Argentina Flow Cytometry Market Size & Outlook, 2023-2030
Argentina flow cytometry market, 2018-2030 (US$M)
Related Markets
Argentina flow cytometry market highlights
- The Argentina flow cytometry market generated a revenue of USD 21.3 million in 2023 and is expected to reach USD 31.9 million by 2030.
- The Argentina market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, instruments was the largest revenue generating product in 2023.
- Software is the most lucrative product segment registering the fastest growth during the forecast period.
Flow cytometry market data book summary
| Market revenue in 2023 | USD 21.3 million |
| Market revenue in 2030 | USD 31.9 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Instruments |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Reagents & Consumables, Software, Accessories, Services |
| Key market players worldwide | Danaher Corp, BD, Sysmex Corp, Agilent Technologies, Apogee Enterprises Inc, Bio-Rad Laboratories Inc Class A, Thermo Fisher Scientific Inc, Wipro Ltd ADR, Diasorin SpA, Miltenyi Biotec, Sony Group Corp |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.5% of the global flow cytometry market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil flow cytometry market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 83.8 million by 2030.
Instruments was the largest segment with a revenue share of 36.15% in 2023. Horizon Databook has segmented the Argentina flow cytometry market based on instruments, reagents & consumables, software, accessories, services covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina is an emerging market when it comes to biologics development, as per the Information Technology and Innovation Foundation. Thus, the country is anticipated to offer moderate opportunities for flow cytometry solutions.
However, various factors such as increasing prevalence of chronic diseases, including cancer, and rising R&D activities by several public & private organizations are anticipated to boost the demand for flow cytometry products. Low affordability of advanced flow cytometry systems in the country and limited spending in pharmaceutical & biotechnology R&D sector are anticipated to limit the growth of Argentina flow cytometry market.
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Flow Cytometry Market Scope
Flow Cytometry Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina flow cytometry market size, by product, 2018-2030 (US$M)
Argentina Flow Cytometry Market Outlook Share, 2023 & 2030 (US$M)
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