Flow Cytometry Market size was valued at USD 3.97 Billion in 2022 and is poised to grow from USD 4.25 Billion in 2023 to USD 6.99 Billion by 2031, growing at a CAGR of 7.17% in the forecast period (2024-2031).
Flow cytometry market continues to flourish but with a steeper growth curve in the upcoming years with high instrument prices. The players engaged in the market are making efforts and aiming for a strong foothold with growing profits in cell sorters, benchtop analyzers, and several other products. The flow cytometry market will show momentous growth in the future due to rising cases of cancers, infections, and immune system diseases.
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Past few years have witnessed remarkable growth in computational flow cytometry since scientists are highly engaged and motivated to crack reproducibility problems and process blockages in manual gating and significantly enhance standardization in FC immunophenotyping. Novel software packages for automated data study have been developed. They use multiple clustering algorithms and machine learning to duplicate or help data analysis manual tasks, such as cell population enumeration & identification, data pre-processing, sample classification, and feature extraction. Data process visualization via algorithmic study is an important phase of the workflow and is mostly inserted in automated analysis, hence making the difference between visualization tools and pure analysis tools unclear.
Major Advancements in Fluorescent Dyes to Support Further Development of Flow Cytometry Instrumentation
Today, there is no need for a dedicated room for one instrument with the emergence of improved tools that can be kept on the lab bench. Improvements are also seen in data quality and sensitivity on the software and hardware side and simplified use. Additional benefits include easy identification of small particles, speedy acquisition times, and choice to expand throughout with robotic automation of auto-sampling. Modernizations in FC instrumentation is aided by improvements in fluorescent dyes. Lately, the advancement has comprised spectral characteristics and tunable brightness, allowing scientists to produce huge panels with less spreading and spillover. This ultimately impacts low and rare antigen density population’s resolution for better control of features of dyes. This will then help for better and more accuracy of these types of cells. Also, dyes have been improved to display better stability, spectral constancy, and lot-to-lot reproducibility, and deal with widespread trial challenges.
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- Bio-Rad Laboratories announced an agreement with Oncocyte Corporation in April 2024 to advance and sale transplant monitoring devices or instruments with the help of Bio-Rad Laboratories’ (ddPCR™) Droplet Digital™ PCR reagents and instruments.
- Sysmex to introduce Clinical Flow Cytometry System that amalgamates FC XF-1600, PS-10 sample preparation system and other associated products in May 2024 in Japan. The system helps laboratories to easily automate whole testing procedure in clinical FCM for obtaining standardization and higher efficiency testing.
- Beckman Coulter Life Sciences, in March 2024, revised 510(k) approval from the FDA to issue DxFLEX Clinical Flow Cytometer in the U.S.
- Agilent Technologies, in May 2024, presented its NovoCyteOpteon Spectral FC system. It improves flow cytometry in the modern world of accessibility. The high-tech system is a gold standard to acquire, study, and report data flow in numerous fields like therapy development, primary research to discovery of drug, and more.
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Forthcoming Years to Promise Great Potentials for Advances in Cell Identification and Isolation
The coming years will witness abundant opportunities for the improvement of probes and biomarkers for enhanced sensitivity and specificity of cell isolation and identification. Validation techniques and quality control can be adopted for guaranteeing reproducibility and reliability of differentiating data and results. Moreover, extra efforts are seen for better accessibility and affordability of FC sorting services and instruments. This will ultimately allow the scientists to use these instruments in their laboratories and clinics.
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