Global flow cytometry market to be valued at $9.85b by 2033

A rise in oncology research has increased the sector’s demand.

The global flow cytometry market is expected to reach $9.85b by 2033 at a compound annual growth rate of 8.7%, said MarketsandMarkets.

The sector’s expansion is attributed to technological advancements, increasing adoption of flow cytometry products in clinical diagnostics, and the rising prevalence of chronic diseases.

A rise in oncology research has increased the demand for flow cytometry products and services.

Moreover, growing biopharmaceutical research and development and precision medicine are driving growth.

“Additionally, the integration of AI and machine learning is enhancing data analysis capabilities, further fueling market growth,” the report said.