Cell Cytometry Market Is Anticipated To Witness High Growth Owing To Rising Adoption Of Cell Culture Techniques


Cell cytometry technologies help in characterization, counting and sorting of cells based on their physical and chemical properties including size, shape and internal complexity. Cell cytometry finds applications across various disciplines including stem cell research, immunology, cancer research, transplant quality control, and clinical diagnostics. The technique allows multiparametric analysis of individual cells at a high speed and helps in gaining a better understanding of cells at the single cell level. Rising adoption of cell culture techniques across industries such as biotechnology and pharmaceutical is anticipated to drive the growth of the cell cytometry market during the forecast period.

The Cell Cytometry Market is estimated to be valued at US$ 1.5 Bn in 2024 and is expected to exhibit a CAGR of 9.9% over the forecast period 2024-2031.

Key Takeaways

Key players operating in the cell cytometry market are Agilent, Beckton Dickinson, Beckman Coulter Life Sciences, Bio-Rad and ThermoFisher Scientific. These players focus on developing advanced flow cytometry systems along with reagents and consumables to cater to the diverse needs of end users.

The cell cytometry market offers significant opportunities owing to the growing R&D investment in stem cell therapy, cancer immunotherapy and development of personalized medicine. The rising demand for high sensitivity cell analysis for molecular level understanding of various diseases is expected to drive the market growth.

The global players are expanding their presence across emerging economies of Asia Pacific and Latin America to tap the high growth opportunities offered by these regions. Significant growth in biotechnology and pharmaceutical industries along with increasing focus on healthcare infrastructure development will drive the adoption of cell cytometry technologies in developing countries.

Market Drivers And Restrain

The increasing prevalence of chronic diseases such as cancer and rising initiatives by government and private organizations to support cell-based research are some of the key drivers propelling the growth of cell cytometry market. According to the National Cancer Institute, approximately 1.8 million new cancer cases are diagnosed in the US annually which is expected to increase the demand for cell analysis techniques.

However, high costs associated with cell analyzers and lack of skilled professionals to operate advanced cell analysis instruments may hamper the market growth during the forecast period. The requirement of routine maintenance and upgradation of cell analyzers also adds to the overall cost of ownership. This acts as a major restrain for research laboratories and academic institutes with limited budgets to invest in high-end cell analysis systems.

Segment Analysis

The cell cytometry market is dominated by instruments segment which accounts for over 50% market share. With ongoing technological advancements, demand for high throughput cell analyzers, flow cytometers and cellsorters is increasing rapidly amongst research institutes and pharma companies for applications like stem cell research, immunology and oncology studies. The reagent and consumables segment form the second largest segment, majorly driven by requirements for assays, kits and microplates needed for cell analysis procedures. The services and software segment is witnessing healthy growth supported by need for installation, training, applications support, data analysis software and cloud based platforms for research organizations and clinical laboratories.

Global Analysis

North America currently captures over 40% share of Cell Cytometry Market driven by extensive R&D activities in healthcare sector, presence of leading life sciences players and availability of research funding. However, Asia Pacific region is emerging as the fastest growing regional market projected to witness a CAGR of 12.5% during the forecast period. Developing nations like China, India and South Korea are offering significant opportunities owing to increasing healthcare expenditure, strategic collaboration between academia and industry players supporting cell biology applications. Meanwhile, regions like Western Europe and Latin America are anticipated to offer steady expansion opportunities through 2031.

Get more insights on this topic:  https://www.newsanalyticspro.com/cell-cytometry-market-is-estimated-to-witness-high-growth-owing-to-rising-adoption-in-cancer-research-and-drug-discovery-applications/

 

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Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement. (LinkedIn - https://www.linkedin.com/in/priya-pandey-8417a8173/)

What Are The Key Data Covered In This Cell Cytometry Market Report?

:- Market CAGR throughout the predicted period

:- Comprehensive information on the aspects that will drive the Cell Cytometry Market's growth between 2024 and 2031.

:- Accurate calculation of the size of the Cell Cytometry Market and its contribution to the market, with emphasis on the parent market

:- Realistic forecasts of future trends and changes in consumer behaviour

:- Cell Cytometry Market Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa

:- A complete examination of the market's competitive landscape, as well as extensive information on vendors

:- Detailed examination of the factors that will impede the expansion of Cell Cytometry Market vendors

FAQ’s

Q.1 What are the main factors influencing the Cell Cytometry Market?

Q.2 Which companies are the major sources in this industry?

Q.3 What are the market’s opportunities, risks, and general structure?

Q.4 Which of the top Cell Cytometry Market companies compare in terms of sales, revenue, and prices?

Q.5 Which businesses serve as the Cell Cytometry Market’s distributors, traders, and dealers?

Q.6 How are market types and applications and deals, revenue, and value explored?

Q.7 What does a business area’s assessment of agreements, income, and value implicate?

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it

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