Flow imaging microscopy provides valuable information about the size, shape, and concentration of particles present in pharmaceutical formulations and other samples. It enables characterization of formulations at a single-particle level by capturing high-resolution digital images, which helps ensure drug safety and efficiency.
The global Flow Imaging Microscopy Analysis Market is estimated to be valued at US$ 98 Million in 2023 and is expected to exhibit a CAGR Of 8.7% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The pharmaceutical and biotechnology industry has witnessed increased adoption of flow imaging microscopy due to stringent regulations regarding drug development and manufacturing. Regulatory bodies such as the FDA require in-depth characterization of active pharmaceutical ingredients (APIs) and drug products. Flow imaging microscopy helps manufacturers comply with various standards set by regulatory agencies through precise particle sizing and detailed analysis at a single particle level. This has driven the growth of flow imaging microscopy in the pharmaceutical and biotechnology domain over the past few years. Further, continuous technological advancements have enhanced the capabilities of flow imaging microscopy systems in providing detailed analysis of complex samples. This is expected to boost the adoption of flow microscopy during the forecast period.
Segment Analysis
The global flow imaging microscopy analysis market is dominated by the particle characterization segment. This segment uses flow imaging microscopy to analyze and characterize particles based on their sizes, shapes, textures, and other physical properties. It finds wide application in bioprocessing, pharmaceuticals, semiconductors, and other industries to analyze micron-sized particles in suspension. The ability of flow imaging microscopy to rapidly acquire high-resolution images and derive quantitative data on a large number of particles in real-time makes it immensely useful for particle characterization applications.
Key Takeaways
The Global Flow Imaging Microscopy Analysis Market Demand is expected to witness high growth over the forecast period due to increasing investments in life science research from biopharmaceutical companies and growing demand for advanced particle characterization techniques from various process industries.
Regional analysis:
North America currently dominates the global market due to extensive adoption of flow imaging microscopy in the pharmaceutical and biotechnology industries in the region. Asia-Pacific is expected to grow at the fastest rate driven by rising R&D expenditures, increasing biomanufacturing activities, and supportive government policies promoting innovation in countries like China and India.
Key players:
The major players operating in the flow imaging microscopy analysis market are ProteinSimple, Fluid Imaging Technologies, Occhio, Fritsch , Micromeritics, Sympatec, and Phenom-World. ProteinSimple offers the Wes Flow Imaging System used for bioprocess development and quality control applications. Fluid imaging Technologies provides instrumentation and software solutions under the FlowCam brand for particle visualization and analysis.
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