North America Flow Cytometry Market to Observe Prominent CAGR Growth of 12.6% by 2030
North America Flow Cytometry Market report highlights the most important market insights that take the business to the highest level of growth and success. The research, analysis and estimations about the market have been performed with the reliable knowledge in this industry analysis report. The report focuses on important aspects of the market that include but are not limited to historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the HEALTHCARE industry. North America Flow Cytometry Market analysis document helps to obtain information about all the above factors by giving actionable market insights and comprehensive market analysis.
North America flow cytometry market is driven by the factors such as the increasing prevalence of chronic diseases, growing demand for new technologies in the flow cytometry market, which enhances its demand, as well as increasing investment in research and development, which leads to market growth. Currently, healthcare expenditure has increased across developed and emerging countries which is expected to create a competitive advantage for manufacturers to develop new and innovative flow cytometry markets. However, the high cost of flow cytometry instruments is anticipated to restrain the growth of the North America flow cytometry market.
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North America flow cytometry market report provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an analyst brief, and our team will help you create a revenue impact solution to achieve your desired goal. The scalability and business expansion of the retail units in the developing countries of various regions and partnership with suppliers for the safe distribution of machine and drug products are the major drivers which propelled the demand of the market in the forecast period.
North America flow cytometry market is expected to gain market growth in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 12.6% in the forecast period of 2023 to 2030 and is expected to reach USD 6,984.82 Million by 2030 from USD 2,725.01 Million in 2022.
Fundamental Aim of this Market Report
- Factors influencing This Market Size and growth rate.
- Major alterations to this market in the near future.
- Notable Market rivals around the world.
- Future Scope and Product Outlook
- Future-promising emerging markets.
- The Market Presents Difficult Challenges and Threats.
Market Overview:
Flow cytometry is a key process for screening cells from a heterologous cell mixture used in cell sorting, counting, protein regeneration, and engineering. The analysis of cell surface and intracellular molecule expression, the characterization and definition of various cell types in a heterogeneous cell population, the evaluation of the purity of isolated subpopulations, and the measurement of cell size and volume are all common uses for flow cytometry. It enables the simultaneous examination of multiple parameters for a single cell. A flow cytometer uses lasers to produce light, which is subsequently dispersed by the sample’s cells, recorded by detectors, and converted into signals for analysis and measurement.
The increasing innovations and technologies and rising number of players in the market, and novel product launches are also propelling the growth of the North America flow cytometry market.
Drivers
- Rising prevalence of chronic diseases
These increasing prevalence and incidences of chronic diseases are likely to drive market growth by focusing on cytometry devices. The increasing incidences of diseases lead to an increase in the North America market as many companies are investing in research and development. This resulted in the enormous lead in demand for advancements to diagnose the disease through quick and accurate techniques.
For instance,
- In January 2021, according to a World Health Organization report, cancer became the major cause of death in 2020, with 10 million in approximation, where often cases were of breast cancer (2.26 million), lung (2.21 million), colon and rectum (1.93 million); prostate (1.41 million), skin (1.20 million) and stomach (1.09 million)
Therefore, this is raising the demand for North America flow cytometry market.
- Increasing application of cytometry instruments
Technological developments in cytometry instruments are rising by combining several new techniques to provide high resolution and sensitivity to quantify new entities of cells.
The immunophenotypic analysis is important not only for the initial diagnosis and categorization of acute leukemia, chronic lymphoproliferative disorders, and malignant lymphomas but also for their treatment. Flow cytometry can be used as a sensitive assay to track patients’ improvement after chemotherapy or transplantation and detect minimal residual illness (MRD).
For instance,
- In March 2021, Beckman Coulter introduced a CytoFLEX platform that can easily provide multicolor applications, resulting in broadening the technology’s laser and color options and causing more technical advancements in this field. The company combined many technologies in CytoFLEX to produce high resolution and sensitivity
- In January 2022, Becton, Dickinson and Company, a North America medical technology company, announced that a study conducted in collaboration with the European Molecular Biology Laboratory (EMBL) and published the new BD innovation in flow cytometry that adds fluorescence imaging and image-based deaccessioning to sort individual cells at exceptionally high speed, based on the visual details of each cell rather than the type or quantity of biomarkers present. The novel method has the potential to revolutionize immunology, cell biology, and genomics research, as well as enable the development of new cell-based therapeutics
Recent Development
- In January 2022, Sony Biotechnology, Inc. presented a novel closed cell isolation system CGX10 for use in GMP-compliant cell sorting applications. With the initiative, new growth opportunities were hoped for the company. Such advances in technology will lead to cost-effectiveness, greater accuracy and portability and are likely to create future growth opportunities.
Some of the major players operating in the flow cytometry market are Thermo Fisher Scientific Inc., BD, Agilent Technologies, Inc., Nexcelom Bioscience LLC, Bio-Rad Laboratories, Inc., Sysmex Corporation, Miltenyi Biotec, Coherent Corp., Beckman Coulter, Inc. (A subsidiary of Danaher Corporation), Cytek Biosciences, bioMérieux SA, Q2 Solutions (a Subsidiary of IQVIA), Cytonome/ST, LLC, Merck KGaA, Sony Biotechnology Inc., Cell Signaling Technology, Inc., NanoCellect Biomedical, Apogee Flow Systems Ltd., Bay bioscience Co., Ltd., Stratedigm, Inc., BioLegend, Inc., NeoGenomics Laboratories, Enzo Biochem Inc., Union Biometrica, Inc., BennuBio Inc., ORLFO Technologies, Elabscience Biotechnology Inc., Takara Bio Inc., among others.
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North America Flow Cytometry Market Scope
Product
- Reagents and consumables
- Flow cytometry instruments
- Accessories
- Services
- Software
On the basis of product, the North America flow cytometry market is segmented into flow cytometry instruments, reagents and consumables, software, accessories, and services.
Technology
- Cell-based flow cytometry
- Bead-based flow cytometry
On the basis of technology, the North America flow cytometry market is segmented into cell-based flow cytometry and bead-based flow cytometry.
Application
- Research applications
- Clinical applications
- Industrial applications
On the basis of application, the North America flow cytometry market is segmented into research applications, clinical applications, and industrial applications.
End User
- Pharmaceuticals & biotechnology companies
- Academic & Research institutes
- Hospitals
- Clinical testing laboratories
- Blood bank
- Others
On the basis of end users, the North America flow cytometry market is segmented into academic & research institutes, hospitals, pharmaceutical & biotechnology companies, clinical testing laboratories, blood bank, and others.
Distribution Channel
- Retail sales
- Direct tenders
On the basis of distribution channel, the North America flow cytometry market is segmented into retail sales and direct tenders.
Key highlights of this Market report:
- Growth rate
- Remuneration prediction
- Consumption graph
- Market concentration ratio
- Secondary industry competitors
- Competitive structure
- Major restraints
- Market drivers
- Regional bifurcation
- Competitive hierarchy
- Current market tendencies
- Market concentration analysis
What benefits does the DBMR study is going to provide?
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Market Regulations
- Market Overview
Continued…
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Key Benefits of the Report:
- This study presents the analytical depiction of this industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of this market share.
- The current market is quantitatively analyzed to highlight the market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed this industry analysis based on competitive intensity and how the competition will take shape in the coming years.
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