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Cell Sorting Market Market competition by top manufacturers, Growth Revenue, share, Future Forecast to 2021

[167 Pages Report] The global cell sorting market is projected to reach USD 247.4 Million by 2021, at a CAGR of 7.0% in the forecast period (2016-2021). 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 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. However, factors such as the high cost of instruments and lack of awareness & technical knowledge regarding the use of cell sorters are hampering the growth of market.

 As of 2015, 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. 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.) are some of the other players in this market.
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 Dynamics

Market Drivers

  • Technological advancements in cell sorters
  • Increasing research activities focused on cell sorting technologies
  • Increasing funding and investments for development of technologically advanced cell sorters
  • Growing prevalence of HIV and Cancer patients
  • Expanding pharmaceutical and biotechnology industry
  • Launch of novel reagents for specific applications
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