Flow Cytometry Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2030

Published Date : Mar 2021 | No. of Pages : 250 Pages | Category : Healthcare

The global Flow Cytometry market size is expected to be worth around US$ 21.5 billion by 2030, according to a new report by Vision Research Reports.

The global Flow Cytometry market size was valued at US$ 6.3 billion in 2020 and is anticipated to grow at a CAGR of 8.11% during forecast period 2021 to 2030.

Growth Factors

The high prevalence of chronic diseases, the introduction of technologically advanced flow cytometry solutions, and increasing R&D investments in the pharmaceutical industry are expected to propel market growth over the forecast period.

Increasing regulatory approval and the introduction of technologically advanced flow cytometry solutions are expected to facilitate market growth over the forecast period. For instance, in June 2020, Sysmex Corporation launched the XF-1600 flow cytometer for laboratories, in North America. Also, in January 2019, Beckman Coulter, a subsidiary of Danaher Corporation, expanded its clinical flow cytometry portfolio with the launch of its new ClearLLab 10C System. This newly launched integrated solution provides a standardized workflow that offers reliability and consistent clinical findings.

Technological advancements, resulting in enhanced accuracy, portability, and cost-effectiveness, are expected to present this market with future growth opportunities. Small-sized high-throughput cytometers are anticipated to gain popularity in the near future due to their associated benefits, such as ease of use and cost-effectiveness. Furthermore, improvements in fluorescent dyes and the introduction of bench-top cytometers are factors expected to drive market growth. Rapid advancements in multicolor flow cytometry, which has extensive applications in new drug development, have led to an easy cellular analysis by simultaneous evaluation of several parameters. These devices are extensively adopted by many contract research organiztion.

Report Highlights

In 2020, the instruments segment dominated the market for flow cytometry and accounted for the largest revenue share of 35.4% and is expected to maintain its dominance over the forecast period. This high share is attributed to new advancements in technology and the introduction of novel cytometers by key players. The high price of these instruments is also contributing toward the high revenue generation in this segment.

The reagents and consumables segment also held a significant revenue share in 2020 in the market for flow cytometry owing to their increased adoption in diagnostics and research. The segment is expected to register lucrative growth over the forecast period. The introduction of multiplex probes and reagents for specific applications in diagnostics as well as drug discovery is expected to increase growth opportunities by catering to the users in research laboratories and small peripheral laboratories. Furthermore, the software segment is anticipated to exhibit the fastest growth over the forecast period owing to the launch of new software platforms, facilitating automation in research activities.

The cell-based segment dominated the market for flow cytometry and held the largest revenue share of 76.6% in 2020. Increasing demand for early diagnosis and growing awareness pertaining to associated benefits of cell-based assays are factors contributing to its highest share. Furthermore, advancements in technologies of cell-based assays, such as innovation in instruments, labels, affinity reagents, software, and algorithms, are anticipated to drive adoption in the coming years.

Bead-based assays are developed to study infectious diseases. The demand for these assays is expected to show lucrative growth over the forecast period, owing to advancements in molecular engineering and monoclonal antibody production and the associated advantages, such as cost-efficiency, low sample requirement, and short turnaround time. These assays are described as indirect or sandwich immunoassay formats, which are specifically used for measuring antibody levels in biological fluids. In these assays, beads are coated with conjugated antigen molecules to measure antibodies in the fluid.

The research segment dominated the market and held the largest market share of 49.6% in 2020 and is anticipated to hold its dominance over the forecast period. This high share can be attributed to increasing R&D activities pertaining to cancer and infectious diseases, including COVID-19. In addition, increasing R&D investments in the pharmaceutical and biotechnology industry are also expected to create a conducive environment for market growth.

Clinical diagnosis is expected to be the fastest-growing segment due to the increasing demand for cost-effective disease diagnosis and associated benefits of flow cytometry in disease detection, such as faster and accurate results. Furthermore, continuous organic growth strategies by prominent players and the introduction of novel flow cytometry solutions for clinical applications are also anticipated to significantly support segment growth. For instance, in April 2019, Cytek Biosciences, a manufacturer of flow cytometry products, received Chinese FDA approval for its new flow cytometer, DxP Athena, designed for clinical diagnostic use in laboratories, hospitals, and clinics.

