The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

As per The Business Research Company’s Cell Surface Marker Detection Global Market Report 2024, the cell surface marker detection market is expected to show significant growth in the forecast period.

The cell surface marker detection market has experienced robust growth, escalating from $5.52 billion in 2023 to $6.06 billion in 2024, boasting a substantial CAGR of 9.8%. The historical period’s success can be attributed to the expansion in biomedical research, the evolution of high-content screening, increased prevalence of chronic diseases, and a notable shift towards immunotherapy.

Anticipating Future Momentum
Projections indicate an even more rapid growth trajectory for the cell surface marker detection market, reaching $8.95 billion in 2028, with a formidable CAGR of 10.2%. The forthcoming surge is attributed to factors such as market expansion in emerging economies, a burgeoning biopharmaceutical sector, adoption of single-cell analysis, a rise in chronic and infectious diseases, and increased funding for life sciences research.

Drivers of Past Success and Future Growth
Historic Growth Factors:

• Expansion in biomedical research
• Evolution of high-content screening
• Increased prevalence of chronic diseases
• Shift towards immunotherapy

Anticipated Growth Drivers:

• Market expansion in emerging economies
• Expanding biopharmaceutical sector
• Adoption of single-cell analysis
• Rise in chronic and infectious diseases
• Increasing funding for life sciences research

The Chronic Disease Nexus
Rising Incidence Of Chronic Diseases Fuels Growth
The escalating prevalence of chronic diseases is poised to be a significant catalyst for the cell surface marker detection market’s future growth. Chronic diseases, characterized by long-term progression, require sophisticated diagnostic and monitoring tools. Cell surface marker detection plays a pivotal role in offering targeted and personalized approaches to patient care, enhancing the efficacy of therapeutic interventions.

• According to the World Health Organization (September 2022):
  • 41 million deaths globally annually
  • 74% attributed to non-communicable diseases (NCDs) or chronic diseases
  • Breakdown includes 17.9 million deaths from cardiovascular diseases, 9.3 million deaths from cancer, 4.1 million deaths from chronic respiratory diseases, and 2.0 million deaths from diabetes.

View More On The Cell Surface Marker Detection Market Report 2024 – https://www.thebusinessresearchcompany.com/report/cell-surface-marker-detection-global-market-report

Innovations Driving Market Leadership
Leadership in Analysis Systems
Major companies shaping the cell surface marker detection market landscape include Thermo Fisher Scientific Inc., Beckman Coulter Inc., and Bio-Rad Laboratories Inc. These industry giants are focusing on innovation, evident in the introduction of advanced analysis systems.

CytoSMART Technologies’ Stride in Imaging Analysis
In April 2022, CytoSMART Technologies BV launched CytoSMART Omni FL, an advanced fluorescence live-cell imaging analysis system. This system, equipped with a high-resolution CMOS camera capturing images at 30 frames per second, finds applications in stem cell biology, immuno-oncology, virology, toxicology, and neurology.

Strategic Acquisitions for Portfolio Enhancement
DiaSorin’s Strategic Move
In July 2021, DiaSorin S.p.A acquired Luminex Corporation for USD 1.8 billion. This strategic move provides DiaSorin access to Luminex’s multiplexing technology, enhancing its diagnostic portfolio and solidifying its position in the United States.

Segmentation Insights
Product Segmentation:

1. Flow Cytometry
2. Hematology Analyzers
3. Reagents and Kits

Application Segmentation:

1. Disease Diagnosis
2. Diseases Identification
3. Research for Drug Discovery
4. Cytological Academic Research

End-User Segmentation:

1. Pharmaceutical and Biotechnology Companies
2. Hospitals and Clinical Testing Laboratories
3. Academic and Research Institutes
4. Other End Users

Regional Dynamics
North America took the lead in the cell surface marker detection market in 2023, with Asia-Pacific anticipated to emerge as the fastest-growing region in the forecast period.

Conclusion: Navigating Growth Horizons
As the cell surface marker detection market charts its course, driven by advancements in biotechnology, product innovations, and technological advancements in flow cytometry, stakeholders should prepare for a future marked by innovation and sustained expansion. The convergence of cutting-edge technologies and a focus on addressing the rising incidence of chronic diseases positions the market on an upward trajectory, showcasing its pivotal role in the life sciences landscape.

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