Global Flow Cytometry Market-Segmented by Type of Product, Technology, Application, End User, and Geography-Growth, Trends, and Forecast (2018-2023)
This report provides an in-depth insight of Flow Cytometry Industry covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis.
(EMAILWIRE.COM, July 14, 2018 ) Global Flow Cytometry Market 2018-2023:
The global flow cytometry market is expected to register a CAGR of 7.1% during 2018 to 2023 (the forecast period). Flow cytometry has evolved from a promising new technology to an indispensable tool, and its market is seeing a boom because of its application in the diagnosis of various disorders, like hematological disorders, malignancies, and various infections.
Use of Flow Cytometry in Stem Cell Research
Flow cytometry has been in use for decades by biologists studying hematopoietic stem cells to address the challenge of heterogeneity. New methods and tools are enabling researchers to employ this powerful technique to make key discoveries about other stem cell types and their respective lineages. Globally, the stem cell therapy market is expected to be worth USD 40 billion by 2020. Therefore, there is an expected potential for growth in the flow cytometry market for stem cell therapy in the coming years. Increase in funding from government and private organizations for stem cell research is also another factor that is expected to propel the market growth. Other factors, such as emergence and commercial application of new technologies in the field of flow cytometry and increasing applications of flow cytometry in clinical research, are increasing the growth of the market.
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Key Players:
Beckman Coulter
Becton Dickinson
EMD Millipore
Life Technologies
Bio-Rad Laboratories
Miltenyi Biotech
Sysmex Partec GmbH
Thermo Fisher Scientific Inc.
Luminex Corporation
Expensive Equipment Hindering the Growth of the Market
Flow cytometers are expensive. The instrument cost can go as high as USD 350,000 depending on the parameters it can measure. The least expensive flow cytometers available now cost over USD 10,000 and measure to only two or three parameters. On top of that, assay reagent kits, filters, and other consumables add a few hundreds of dollars more to the overall expense. The expensive instrument and assay kits are hindering the growth of the flow cytometry market. Factors, such as lack of awareness about the potential benefits of flow cytometry techniques, are slowing the growth of the market.
United States to Lead the Market
The United States, in the North American region, dominates the market of flow cytometry due to the presence of supportive government policies for the development of advanced technologies for healthcare. North America is followed by Europe and Asia-Pacific. Asia-Pacific is expected to witness a lucrative growth rate during the forecast period.
Make an inquiry before buying this report@ http://orbisresearch.com/contacts/enquiry-before-buying/2131458
Key Developments in the Market
January 2018 - Attune NxT Flow Cytometer system made multiparametric flow cytometry available to both new and experienced researchers.
January 2018 - Bio-Rad acquired RainDance Technologies.
Reasons to Purchase the Report
Current and future flow cytometry market outlook in the developed and emerging markets
Analyzing various perspectives of the market with the help of Porters five forces analysis
The segment that is expected to dominate the market
Regions that are expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3 months analyst support, along with the Market Estimate sheet (in excel)
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
The global flow cytometry market is expected to register a CAGR of 7.1% during 2018 to 2023 (the forecast period). Flow cytometry has evolved from a promising new technology to an indispensable tool, and its market is seeing a boom because of its application in the diagnosis of various disorders, like hematological disorders, malignancies, and various infections.
Use of Flow Cytometry in Stem Cell Research
Flow cytometry has been in use for decades by biologists studying hematopoietic stem cells to address the challenge of heterogeneity. New methods and tools are enabling researchers to employ this powerful technique to make key discoveries about other stem cell types and their respective lineages. Globally, the stem cell therapy market is expected to be worth USD 40 billion by 2020. Therefore, there is an expected potential for growth in the flow cytometry market for stem cell therapy in the coming years. Increase in funding from government and private organizations for stem cell research is also another factor that is expected to propel the market growth. Other factors, such as emergence and commercial application of new technologies in the field of flow cytometry and increasing applications of flow cytometry in clinical research, are increasing the growth of the market.
Get a sample copy of this report@ http://orbisresearch.com/contacts/request-sample/2131458
Key Players:
Beckman Coulter
Becton Dickinson
EMD Millipore
Life Technologies
Bio-Rad Laboratories
Miltenyi Biotech
Sysmex Partec GmbH
Thermo Fisher Scientific Inc.
Luminex Corporation
Expensive Equipment Hindering the Growth of the Market
Flow cytometers are expensive. The instrument cost can go as high as USD 350,000 depending on the parameters it can measure. The least expensive flow cytometers available now cost over USD 10,000 and measure to only two or three parameters. On top of that, assay reagent kits, filters, and other consumables add a few hundreds of dollars more to the overall expense. The expensive instrument and assay kits are hindering the growth of the flow cytometry market. Factors, such as lack of awareness about the potential benefits of flow cytometry techniques, are slowing the growth of the market.
United States to Lead the Market
The United States, in the North American region, dominates the market of flow cytometry due to the presence of supportive government policies for the development of advanced technologies for healthcare. North America is followed by Europe and Asia-Pacific. Asia-Pacific is expected to witness a lucrative growth rate during the forecast period.
Make an inquiry before buying this report@ http://orbisresearch.com/contacts/enquiry-before-buying/2131458
Key Developments in the Market
January 2018 - Attune NxT Flow Cytometer system made multiparametric flow cytometry available to both new and experienced researchers.
January 2018 - Bio-Rad acquired RainDance Technologies.
Reasons to Purchase the Report
Current and future flow cytometry market outlook in the developed and emerging markets
Analyzing various perspectives of the market with the help of Porters five forces analysis
The segment that is expected to dominate the market
Regions that are expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3 months analyst support, along with the Market Estimate sheet (in excel)
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Contact Information:
Orbis Research
Hector Costello
Tel: +1 (214) 884-6817
Email us
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Orbis Research
Hector Costello
Tel: +1 (214) 884-6817
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results