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Clinical Applications of Flow Cytometry Instrumentation and Reagents are Transforming this Market with a High-Growth Path

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Frost & Sullivan

31 Aug, 2015, 14:32 GMT

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Emerging active partnerships are leveraging the demand from underdeveloped countries to quantitate CD4 cell markers in HIV patients, finds Frost & Sullivan 

MOUNTAIN VIEW, California, Aug. 31, 2015 /PRNewswire/ -- With increasing clinical applications, the global market for flow cytometry is experiencing a rise in active partnerships. The primary reason for this is the demand in underdeveloped nations to quantitate CD4 cell markers in human immunodeficiency virus (HIV) patients.

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New analysis from Frost & Sullivan, Analysis of the Global Flow Cytometry Market (http://www.frost.com/nf0e), finds the market earned revenues of $2.50 billion in 2014 and estimates this to reach $3.52 billion in 2018 at a compound annual growth rate of 8.9 percent.

For complimentary access to more information on this research, please visit: http://bit.ly/1TkPHzs.

Revenues from reagents for clinical applications will be greater than the profits from research-use-only reagents. This is because the demand for in vitro diagnostic kits is high for several clinical applications, such as the analysis of leukemia and lymphoma, enumeration of stem cells, diagnosis of HIV infection and immunodeficiency diseases, as well as quality control.

On account of the vast clinical applications of flow cytometry, markers for conditions, such as sepsis and cardiac diseases, are also being explored. This will open up new markets and applications for clinical reagents.

"As multicolor flow cytometry is becoming a reality, applications, like immunophenotyping, will benefit from the advanced properties of these products," said Frost & Sullivan Healthcare Senior Industry Analyst Divyaa Ravishankar. "In addition to this novel technology, the pharmaceutical and biotechnology segments may employ multiparametric capabilities to monitor clinical trials."

However, in the U.S., the uncertainty of laboratory developed test regulations threatens growth in the flow cytometry market. The consolidation of core clinical facilities and the limited availability of reimbursements are added hindrances to market development. In European countries, severe cuts within the life science's funding will restrict investments in new equipment. The sale of refurbished and used instruments could further exacerbate the impact on new sales.

However, the proliferation of less expensive, mid-throughput systems created a market for these products among cell biologists and protein researchers. With smaller hospitals and research groups in favor of benchtop systems and low-cost, easy-to-use flow cytometry products with a small footprint, lucrative opportunities await providers in the low-mid range analyzer segment.

"From a provider's standpoint, potential game-changing strategies include the use of microfluidic technologies and newer focusing techniques such as microcapillary and acoustic focusing," noted Ravishankar. "Acoustic focusing has a major advantage as the cells are decoupled from hydrodynamic forces and sheath sample flow rates can be adjusted to one's needs. Microcapillary focusing is attractive since it enables a laser beam to focus on a small section of the tube, serving as a test volume."

For success in this market, product differentiation strategies surrounding data analysis software will be important. Most of the data analysis packages sold today have overlapping features making it crucial to explore innovative ways to stand out. Enabling connectivity, automation capabilities and seamless data management abilities to handle the data from multicolor flows will eventually prove essential.

Analysis of the Global Flow Cytometry Market is part of the Transformational Health (http://ww2.frost.com/research/industry/healthcare/life-sciences) Growth Partnership Service program. Frost & Sullivan's related studies include: 2015 Global Survey on Flow Cytometry Adoption Trends, Analysis of the US and European Diabetes Diagnostics Market and Analysis of the Western European Laboratory Information Management System Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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Analysis of the Global Flow Cytometry Market
NF0E-52

Contact:
Kayla Belcher
Corporate Communications – North America
P: +1.210.247.2450
F: +1.210.348.1003
E: kayla.belcher@frost.com

http://www.frost.com

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