flow cytometry market Archives - Daily Investor Hub

Some of the major factors propelling the market growth are the high incidence and prevalence of cancer and HIV/AIDS, the growing emphasis on immunology and immuno-oncology research, the introduction of AI platforms in flow cytometry workflows, and the rise in R&D spending to create multicolor assays and cutting-edge reagents. The increased price of flow cytometry devices is still a significant barrier to the market's expansion, nevertheless. Flow Cytometry is a technique used to detect and measure physical and chemical characteristics of a population of cells or particles usually suspended in a fluid using a laser beam. The technique helps in understanding the structure and composition of cells for chromosome analysis, cancer diagnosis, protein expression, diagnosis of diseases and hematological malignancies. Most common types of flow cytometry-based proliferation assays are cell-based and bead-based assays. Today, cell-based assays are used in more than half of all high-throughput drug screenings for target validation and ADMET (absorption, distribution, metabolism, elimination and toxicity) in the early stage of drug discovery due to its enhanced accuracy and portability. On the other hand, Bead-based assays are used to study infectious diseases. Owing to advancements in molecular engineering and monoclonal antibody production, the demand for these assays is expected to rise in the coming years. Furthermore, improvements in fluorescent dyes, advancements in multicolor flow cytometry(which finds extensive applications in new drug development), development of advanced reagents and AI based software platforms and algorithms are fueling the growth of the market. Get A Free Sample of Our Research Report : https://meditechinsights.com/flow-cytometry-market/request-sample/ Growing Adoption of Flow Cytometry in Stem Cell Research Flow cytometry and cell sorting are critical tools in stem cell research. Recent advances in flow cytometric hardware, reagents and software have synergized to permit the stem cell biologist in better identifying and isolating rare cells based on their immunofluorescence and light scattering characteristics. In contrast to other methods, such as Western blot and cellular imaging, multicolor flow cytometry enable researchers to interrogate heterogeneous cell populations and analyze their subpopulations. By multiple fluorescent-labeled antibodies, researchers can obtain robust data and population-based statistics on differentiating stem cell cultures and isolate stem cells and their derivatives from primary tissue and diverse in-vitro populations. There has been extraordinary growth in stem cell research and related applied clinical practices. The current flow cytometry applications in clinical research include emphasizing immunophenotyping, enumerating reticulocyte, reticulated platelet, multiple drug resistance assays, cell function assays and apoptosis. Stem cell-based therapies are also being recommended to manage or treat COVID-19 infections. The growing market penetration in stem cell research, adoption of recombinant DNA technology for antibody production, and evolution of tandem flow cytometry technologies is expected to open growth opportunities in the market. “Flow Cytometry is turning researchers into molecular detectives and helping them to delve into the depths of diseases. It allows researchers and scientists to probe the more complex and transient cellular changes that underpin the course of disease and responses to treatment, helping them better select the right drug target”. - Senior Director, Data Sciences & Quantitative Biology, Pharmaceutical & Biotechnology Company, United States Rise in Chronic Disease Increases Flow Cytometry Utilization Rising prevalence of chronic diseases such as cancer, HIV/AIDS, hematological malignancies and others is fueling the growth of the global flow cytometry market. Flow cytometry is considered an efficient tool for clinical diagnosis of these diseases. The developments in immunology and other areas of cancer research have immensely contributed to the use of flow cytometry. Growing preference by health specialists to use allergenic and autologous stem cell therapies instead of radiation and chemotherapies is another key factor driving the market. Rising R&D investment by biotech and biopharma companies to introduce new technologies is also expected to propel the global flow cytometry market. North America Leads in terms of Adoption of Flow Cytometry Market North America dominates the global flow cytometry with >40% share, followed by Europe. Growing research activities, well-established infrastructure, rising drug discovery development and presence of leading pharmaceutical companies in this region are some of the key factors driving the market growth. In Asia Pacific, emerging economies like India and China are anticipated to grow significantly over the forecast period. Improving research infrastructure, adoption of latest technology and government support for the establishment of the pharmaceutical industry is likely to fuel the demand of flow cytometry market in this region. Competitive Landscape Analysis: Flow Cytometry Market Some of the prominent players operating in this market are Becton, Dickinson and Company, Danaher Corporation, Thermo Fisher Scientific, Inc., Luminex Corporation, Agilent Technologies, Inc., Sony Group Corporation, Bio-Rad Laboratories, Inc., Miltenyi Biotec GmbH, Apogee Flow Systems Ltd., BioMérieux S.A., Cytek Biosciences, Inc., NanoCellect Biomedical, Inc., among others. Covid-19 Impact on Flow Cytometry Market Significant progress has been made in Covid-19 diagnostic and therapeutic areas. Research institutes and biopharmaceutical companies all across the globe are conducting extensive research activities for the development of new vaccines and therapies. Rising number of clinical trials for new drug development have created a huge demand for flow cytometry solutions for research applications, which in turn is expected to drive the flow cytometry market.

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