Cell Sorting Market | Emerging Trends and Growth Analysis

What are the Global Growth Factors?

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.

What The Experts Says about the Market Growth?

The cell sorting market is expected to reach $247.4 Million by 2021 from $176.5 Million in 2016, at a CAGR of 7.0% between 2016 and 2021.

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On the basis of technology, the cell sorting market is broadly classified into three segments, namely, fluorescence-based droplet cell sorting, magnetic-activated cell sorting (MACS), and micro-electromechanical systems (MEMS)-microfluidics cell sorting technologies.

On the basis of product and service, the global cell sorting market is categorized into three major segments, namely, cell sorters, reagents & consumables, and services. On the basis of application, the cell sorting market is segmented into research applications and clinical applications. Based on end user, the cell sorting market is segmented into research institutions, academic institutions & medical schools, pharmaceutical & biotechnology companies, and hospitals & clinical testing laboratories.

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Geographical Analysis:

Geographically, the market is segmented into North America, Europe, Asia-Pacific, and RoW. Among the four geographic regions, North America is estimated to command the largest share of the market in 2016, followed by Europe and Asia-Pacific. Emerging markets, including India and China, have become attractive destinations for companies engaged in the development and marketing of cell sorters.

Key Market Players:

Becton, Dickinson and Company (U.S.), Beckman Coulter, Inc. (U.S.), and Bio-Rad Laboratories, Inc. (U.S.) dominated the global cell sorting market. In the past three years, these companies adopted product launches, product showcase, agreements, and partnerships as their key business strategies to ensure market dominance.

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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.

Cell sorting instruments are equipped with advanced features and functionalities, and thus are associated with high cost. Research institutions require a large number of cell sorters to carry out multiple research activities leading to a significant increase in the capital cost associated with the procurement of cell sorting products. Furthermore, academic research laboratories find it difficult to afford such instruments, due to budgetary constraints. This factor is expected to restraint the market growth in forecast period. Additionally, the use of advanced cell sorters having complex experimental setup requires relevant technical experience and knowledge of the latest cell sorter technology. In current scenario, there is lack of awareness among researchers (especially in emerging countries) about newly developed technologically advanced products, this is coupled with a dearth of skilled personnel who can effectively operate and process these instruments. These factors are expected to limit the adoption of cell sorters among end users.

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) - Forecasts to 2021

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