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The global flow cytometry market is expected to be driven by the emergence of advanced techniques, like high-throughput multifunctional analysis, fast detection, higher resolution, and better cell sorting, ensuring increased efficiency in the classification and identification of newer drugs. In 2020, cell-based devices dominated the overall market and is anticipated to retain its lead over the forecast period. The increasing demand for early diagnosis, as well as the increased awareness of the advantages of cell-based research are the factors that are driving the demand in the market. In addition, the technology is commonly used in various fields of research. These measures are used for the physiological importance of the findings in drug discovery. The innovation of instruments, labels, affinity reagents, software, as well as algorithms, are the major technological advancements in cell-based research. For example, the recently introduced automated microcapillary cytometry is a time-saving and cost-effective technique for cell analysis.
North America led the global flow cytometry market in 2020 owing to supporting government policies for the advancement of advanced molecular diagnostics technologies. It is expected to maintain its dominance over the forecast years as skilled professionals are available, and awareness among consumers is higher. Because of the high incidence of cancer as well as other chronic diseases, the United States is the largest market in North America. In addition, the presence of numerous clinical and pharmaceutical laboratories in the United States is likely to contribute to the growth of the flow cytometry market.
In June 2020, Becton, Dickinson and Company (NYSE: BDX), one of the key players, announced the launch of FlowJoTM software version 10.6 for flow cytometry data analysis. The software adds new analytic capabilities and improves BD FACSDivaTM functionality, making evaluating multiple flow cytometry running and comparing data in one view simpler for consumers.
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The major key players in the global flow cytometry market include companies like Sysmex Corporation, Apogee Flow Systems Ltd., Beckman Coulter [Danaher], Becton, Dickinson and Company, bioMérieux SA, Life Technologies Corporation [Thermo Fisher Scientific], Bio-Rad Laboratories, Inc., Cytonome/ST LLC, Enzo Life Science, Inc. [Enzo Biochem, Inc.], and Merck KGaA, among others. The comprehensive report covers their market share, capacity, and latest developments like mergers and acquisitions, and capacity expansions.
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