Flow Cytometry Market (Products, Application, Technology, and Users) – Current Trends, Opportunities, Industry Analysis, Size, Share and Global Forecast, 2012-2020

Date: 2015-05

“The market for flow cytometry technology consist of the products (instruments, replaceable components, Accessories, reagents, consumables, software and services), technology (cell based flow cytometer and bead based flow cytometer), applications ( Clinical – apoptosis, cell cycle analysis , cell sorting, cell viability; Research – organ transplantation, cancer, immunodeficiency disease, hematology hematological malignancies) and end users (hospitals, commercial organizations, medical schools).

The major compelling factor of flow cytometry technology is the advancement in the technology such as need for labeling multiple antibodies and multiple image capturing instruments. Comparing to other methods, the flow cytometry technology has many advantages such as accessibility in broader use, auto calibration and easy to handle instruments. They have taken over the conventional methods, due to its advantages.

Flow cytometry in immunotyping has undergone many changes; this is one of the major applications of flow cytometry. The technology provides detailed quantitative analysis about the cell counts and antigen expression. This technology is very sensitive when compared with the conventional methods. Immunophenotyping is used in the application of hematology. The cytometric analysis is easy in hematology applications due to the hematopoietic distribution system.

Key factors restraining the market include high instrument costs and size, lack of awareness among probable users and need for trained personnel. The costs of the instruments vary depending on the size, technology used and present features of the instrument. The flow cytometry technology is becoming popular for research and clinical purposes, yet there is lack of awareness among the users. Most of the users are not aware of the advanced development in the flow cytometry technology and believe that the instruments are space consuming, complex in use and are of high cost, thus affecting the market growth.

The market was analyzed as per porter鈥檚 five forces model and reveals that there is huge availability of suppliers in the market due to profitability of the market as well as availability of wide variety of products such as instrument, reagents, consumables, replaceable components, software and services. The bargaining power of the supplier is low due to many competitors present in the market and the wide range of products that are displayed by them. On the other hand, the buyers in the flow cytometry market such as pharma and biotech companies, clinical and research labs, institutes and academic areas have a higher bargaining power. Few of the reasons are for this includes cost, regulations on using specific products, compatibility, size, accuracy, speed etc. thus allowing them to choose buyers those who can meet their specific needs. The market experiences high degree of competition. Though there are chances for new entrants to come up with innovative products, high initial investment keeps small plyers out of threshold.

North America is has the highest share in revenue generated by the current flow cytometry market and is expected to remain the leading revenue generator till 2020. This region accounted for $252.2 million revenue in 2011. This comes to 42% of the global revenue of this market. Asia Pacific and RoW market is expected to be the second highest revenue generator in 2020 accounting to a revenue size of $411.3 Million in 2020. The region is expected to grow at a pace of CAGR 11.8% during the analysis period.

The major end users of the cytometry technology are the commercial organizations, medical schools, clinical testing labs, Academic institutes, hospitals. The major market players are: Beckman Coulter, Becton Dickinson & co., Life technologies, Luminex Corporation, Amnis, Merck Millipore, Morphosys AG, Advanced Analytical Technologies, Inc., Partech GmbH and eBioscience Inc.

Key Benefits of the Report

The report ranks the factors that are responsible to accelerate the market growth of flow cytometry market
Market is forecasted for period of seven years 2013 to 2020 with market revenues for 2 historic years of 2011 and 2012
Identification and analysis of key pockets of investment for flow cytometry market players
Identification of challenges that must be addressed and overcome in the flow cytometry market to achieve fiscal success throughout the market
Analysis of regulatory framework that regulates introduction of new flow cytometry products
The report identifies and profiles key market participants that would drive innovation in the flow cytometry market”

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