Flow Cytometry Market Expected To Reach USD 11553.44 Mn by

United States, New York, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Dotmatics, a prominent company in R&D scientific software that integrates science, data, and decision-making, recently finalized the purchase of EasyPanel. This rapidly expanding company specializes in software for designing flow cytometry panels. This purchase was a major achievement for Dotmatics, as it improved their flow cytometry solutions with enhanced panel design features. EasyPanel was the 14th company acquired by Dotmatics as part of its continued commitment to provide top-notch scientific software. The addition boosted Dotmatics' all-encompassing scientific intelligence platform, backing diverse scientific research and development. This growth highlighted Dotmatics' dedication to providing scientists with advanced tools for making data-based decisions and improving R&D processes.

Introspective Market Research is thrilled to announce the release of its newest report, "Flow Cytometry Market." This comprehensive analysis reveals that the global Flow Cytometry market, valued at USD 5679.43 million in 2023, is on a trajectory of significant growth, projected to reach USD 11553.44 million by 2032. This upward momentum corresponds to a robust CAGR of 8.21% over the forecast period from 2024 to 2032.

Flow cytometry is a laser-based technique used to analyze the physical and chemical properties of single cells or particles. It enables the simultaneous assessment of multiple parameters, such as cell surface and intracellular molecules, using fluorescently labeled antibodies or ligands. This method is widely employed in research and diagnostics for tasks like characterizing heterogeneous cell populations, assessing cell size and volume, and determining the purity of isolated subpopulations. A specialized application, fluorescence-activated cell sorting (FACS), allows for sorting different cell populations based on specific characteristics.

Multicolor flow cytometry enhances this approach by enabling the analysis of multiple markers on thousands of cells in seconds. Fluorescent markers help define various cell types in complex populations, evaluate subpopulation purity, and analyze cell shape and size. The process involves preparing single-cell suspensions, staining with labeled antibodies, and analyzing the cells using a flow cytometer. This technique provides valuable insights into cellular composition, function, and interactions.

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Flow cytometry is a laser-based laboratory test used to detect chemical and physical characteristics of cells or particles. By analyzing thousands of cells in seconds, it provides detailed information on cell size, shape, and molecular markers. This technique is commonly used in healthcare to examine bone marrow, peripheral blood, and other bodily fluids. It plays a critical role in diagnosing and monitoring various conditions, including infectious diseases, immune disorders, and cancers like leukemia and lymphoma. Flow cytometry's ability to identify specific cell types and analyze their properties makes it invaluable for both research and clinical applications.

Key Industry Insights

Rising Incidence of Long-term and Communicable Illnesses

The rising prevalence of chronic diseases, like cancer and autoimmune disorders, is fueling the need for flow cytometry. Its importance lies in its ability to detect biomarkers, assess immune reactions, and categorize cell groups, making it essential in diagnostics and monitoring, particularly for diseases that necessitate careful cellular examination.

Advancements in Flow Cytometry Technology

Continuous technological innovations, such as multicolor flow cytometry and enhanced data analysis software, have expanded the capabilities of flow cytometers. These advancements allow for more detailed, high-throughput analyses, making flow cytometry increasingly attractive for clinical and research applications.

Expanding Applications in Research and Diagnostics

Flow cytometry is widely used in immunology, hematology, oncology, and stem cell research. Its applications in areas like drug discovery, cell sorting, and personalized medicine are expanding as researchers leverage its precision and versatility for developing targeted therapies.

Rising Demand for Personalized Medicine

The growing shift towards personalized medicine, which requires detailed cellular and molecular profiling, boosts the adoption of flow cytometry. Its ability to analyze specific biomarkers and cell types supports tailored treatment plans and advances precision healthcare.

Increased investments in the fields of biotechnology and pharmaceuticals.

Biotechnology and pharmaceutical firms are making significant investments in flow cytometry for the purpose of drug discovery and development. Its role in the development pipeline is strengthened by its utilization in clinical trials for safety and efficacy evaluations, which increases market demand.

How can spectral flow cytometry and omics integration improve personalized medicine?

New technologies like spectral flow cytometry and combining flow cytometry with other omics techniques offer great potential for enhancing cellular analysis. Spectral flow cytometry improves upon conventional techniques by identifying and examining a wider range of fluorescence signals, enabling scientists to differentiate between more markers at the same time. This technology increases the ability to analyze cells at a more advanced level, especially in challenging samples such as tumor environments or immune cell groups, leading to more accurate diagnoses and treatment findings.

Combining flow cytometry with additional omics methods, like transcriptomics and proteomics, results in a comprehensive strategy for investigating cellular function and disease mechanisms. This collaboration allows scientists to connect flow cytometry-based phenotypic data with genetic and protein-based knowledge, offering a holistic understanding of cellular behavior. The progressions have the potential to fuel developments in personalized medicine, like pinpointing biomarkers for specific treatments or comprehending disease advancement on a molecular scale, providing vast opportunities for clinical and research usage.

