Flow Cytometry Market to Grow Exponentially, Expected to Hit USD 3.8 billion in 2023 at 10.6% CAGR: MarkNtel Advisors

Market Overview:

MarkNtel Advisors has released a new report that highlights the strong growth trajectory of the Flow Cytometry Market, The Global Flow Cytometry Market size is valued at USD 3.8 billion in 2023 and is estimated to grow at a CAGR of around 10.6% during the forecast period, i.e., 2024-30. Various factors are attributed to the growth of the market like growth in automobile production, growing focus on lightweight sustainable materials, rising demand for luxury customized interiors, increasing focus on safety standards, and the adoption of Advanced Driver Assistance Systems (ADAS). The report provides valuable insights into the drivers, trends, and challenges shaping the future of the Flow Cytometry Market. It offers an in-depth look at the key players, geographical performance, and the segments leading the charge in market share.

Industry Outlook Forecasts:

Forecast Period: 2024-2030
Market Size in 2023: USD 3.8 billion
CAGR (2024-2030): 10.6%

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Global Flow Cytometry Market Segmentation Breakdown:

The Flow Cytometry Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

By Products Services
- Assay Kits - Market Size Forecast, 2019-2030 (USD Million)
- Instruments - Market Size Forecast, 2019-2030 (USD Million)
- Reagents Consumables - Market Size Forecast, 2019-2030 (USD Million)
- Software - Market Size Forecast, 2019-2030 (USD Million)
- Services - Market Size Forecast, 2019-2030 (USD Million)

The Instrument segment seized the major share of the Global Flow Cytometry Market in 2023 and is expected to follow the same trend during the forecast period as well.

By Technology
- Cell-Based Flow Cytometry - Market Size Forecast, 2019-2030 (USD Million)
- Bead-Based Flow Cytometry - Market Size Forecast, 2019-2030 (USD Million)

Cell-based flow cytometry dominated the market revenue share in 2023 and is projected to flourish through 2030.

By Type
- Oncology - Market Size Forecast, 2019-2030 (USD Million)
  - Hematological Malignancies
    - Lymphoma- Market Size Forecast, 2019-2030 (USD Million)
    - Leukemia- Market Size Forecast, 2019-2030 (USD Million)
    - Myeloma- Market Size Forecast, 2019-2030 (USD Million)
    - Others- Market Size Forecast, 2019-2030 (USD Million)
  - Solid Tumors - Market Size Forecast, 2019-2030 (USD Million)
    - Breast Cancer- Market Size Forecast, 2019-2030 (USD Million)
    - Prostate Cancer- Market Size Forecast, 2019-2030 (USD Million)
    - Colorectal Cancer- Market Size Forecast, 2019-2030 (USD Million)
    - Lung Cancer- Market Size Forecast, 2019-2030 (USD Million)
    - Others- Market Size Forecast, 2019-2030 (USD Million)
  - Drug Discovery - Market Size Forecast, 2019-2030 (USD Million)
  - Stem Cell Therapy - Market Size Forecast, 2019-2030 (USD Million)
  - Hematology - Market Size Forecast, 2019-2030 (USD Million)
  - Immunology - Market Size Forecast, 2019-2030 (USD Million)
  - Other - Market Size Forecast, 2019-2030 (USD Million)
- By Application
  - Translational Research - Market Size Forecast, 2019-2030 (USD Million
  - Clinical - Market Size Forecast, 2019-2030 (USD Million)
    - Screening Diagnostics - Market Size Forecast, 2019-2030 (USD Million
    - Treatment Monitoring- Market Size Forecast, 2019-2030 (USD Million
  - By End User
    - Diagnostic Laboratories - Market Size Forecast, 2019-2030 (USD Million
    - Hospitals and Healthcare Centers - Market Size Forecast, 2019-2030 (USD Million
    - Academic Research Institutes - Market Size Forecast, 2019-2030 (USD Million
    - Others - Market Size Forecast, 2019-2030 (USD Million

Geographical Growth Insights:

By Region
- North America
- South America
- Europe
- The Middle East Africa
- Asia Pacific

North America captured the potential share of the Flow Cytometry Market over the historical years.

MarkNtel Advisors Highlights Key Market Drivers for Flow Cytometry Market:

Rising Consciousness of Chronic Diseases – The occurrence of chronic diseases like HIV/AIDS, leukemia, and cancer has increased in recent years. This surge has increased the necessity for awareness of advanced technologies, such as flow cytometers, for analyzing examining these conditions. As awareness of these flow cytometer systems, encompassing instruments, reagents, software, and services grows, market players are increasingly focused on developing introducing new and advanced systems to aid in the diagnosis of chronic diseases.

The heightened prominence of market competitors in launching advanced flow cytometer sample systems and instruments for research clinical applications, in response to the rising prevalence of chronic diseases, is predicted to drive Flow Cytometry Market growth in the forthcoming years.

A Comprehensive Analysis of Leading Companies in Global Flow Cytometry Market

Becton, Dickinson Company
Danaher Corporation
Thermofisher Scientific
Agilent Technologies
Bio-Rad Laboratories
Miltenyi Biotec
Enzo Biochem Inc
Sysmex Corporation
Cytek Biosciences
Biomurex
Cytonome/ST, LLC
Sartorius AG
Union Biometrica
Takara Bio Inc
Apogee Flow Systems
Others

Explore More About This Research Report @ https://www.marknteladvisors.com/research-library/flow-cytometry-market.html

Flow Cytometry Market Recent Development:

January 2024: Cytek Biosciences, Inc. agreed with the Centre for Genomic Regulation (CRG) and Pompeu Fabra University (UPF) to encourage technological innovation and expedite scientific discoveries.

What are the growth Opportunity driving the Global Flow Cytometry Market?

Growing Adoption of Flow Cytometry Techniques in Research Academia – Flow cytometry, a cultured method for examining individual cells and particles in suspension at rates of thousands of cells per second, is gradually adopted in research academia. Initially recognized in immunology, its application has extended to environmental studies, extracellular vesicle analysis, and multi-parameter analysis, utilizing over 30 varied parameters for more comprehensive investigations.

Moreover, flow cytometers provide exceptional capabilities, high-quality data, and user-friendly platforms, allowing researchers to efficiently collect evaluate data, thereby saving time. Thus, owing to the high adoption rate, the Flow C Market is predicted to grow tremendously.

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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative quantitative research company, strive to deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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