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Cell Sorting Market Growth Analysis

The cell sorting market is expected to reach USD 247.4 Million by 2021 from USD 176.5 Million in 2016, at a CAGR of 7.0% between 2016 and 2021. Factors such as technological advancements in cell sorters, rising funding and investments for development of innovative cell sorting techniques, growing adoption of cell sorter techniques in research activities, and launch of specific reagents for specific applications are driving the growth of this market. However, factors such as the lack of awareness and technical knowledge regarding the use of cell sorters and high cost of instruments are hampering the growth of this market.
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
Market Restraints
  • High cost of cell sorting instruments
  • Lack of awareness and technical knowledge regarding the use of cell sorters
Market Opportunities
  • Emerging markets
  • Emergence of microfluidics technology for cell sorting
  • Growth in stem cell research
Market Challenges
  • Complexities related to reagent development
  • Inadequate infrastructure for research in emerging countries
  • Limited applications of cell sorting technology in clinical settings
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