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Key Trends of the Flow cytometry Market

Microfluidic Flow Cytometry

Microfluidic flow cytometry represents a significant advancement in the field of flow cytometry by leveraging miniaturization and portability. These devices allow for smaller, more compact flow cytometers that can be used in point-of-care settings and remote locations, expanding their applicability to field testing. Additionally, microfluidic systems require far less sample volume, making them highly valuable for applications where sample availability is limited. The precise control of fluid flow and particle interactions in microfluidic devices enhances both sensitivity and specificity, allowing for more accurate and reliable results in diagnostics and research. This combination of portability, efficiency, and enhanced performance positions microfluidic flow cytometry as a powerful tool in modern scientific and medical applications.

Multi-Parameter Flow Cytometry:

Multi-parameter flow cytometry has revolutionized cellular analysis by enabling the simultaneous measurement of multiple parameters, such as cell surface markers, intracellular proteins, and functional states. This higher-dimensional analysis enhances our understanding of cellular heterogeneity, allowing for a more nuanced view of complex biological processes, such as immune responses, disease progression, and developmental pathways. By capturing a wide array of cellular characteristics in a single experiment, it provides more accurate and detailed phenotyping, aiding in the identification of rare or previously unrecognized cell subsets.

Automation and Standardization:

Efficiency and consistency in scientific processes, like preparing samples and analyzing data, are improved by automation and standardization, thus decreasing variability across experiments. Automated procedures streamline operations, reducing human mistakes and improving consistency in studies. Creating standardized protocols and reagents allows for consistent and comparable results in various labs, which promotes data sharing and collaboration, driving scientific advancement and innovation.

Emerging Applications:

Flow cytometry is an invaluable tool in various emerging applications, particularly in the fields of cancer research, immunotherapy, stem cell research, and environmental monitoring. In cancer research, flow cytometry aids in early diagnosis, determining prognosis and monitoring how tumors respond to treatment by analyzing specific cell markers and abnormalities. This technology is also instrumental in immunotherapy, where it is used to characterize immune cell populations, assess their functionality, and track the efficacy of treatments aimed at enhancing the immune system’s ability to fight cancer. In stem cell research, flow cytometry is essential for isolating and characterizing different stem cell populations, monitoring their differentiation, and studying their proliferation, making it critical for regenerative medicine.

What challenges does the lack of cell-sorting capabilities in non-sorting flow cytometry pose for advanced research applications?

A key limitation of the flow cytometry market is the inability of non-sorting instruments to isolate and collect specific cell types. While these systems excel in analyzing cellular properties, they cannot physically separate cells based on their characteristics. This limitation poses a challenge for researchers who require isolated cell populations for downstream applications, such as functional studies, single-cell sequencing, or therapeutic development.

The absence of sorting functionality restricts the utility of non-sorting flow cytometers in advanced research areas, limiting their appeal to users who need both analysis and isolation capabilities. As a result, many labs must invest in additional fluorescence-activated cell sorting (FACS) systems, which can be costly and complex to operate. Addressing this gap by integrating efficient sorting mechanisms into standard flow cytometry systems could unlock new opportunities and broaden the market’s application scope.

Key Manufacturers

Identify the main players and organizations in a particular industry or market that have a strong impact on its dynamics. Recognizing these important individuals is crucial for grasping competitive positioning, market trends, and strategic opportunities.

• Becton, Dickinson and Company (BD) (USA)
• Beckman Coulter, Inc. (USA)
• Thermo Fisher Scientific, Inc. (USA)
• Merck KGaA (Germany)
• Bio-Rad Laboratories, Inc. (USA)
• Agilent Technologies, Inc. (USA)
• Sysmex Corporation (Japan)
• Luminex Corporation (USA)
• Miltenyi Biotec GmbH (Germany)
• Sony Biotechnology Inc. (USA)
• Stratedigm, Inc. (USA)
• Cytek Biosciences (USA)
• Apogee Flow Systems Ltd. (UK)
• BioLegend, Inc. (USA)
• ACEA Biosciences, Inc. (USA)
• Cytonome/ST LLC (USA)
• Union Biometrica, Inc. (USA)
• Fluidigm Corporation (USA)
• Nexcelom Bioscience LLC (USA)
• Biospherix, Ltd. (USA)
• NanoCellect Biomedical, Inc. (USA)
• On-chip Biotechnologies Co., Ltd. (Japan)
• Enzo Life Sciences, Inc. (USA)
• Takara Bio Inc. (Japan)
• Sartorius AG (Germany)
• Mindray Medical International Limited (China) and Other Key Players

In May 2024, Agilent Technologies Inc. announced the launch of the NovoCyte Opteon Spectral Flow Cytometer, marking a major advancement in flow cytometry technology. This innovative system set a new standard for acquiring, analyzing, and reporting flow data across a wide range of applications, from basic research to drug discovery and therapy development. The NovoCyte Opteon offered configurations with three to five lasers and supported up to 73 high-quality detectors. It addressed the need for complex, large-panel flow cytometry assays while retaining the user-friendly features that defined the NovoCyte portfolio.

