Cell Sorting Market |Geographic Growth Snapshot
- Divya D
- Feb 15, 2019
- 2 min read
The global cell sorting market is projected to reach USD 247.4 Million by 2021, at a CAGR of 7.0%. A number of factors such as technological advancements in cell sorters, growing adoption of cell sorter techniques in research activities, rising funding and investments for development of innovative cell sorting techniques, growing prevalence of HIV/AIDS and cancer, and launch of specific reagents for specific applications are fueling the growth of the cell sorting market.
Geographically, North America is expected to hold the largest share of the global cell sorting market in 2016, followed by Europe. However, the Asia-Pacific market is expected to register the highest CAGR during the forecast period. Factors such as growing prevalence of diseases such as cancer and HIV/AIDS, expansions by key players in APAC countries, and increasing research initiatives are stimulating the growth of the cell sorting market in the Asia-Pacific region.
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This research categories the global Cell Sorting Market on the basis of:
Technology Product Application End User
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.
Market Opportunities:
Emerging markets
Emergence of microfluidics technology for cell sorting
Growth in stem cell research
Know more in detail analysis of global 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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