Top 9 Companies in the Flow Cytometry Market

The global flow cytometry market was valued at USD 5.29 billion in 2023, driven by the advent of artificial intelligence-enabled automated systems across the globe. The market is expected to grow at a CAGR of 7.8% during the forecast period of 2024-2032, with the values likely to rise from USD 5.71 billion in 2024 to USD 10.41 billion by 2032.

Flow cytometry is a laboratory test that uses lasers to identify variations in cells or particles, whether physical or chemical. Healthcare professionals frequently use it to assess bone marrow, peripheral blood, and other bodily fluids. Flow cytometry aids in the diagnosis of various conditions, such as infectious diseases and cancer. 

Flow cytometry is predominantly used in malignant hematology for identifying, categorizing, and tracking diseases like leukemia, lymphoma, and myeloma. Now, the method is also utilized for identifying disease-specific groups of cells in paroxysmal nocturnal hemoglobinuria.

Increasing interest in precision medicine and advancements in cell-based research are key factors boosting the flow cytometry market. The growth is driven even more by the rising use of immunology, oncology, and drug development applications. Advancements in technology, like multiplexing and high-throughput systems, improve the effectiveness and precision of flow cytometry. The increasing occurrence of chronic illnesses and the growing utilization of flow cytometry in diagnostics are also major contributors. Additionally, the market's growth is expedited by the incorporation of AI and automation in flow cytometry devices.

Challenges in the flow cytometry market include high instrument costs and limiting accessibility for smaller laboratories. Specialized training is necessary due to the complexity of the technology, which restricts its broader adoption. Compliance with regulations for medical use may cause delays in getting product approval and entering the market. Moreover, the lack of consistent protocols among platforms hinders the ability to compare data and replicate results. Factors related to the economy, such as decreased funding for research, also impact the growth of the market.

Top Companies Leading the Flow Cytometry Market in 2024

Danaher Corporation

Danaher Corporation is an international giant that focuses on industrial, medical, and commercial goods, which include flow cytometry technologies produced by its subsidiary, Beckman Coulter Life Sciences. Beckman Coulter recently unveiled the CytoFLEX SRT, a high-throughput cell sorter aimed at improving data accuracy and operational efficiency in intricate research studies.

Becton Dickinson and Company

BD, a prominent medical technology company, has a significant presence in the field of flow cytometry. Recently, BD introduced the BD FACSymphony A1 Cell Analyzer to its portfolio, a compact system designed to increase the accessibility of high-parameter analysis in laboratories.

Beckman Coulter Inc.

Beckman Coulter Inc. is a top producer of medical diagnostic devices, specializing in flow cytometry and lab automation. The company has recently introduced the CytoFLEX SRT, a new cell sorting device that enhances accuracy and efficiency in complex research projects with its high-throughput capabilities.

Apogee Flow Systems Ltd.

Apogee Flow Systems Ltd. is a specialized company that specializes in creating and manufacturing high-sensitivity flow cytometers, especially for analyzing small particles. Their compact and portable flow cytometers are recognized for their use in extracellular vesicle research and nanoparticle detection. Apogee Flow Systems recently presented improvements in their technology for analyzing small particles, enabling more accurate identification and measurement of submicron particles.

Agilent Technologies Inc.

Agilent Technologies is a renowned company for its expertise in life sciences, diagnostics, and applied chemical markets, offering creative solutions such as advanced flow cytometry systems. Agilent recently increased its range of offerings by purchasing ACEA Biosciences, which improved its expertise in flow cytometry, especially with the NovoCyte products. This purchase has enabled Agilent to provide enhanced options for studying cells, allowing scientists to conduct accurate flow cytometry with better data quality and user-friendly features.

Bio-Rad Laboratories, Inc.

Bio-Rad Laboratories is a leading provider in life science research and clinical diagnostics, providing a diverse selection of products, such as groundbreaking flow cytometry solutions. Bio-Rad recently increased its flow cytometry products by introducing the ZE5 Cell Analyzer, which aims to offer fast and flexible high-throughput and multi-parameter analysis. This advancement seeks to aid in more intricate and extensive research projects, meeting the changing requirements of researchers in immunology, cell biology, and oncology.

Thermo Fisher Scientific Inc.

Thermo Fisher Scientific Inc. is an international frontrunner in scientific research services, offering advanced technologies, which include a wide variety of flow cytometry solutions. Thermo Fisher recently expanded its range of flow cytometry products by launching the Attune CytPix Flow Cytometer, combining imaging features with conventional flow cytometry. This new development enables scientists to collect detailed images in conjunction with flow cytometry information, enhancing the capacity to study intricate cellular connections in one comprehensive process.

Miltenyi Biotec

Miltenyi Biotec is a top biotechnology company that focuses on cell separation, flow cytometry, and other research tools. Miltenyi Biotec recently broadened its flow cytometry options by releasing the MACSQuant X flow cytometer, specifically made for advanced flow cytometry and automated sample preparation. This system is especially ideal for extensive cellular analysis, offering researchers improved accuracy and efficiency for use in the fields of immunology, oncology, and stem cell research.

Sysmex Corporation

Sysmex Corporation is a renowned worldwide provider of diagnostic solutions, especially acclaimed for its advancements in hematology and laboratory automation, such as flow cytometry. Sysmex improved its flow cytometry capabilities by introducing the XF-1600 flow cytometer, which is specifically designed for high-speed and high-sensitivity cell analysis.