Updated on 29 November 2012
Healthy growth in the bone and joint applications is primarily due to the ageing baby boomer population and escalating incidence of osteoporosis, arthritis, and several other bone and joint traumas, including knee injuries and hip fractures. Growing awareness among people for regenerative medicines and increasing usage of non-autograft products by doctors and medical personnel are also stimulating growth for these products.
Driven by the advent of technically advanced flow cytometers, enhanced fluorescent dyes, integration of multiplexing, imaging and other complementary technologies, the global market for flow cytometry is projected to reach $2.3 billion by 2018.
The global flow cytometry market is highly concentrated with only two major companies dominating the market, including Becton, Dickinson followed by Danaher/Beckman Coulter. Other leading players profiled in the study include Advanced Analytical Technologies, Amnis, Bangs Laboratories, Cytek Development, eBioscience, Life Technologies, Luminex, Merck Millipore and PointCare among others.
Long-term growth in the flow cytometer market would stem from development of next generation, point-of-care, compact systems. In terms of sophistication, newer integrated systems are increasingly incorporating innovative features, functions, and applications. Newer instruments from leading players designed to meet the high productivity requirements of researchers feature sorting rates of up to 70,000 events per second.
Several modern cytometers are equipped with varying fluorescence detectors and lasers, which enable labeling of multiple antibodies. A few recently launched instruments are also capable of taking digital images of individual cells. Despite the rapid growth forecast, lack of awareness is the main drawback for flow cytometers.