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Reports And Data
The global cell sorting market is projected to reach a market size of USD 805.1 Million by 2027 and register a relatively high CAGR during the forecast period
NEW YORK CITY, NY, UNITED STATES, August 11, 2022 /EINPresswire.com/ — The global cell sorting market is projected to reach a market size of USD 805.1 Million by 2027 and register a relatively high CAGR during the forecast period, according to a recent report by Reports and Data. Cell sorting is a process of taking cells from an organism and separating them according to their type. These cells are labelled and tagged. Cell sorting market revenue is growing due to increase in research and development activities in healthcare and pharmaceutical industries. Advancements in diagnostic procedures and increase in prevalence of chronic diseases, such as diabetes and cancer, are factors also contributing to growth of the global cell sorting market.
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High prevalence of cancer is an issue of concern for governments across the globe. Rising prevalence of breast, lung, liver, and colorectal cancers is expected to drive demand for cell sorting in cancer research and in turn boost market growth in the near future. Geriatric population is also increasing rapidly worldwide, which in turn is creating a large cancer patient pool. Rise in government initiatives to improve healthcare facilities, increasing focus on research activities, and growth in funding by public and private entities are projected to drive growth of the cell sorting market over the forecast period.
However, lack of awareness regarding cell sorters and high cost of cell sorting equipment and instruments are factors expected to hamper growth of the market in the near future.
Further Key Findings from the Report Suggest:
Revenue from the reagents & consumables segment is growing due to increasing advancements and developments in sorting technologies and increase in demand for cell-labeling reagents. Increase in cell-based research in academic institutes is another factor propelling growth of the reagents & consumables segment.
The fluorescence-based droplet cell sorting segment accounted for the largest revenue share in the cell sorting market in 2019. Fluorescence-based droplet cell sorting is a highly accurate and precise sorting method, but equipment cost is relatively high and requires skilled professionals for operation.
In stem cell research, cell sorting is commonly used to isolate cells. It is a highly precise, powerful, and sensitive method with high resolution. Growing stem cell research activities are driving revenue growth of the stem cell research sub-segment in the research application segment.
North America accounted for the largest revenue share in the global cell sorting market in 2019. High investments in biotechnology and pharmaceutical industries and rise in adoption of advanced cancer research techniques are key factors fueling growth of the cell sorting market in the region.
The report also focuses on details of each market player including its global position, financial standing, revenue generation, company overview, product & service portfolio. The Cell Sorting market is extremely competitive and consists of several key players at regional and global level. Key players are focused on adopting various strategies such as new product launches, mergers and acquisitions, investments in R&D, partnerships, joint ventures and collaborations to strengthen their market position and enhance product portfolio.
Leading companies operating in the market are:
Bio-Rad Laboratories, Inc., Becton, Dickinson and Company, Miltenyi Biotec GmbH, Sysmex Partec GmbH, Beckman Coulter, Inc., On-Chip Biotechnologies Co., Ltd., Sony Biotechnology Inc., Affymetrix, Inc., Thermo Fisher Scientific, Inc., and Union Biometrica, Inc.
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The report also offers detailed insights about market segmentation based on type, application and regional bifurcation:
Cell Sorting Market Segmentation:
Product and Services Outlook (Revenue, USD Million; 2017-2027)
Reagents & Consumables
Technology Outlook (Revenue, USD Million; 2017-2027)
Magnetic-activated Cell Sorting
Fluorescence-based Droplet Cell Sorting
MEMS – Microfluidics
Application Outlook (Revenue, USD Million; 2017-2027)
Rest of Europe
Rest of APAC
Rest of LATAM
Middle East & Africa
Rest of MEA
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About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, TouchPoints, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provide our clients with the ability to secure an edge over their respective competitors.
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