Flow cytometry is a technique used
to examine microscopic particles, with the help of fluids, by passing them
through an electronic detection apparatus. This technology has a number of
applications like molecular biology and immunology but has its major
applications in medicine, especially in areas like genetics and chemotherapy.
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Based on the applications, flow
cytometry products are used for monitoring and examining patients. Advancements
in the technology and the development of new analysis techniques in combination
with medical diagnostics have created favorable conditions for growth. The
advanced flow cytometry products market is currently small but there is tremendous
potential for growth largely due to various medical advancements.
The high growth areas include:
- Stem Cell Research.
- CD4 Testing.
- Immunology and Vaccine
Development.
Geographically, flow cytometry
products are divided into four major regions with North America, being
technologically advanced, has the largest market share followed by Europe, Asia
Pacific, and the rest of the world. Developing economies like China, India,
Brazil, and Russia have tremendous potential for growth.
The flow cytometry products market
is primarily driven by an increase in the number of patients across the world.
Although it is costly in nature, it helps detect fatal diseases.
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