Flow Cytometry Market in Biotechnology: By 2022 to 2032 Insights

BySanket Badgujar
Market Research

A powerful technique used in biology and medicine to evaluate and quantify numerous features of individual cells in a variety of populations is flow cytometry market. It allows scientists to examine biological features including size, shape, and complexity as well as the expression of specific substances inside or outside the cell.

The flow cytometry process uses a flow cytometer, specialist equipment that can assess hundreds of cells per second. The cells are initially labelled with fluorescent markers that accurately adhere to the target molecules. As the cells move through the flow cytometer in a single file, laser beams illuminate the fluorescent markers, prompting them to discharge light signals that are detected by detectors. These signals are then converted into measurable data that provides in-depth information on each individual cell.

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The global Flow Cytometry Market is anticipated to have significant growth between 2022 and 2032, with a CAGR of 7.4%. By the end of 2022 and the end of 2032, it is predicted that the global market would be worth US$ 5.6 billion and US$ 11.4 billion, respectively.

Reagents, consumables, and accessories will control the flow cytometry market by product in 2021, accounting for over 44.3% of the global market, predicts Future Market Insights. As a result of advancements in in vivo flow cytometry, high-throughput quantitative analysis, and evaluations of minimal residual disorders, global flow cytometry is anticipated to play a larger role in medicine.

Key Takeaways:

  • A rising number of immunoassay techniques are rapidly being developed including the Accuri flow cytometer attributed to the recombinant antibody technology. Recombinant antibodies are extensively being used during the development of more sophisticated panels that come with affordable flow cytometer prices.
  • By combining the high specificity and affinity of monoclonal antibodies with recombinant technology, monoclonal antibodies incorporate a stronger ability to detect subtle antigenic alterations and small targets comprising epitope variants, post-translational modifications, and conformational changes.
  • Furthermore, nowadays it has become very common to change the flow cytometry region in order to avoid clashes with several other antibodies within a flow cytometry panel. By decreasing the high background which commonly takes place when antibodies bind to Fc receptors, recombinant antibodies have reduced the flow cytometry cost. As a result, varieties of market opportunities are now being established by the introduction of recombinant DNA technology for antibody production in flow cytometry.
  • The development of monoclonal antibodies, fluorescence, and laser technology has managed to diversify by adding new options for developing the best flow cytometers to investigate intracellular compartments for the determination of cellular functionality. In addition to that, the expansion of business over digital distribution channels has proven to be groundbreaking development for several small flow cytometer manufacturers with a limited and dispersed customer base.

Competitive Landscape:

Due to the presence of local and regional businesses, the overall market is highly fragmented and several significant companies in the manufacture of flow cytometry are experiencing intense competition. The leading competitors in the flow cytometry market are employing strategies like acquisitions and mergers, collaborations and partnerships, and new product launches in order to increase the consumer base and satisfy consumer expectations.

Key Players Profiled in the Flow Cytometry Market Report:

  • Beckman Coulter, Inc. (Danaher)
  • Becton Dickinson & Co.
  • Life Technologies Corporation (Thermo Fisher Scientific Inc.)
  • Miltenyi Biotech
  • Luminex Corp.
  • Merck KGaA
  • bioMérieux SA
  • Agilent Technologies
  • Bio-Rad Laboratories
  • Apogee Flow Systems Ltd.

More Insights into the Flow Cytometry Market:

The U.S., which held a total market share of around 92.0% in 2021 and is likely to continue seeing the same growth during the forecast period, is expected to dominate the North American flow cytometry market.

China, which held a 42.1% market share in 2021 and is anticipated to develop at a lucrative CAGR of 12.3% over the course of the forecast period, is the second-largest nation controlling the East Asian flow cytometry market.

Key Segments:

By Product Type:

  • Flow Cytometer System
    • Tradition Flow Cytometer
      • Cell Sorters
      • Imaging Flow Cytometers
    • Acoustic Focusing Cytometers
    • Next Generation Flow Cytometers
    • Reagents, Consumables & Accessories
    • Software
    • Services

By Application:

  • Immunophenotyping
  • Cell Sorting
  • Cell Cycle Analysis
    • Apoptosis
    • Cell Proliferation Assays
    • Intracellular Calcium Flux
  • Detection & Sorting of Exosomes
  • Others

By Usage:

  • Research Use
  • Clinical Diagnostics

By End User:

  • Hospitals
  • Diagnostic Laboratories
  • Academic and Research Institute
  • Biopharmaceutical Companies