Global Flow Cytometry Market Size & Outlook, 2023-2030
Global flow cytometry market, 2018-2030 (US$M)
Related Markets
Global flow cytometry market highlights
- The global flow cytometry market generated a revenue of USD 4,318.4 million in 2023 and is expected to reach USD 7,013.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.2% by 2030.
- In terms of segment, instruments accounted for a revenue of USD 1,528.9 million in 2023.
- Software is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Norway is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 4,318.4 million |
| Market revenue in 2030 | USD 7,013.1 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Instruments |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Reagents & Consumables, Software, Accessories, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 41.2% of the global flow cytometry market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Norway is the fastest growing regional market and is projected to reach USD 28.3 million by 2030.
Instruments was the largest segment with a revenue share of 35.4% in 2023. Horizon Databook has segmented the Global flow cytometry market based on instruments, reagents & consumables, software, accessories, services covering the revenue growth of each sub-segment from 2018 to 2030.
Flow cytometry is commonly used for the diagnosis of cancer and immunodeficiency. Increasing prevalence of these diseases is one of the factors anticipated to drive the market over the forecast period. According to WHO data, around 10 million cancer deaths were recorded in 2021 globally.
Flow cytometry is a significant tool in listing and characterizing immune cells, and it is also helpful in recognizing and validating underlying genetic defects. The technique is also used to observe and monitor the immune response of patients after stem cell transplantation, and hence, organ transplantation plays an important role in boosting the market growth.
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Flow Cytometry Market Scope
Flow Cytometry Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global flow cytometry market size, by regions, 2018-2030 (US$M)
Top 10 countries: Flow cytometry market size, 2023 (US$M)
Global flow cytometry market share, by product, 2023 & 2030 (%, US$M)
Flow cytometry market: Opportunity assessment by country
Global flow cytometry market, by region, 2023 (US$M)
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