Flow Cytometry Services Market

Flow Cytometry Services Market: Industry Trends and Global Forecasts, till 2035 - Distribution by Service (General Flow Cytometry Services, Type of Analysis based Flow Cytometry Services, Other types of Flow Cytometry Services), Type of Accreditations, Key Players, and Key Geographical Regions

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Flow Cytometry Services Market Overview

The flow cytometry services market (services) is estimated to be worth $2.76 billion in 2022 and is expected to grow at compounded annual growth rate (CAGR) of 9.73% during the forecast period. 

First introduced in 1950s, the flow cytometry technique has gained significant attention in the past few decades. This can be attributed to the fact that flow cytometry has been demonstrated to be capable of overcoming various challenges associated with conventional analytical techniques, such as western blotting and immunohistochemistry. The key concerns related to traditional approaches include low specificity and sensitivity, time and cost intensive procedures, higher chances of producing false results. Specifically, flow cytometry analysis offers several advantages over the conventional methods intended for single cell flow cytometry analysis. For instance, using microscopy, about 6 parameters of a single cell can be detected, whereas flow cytometer instruments enable the detection of up to 30 distinct parameters. In addition, the modern flow cytometer is capable of processing over 10,000 cells per second, thereby, enabling scientists to rapidly analyze and characterize millions of cells.

Currently, flow cytometry analysis is used in a number of applications in the medical industry, including assisting in evaluation of autoimmune disorders and infectious diseases, and diagnosis of leukemia and lymphoma. The increasing prevalence of chronic conditions has led to a rise in the number of focused research efforts being carried out; this has further created a considerable demand for advanced and rapid analytical techniques to better understand the disease morphology. In this context, the adoption of flow cytometry technique has witnessed considerable growth. However, this approach often requires the use of complex and expensive flow cytometry instruments, which need to be operated by highly trained professionals. Several small and mid-sized players usually do not have the resources to make such exorbitant investments. Therefore, outsourcing has emerged as a preferred operational model for flow cytometry innovators, who rely on specialty contract service providers / flow cytometry companies to handle various aspects of flow cytometry services. 

At present, 30 players claim to offer a range of flow cytometry services, including customized assay development services, manufacturing of consumables (such as dyes and buffers) used for flow cytometry analysis, flow cytometry analysis of various immune cells for various clinical and non-clinical studies, and cell line development. Further, 25 flow cytometry companies are currently engaged in the manufacturing of novel and advanced flow cytometers. To keep pace with the increasing demand for such services, players are not only actively undertaking initiatives to improve / expand their existing offerings but also entering into strategic partnerships with several industry stakeholders to broaden their respective services portfolios. For instance, in April 2021, Agilex Biolabs acquired TetraQ in order to further broaden its portfolio for analytical services offered via flow cytometry. Driven by the increasing number of clinical studies focused on evaluating treatment modalities against chronic disorders, we believe that the flow cytometry services market is likely to witness a steady market growth during the forecast period.

This image highlights the context of Flow Cytometry Services Market report. Given the limitations of conventional techniques, such as western blotting and immunohistochemistry, stakeholders are increasingly opting for innovative technologies, such as flow cytometry for clinical and diagnostic purposes This image provides list of Flow Cytometry Service Providers.30 companies claim to offer various types of flow cytometry services; majority of these offer analysis-based flow cytometric services This image presents current market landscape of Flow Cytometry Service Providers. The current market landscape features the presence of both well-established and new firms offering a wide range of flow cytometry services; a relatively larger proportion of the players are based in North America

Key Companies in Flow Cytometry Services Market

Examples of key flow cytometry companies providing services in flow cytometry services market (which have also been profiled in this market report; the complete list of flow cytometry companies is available in the full report) include FlowMetric Life Sciences, Flow Contract Sites Laboratory, Bio-Legend, Q2 Solutions, ProImmune, MLM Medical Labs, Unilabs, Firalis and Agilex Biolabs. This market report includes an easily searchable excel database of all the flow cytometry companies providing flow cytometry service, worldwide.

Recent Developments in Flow Cytometry Services Market

Several recent developments have taken place in the field of flow cytometry services market. We have outlined some of these recent initiatives below. These developments, even if they took place post the release of our market report, substantiate the overall market trends that have been outlined in our analysis.

  • In June 2023, BD launched the new BD FACSDuet™ Premium Sample Preparation System for flow cytometric applications. The automated flow cytometry instruments utilizes liquid handling robotics for sample preparation, enhanced standardization and improved reproducibility in cellular diagnostics. 
  • In May 2023, BD Life Sciences (a subsidiary of BD) and Sehgal Path Lab launched a Centre of Excellence (CoE) for flow cytometric clinical research in Mumbai. This marks the third CoE for flow cytometry by BD in India equipped with the company’s proprietary flow cytometers, promoting the value of flow cytometry in clinical diagnostics. 
  • In May 2023, FlowMetric entered into a product integration agreement with Cytek™Biosciences. Under the terms of the agreement, FlowMetric plans to integrate the Cytek Aurora technology platform into its existing portfolio of devices and develop a novel, next generation flow cytometry instruments, enabling the use of new fluorochrome combinations.

