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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 an analytical technique used to identify cells based on molecular characteristics. It is used to isolate information on specific types from different organs of the body or bodily fluids which may be difficult to separate from each other. It is widely used by researchers in immunophenotyping, cell cycle analysis, cell sorting, apoptosis, and intracellular calcium flux.
The pharmaceutical industry, tech companies, and medical diagnostics are driving explosive expansion in the field. Toxicology studies rely heavily on it since it helps investigators understand how drugs affect different cell types and how processes like cell cycle alterations and apoptosis work. It has been widely used in pharmaceutical research because of its accuracy and efficiency in assessing cell-based tests. The flow cytometry market value is impacted by significant improvements in the flow cytometer technologies, with a vision to offer improved workflows via innovation and automation. The market is driven by increasing mergers and collaborations between companies and advancements in the existing technologies for better solutions. The advent of artificial intelligence and robotics is a major driver for enhanced market value.
Flow Cytometry Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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