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Cell Cytometry Market Revenue to Cross Over USD 5.2 Billion By 2035 | Roots Analysis

Published: February 2024

According to the recently published report by Roots Analysis, the growing preference for analytical techniques for biological studies in drug development drives the growth of the cell cytometry market.

Global Cell Cytometry Market Overview

The global cell cytometry market is anticipated to grow at a CAGR of 10% from 2023-2035, reaching USD 5.2 billion by 2035.

Cell cytometry is an advanced technology that helps to analyze the physical and chemical characteristics of the cells. This technology serves as a potential solution for the analysis of biological samples, cell characterization, cell analysis, cell cycle analysis, cell sorting, and immunophenotyping studies. Over the years, there has been a rapid increase in the demand for biologics to treat a wide range of diseases. Therefore, this cell cytometry equipment helps identify the small molecules and mechanisms of drugs for the development of target-specific therapies. The ability to analyze small molecules with higher precision helps to streamline the research and drug discovery process by reducing the screening time. Owing to the significance offered by cell cytometry in drug discovery, it is estimated that the demand for these technologies will increase in the future, which is anticipated to grow the market at a steady rate.

The 220 pages report contain detailed Table of Content on “cell cytometry market," type of cell cytometers, company size, and global forecast, 2023-2035" here: https://www.rootsanalysis.com/reports/cell-cytometry-market.html

Market Drivers

Several factors that are driving the cell cytometry market include the ongoing adoption of cell characterization strategies for drug discovery. Notably, several pharmaceutical companies are increasing the usage of flow cytometry for drug discovery and development owing to its ability to identify biomarkers and single-cell profiles based on visualization characteristics at a rate of 15,000 cells per second. Cell cytometry market is also driven by the increasing reliance on personalized medicine for the treatment of diseases. Currently, the market players are focusing on developing advanced cell cytometry solutions that help to sort cells on the basis of inner material. The ongoing research activities by the key market players are driving the market during the forecast period.

Market Restraints

The low visualization and long turnover rates are the two major market restraints that impede the growth of the market during the forecast period. Furthermore, the traditional systems are not capable of handling large samples and do not feature advanced processing software, resulting in data analysis errors. The high costs associated with the installation of cell cytometry also hinder the growth of the market. Additionally, there is a requirement for the maintenance and repair of cell cytometry equipment regularly, which further increases the cost of installing these systems for drug discovery.

Growth Factors

The expanding applications of cell cytometry, specifically flow cytometry, in clinical diagnoses such as immunology, hematology, and oncology are prominent growth factors driving the market. Additionally, increasing funding in life science research from industrial and non-industrial players, particularly in academic and research institutes, is further contributing to the growth of the cell cytometry market. Currently, the market players are focused on the development of stem cell-based therapies and immunotherapies that have surged the demand for advanced cell characterization techniques. The ongoing advancement in cell cytometry technology, including significant features such as multiplexing capability and automation, is a potential growth factor that drives the market during the forecast period.

Cell Cytometry Market Segments

Based on the Type of Cell Cytometers, the Cell Cytometry Market is segmented into High Throughput Cell Cytometers and Image Cytometers.

  • Based on the type of cell cytometers, the image cytometers will dominate the cell cytometry market, holding 57% of the revenue share by 2035. 
  • In the long run, image cytometers will grow at a higher compounded annual growth rate (CAGR) of 13% during the forecast period.

Based on the Company Size, Cell Cytometry Market is segmented into Very Small, Small, Mid-Size, Large, and Very Large Companies.

  • Based on the company size, the very large companies will dominate the market and are poised to capture 40% of the market share by 2035.
  • Mid-sized, large, and very large companies are estimated to grow at a higher CAGR of 10% during the forecast period.

Based on Geographical Region, the Cell Cytometry Market is Segmented into North America, Europe, Asia-Pacific, and Rest of the World

  • North America will dominate the cell cytometry market, capturing 35% of the overall revenue share by 2035.
  • Asia-Pacific is likely to grow at a higher CAGR of 14% during the forecast period 2023-2035.

Key Companies Profiled

The market report also includes a detailed report of key company profiles that offer unique cell cytometry solutions, including:

  • Agilent
  • Beckton Dickinson
  • Beckman Coulter Life Sciences
  • Bio-Rad
  • Chemometec
  • Milkotronic
  • Nexcelom Bioscience
  • Sartorius
  • Sony Biotechnology
  • ThermoFisher Scientific
  • Union Biometrica

You Can Download Free Sample PDF Copy of This Report At: 

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