Scope of the Flow Cytometry Services Market Report

The “Flow Cytometry Services Market by Type of General Flow Cytometric Services (Assay Development and Consumables Manufacturing), Type of Analysis based Flow Cytometric Services (PBMC Analysis, Whole Blood Cells Analysis, Bone Marrow Aspirate Analysis, Stem Cells Analysis, Rare Cells Detection, Cell Profiling and Subsetting and Intracellular Staining), Other types of Flow Cytometric Services, Type of Accreditations (Government and Third-Party Accreditations), Key Players, and Key Geographical Regions (North America, Europe, Asia Pacific and Rest of the World): Industry Trends and Global Forecasts, 2022-2035”, market report features an extensive study on the current market landscape, market size, market forecast and future opportunities for the  flow cytometry service providers market during the forecast period.

This image provides market trends of Flow Cytometry Services Market. Several players are also engaged in the manufacturing of different types of flow cytometers, including research flow cytometers and clinical flow cytometers for use across multiple application areas This image highlights the geographical distribution of Flow Cytometry Service Providers. With more than 100 facilities, flow cytometry service providers offer services across various regions around the world; majority of these facilities are based in the emerging geographies This image highlights competitive analysis of players engaged in the domain of Flow Cytometry Services domain. In pursuit of a competitive edge, stakeholders are actively expanding their existing capabilities to enhance their respective offerings and comply with the evolving industry benchmarks

The market report includes an in-depth analysis, highlighting the capabilities of various industry stakeholders engaged in flow cytometry services market.

In addition to other elements, the market research report includes:

  • A detailed review of the overall market landscape of the flow cytometry service providers, based on several relevant parameters, such as year of establishment, company size, location of headquarters, location of flow cytometry facilities, type of service(s) offered (general services, flow cytometry analysis services and other flow cytometric services). In addition, the chapter also provides information on the manufacturers and the respective flow cytometry equipment developed / being developed by them. 
  • A detailed competitiveness analysis of the flow cytometry service providers based across different geographies, by taking into consideration their service strength (based on number of services offered), accreditations (based on number of government and third-party accreditations) and supplier strength (based on total years of experience in the industry and company size).
  • Tabulated profiles of key players offering services related to flow cytometry, based across various geographies. Each profile includes a brief overview of the company, financial information (if available), details on its services portfolio, types of services offered, location of flow cytometry facilities, recent developments and an informed future outlook. 
  • An analysis of the partnerships that have been inked by various stakeholders engaged in the field of flow cytometry services market, during the period 2011-2021, covering product development agreements, research and development agreements, licensing agreements, product commercialization agreements, platform utilization agreement, technology integration agreements and other relevant types of deals. 

One of the key objectives of this market report is to provide a detailed market forecast analysis in order to estimate the existing market size and future opportunity associated with the flow cytometry services market during the forecast period. We have provided an informed estimate of the evolution of the market for the forecast period 2022-2035. Our year-wise projections of the current and future opportunity have further been segmented on the basis of region (North America, Europe and Asia-Pacific). In order to account for the uncertainties and to add robustness to our model, we have provided three market forecast scenarios, portraying the conservative, base and optimistic tracks of the market’s evolution.
The opinions and insights presented in the market research report are backed by a deep understanding of key insights generated from our secondary research. 

This image highlights the partnership activity undertaken by players engaged in Flow Cytometry Services domain. Over the past few years, there has been a significant increase in partnership activity in this domain; majority of the instances were related to merger and acquisitions  This image provides information on the current and future market trends and potential growth of Flow Cytometry Services Market. The market is anticipated to grow at an annualized rate of ~15% till 2035; the future opportunity is expected to be well distributed across key geographical regions  

All actual figures have been sourced and analyzed from publicly available information forums. Financial figures mentioned in this market report are in USD, unless otherwise specified.

Frequently Asked Questions

Question 1: What is flow cytometry?

Answer: Flow cytometry is an analytical procedure to rapidly analyze single cells or particles as they flow past single or multiple lasers.

Question 2: How big is the flow cytometry market?

Answer: The flow cytometry market size (services) is estimated to be worth $2.76 billion in 2022.

Question 3: What is the projected market growth of the flow cytometry market?

Answer: The flow cytometry market (services) is expected to grow at compounded annual growth rate (CAGR) of 9.73% during the forecast period.

Question 4: Who are the leading service providers in the flow cytometry market?

Answer: Examples of key service providers engaged in flow cytometry market (which have also been profiled in this market report; the complete list of companies is available in the full report) include FlowMetric Life Sciences, Flow Contract Sites Laboratory, Bio-Legend, Q2 Solutions, ProImmune, MLM Medical Labs, Unilabs, Firalis and Agilex Biolabs.

Question 5: How many service providers are currently engaged in the flow cytometry market?

Answer: Close to 30 service providers are currently engaged in the flow cytometry market.

Question 6: Which region is the hub for service providers engaged in the flow cytometry market?

Answer: North America emerged as the hub for service providers engaged in the flow cytometry market, with the majority of the players established in the region.

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