ACCESS Newswire
21 May 2020, 19:19 GMT+10
Leading players in the global flow cytometry market must engage in growth-oriented strategies along with acquisition of regional players in order to boost their profitability.
ROCKVILLE, MD / ACCESSWIRE / May 21, 2020 / Rapid developments in cell biology continue to fuel the growth of flow cytometry market. Moreover, rise in chronic diseases such as cancer accentuates the demand for flow cytometry. Augmented demand for flow cytometry in studying protein-protein interaction, fluorescent protein detection, tumor characterization, and cell signaling will favor market growth, projects Fact.MR.
'Role of flow cytometry in stem cell research continues to accentuate its demand. On that premise, the market is projected to exhibit stupendous growth at approximately 11.4% CAGR over the forecast period (2020-2025). Furthermore, clinical applications will drive the revenue pool to US$ 8.1 Bn by the end of 2025,' concludes Fact.MR.
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Flow Cytometry Market - Key Findings
Flow Cytometry Market - Key Driving Factors
Flow Cytometry Market - Key Restraints
Explore 84 tables and 104 figures of the study. Request ToC of the report at-
https://www.factmr.com/report/4633/flow-cytometry-market
Impact of COVID-19 on Flow Cytometry Market
Growing impact of COVID-19 on the healthcare industry has interrupted the global supply chain leading to decline in sales. Business leaders in the global flow cytometry market are continuously analyzing the situation and the implications associated with it. The rapidly evolving situation is making even the most prominent manufacturers nervous. Flow cytometry method is used for counting specific cells based on antigens unique to that type of cell. In view of current outbreak, demand for diagnostic testing has grown manifolds. Besides monitoring the cell count is an important part of patient management. Hence, the glow cytometry market is witnessing a spike in growth which will continue through later half of 2020.
Competitive Landscape
Some of the key stakeholders featured in this Fact.MR study include, but are not limited to, Bio-Techne, SYSMEX CORPORATION, Thermo Fisher Scientific Inc., Beckman Coulter, Inc., Becton Dickinson & Company, Merck & Co., Agilent Technologies, Inc., Miltenyi Biotec, Alere Inc., and Bio-Rad Laboratories Inc. Among the aforementioned companies, Merck & Co. holds the leading share in the overall market stack. Top players continue to strengthen their product portfolio and renew their focus on organic growth strategies. Moreover, they opt for other strategies such as acquisitions for continued competitive ascendancy.
About the Report
This 170-page study offers in-depth commentary on the flow cytometry market. The study provides compelling insights on the flow cytometry market on the basis of technology (cell-based, bead-based), products & services (reagents & consumables, flow cytometry instruments, software, services), application (pharmaceutical & drug discovery, diagnostics), end users (hospital & diagnostic labs, academic & research institutions) across five regions (North America, Europe, Asia Pacific, Latin America, Middle East & Africa).
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About Fact.MR
Expert analysis, actionable insights, and strategic recommendations of the veteran research team at Fact.MR helps clients from across the globe with their unique business intelligence requirements. With a repository of over thousand reports and 1 million+ data points, the team has scrutinized the healthcare industry across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Fact.MR's latest healthcare market reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.
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SOURCE: Fact.MR
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