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The rapid development of healthcare infrastructure, technological advances in single-cell analysis tools, increased investments in cancer research, and a rise in the biotechnology and biopharmaceutical businesses have stimulated the market growth in North America. The rising incidence of chronic diseases and public awareness has also increased diagnostic research. The studied market is projected to have good growth potential during the pandemic period, as evidenced by the adoption of the single-cell analysis technique in the SARS-CoV2 virus investigation.
In July 2021, Thermo Fisher Scientific (NYSE: TMO), one of the leading key players, designed Ion Torrent Oncomine immune repertoire assays to detect potentially cancerous clones of T-cells and B-cells, which play a critical part in the immune response system. The new pan-clonality assays use unique Ion AmpliSeq technology to target several sections of the B- and T-cell immune receptors in a single reaction with ultra-high sensitivity, boosting the likelihood of malignant clone detection and reducing time for the results. This is expected to quickly provide researchers with a wealth of information about a lymphoid cancer sample, including its prevalence and how it is changing. Such developments are anticipated to propel the growth of the single-cell analysis industry in the forecast period.
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The major players in the global market for single-cell analysis are Thermo Fisher Scientific, Inc., QIAGEN N.V., Bio-Rad Laboratories, Inc., Illumina, Inc., Becton, and Dickinson and Company, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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