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North America to Lead Flow Cytometry Market Till 2020, States Allied Market Research in Its Report Published at MarketPublishers.com
Date:1/8/2014

London, UK (PRWEB) January 08, 2014

The flow cytometry market is currently on an upward trend, driven by ongoing technological advancements alongside the advantages the flow cytometry technology has, such as easy-to-handle instruments, auto-calibration, and broader accessibility. The key restraints to the market growth include, among others, the lack of awareness amid prospective users, the increasing need for trained personnel, and high size and cost of instruments. Hospitals, commercial organisations, clinical testing laboratories, medical schools and academic institutes are the main end-users of the technology. The entrenched players of the worldwide flow cytometry market include, amid others, Morphosys AG, Partech GmbH, Beckman Coulter, Life technologies, Amnis, eBioscience Inc, Luminex Corporation, and Becton Dickinson & Co.

North America is the world’s leading flow cytometry market, and it is poised to maintain its leadership in this respect in the next seven years. In 2011, the region held a 42% share of the overall flow cytometry market and generated revenues of above USD 252 million. APAC and RoW market is likely to come second; it is anticipated to record an 11.8% CAGR in the offing and reach a value of around USD 411.3 million in 2020.

In-demand research report “Flow Cytometry Market (Products, Application, Technology, and Users) - Current Trends, Opportunities, Industry Analysis, Size, Share and Global Forecast, 2012-2020” worked out by Allied Market Research has been recently published by Market Publishers
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