Global Flow Cytometry Market: Information by Product & service (Reagents and Consumables), Technology (Cell-Based Flow Cytometry), Application (Research Applications and Immunology), End-User (Research Institutes, Commercial) –Global Forecast Till 2023
Market Highlights
Flow cytometry is a technique used to identify the characteristics of a cell or a particle using a laser beam. Flow cytometry is used in various research and development activities and it also has applications in medical diagnostics. The growing adoption of new technology, increasing use of flow cytometry in diagnostics, and increasing applications of flow cytometry in pharmaceutical research and development are the major factors driving the growth of the global flow cytometry market. Additionally, increasing R&D spending and aggressive strategies adopted by the top players, such as new product launches, are contributing to the growth of the market. For instance, in January 2016, Sysmex America Inc. has introduced New CyFlow monoclonal antibodies in the market, this new reagent was introduced in the American market which will be available for use in academic as well as clinical research and commercial manufacturing.
The high costs associated with flow cytometry instruments and reagents, lack of awareness about applications of flow cytometry and a shortage of technicians may hamper the growth of the market during the assessment period.
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Regional Analysis
The market in the Americas is expected to dominate the global flow cytometry market during the forecast period owing to the technological advancement, increasing prevalence of autoimmune diseases, and well-established healthcare sector in the region. The European market is expected to be the second-largest due to the increasing number of cancer patients in the region and government funding and support of the healthcare sector. Moreover, the market in Asia-Pacific is anticipated to be the fastest-growing during the forecast period owing to increasing awareness about healthcare, increasing research and development activities and favorable government initiatives for the establishment of healthcare facilities. The market in the Middle East & Africa is likely to account for the smallest share of the global flow cytometry market.
Segmentation
The global flow cytometry market has been segmented on the basis of products & services, technology, application, and end-user.
On the basis of products & services, the market has been classified as reagents and consumables, flow cytometry instruments, services, software, and accessories. The flow cytometry instruments segment has been further divided into cell analyzers and cell sorters.
The market by technology has been divided into cell-based flow cytometry and bead-based flow cytometry.
The application segment has been divided into research applications, clinical applications, and industrial applications. The research applications segment has been segmented into pharmaceutical and biotechnology and immunology. The pharmaceutical and biotechnology sub-segment has been divided into drug discovery, stem cell research, and in vitro toxicity testing. Furthermore, the immunology segment has been sub-segmented into cell sorting, apoptosis, cell cycle analysis, cell viability, cell counting, and other research applications. The clinical applications segment includes cancer, hematology, immunodeficiency diseases, organ transplantation, and other clinical applications.
The market, by end-user, has been segmented into commercial, research institutes, hospitals and clinics, and academic institutes.
Key Players
Some of the key players in the flow cytometry are Beckman Coulter, Inc., Becton, Dickinson and Company., Danaher., Thermo Fisher Scientific, Merck KGaA, Bio-Rad Laboratories, Inc., Luminex Corporation., Miltenyi Biotec, Sysmex Partec GmbH Agilent Technologies, Inc., Sony Corporation, Biomérieux S.A., and Enzo Biochem Inc.
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Industry InsightsThe global Flow Chemistry Market size is estimated to reach USD 2.39 billion by 2025, exhibiting a 9.9% CAGR during the forecast period.
Rising penetration of this technology in pharmaceutical products is likely to drive demand over the forecast period.
The technology demand is driven by growing demand for environmental friendly processes in comparison with batch manufacturing processes.The technology provides favorable properties such as controlled environment, reduced reaction steps, low maintenance and less space occupancy.
The ability of the technology to bring down production costs is expected to fuel the market growth over the forecast period.
Extensive research and significant advancements such as 3D printing, microwave irradiation, photochemistry, and gas-based processes coupled with usage of flow chemistry is likely to further augment penetration in industry applications.The lack of regulations over usage of continuous reactors in the market is expected to aid the adoption of flow chemistry technology.
High R cost and high capital associated with technology is likely to act as a restraint over the forecast period.Request a Free Sample Copy of Flow Chemistry Market Report @ https://www.millioninsights.com/industry-reports/flow-chemistry-market/request-sampleReactor InsightsCSTR reactors accounted over 40% of the market share in 2015.
Ultrasonic Flow Market:WiseGuyReports.com adds “Global Ultrasonic Flow Market Size, Status and Forecast 2020-2025” reports to its database.Executive SummaryThe Global Ultrasonic Flow Meter Market was valued at USD 1338.5 million in the year 2019.
The rise in the transmission & distribution of oil & gas by the growing number of new facilities has fueled the growth of flow control systems.
Manufacturers are focusing on innovating flow meter applications in food & beverage, and pulp & paper industries.
However, the center of focus is growing number of gas exploration projects around the world.Demand for ultrasonic flow meter is expected to rise during the forecast period, as it is a cost-effective technology and owing to its usage in various applications specific industries such as oil & gas and power sectors.
Moreover, recent development of multi-path meters and rising demand for flow meters for custody transfer applications are key factors fueling the global ultrasonic flow meter market.Request Free Sample Report @ https://www.wiseguyreports.com/sample-request/5287077-global-ultrasonic-flow-meter-market-analysis-by-measurementHowever, world trade is expected to fall by between 13% and 32% in 2020 as the COVID 19 pandemic disrupts normal economic activity and life around the globe.
Regional outbreak, weaker global demand, financial market volatility and lower oil prices will undermine consumption, investment and exports and hampering many industries including the ultrasonic flow meter market, at least in the year 2020.The United States market is anticipated to be propelled by escalating production and manufacturing activities witnessed by major industries followed by growing dominance of leading domestic market players like Badger Meter, Cameron International, Emerson, GE, Sierra Instruments and among others.Scope of the Report• The report analyses the Ultrasonic Flow Meter Market by end Users (Water & Waste Water, Oil & Gas, Chemical, Power, Others).• The report assesses the Ultrasonic Flow Meter market by measurement Technology (Transit-Time, Doppler, Hybrid).• The Global Ultrasonic Flow Meter Market has been analysed By Region (Americas, Europe, Asia Pacific, MEA) and By Country (United States, Canada, Mexico, Brazil, Germany, France, U.K, China, Japan, India).• The key insights of the report have been presented through the frameworks of SWOT and Porter’s Five Forces Analysis.
