The Global Cell Cytometry Market is driven by rising R&D investments in biotechnology and pharmaceutical industries
Cell cytometry is a laser- or impedance-based flow technology used to analyze the physical and chemical characteristics of cells or particles and usually identifies and counts cells or particles of a specific type in a heterogeneous population. Cell cytometry finds wide applications in research and clinical settings to diagnose diseases and detect cell surface molecules and intracellular antigens. The increased adoption of cell cytometry techniques in research pertaining to cancer, infectious diseases, hematology, and immunology has propelled the demand for advanced cell analysis instruments.
The cell cytometry market is estimated to be valued at USD 1.5 Bn in 2024 and is expected to reach USD 3.5 Bn by 2031, growing at a compound annual growth rate (CAGR) of 9.9% from 2024 to 2031.
Key players operating in the cell cytometry market are Becton, Dickinson and Company, Beckman Coulter, Thermo Fisher Scientific, Merck KGaA, Agilent Technologies, Luminex Corporation, Miltenyi Biotec, Bio-Rad Laboratories.
Key players are focusing on developing advanced cell analysis platforms to expand their product portfolios and consolidate market presence.
The increasing incidences of chronic and infectious diseases along with the rising R&D spending on drug development processes are fueling the demand for Cell Cytometry Market research. Moreover, the growth of the biotechnology and biopharmaceutical industries is propelling the adoption of cell analysis techniques in research related to monoclonal antibody therapeutics, stem cell research, and cancer immunotherapy.
Key players are expansion their geographical footprint through acquisitions and partnerships. For instance, in 2021, Agilent Technologies acquired Resolution Bioscience, a cell analysis company to expand its presence in cell analysis technologies. Similarly, Becton Dickinson acquired specific assets from Cytek Biosciences to strengthen their cell analysis solutions.
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