Key factors driving growth in Cell Sorting Market –
Factors such as technological advancements in cell sorters, rising funding and
investments for development of technologically advanced cell sorters, and
growing adoption of cell sorting techniques in research activities are driving
the growth of global Cell Sorting Market. The market is further driven by
factors such as the growing prevalence of HIV/AIDS and cancer, expanding
pharmaceutical and biotechnology industries, and launch of specific reagents
for specific applications.
Cell
Sorting Market by Technology (FACS-based Droplet Sorting, MACS, Microfluidics),
Product (Cell Sorters, Reagents, Consumables), Application (Research,
Clinical), End User (Research Institutes, Biopharma Companies, Medical Schools)
How will the Cell Sorting Industry grow in coming years?
The global cell sorting market is projected to reach USD 247.4 Million by 2021, at a CAGR of 7.0%.
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The Global Cell Sorting Market is Segmented on:
1. Technology
2. Product
3. Application
4. End User
5. Geography
Cell sorters are utilized for separation and purification of various cell
populations and sub-populations from a complex mixture of cells. A cell sorter
separates the target cell population based on their intracellular or
extracellular properties (such as protein or enzyme expression; cell size and
shape; and presence of specific biomarkers). Key application of cell sorters is
in research which includes fields such as immunological research, cancer and stem
cell research, diseases diagnosis, and drug development.
Product manufacturer involved in cell sorting market are focusing on new
product development as their key growth strategy, to maintain their position in
the market and strengthen their revenue base. Companies also aim to
differentiate themselves in the highly competitive market by expanding their
product portfolios in accordance with industry trends and client needs.
Currently, leading market players are focusing on entering new markets by launching
technologically advanced and innovative products in both developed as well as
emerging markets.
The research applications segment is expected to grow at the highest CAGR
during the forecast period owing to increasing adoption of cell sorters in
various research applications, such as immunology research, stem cell research,
and drug discovery.
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Industry Market:
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Geographical Growth Analysis:
North America is expected to account for the largest share of the global
market in 2016, followed by Europe and Asia-Pacific. The Asia-Pacific market is
expected to register the highest CAGR during the forecast period. The high
growth of this regional segment can be attributed to growing prevalence of
diseases such as cancer and HIV/AIDS, increasing research initiatives, and
expansions by key players in APAC countries.
Key Market Players:
The major players in the global cell sorting
market include Becton, Dickinson and Company (U.S.), Beckman Coulter, Inc.
(U.S.), Bio-Rad Laboratories, Inc. (U.S.), Miltenyi Biotec GmbH (Germany), Sony
Biotechnology, Inc. (U.S.), Affymetrix Inc. (U.S.), Sysmex Partec GmbH (Japan),
On-Chip Biotechnologies Co., Ltd. (Japan), Cytonome/ST, LLC (U.S.), and Union
Biometrica, Inc. (U.S.).
Key players also adopted agreements and collaborations as their growth strategy
to expand their product portfolios, extend their geographic presence, and gain
access to novel technologies. For instance, in June 2016, Cytonome (U.S.)
entered into an agreement with Thermo Fisher Scientific (U.S.) to co-develop
and distribute a new line of flow cytometry cell sorting technology. This
agreement combined Thermo Fisher’s extensive channel reach capabilities and
Cytonome’s sorting technology expertise to develop innovative technologies and
strengthen its geographic reach. Likewise, in February 2015, Becton, Dickinson
and Company (U.S.) collaborated with Cellular Research, Inc. (U.S.) to jointly
promote BD’s powerful BD FACS single-cell sorting instrumentation and software
with Cellular Research’s Precise assays based on the Molecular Indexing
technology.
Other strategies adopted by market players include acquisitions and geographic
expansions to enter new markets and strengthen their positions.
