Asia Pasific Flow Cytometry Market
Asia-Pacific flow cytometry market is expected to reach USD 2,670,923.63 thousand by 2031 from USD 1,175,438.59 thousand in 2023, growing with a CAGR of 10.9% in the forecast period of 2024 to 2031.
Market Segmentation
Asia-Pacific Flow Cytometry Market, By Product (Flow Cytometry Instruments, Reagents and Consumables, Software, Accessories, and Services), Technology (Cell-Based Flow Cytometry and Bead-Based Flow Cytometry), Application (Research Applications, Clinical Applications, and Industrial Applications), End User (Academic & Research Institutes, Hospitals, Pharmaceutical & Biotechnology Companies, Clinical Testing Laboratories, Blood Banks, and Others), Distribution Channel (Retail Sales and Direct Tenders), Country (China, South Korea, Japan, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, rest of Asia-Pacific) - Industry Trends and Forecast to 2031
Overview of Asia-Pacific Flow Cytometry Market Dynamics
Drivers
• Rising prevalence of chronic diseases
• Increasing application of cytometry instruments
• Increase in use of flow cytometry in drug discovery
• Growth in stem cell research and acquisition of recombination of DNA technologies
Restraints
• High cost of flow cytometry instruments
• Limitations of flow cytometry
• Lack of skilled professionals
Opportunities
• Increase in adoption of flow cytometry techniques in research and academia
• Development in pharmaceutical and biotechnology industries
• Strategic initiatives by market players
• Developing a pipeline of stem cell research
Challenges
• Difficulty in development and validation of flow cytometry assays
• Complexities related to reagent development
Market Players
The key market players operating in the Asia-Pacific flow cytometry market are listed below: • Sysmex Corporation
• Agilent Technologies, Inc.
• BD
• Bio-Rad Laboratories, Inc.
• Beckman Coulter, Inc.
• Sony Biotechnology Inc.
• Apogee Flow Systems Ltd.
• Cytek Biosciences
• BIOMÉRIEUX
• Merck KGaA
• Elabscience Bionovation Inc.
• Miltenyi Biotec
• Takara Bio Inc.
• Thermo Fisher Scientific Inc.
• Q2 Solutions
• CellKraft Biotech Pvt. Ltd.
• Sartorius AG
• NeoGenomics Laboratories
• Cell Signaling Technology, Inc.
• CytoBuoy
• ORFLO Technologies
• IKEDA SCIENTIFIC Co., Ltd.
• BioLegend, Inc.
• Cohorent Corp.
• Union Biometrica, Inc.
• Cytonome/ST, LLC
• Stratedigm, Inc
• NanoCellect Biomedical
• BennuBio Inc.,
• Nexcelom Bioscience LLC
• On-chip Biotechnologies Co., Ltd. Corporation
• Enzo Biochem Inc
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