Overview of the Global Flow Cytometry Industry:
The Global Flow Cytometry market is projected to experience substantial growth between 2024 and 2030, driven by digital transformation, innovation in service delivery, and expanding global demand. With a forecasted CAGR of 10.6% the market is expected to reach USD 3.8 billion in 2023.
This report offers an in-depth analysis of the key drivers, challenges, competitive landscape, and future outlook — helping businesses, investors, and stakeholders make informed decisions.
Market Size & Forecast (2024–2030)
- Base Year: 2023
- Forecast Period: 2024–2030
- Market Size (2023): USD 3.8 billion
- Estimated CAGR (2024–2030): 10.6%
Key Market Driver (What’s Driving Flow Cytometry Sector Growth?)
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.
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Global Flow Cytometry Industry 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.
Top Companies in the Flow Cytometry Market
Here’s a snapshot of key players leading innovation and market share:
- 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
Includes SWOT analysis, revenue trends, partnerships, and product launches.
Factor Hinder Flow Cytometry Industry Growth
High Prices & Instrument Limitations – In spite of the broad clinical & research applications of flow cytometry, the high cost and lack of technical expertise are expected to hinder global market growth in the coming years. Flow cytometers are expensive, making them unreasonable for many emerging economies. These advanced instruments are costlier than alternatives like radioimmunoassay and enzyme-linked immunosorbent assay, with prices ranging from USD 75,000 to USD 100,000 for a four- to six-color, two-laser instrument. This levies a financial strain on small- & medium-sized hospitals & diagnostic laboratories in developing regions.
Furthermore, the mechanical complexity, large size, and necessity for highly trained personnel associated with flow cytometers limit their utility, further constraining market expansion over the forecast period.
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Flow Cytometry Market Segmentation Analysis
-By Technology
- Cell-Based Flow Cytometry
- Bead-Based Flow Cytometry
Cell-based flow cytometry dominated the market revenue share in 2023 and is projected to flourish through 2030.
-By Products & Services
- Assay & Kits
- Instruments
- Reagents & Consumables
- Software
- Services
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 Type
- Oncology - 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)
-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 Analysis
-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.
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Methodology Behind the Report
This research combines qualitative and quantitative methods, including:
- Expert interviews
- Proprietary forecasting models
- Financial and trade databases
- Government and institutional data
Forecasts are validated using top-down and bottom-up approaches to ensure accuracy and reliability.
Frequently Asked Questions About the Flow Cytometry Market
- What is the growth rate of the Flow Cytometry market from 2024–2030?
- Which segment are expected to dominate market?
- Who are the top companies and what strategies being they using?
- What are the key risks and challenges in this industry?
- How can businesses prepare for future trends?
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