NEW YORK, Oct. 22, 2023 /PRNewswire/ -- According to Technavio, the
global flow cytometer market size is estimated to grow by
USD 6,038.44 million from 2022 to 2027. The market is estimated to grow at a CAGR of
13.12% during the forecast period. Moreover, the growth momentum will accelerate. The report also includes historic market data from 2017 to 2021. In 2017, the flow cytometer market was valued at
USD 4,397.07 million. Technavio has segmented the market based on product (reagents and consumables, instruments, and others) and end-user (pharmaceutical industry, health and diagnostic centers, and others).
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Technavio has announced its latest market research report titled Global Flow Cytometer Market 2023-2027
The
reagents and consumables segment will account for a significant share of the market's growth during the forecast period. The primary functions of these reagents and consumables include cell separation, cell detection, blocking, cell status analysis, performance control, and cell staining. The growth of this segment is attributed to factors such as a high volume of sales and a short product replacement or replenishment cycle. Such factors will drive the segment's growth during the forecast period. The report also provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market.
For more insights on the market, request a sample report
Flow cytometer market - Five forces
The global flow cytometer market is
fragmented, and the five forces analysis covers–
Bargaining power of buyers
The threat of new entrants
Threat of rivalry
Bargaining power of suppliers
Threat of substitutes
For an interpretation of Porter's five forces model – Buy the report!
Flow cytometer market – Customer landscape
The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Geography overview
Based on geography, the global flow cytometer market is segmented into North America, Europe, Asia, and Rest of World (ROW). The report provides actionable insights and estimates the contribution of all regions to the growth of the global flow cytometer market.
North America is estimated to account for 35% of the growth of the global market during the forecast period. This growth is attributed to factors such as the increasing prevalence of several infectious and chronic diseases, the growing presence of pharmaceutical companies, a rise in the development of various therapeutic drugs, and the growing adoption of advanced technologies.
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Flow cytometer market –
Market dynamics
Key factor driving market growth
The
increasing expenditure on R&D is driving the growth of the global flow cytometer market.
The increasing prevalence of diseases such as cancer, diabetes, COVID-19, heart diseases, chronic obstructive pulmonary disease (COPD), and dementia has driven the need for developing biologics and small molecules.
Pharmaceutical companies are focusing on R&D for the development of new drug molecules to enhance their product pipeline.
They are also increasing their R&D expenditure on discovering and developing novel drugs.
Thus, the growing demand for advanced technologies is expected to contribute to the growth of the global flow cytometer market during the forecast period.
Leading trends influencing the market
The
increasing level of process automation is a key trend in the market.
The level of automation has improved significantly over the last couple of decades.
Automation allows the storage of processed information and reduces the need for human intervention.
Most instruments and devices used in laboratories can be integrated into a digital ecosystem to enable seamless integration.
This will allow higher throughput, better accuracy, more energy efficiency, reduced wastage of resources, and lower operating costs in the long run.
Therefore, the global flow cytometer market is expected to grow during the forecast period.
Major challenges hindering market growth
A
shortage of skilled professionals is challenging the growth of the global flow cytometer market.
Flow cytometer instruments require advanced analysis software for various measurement procedures.
Hence, the operation of these instruments and the analysis of samples requires considerable training.
Companies should invest significantly in training their employees on the effective use of these instruments.
These devices also need high maintenance, especially for companies in the biopharmaceutical industry.
Therefore, the shortage of skilled labor, along with the growing complexity of flow cytometer instruments, will challenge the growth of the market during the forecast period.
Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!
