 2020-2025
In terms of Products and Services, the instruments segment demand is increasing owing to widely usage and requirement in terms of Cell Analysers and Cell Sorters.
Factors such as growing adoption of flow cytometry in stem cell research and increase in the applications of flow cytometry in clinical research is driving the growth of flow cytometry market
Detailed analysis on the Strength, Weakness and opportunities of the prominent players operating in the market will be provided in the Flow Cytometry Market report.


Technology- Segment Analysis

Based on Technology Flow Cytometry market is segmented into Cell- based flow cytometry and Bead- based flow cytometry. Bead based cytometry is estimated to be the fastest growing technology with CAGR of 7.31% during the forecast period 2020-2025. This is owing to constant advancement in molecular engineering, monoclonal antibodies protection, and associated advantages such as cost efficiency and short Turnaround time(short- TAT). Also, with the procedural advantages such as ELSIE or western blot the demand for Bead based is increasing during the forecast period 2020-2025.


Application- Segment Analysis

Based on Applications, Flow Cytometry can be segmented into Research Applications, Clinical Applications, and Industrial Applications. Research Applications accounted for largest share owing to initiatives taken by governments and companies for increasing the adoption of flow cytometry for research activities as well as increasing research in infectious diseases. With an increasing development of new drugs and rise of research and development in companies the research application is also set to register highest CAGR during forecast period 2020-2025

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