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Latin America flow cytometry market is projected to reach USD 597 million by 2021, at a CAGR of 11.3%

Latin America flow cytometry market is projected to reach USD 597 million by 2021, at a CAGR of 11.3%

Latin America Flow Cytometry Market by Technology (Cell-based, Bead-based), by Product (Reagents & Consumables, Flow Cytometry Instruments), by Application (Research, Clinical, Industrial), by End-users (Commercial Organizations, Research Institutes, Clinical Testing Labs) and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)

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The Latin America Flow Cytometry market has been estimated at USD 350 Million in 2016 and is projected to reach USD 597 Million by 2021, at a CAGR of 11.3% during the forecast period from 2016 to 2021.

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Flow cytometry is a technique used to examine microscopic particles, with the help of fluids, by passing them through an electronic detection apparatus. This technology has a number of applications like molecular biology and immunology but has its major applications in medicine, especially in areas like genetics and chemotherapy.

The market for Flow Cytometry is mainly driven due to increasing research and commercialization in various life science fields, and increase in its application in clinical research and the continuous product innovation in reagents to aid diagnosis.

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But, the market growth can be constrained due to lack of awareness among the end-users about the use of the instrument and high costs of machines.

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Latin America market for Flow Cytometry is segmented based on Technology, Product, Application and End-users. By Technology, the market is further sub-segmented into Cell-based and Bead-based.

By Product, the market is further sub-segmented into Reagents & Consumables, Flow Cytometry Instruments (Cell Analyzers, Cell Sorters). By Application, the market is further sub-segmented into Research, Clinical, and Industrial.

By End-users, the market is further sub-segmented into Commercial Organizations, Research Institutes, Clinical Testing Labs, Hospitals and Academic Institutions & Medical Schools. The cell-based flow cytometry technology accounts for the largest share, by technology.

Research applications segment is accounts for the largest share, by application. The commercial organizations end-user segment accounts for the largest share, by end user.

Geographically, Latin America market for Flow Cytometry is segmented into Brazil, Argentina, Mexico and Rest of Latin America.  The Flow Cytometry market in the Latin America region is projected to grow at high CAGR, which is greatly due to ever increasing rise of HIV and cancer cases and the increasing use of flow cytometry in drug discovery which are some of the opportunities for the market to grow.

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Market Segmentation                                                                              

Technology                                                 

  • Introduction                                           
  • Cell-based                                               
  • Bead-based                                            
  • Y-o-Y Growth Analysis, By Technology                                       
  • Market Attractiveness Analysis, By Technology                                     
  • Market Share Analysis, By Technology                                       

Product                                                        

  • Introduction                                           
  • Reagents & Consumables                                 
  • Flow Cytometry Instruments                                          
    1. Cell Analyzers                     
    2. Cell Sorters                          
  • Y-o-Y Grow
  • Market Attractiveness Analysis, By Product                                            
  • Market Share Analysis, By Product                                              

Application                                                 

  • Introduction                                           
  • Research Applications                                        
    1. Pharmaceutical & Biotechnology                               
    2. Immunology                       
    3. Apoptosis                            
    4. Cell Cycle Analysis                            
    5. Cell Sorting                          
    6. Cell Viability                        
    7. Other Research Applications                       

End-users                                                    

  • Introduction                                           
  • Commercial Organizations                                
  • Hospitals                                  
  • Academic Institutions & Medical Schools                                  
  • Clinical Testing Labs                                            
  • Research Institutes                                            
  • Y-o-Y Growth Analysis, By End-users                                          
  • Market Attractiveness Analysis, By End-users                                        
  • Market Share Analysis, By End-users    

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