The flow cytometry market is driven by a range of factors, including the increasing prevalence of chronic diseases, such as cancer and HIV, and the growing demand for accurate and rapid disease diagnosis. Technological advancements in flow cytometry, such as the development of advanced software and reagents, and the integration of artificial intelligence and machine learning, are also contributing to market growth. The rising demand for stem cell research and the increasing adoption of flow cytometry in clinical trials are expected to fuel the market further. Additionally, the expansion of the pharmaceutical and biotechnology industries and the growing number of research activities in emerging economies are likely to create new growth opportunities in the market. However, high costs associated with flow cytometry systems and the lack of skilled professionals are some of the major challenges faced by the market.
The global Flow Cytometry Market is estimated to be valued at US$ 5,688.7 million in 2022 and is expected to exhibit a CAGR of 10.4% during the forecast period (2022-2030).
Top Companies in the Flow Cytometry Industry:
1. General Electric
General Electric, commonly known as GE, was founded in 1892 and is headquartered in Boston, Massachusetts. It operates in over 160 countries and is a leading provider of a wide range of healthcare technologies and solutions. In March, 2023 GE announces today that it has been selected by Ecogreen Energy to deliver its FLEXINVERTER Solar Power Station technology for the 130 MWp, 100 MWac Nigde Bor Solar power plant to be built in Nigde, Turkey.
2. BD, or Becton, Dickinson and Company
BD, or Becton, Dickinson and Company, was founded in 1897 and is headquartered in Franklin Lakes, New Jersey. It operates in over 190 countries and is a global medical technology company that focuses on improving medical discovery, diagnostics, and delivery of care. In March, 2023 BD (Becton, Dickinson and Company) a leading global medical technology company, announced that it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for the BD Vaginal Panel on the BD COR™ System, a comprehensive diagnostic test that directly detects the three most common infectious causes of vaginitis using BD's high-throughput molecular diagnostic platform for large laboratories.
3. Luminex Corporation
Luminex Corporation was founded in 1995 and is headquartered in Austin, Texas. It operates in over 100 countries and is a leading provider of innovative technologies and tools for the life sciences industry.
4. Thermo Fisher Scientific, Inc.
Thermo Fisher Scientific, Inc. was founded in 2006 and is headquartered in Waltham, Massachusetts. It operates in over 50 countries and is a global leader in scientific research and laboratory equipment, as well as clinical diagnostics and analytical technologies. In February, 2023Thermo Fisher Scientific, the world leader in serving science, and Celltrio, a leading manufacturer of robotics-based solutions for the life sciences industry, have announced their collaboration to bring a fully automated cell culture system to biotherapeutics customers.
5. Bio-Rad Laboratories, Inc.
Bio-Rad Laboratories, Inc. was founded in 1952 and is headquartered in Hercules, California. It operates in over 100 countries and provides a wide range of products and solutions for the life sciences industry. In May, 2021 Bio-Rad Laboratories, Inc. a global leader of life science research and clinical diagnostic products continues to expand diagnostics company partnerships by providing InteliQ products, a range of barcoded, load-and-go quality control tubes that provide efficiencies in workflow, in addition to Bio-Rad’s Unity QC data management solutions, which help improve a laboratory’s analytical performance.
6. Miltenyi Biotec GmbH
Miltenyi Biotec GmbH was founded in 1989 and is headquartered in Bergisch Gladbach, Germany. It operates in over 25 countries and is a leading provider of technologies and solutions for cell and gene therapy, immunology, and neuroscience research.
7. Sysmex Corporation
8. Sysmex Corporation was founded in 1968 and is headquartered in Kobe, Japan. It operates in over 190 countries and is a leading provider of clinical laboratory testing equipment and solutions. In February 28, 2023, Sysmex Corporation signed a global OEM agreement on hemostasis products with Siemens Healthcare Diagnostics Inc. under which each company will supply the other with their products in the diagnostic field of hemostasis on an OEM basis.
9. Agilent Technologies, Inc.
Agilent Technologies, Inc. was founded in 1999 and is headquartered in Santa Clara, California. It operates in over 100 countries and is a global leader in laboratory instruments, software, services, and consumables. In March, 2023 Agilent Technologies Inc. announced the acquisition of e-MSion, an early-stage company behind the innovative electron capture dissociation (ECD) technology known as the ExD cell.
10. Danaher
Danaher was founded in 1969 and is headquartered in Washington, D.C. It operates in over 60 countries and is a leading provider of science and technology solutions in various industries, including life sciences, diagnostics, and environmental and applied solutions. In November, 2022 Danaher Corporation a global science and technology innovator, today announced that it has entered a strategic partnership with Duke University to form its first Danaher Beacon for Gene Therapy Innovation.
11. Enzo Life Sciences, Inc.
Enzo Life Sciences, Inc. was founded in 1976 and is headquartered in Farmingdale, New York. It operates in over 50 countries and is a leading provider of research reagents, diagnostic tools, and drug discovery services.
12. Cytek Biosciences
Cytek Biosciences was founded in 2017 and is headquartered in Fremont, California. It operates in over 40 countries and is a leading provider of flow cytometry systems and solutions for life sciences research.
13. Sartorius AG
Sartorius AG was founded in 1870 and is headquartered in Göttingen, Germany. It operates in over 110 countries and is a leading provider of laboratory and process technologies and solutions for the biopharmaceutical industry.
14. BioLegend, Inc.
BioLegend, Inc. was founded in 2002 and is headquartered in San Diego, California. It operates in over 70 countries and is a leading provider of antibodies and reagents for biomedical research.
15. Beckman Coulter, Inc.
Beckman Coulter, Inc. was founded in 1935 and is headquartered in Brea, California. It operates in over 130 countries and is a leading provider of diagnostic solutions for healthcare and life sciences. In October, 2022 Beckman Coulter Diagnostics, a global leader in clinical diagnostics, announced it acquired StoCastic, LLC., a leading artificial intelligence company that provides evidence-based decision support for hospital emergency departments (ED).
16. Laboratory Corporation
Laboratory Corporation of America Holdings, commonly known as LabCorp, was founded in 1978 and is headquartered in Burlington, North Carolina. It operates in over 60 countries and is a leading provider of clinical laboratory testing services and diagnostic technologies.
17. MilliporeSigma
MilliporeSigma was founded in 1668 and is headquartered in Burlington, Massachusetts. It operates in over 70 countries and is a global leader in life science and high-technology research, providing a wide range of products and services for the pharmaceutical, biotech, and academic research sectors.
*Definition- Flow cytometry is a powerful technology used in biology and medicine to analyze cells and particles in a fluid suspension. It provides high-speed, quantitative analysis of physical and chemical characteristics of cells and other biological material.