The commercial organization segment dominated the market for flow cytometry in 2020 with 39.5% revenue share. This dominance is credited to increasing R&D activities by commercial organizations such as pharmaceutical and biotechnology companies. In addition, expanding food industries in developing countries such as China and India are also anticipated to support segment growth.

Furthermore, increasing research activities by commercial organizations to develop effective therapeutics for life-threatening diseases such as cancer is anticipated to create high demand for flow cytometry solutions. On the other hand, the hospitals and clinical testing labs segment are anticipated to witness lucrative growth due to the increasing demand for cost-effective diagnosis of target diseases such as cancer.

North America dominated the market for flow cytometry and held the largest revenue share of 39.1% in 2020. The region is anticipated to dominate the market throughout the study period. This dominance can be attributed to high healthcare expenditure, well-established healthcare infrastructure, and high adoption of technologically advanced flow cytometry solutions in the U.S. Furthermore, the established pharmaceutical industry and extensive research activities by research universities and pharmaceutical companies have created a huge demand for flow cytometry solutions for research needs. In addition, the high prevalence of chronic and infectious diseases, including the outbreak of COVID-19, has led to an increase in the demand for flow cytometry solutions for diagnosis and research purposes.

In Asia Pacific, the market is projected to exhibit exponential growth during the forecast period. This high growth can be attributed to the extensive growth in the pharmaceutical and biotechnology industries of emerging economies, such as China and India. The lucrative growth exhibited by this region is also an outcome of continuous government support for the establishment of the pharmaceutical industry in emerging countries. Furthermore, continuous R&D activities in the field of cancer and infectious diseases, including COVID-19, are anticipated to significantly boost the demand for flow cytometry products in the region. In addition, extensive research activities by regional players for the improvement or development of innovative flow cytometry solutions are expected to support the market growth in the region over the forecast period.

Key Players

  • Danaher Corporation

  • Becton

  • Dickinson and Company

  • Luminex Corporation

  • Agilent Technologies, Inc.

  • Bio-Rad Laboratories, Inc.

  • Miltenyi Biotec

  • Sysmex Corporation

  • Stratedigm, Inc.

  • Apogee Flow Systems Ltd.

  • Sony Biotechnology, Inc.

  • Thermo Fisher Scientific, Inc.

Market Segmentation

  • Product Outlook 

    • Instruments

      • Cell Analyzers

      • Cell Sorters

    • Reagents & Consumables

    • Software

    • Accessories

    • Services

  • Technology Outlook Cell-based

    • Bead-based

  • Application Outlook 

    • Research

      • Pharmaceutical

        • Drug Discovery

        • Stem Cell

        • In Vitro Toxicity

      • Apoptosis

      • Cell Sorting

      • Cell Cycle Analysis

      • Immunology

      • Cell Viability

    • Industrial

    • Clinical

      • Cancer

      • Organ Transplantation

      • Immunodeficiency

      • Hematology

  • End-use Outlook 

    • Commercial Organizations

    • Hospitals

    • Academic Institutes

    • Clinical Testing Labs

  • Regional Outlook 

    • North America

      • U.S.

      • Canada

    • Europe

      • Germany

      • U.K.

      • Spain

      • France

      • Italy

      • Russia

    • Asia Pacific

      • Japan

      • China

      • India

      • South Korea

      • Singapore

      • Australia

    • Latin America

      • Brazil

      • Mexico

      • Argentina

    • MEA

      • South Africa

      • Saudi Arabia

      • UAE

The Flow Cytometry market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Flow Cytometry market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Flow Cytometry market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Flow Cytometry market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Flow Cytometry market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Flow Cytometry capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Flow Cytometry by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Flow Cytometry market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Flow Cytometry market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Flow Cytometry market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Flow Cytometry industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The Flow Cytometry market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Flow Cytometry market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Flow Cytometry market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Flow Cytometry market. These factors have benefited the growth of the global market for Flow Cytometry. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Flow Cytometry. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Flow Cytometry are as follows:

  • Historic Year: 2017-2020
  • Base Year: 2021
  • Forecast Year 2021 to 2030

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

To strategically profile the key players and comprehensively analyze their growth strategies.


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