San Francisco Chronicle, October 26, 2010
Global Flow Cytometers Market to Exceed US$2.0 Billion by 2015, According to a New Report by Global Industry Analysts, Inc.
San Jose, California (Vocus) October 26, 2010
High-precision flow cytometry market was minimally affected during 2008 and 2009 by the recent global meltdown. Flow cytometry is expected to witness significant growth in the coming years driven by factors such as potential applications in immunology, biochemistry, microbiology, cytogenetics, chemical engineering, agronomy, molecular biology, and cytology. Further, technological advances and innovations in stem cell research, monoclonal antibodies, computers, electronics, and fluorochrome chemistry are likely to fuel growth in the market. Clinical labs are conventional growth drivers while research segment, spurred by increasing use in pharmaceutical, biotech and discovery tools companies, is expected to be the major factor driving growth in the next few years.
The United States represents the largest region for flow cytometers worldwide, as stated by the new market research report on Flow Cytometers. Research and clinical laboratories are the largest end-use segments of cytometric equipment. Europe represents the other major market for Flow Cytometers, with sales projected to reach US$488.7 million by 2012. However, fastest growth is likely to emanate from Asia-Pacific market. The market is projected to flaunt a CAGR of more than 11% over the analysis period. Outsourcing of clinical trials and research, stem cell research, multiplexing, emphasis on ART for patients infected with HIV and increase in number of corporate and professional hospitals, especially multi-specialty healthcare centers are key factors driving growth in the Asia-Pacific market.
Major players profiled in the report include Advanced Analytical Technologies Inc.; Amnis Corporation; Accuri Cytometers Inc.; Beckman Coulter Inc.; Becton, Dickinson and Company; Cytek Development Inc.; Cytopeia Inc.; Partec GmbH; TTP LabTech Ltd., among others.
The research report titled "Flow Cytometers: A Global Strategic Business Report" announced by Global Industry Analysts Inc., provides a comprehensive review of flow cytometers markets, impact of recession on the markets, current market trends, key growth drivers, recent product introductions, recent industry activity, and profiles of major/niche global as well as regional market participants. The report provides annual sales estimates and projections for Flow Cytometers market for the following geographic markets - US, Canada, Japan, Europe, Asia-Pacific, and Latin America. Also, a seven-year (2000-2006) historic analysis is provided for additional perspective.
For more details about this comprehensive market research report, please visit - www.strategyr.com/Flow_Cytometers_Market_Report.asp