The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s flow cytometry market report forecasts the flow cytometry market size to grow to $9.04 Billion by 2027, with a CAGR (compound annual growth rate) of more than 9%.

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Flow Cytometry Market Size Forecast
The global flow cytometry market is expected to grow from $5.72 billion in 2022 to $6.25 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global flow cytometry market size is expected to grow to $9.04 billion in 2027 at a CAGR of 9.7%.

North America held the largest flow cytometry market share.

Key Flow Cytometry Market Driver ­– Increase In Number Of HIV Cases Globally
This is because the flow cytometry technique has its direct application in HIV diagnosis. Flow cytometry uses light scattering to determine the identity of cells. These cells are given certain markers called CDs (clusters of differentiation), based on the type of scattering. For the HIV virus cell, the clusters of differentiation is called CD4, and based on the number of CD4s in a medium, flow cytometry can be used to diagnose HIV. As the global HIV population continues to grow, the demand for diagnosis techniques such as flow cytometry is also increasing.

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Key Flow Cytometry Market Trend – Adopting High-Throughput Flow Cytometry
This is due to high speed of cell parameter processing and capability to analyze several heterogeneous cell groups at once, using this technique. Traditional cytometry methods are very slow, especially when several cells need to be tested within a day. Using high-throughput flow cytometry methods such as fluorescence-activated cell-sorting (FACS), multiple cells can be allotted fluorescent markers which can be used to analyze their parameters in quick time. Examples of companies that offer high-throughput flow cytometry solutions include AstraZeneca and Novartis.

Flow Cytometry Market Segment
1) By Type: Instruments, Reagents & Consumables, Software, Accessories, Services
2) By Technology: Cell-Based, Bead-Based
3) By End User: Hospitals And Clinics, Academia And Research Institutes, Pharmaceutical And Biotechnology Companies, Other End Users
4) By Application: Oncology, Drug Discovery, Disease Diagnosis, Stem Cell Therapy, Organ Transplantation, Hematology

Flow Cytometry Market Major Players and Strategies
Major players in the flow cytometry market are Beckman Coulter, Agilent Technologies, Bio-Rad Laboratories, Thermo Fisher, Luminex, Miltenyi Biotec, Becton Dickinson and Company, Sysmex, Merck KGAA, Danaher Corporation, Apogee, Stratedigm, General Electric Company, EMD Millipore, Affymetrix, Biomérieux S.A., Cytonome St, Enzo Life Sciences, Enzo Biochem, Sony Biotechnology, Sysmex Partec, Life Technologies, BD, ACEA BIO, and TAKARA BIO.

In February 2022, KCAS Bioanalytical and Biomarker Services, a US-based GLP and GCP-compliant development service provider, acquired FlowMetric LLc for an undisclosed amount. The acquisition would help KCAS build strong foundations in the field of analytical testing. FlowMetric is a US-based provider of flow cytometry and cellular assay services.

The Flow Cytometry Global Market Report 2023 covers regional data on flow cytometry market size, flow cytometry market trends and drivers, opportunities, strategies, and flow cytometry market competitor analysis. The countries covered in the flow cytometry market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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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