What are the key data covered in this flow cytometer market report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the flow cytometer market between 2023 and 2027
Precise estimation of the size of the flow cytometer market and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the flow cytometer market across North America, Europe, Asia, and Rest of World (ROW)
A thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of Flow Cytometer Market vendors
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Table of contents
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (USD million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (USD million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global flow cytometer market 2017 - 2021
Exhibit 18: Historic Market Size – Data Table on Global flow cytometer market 2017 - 2021 (USD million)
4.2 Product Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 (USD million)
4.3 End-user Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 (USD million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 (USD million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (USD million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Product
6.1 Market segments
Exhibit 30: Chart on Product - Market share 2022-2027 (%)
Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
6.2 Comparison by Product
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
6.3 Reagents and consumables - Market size and forecast 2022-2027
Exhibit 34: Chart on Reagents and consumables - Market size and forecast 2022-2027 (USD million)
Exhibit 35: Data Table on Reagents and consumables - Market size and forecast 2022-2027 (USD million)
Exhibit 36: Chart on Reagents and consumables - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Reagents and consumables - Year-over-year growth 2022-2027 (%)
6.4 Instruments - Market size and forecast 2022-2027
Exhibit 38: Chart on Instruments - Market size and forecast 2022-2027 (USD million)
Exhibit 39: Data Table on Instruments - Market size and forecast 2022-2027 (USD million)
Exhibit 40: Chart on Instruments - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Instruments - Year-over-year growth 2022-2027 (%)
6.5 Others - Market size and forecast 2022-2027
Exhibit 42: Chart on Others - Market size and forecast 2022-2027 (USD million)
Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 (USD million)
Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Product
Exhibit 46: Market opportunity by Product (USD million)
7 Market Segmentation by End-user
7.1 Market segments
Exhibit 47: Chart on End-user - Market share 2022-2027 (%)
Exhibit 48: Data Table on End-user - Market share 2022-2027 (%)
7.2 Comparison by End-user
Exhibit 49: Chart on Comparison by End-user
Exhibit 50: Data Table on Comparison by End-user
7.3 Pharmaceutical industry - Market size and forecast 2022-2027
Exhibit 51: Chart on Pharmaceutical industry - Market size and forecast 2022-2027 (USD million)
Exhibit 52: Data Table on Pharmaceutical industry - Market size and forecast 2022-2027 (USD million)
Exhibit 53: Chart on Pharmaceutical industry - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Pharmaceutical industry - Year-over-year growth 2022-2027 (%)
7.4 Health and diagnostic centers - Market size and forecast 2022-2027
Exhibit 55: Chart on Health and diagnostic centers - Market size and forecast 2022-2027 (USD million)
Exhibit 56: Data Table on Health and diagnostic centers - Market size and forecast 2022-2027 (USD million)
Exhibit 57: Chart on Health and diagnostic centers - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Health and diagnostic centers - Year-over-year growth 2022-2027 (%)
7.5 Others - Market size and forecast 2022-2027
Exhibit 59: Chart on Others - Market size and forecast 2022-2027 (USD million)
Exhibit 60: Data Table on Others - Market size and forecast 2022-2027 (USD million)
Exhibit 61: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Others - Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by End-user
Exhibit 63: Market opportunity by End-user (USD million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 65: Chart on Market share by geography 2022-2027 (%)
Exhibit 66: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 67: Chart on Geographic comparison
Exhibit 68: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 69: Chart on North America - Market size and forecast 2022-2027 (USD million)
Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 (USD million)
Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 (USD million)
Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 (USD million)
Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 Asia - Market size and forecast 2022-2027
Exhibit 77: Chart on Asia - Market size and forecast 2022-2027 (USD million)
Exhibit 78: Data Table on Asia - Market size and forecast 2022-2027 (USD million)
Exhibit 79: Chart on Asia - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on Asia - Year-over-year growth 2022-2027 (%)
9.6 Rest of World (ROW) - Market size and forecast 2022-2027
Exhibit 81: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 (USD million)
Exhibit 82: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 (USD million)
Exhibit 83: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
9.7 US - Market size and forecast 2022-2027
Exhibit 85: Chart on US - Market size and forecast 2022-2027 (USD million)
Exhibit 86: Data Table on US - Market size and forecast 2022-2027 (USD million)
Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
Exhibit 89: Chart on China - Market size and forecast 2022-2027 (USD million)
Exhibit 90: Data Table on China - Market size and forecast 2022-2027 (USD million)
Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 UK - Market size and forecast 2022-2027
Exhibit 93: Chart on UK - Market size and forecast 2022-2027 (USD million)
Exhibit 94: Data Table on UK - Market size and forecast 2022-2027 (USD million)
Exhibit 95: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027
Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 (USD million)
Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 (USD million)
Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 Canada - Market size and forecast 2022-2027
Exhibit 101: Chart on Canada - Market size and forecast 2022-2027 (USD million)
Exhibit 102: Data Table on Canada - Market size and forecast 2022-2027 (USD million)
Exhibit 103: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on Canada - Year-over-year growth 2022-2027 (%)
9.12 Market opportunity by geography
Exhibit 105: Market opportunity by geography (USD million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 106: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 108: Overview on factors of disruption
11.4 Industry risks
Exhibit 109: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 110: Vendors covered
