The high-precision flow cytometry market is expected to witness strong growth in coming years. Key growth drivers include potential applications in immunology, biochemistry, microbiology, cytogenetics, chemical engineering, agronomy, molecular biology, and cytology; and also parallel innovations in stem cell research, monoclonal antibodies, computers, electronics, and fluorochrome chemistry. The global market for flow cytometers is projected to reach $1.4 billion by 2010.
San Jose, California (PRWEB) April 28, 2008 -- Research and clinical laboratories are the largest end-use segments of cytometry equipments. Clinical labs are the conventional growth drivers while the research segment, spurred by increasing use in pharmaceutical, biotech and discovery tools companies, is expected to be the major factor driving growth over the next few years. Developing reagents, assays, instruments, and testing services customized to pharmaceutical research and clinical development segments is a key focus area for instrument manufacturers. Revenues in flow cytometry are derived primarily from sales of instrumentation as well as reagents. Complete integration of multiplexing platforms such as the Luminex beads into up-and-coming applications such as pharmacogenomics research; discovery of drugs targeted at genetic subpopulations; and in vitro diagnostics including specialized reference laboratory tests for clinical diagnosis and monitoring, are likely to emerge as potential sources of revenue.
Lymphocyte phenotype is a key application of flow cytometric analysis. Despite new methods such as highly specific/direct methods for assessment of immune cell function and cell subset enumeration, flow cytometry remains an important application in immune status monitoring. Another area of growing flow cytometer use is the designing human cell line for functional genomic and cell-based high throughput screening. Flow cytometers are widely used in drug discovery, biomedical research, fetal cell selection, sex selection/DNA content analysis, and stem cell sorting.
As stated by Global Industry Analysts Inc., world Flow Cytometers Market is forecast to grow at a CAGR of 11.24% over the years 2011 through 2015. In Asia-Pacific, the market is projected to grow at a CAGR of 11.73% over the years 2000 through 2010. The market for flow cytometers is characterized by relatively fewer players, given the high levels of investments required.
Key players dominating the global flow cytometers market include Bangs Laboratories Inc, Beckman Coulter Inc, BD, Partec GmbH, Guava Technologies Inc., and Luminex Corp.
The report titled "Flow Cytometers: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, competitive scenario, product overview, application areas, technology overview, product introductions/innovations, and recent industry activity. The study also analyzes market data and analytics in value sales for regions such as United States, Canada, Japan, Europe, Asia-Pacific, and Latin America.
For more details about this research report, please visit http://www.strategyr.com/Flow_Cytometers_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
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