Market Size of Global Cell Sorting Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 7.30 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Cell Sorting Market Analysis
The cell sorting market is expected to register a CAGR of nearly 7.3% during the forecast period.
Due to the pandemic, all the research and development programs have been only for developing drugs and vaccines related to the coronavirus, and all other programs have come to a halt. Many biotech and pharma companies have stopped producing due to the lack of labor during the lockdown globally. The growing market has not been as expected due to the companies' disruption of research programs and less procurement of cell sorters.
The cell sorting market will show rapid growth due to the growing prevalence of HIV and cancer, expanding pharmaceutical and biotechnology industries, and technological advancements in cell sorters.
HIV continues to be a major global public health issue. The vast majority of people living with HIV are located in low- and middle-income countries. According to UnAIDs, 2020 estimates, around 38.0 million people globally had AIDS as of 2019. 1.7 million got newly infected.
Over the years, cell sorting was combined with molecular biological techniques and proteomics for characterizing metastatic and primary cancer cell populations and single tumor cells. According to Globocan, 19.29 million people got newly diagnosed with cancer for the year 2020. In 2020, an estimated 1,806,590 new cases of cancer were diagnosed in the United States, and 606,520 people died due to the disease as per National Cancer Institute. With the growing prevalence of cancer, the demand for cell sorters also increases for characterizing tumors.
However, the high cost of the devices and the lack of awareness of the advantages of these cell sorters restrain the market in the forecast period.
Cell Sorting Industry Segmentation
As per the scope of the cell sorting market report, cell sorting is a technique employed for the separation of cells based on their intracellular and extracellular properties. The intracellular properties include properties such as DNA, RNA, and protein molecule interaction and extracellular properties consist of surface protein expression and morphology of the cell. The techniques of isolating and sorting different types of a cell have unlocked many applications in research and medicinal industry. The cell sorting market is segmented by technology (fluorescence-based droplet cell sorting, magnetic-activated cell sorting (MACS), and micro-electromechanical systems (MEMS)), product and service (cell sorters, cell sorting reagents and consumables, and cell sorting services), end user (research institutions, pharmaceutical and biotechnology companies, and other end users), and geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD million) for the above segments.
By Technology | |
Fluorescence-based Droplet Cell Sorting | |
Magnetic-activated Cell Sorting (MACS) | |
Micro-electromechanical Systems (MEMS) - Microfluidics |
By Product and Service | |
Cell Sorters | |
Cell Sorting Reagents and Consumables | |
Cell Sorting Services |
By End User | |
Research Institutions | |
Pharmaceutical and Biotechnology Companies | |
Other End Users |
By Geography | ||||||||
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Global Cell Sorting Market Size Summary
The cell sorting market is poised for significant growth, driven by the increasing prevalence of diseases such as HIV and cancer, alongside advancements in pharmaceutical and biotechnology sectors. The market's expansion is supported by technological innovations in cell sorting methods, particularly fluorescence-activated cell sorting (FACS), which is renowned for its accuracy and precision in sorting single cells. Despite the challenges posed by the COVID-19 pandemic, which temporarily halted many research and development activities, the market is expected to recover and thrive due to the rising demand for accurate disease characterization and diagnosis. However, the high cost of cell sorting devices and limited awareness of their benefits may pose challenges to market growth during the forecast period.
North America leads the cell sorting market, bolstered by substantial investments in healthcare and biotechnology, as well as the region's advanced research infrastructure. The increasing incidence of cancer and infectious diseases, coupled with rising healthcare expenditures, further propels market growth in this region. The market is characterized by strategic initiatives from key players, including regional expansions, product developments, and collaborations, which aim to enhance business operations and market presence. Companies like Becton, Dickinson and Company, Miltenyi Biotec GmbH, and Bio-Rad Laboratories Inc. are at the forefront of these efforts, contributing to the market's dynamic landscape.
Global Cell Sorting Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Growing Prevalence of HIV and Cancer
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1.2.2 Expanding Pharmaceutical and Biotechnology Industries
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1.2.3 Technological Advancements in Cell Sorters
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1.3 Market Restraints
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1.3.1 High Cost of Cell Sorting Instruments
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1.3.2 Lack of Awareness Regarding the Use of Cell Sorters
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD million)
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2.1 By Technology
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2.1.1 Fluorescence-based Droplet Cell Sorting
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2.1.2 Magnetic-activated Cell Sorting (MACS)
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2.1.3 Micro-electromechanical Systems (MEMS) - Microfluidics
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2.2 By Product and Service
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2.2.1 Cell Sorters
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2.2.2 Cell Sorting Reagents and Consumables
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2.2.3 Cell Sorting Services
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2.3 By End User
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2.3.1 Research Institutions
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2.3.2 Pharmaceutical and Biotechnology Companies
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2.3.3 Other End Users
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2.4 By Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 United Kingdom
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2.4.2.3 France
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2.4.2.4 Italy
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2.4.2.5 Spain
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2.4.2.6 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 South Korea
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2.4.3.6 Rest of Asia-Pacific
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2.4.4 Middle-East and Africa
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2.4.4.1 GCC
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2.4.4.2 South Africa
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2.4.4.3 Rest of Middle East and Africa
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2.4.5 South America
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2.4.5.1 Brazil
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2.4.5.2 Argentina
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2.4.5.3 Rest of South America
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Global Cell Sorting Market Size FAQs
What is the current Global Cell Sorting Market size?
The Global Cell Sorting Market is projected to register a CAGR of 7.30% during the forecast period (2024-2029)
Who are the key players in Global Cell Sorting Market?
Becton, Dickinson and Company, Beckman Coulter, Inc. (Danaher Corporation), Bio-Rad Laboratories, Inc., Sony Biotechnology Inc. and Miltenyi Biotec GmbH are the major companies operating in the Global Cell Sorting Market.