12.2 Market positioning of vendors
Exhibit 111: Matrix on vendor position and classification
12.3 Agilent Technologies Inc.
Exhibit 112: Agilent Technologies Inc. - Overview
Exhibit 113: Agilent Technologies Inc. - Business segments
Exhibit 114: Agilent Technologies Inc. - Key news
Exhibit 115: Agilent Technologies Inc. - Key offerings
Exhibit 116: Agilent Technologies Inc. - Segment focus
12.4 Amphasys AG
Exhibit 117: Amphasys AG - Overview
Exhibit 118: Amphasys AG - Product / Service
Exhibit 119: Amphasys AG - Key offerings
12.5 Apogee Flow Systems Ltd.
Exhibit 120: Apogee Flow Systems Ltd. - Overview
Exhibit 121: Apogee Flow Systems Ltd. - Product / Service
Exhibit 122: Apogee Flow Systems Ltd. - Key offerings
12.6 Becton Dickinson and Co.
Exhibit 123: Becton Dickinson and Co. - Overview
Exhibit 124: Becton Dickinson and Co. - Business segments
Exhibit 125: Becton Dickinson and Co. - Key news
Exhibit 126: Becton Dickinson and Co. - Key offerings
Exhibit 127: Becton Dickinson and Co. - Segment focus
12.7 Bio Rad Laboratories Inc.
Exhibit 128: Bio Rad Laboratories Inc. - Overview
Exhibit 129: Bio Rad Laboratories Inc. - Business segments
Exhibit 130: Bio Rad Laboratories Inc. - Key news
Exhibit 131: Bio Rad Laboratories Inc. - Key offerings
Exhibit 132: Bio Rad Laboratories Inc. - Segment focus
12.8 Cytek Biosciences Inc.
Exhibit 133: Cytek Biosciences Inc. - Overview
Exhibit 134: Cytek Biosciences Inc. - Product / Service
Exhibit 135: Cytek Biosciences Inc. - Key offerings
12.9 Danaher Corp.
Exhibit 136: Danaher Corp. - Overview
Exhibit 137: Danaher Corp. - Business segments
Exhibit 138: Danaher Corp. - Key news
Exhibit 139: Danaher Corp. - Key offerings
Exhibit 140: Danaher Corp. - Segment focus
12.10 DiaSorin SpA
Exhibit 141: DiaSorin SpA - Overview
Exhibit 142: DiaSorin SpA - Business segments
Exhibit 143: DiaSorin SpA - Key news
Exhibit 144: DiaSorin SpA - Key offerings
Exhibit 145: DiaSorin SpA - Segment focus
12.11 Enzo Biochem Inc.
Exhibit 146: Enzo Biochem Inc. - Overview
Exhibit 147: Enzo Biochem Inc. - Product / Service
Exhibit 148: Enzo Biochem Inc. - Key offerings
12.12 Miltenyi Biotec B.V. and Co. KG
Exhibit 149: Miltenyi Biotec B.V. and Co. KG - Overview
Exhibit 150: Miltenyi Biotec B.V. and Co. KG - Product / Service
Exhibit 151: Miltenyi Biotec B.V. and Co. KG - Key news
Exhibit 152: Miltenyi Biotec B.V. and Co. KG - Key offerings
12.13 Sartorius AG
Exhibit 153: Sartorius AG - Overview
Exhibit 154: Sartorius AG - Business segments
Exhibit 155: Sartorius AG - Key news
Exhibit 156: Sartorius AG - Key offerings
Exhibit 157: Sartorius AG - Segment focus
12.14 Sony Group Corp.
Exhibit 158: Sony Group Corp. - Overview
Exhibit 159: Sony Group Corp. - Business segments
Exhibit 160: Sony Group Corp. - Key news
Exhibit 161: Sony Group Corp. - Key offerings
Exhibit 162: Sony Group Corp. - Segment focus
12.15 Stratedigm Inc.
Exhibit 163: Stratedigm Inc. - Overview
Exhibit 164: Stratedigm Inc. - Product / Service
Exhibit 165: Stratedigm Inc. - Key offerings
12.16 Sysmex Corp.
Exhibit 166: Sysmex Corp. - Overview
Exhibit 167: Sysmex Corp. - Business segments
Exhibit 168: Sysmex Corp. - Key offerings
Exhibit 169: Sysmex Corp. - Segment focus
12.17 Thermo Fisher Scientific Inc.
Exhibit 170: Thermo Fisher Scientific Inc. - Overview
Exhibit 171: Thermo Fisher Scientific Inc. - Business segments
Exhibit 172: Thermo Fisher Scientific Inc. - Key news
Exhibit 173: Thermo Fisher Scientific Inc. - Key offerings
Exhibit 174: Thermo Fisher Scientific Inc. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 175: Inclusions checklist
Exhibit 176: Exclusions checklist
13.3 Currency conversion rates for USUSD
Exhibit 177: Currency conversion rates for USUSD
13.4 Research methodology
Exhibit 178: Research methodology
Exhibit 179: Validation techniques employed for market sizing
Exhibit 180: Information sources
13.5 List of abbreviations
Exhibit 181: List of abbreviations
About US
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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