The global cell sorting market has the potential to grow by USD 83.63 million during 2019-2023, and the market’s growth momentum will accelerate throughout the forecast period.
This report provides a detailed analysis of the market by geography (Asia, Europe, North America, and ROW) and end-users (pharmaceutical and biotechnology companies, hospitals and clinical testing laboratories, and others). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Becton, Dickinson, and Co., Bio-Rad Laboratories Inc., Cytonome/St. LLC, Danaher Corp., Miltenyi Biotec GmbH, On-Chip Biotechnologies Co. Ltd., pluriSelect Life Science UG & Co. KG, Sony Corp., Sysmex Corp., and Thermo Fisher Scientific Inc.
Market Overview
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Market Competitive Analysis
The market is concentrated, and the degree of concentration will decrease during the forecast period. Driven by the need to increase accuracy and reduce cost, vendors are focusing on developing advanced and automated cell sorting systems. Becton, Dickinson and Co., Bio-Rad Laboratories Inc., Cytonome/St. LLC and Danaher Corp. are some of the major market participants. Though the accelerating growth momentum will offer immense growth opportunities, the risk of sample contamination will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this cell sorting market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and provides information on the products offered by various companies. Moreover, this report also includes information on the upcoming cell sorting market trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
The cell sorting market analysis report provides information on the production, sustainability, and prospects of several leading cell sorting companies, including:
- Becton, Dickinson and Co.
- Bio-Rad Laboratories Inc.
- Cytonome/St. LLC
- Danaher Corp.
- Miltenyi Biotec GmbH
- On-Chip Biotechnologies Co. Ltd.
- pluriSelect Life Science UG & Co. KG
- Sony Corp.
- Sysmex Corp.
- Thermo Fisher Scientific Inc.
Cell Sorting Market: Segmentation by Region
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The growing adoption of cell-based assays for drug screening by pharmaceutical and biotechnology companies is driving the demand for cell sorting in North America. The growth in the geriatric population in the region that is driving the growth of the pharmaceutical and biotechnology companies, hospitals, and clinical testing laboratories will also increase the adoption of cell sorting.
The region is witnessing increasing demand for cell sorting and cell-based assays. This will subsequently drive cell sorting market growth. The US and Canada are the key markets for cell sorting in North America. Over 37% of the market’s growth will originate from North America during the forecast period, and market growth in this region will be slower than the growth of the market in Asia and ROW.
Cell Sorting Market: Segmentation by End-users
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The applications of cell sorting in pharmaceutical and biotechnology companies revolve around pharmacodynamics, molecular analysis, genomic analysis, and drug delivery. The development of drugs to treat new diseases, increasing R&D expenditures, and the rising support from the government organizations will increase demand for cell sorting in the pharmaceutical and biotechnology companies sector.
As a result, cell sorting market size will steadily increase in this end-user segment during the forecast period. The report provides an accurate prediction of the contribution of all the segments to cell sorting market growth.
Cell Sorting Market: Key Drivers and Trends
Imaging and proteomics and molecular biological methods, in combination with cell sorting, have been used to characterize primary and metastatic cancer cell populations and single tumor cells. The application of cell sorting is expected to increase with the rise in the incidence of cancer across the world. End-users are proactively working on related research due to the higher rate of cancer incidence. Cell sorting of heterogenous populations of tumor-associated cells has always been a pivotal point in cancer research. Therefore, the growing applications of cell sorting in cancer research will significantly contribute to cell sorting market growth over the forecast period.
- The need for increased accuracy and lower cost has driven the increased demand for advanced and automated cell sorting systems.
- There is an increased adoption of automated systems in different sectors, including biotechnology and pharmaceuticals.
- Cell sorting technologies have enhanced the efficiency of research centers by providing a model for cancer research and screening anti-cancerous drugs.
- Healthcare centers and laboratories will benefit from standardization and automation.
- As a result of such technological advancements, the market will register a CAGR of about 7% during 2019-2023.
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Cell Sorting Market: Key Highlights of the Report for the Forecast Period 2019-2023
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the cell sorting market during the next five years
- Precise estimation of the global cell sorting market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the cell sorting industry across Asia, Europe, North America, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of cell sorting companies
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