In February 2024, Cytek Biosciences acquired the Flow Cytometry & Imaging (FCI) business unit from DiaSorin through a transaction involving Luminex Corporation, a wholly-owned subsidiary of DiaSorin. This agreement, announced by DiaSorin and Cytek Biosciences, involved the sale of all assets related to the FCI business unit. The FCI business unit, which Luminex had acquired in October 2018, was centered around both conventional flow cytometry and image-based flow cytometry instrumentation, offering insights into cellular phenotypes and morphology. The unit included dedicated commercial, operations, R&D, and support personnel. The transaction was expected to close within 30 days.

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Key Segments of Market Report

By Technology:

Cell-based flow cytometry plays a vital role in clinical diagnostics, particularly for cancer detection, treatment monitoring, and identifying minimal residual disease. It is also essential for diagnosing hematological disorders like leukemia and lymphoma, immune profiling, and transplant monitoring. In cell biology, it aids in studying the cell cycle, apoptosis, and interactions, while in stem cell research, it tracks differentiation for potential therapies. Advances in multicolor flow cytometry, improved fluorescence detection, and automated systems have enhanced efficiency and data analysis, driving increased adoption in clinical settings. FDA approvals, standardization efforts, and rising investments in cancer and immunology research further fuel its growth and application across various research and diagnostic fields.

By End-User:

Flow cytometry plays a vital role in medical diagnostics, aiding in cancer detection, monitoring hematological disorders, identifying immunodeficiencies, testing for infections, and supporting organ transplant evaluations. It is integral to personalized treatment plans, allowing doctors to track disease progression and adjust therapies, especially for cancer patients undergoing chemotherapy or immunosuppressive treatments. By offering accessible, accredited testing in healthcare facilities, flow cytometry ensures prompt and accurate diagnoses. Its findings are integrated into digital medical records, streamlining patient care and enabling collaborative decision-making among healthcare professionals, all while adhering to strict regulatory and quality standards for reliable results.

By Region:

North America, particularly the US and Canada, is poised to dominate the flow cytometry market due to its advanced healthcare infrastructure, cutting-edge clinical labs, and leadership in research and development. With significant investments from entities like the NIH and private organizations, the region drives innovation in flow cytometry technologies, including lasers, dyes, and software. Strong biopharmaceutical sectors, supportive regulations from agencies like the FDA, and the presence of major companies further fuel the demand for flow cytometry platforms and services, making North America a key player in the market.

Furthermore, the strong regulatory framework in North America facilitates the quick advancement and market release of flow cytometry products, appealing to manufacturers. The FDA's explicit rules for approval simplify the process for diagnostic tests and medical devices, promoting innovation and market entry. Due to continuous progress in cancer research, immunology, and stem cell studies, flow cytometry is crucial in examining intricate cell populations, further broadening its uses in healthcare and biopharmaceutical sectors in the area. The research emphasis, technological advancements, and regulatory backing make North America a frontrunner in the worldwide flow cytometry market.

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Comprehensive Offerings:

Market Size and Competitive Landscape (2017–2023): A detailed analysis of the market size and the competitive environment over recent years.

Pricing Trends and Regional Price Analysis (2017–2023): A review of past pricing trends and data across different regions.

Market Size, Share, and Forecast by Segment (2024–2032): Forecasts and insights into the market size, share, and expected growth by segment.

Market Dynamics: A comprehensive analysis of growth drivers, challenges, opportunities, and major trends, with a focus on regional variations.

Trend Analysis: Evaluation of emerging trends influencing the market environment.

Trade Overview: An examination of import and export patterns and their impact on market dynamics.

Market Segmentation: A detailed analysis of market segments and sub-segments, including a regional breakdown.

Competitive Landscape: Strategic profiles of key players in various regions, along with competitive benchmarking.

PESTLE Analysis: An evaluation of the market based on political, economic, social, technological, legal, and environmental factors.

Porter’s Five Forces Analysis: An examination of the competitive forces that affect the market.

Industry Value Chain Analysis: A look at the value chain to identify key stages and contributors.

Legal and Regulatory Framework by Region: An analysis of the legal environment and its implications for business operations.

Strategic Opportunities and SWOT Analysis: Identification of profitable business opportunities, along with a SWOT analysis.

Conclusion and Strategic Recommendations: Final insights and actionable recommendations for stakeholders.

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