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How Will the Growth Rate of the Flow Cytometry Market Shape Industry Trends by 2034?

There has been robust growth in the market size of flow cytometry in the past few years. The market, which was worth $6.88 billion in 2024, is projected to increase to $7.51 billion in 2025, depicting a compound annual growth rate (CAGR) of 9.1%. The expansion during the historical period can be credited to factors such as immunophenotyping, research on cancer, hematology, analysis of blood cells, clinical diagnostics, as well as drug discovery and development.

Anticipated to witness significant expansion in the coming years, the flow cytometry market is predicted to inflate to a size of $11.6 billion by 2029, with an impressive compound annual growth rate (CAGR) of 11.5%. The escalation during the speculated period is largely attributed to factors such as single-cell analysis, immunotherapy, car-t cell development, research in infectious diseases, biomarker discovery, and point-of-care testing (POCT). The forecast period is also expected to see prominent trends such as multicolor analysis, automation and robotics, imaging flow cytometry, data analysis and advanced informatics, as well as innovative techniques in sample preparation.

What Are the Primary Drivers Supporting the Growth of the Flow Cytometry Market?

The escalating cases of HIV worldwide is a significant factor propelling the advancement of the flow cytometry market. This is due to the fact that flow cytometry technique plays a crucial role in the diagnosis of HIV. By utilizing light scattering, this technique can identify cells and these cells are allotted certain identifiers known as CDs (clusters of differentiation), based on the scattering type. For example, as reported by the UK Health Security Agency, a government body in the UK, in October 2023, the number of HIV diagnoses surged by 22%, escalating from 3,118 cases in 2021 to 3,805 in 2022. The growing global HIV patient population is indeed increasing the need for diagnostic methods such as flow cytometry.

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Who Are the Key Market Players Influencing the Growth of the Flow Cytometry Industry?

Major companies operating in the flow cytometry market include Beckman Coulter Inc., Agilent Technologies Inc, Bio-Rad Laboratories Inc, Thermo Fisher Scientific Inc., Luminex Corporation, Miltenyi Biotec Ltd., Becton Dickinson and Company, Sysmex Corporation, Merck KGaA, Danaher Corporation, Apogee Flow Systems Ltd., Stratedigm Inc., General Electric Company, EMD Millipore Corporation, Affymetrix Inc., Biomérieux SA, Cytonome St LLC, Enzo Life Sciences Inc., Sony Biotechnology Inc., Life Technologies Corporation, ACEA Biosciences Inc., Takara Bio Inc., Union Biometrica Inc., Cytek Biosciences Inc., Nexcelom Bioscience LLC, Verity Software House Inc., Spectral Cytometry Systems GmbH, InstruNor AS

What Key Market Trends Are Shaping the Future of the Flow Cytometry Industry?

Major operators in the flow cytometry market, such as Beckman Coulter Life Sciences, are concentrating on product development, particularly research-grade flow cytometers, to boost the accuracy and clarity in cell analysis. Notably, research-grade flow cytometers gain use in scientific examinations for studying the physical and chemical properties of cells or particles traversing a fluid stream. Such instruments offer superior sensitivity and resolution for multiparametric cellular analysis by incorporating advanced optical systems and software that detects numerous fluorescent markers, proving particularly crucial for research in immunology, oncology, and cell biology. In a notable development in March 2024, US-based Beckman Coulter Life Sciences launched the CytoFLEX nanoflow cytometer, designed to identify nanoparticles as minute as 40 nm, making it extremely useful for exploring extracellular vesicles (EVs) and additional nanoscale bodies. The device has a sensitivity range between 1 µm and 40 nm with a 10 nm resolution, facilitating the identification of scarce cargo within EVs. This heightened sensitivity level is vital for the accurate characterization of small particle communities. The system includes six fluorescent channels and five side scatter channels, enabling extensive data gathering across various parameters simultaneously. It works with CytExpert nano software, providing an easy-to-use interface that simplifies intricate analyses while sustaining intensive research capabilities.

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What Are the Major Segments of the Flow Cytometry Market and Their Role in Driving Growth?

The flow cytometry market covered in this report is segmented –

1) By Type: Instruments, Reagents And Consumables, Software, Accessories, Services

2) By Technology: Cell-Based, Bead-Based

3) By Application: Oncology, Drug Discovery, Disease Diagnosis, Stem Cell Therapy, Organ Transplantation, Hematology

4) By End User: Hospitals And Clinics, Academia And Research Institutes, Pharmaceutical And Biotechnology Companies, Other End Users

Subsegments:

1) By Instruments: Cell Analyzers, Cell Sorters, Multi-Parameter Flow Cytometers, High-Throughput Flow Cytometers

2) By Reagents And Consumables: Antibodies, Dyes And Fluorescent Probes, Kits And Assays, Sample Preparation Consumables (Tubes, Filters)

3) By Software: Data Analysis Software, Visualization Software, Acquisition Software, Cell Sorting Software

4) By Accessories: Lasers And Optics, Filters, Flow Cells, Sample Preparation Tools

5) By Services: Maintenance And Repair Services, Calibration And Validation Services, Training And Support Services

Which Regions Are Emerging as Leaders in the Flow Cytometry Market?

North America was the largest region in the flow cytometry market in 2023. Western Europe was the second largest region in the flow cytometry market analysis. The regions covered in the flow cytometry market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

How Is the Flow Cytometry Market Defined Across Different Regions?

Flow cytometry is a technique in which cells are added to a fluid medium, which is then passed through a pulsating laser beam. The cell then scatters the beam in different directions towards receptors that capture the light and translate it into data displayed on a monitor. Flow cytometry is used to analyze characteristics of a biological cell, such as cell size, cell count, and cell complexity, using laser optics.

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