Flow cytometry is a laser- or impedance-based, biophysical technology employed in cell counting, cell sorting, biomarker detection and protein engineering. The process is conducted by suspending cells in a stream of fluid and passing them through an electronic detection apparatus. The simultaneous multiparametric analysis of the physical and chemical characteristics of particles is facilitated by a flow cytometer at a speed of up to thousands of particles per second. The process is used in the diagnosis of health disorders such as blood cancers along with several applications in basic research, clinical practice, and clinical trials. Flow cytometry facilitates study of the expression of cell surface and intracellular molecules along with characterization of different cell types in a heterogeneous cell population. Moreover, flow cytometry also allows simultaneous multi-parameter analysis of single cells. The combination of technological improvements, growing research activities in life science and increasing clinical application of flow cytometry in diagnosis of HIV and cancer are some of the major factors driving growth of the flow cytometry market.

Flow cytometry is recently undergone new developments with availability of robust photodetectors and new laser emitters, use of LED lamps as emitter, and changes in analytical capacity (multidimensional analysis software). Furthermore, new approaches combining existing technologies with routine laboratory procedures, such as imaging, which makes the acquisition of images of cells possible in real time as they pass by the interrogation point are some of the major advancements in flow cytometry. The process also finds application in cytology, hematology, immunology, and microbiology, among other research fields.

Market Dynamics

Flow cytometry is quite an unexplored field, which is rapidly advancing due to technological advancements in the recent past. The increasing FDA approval for various clinical test favors the growth of flow cytometry market in near future. For instance, in 2017 the use of flow cytometer in detection of leukemia & lymphoma cancers was approved by FDA. Therefore, rising prevalence of HIV and cancer favors the growth of flow cytometer market.

Whereas, number of advantages of flow cytometer over traditional analytical methods such as, ELISA that include the ability of flow cytometer to deliver precise and accurate results in less time, with same price.

Furthermore, in 2017 there were number of product launches, which supports the growth of flow cytometry market in near future. For instance, Beckman Coulter Life Sciences received FDA approval for product named the Navios EX flow cytometer in August 2017.

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Increase in clinical applications of flow cytometry is expected to favor the flow cytometry market

The use of flow cytometry in clinical laboratory has grown substantially due to the development of smaller, user-friendly, less expensive instruments and increasing number of research application such as, immunophenotyping, cell sorting, cell cycle analysis, Apoptosis, cell proliferation assays, and intracellular calcium flux is expected to favor the growth of flow cytometry market. Besides, flow cytometry has a unique ability to investigate large cell populations at the single-cell level. This favors the adoption of flow cytometry for clinical application.

Furthermore, flow cytometry is also gaining attraction in drug discovery and development, which helps transforming every stage of preclinical and clinical development, that guide new product evaluation, selection and monitoring. Flow cytometry increases the probability of success in drug development and also allows for more informed decision making. The demand for flow cytometry is growing at all phases of development from early to late favoring the growth of flow cytometry use in industry for drug development process.

Some major players operating in the flow cytometry market are Becton Dickinson and Company, General Electric Company, Luminex Corporation, Thermo Fisher Scientific, Inc., Bio-Rad Laboratories, Inc., Miltenyi Biotec GmbH, Merck & Co Inc., Sysmex Corporation, Agilent Technologies, Inc. and Danaher Corporation.

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