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The global single-cell analysis market attained a value of about USD 3.30 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 14.7% to reach nearly USD 11.28 billion by 2032.
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North America is a significant single-cell analysis industry. This is attributed to the well-developed healthcare infrastructure, expanding medical research facility, collaborative efforts of key market players, and increased government and private support for research projects. Further, the rising public awareness due to the high incidence of chronic diseases in the region has stimulated the market growth of single-cell analysis. There has been a surge in interest in virology and genomics as a research topic, especially after the outbreak of COVID-19. The increased adoption of single-cell assessment in the diagnostics and pharmaceutical manufacturing industries, along with the reducing prices of sequencing technology, is speeding the single-cell genome sequencing, consequently driving market expansion. In addition, the rising incidences of cancer have resulted in greater funding for cancer research. The single-cell analysis is expected to simplify and automate clinical diagnostic operations, delivering critical data for real-time cancer monitoring, and eventually, new therapy options for patients' benefit. This feature is expected to make analysis more efficient and precise. All these factors are expected to boost the market growth of single-cell analysis over the forecast period.
Single-cell analysis is the study of genomes, transcriptomics, proteomics, metabolomics, and cell–cell interactions at the unicellular level. It reveals new information about the functional differences between individual cells and molecules, the organisation and timing of stimuli responses, cellular interactions as components of a complex system, and how they change with age, disease, and environmental stressors.
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On the basis of products, the market is divided into:
The market can be broadly categorised on the basis of its applications into:
The market can be broadly categorised on the basis of its work flow into:
The market can be broadly categorised on the basis of its end-use segments into:
The EMR report looks into the regional markets of single-cell analysis like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The market for single-cell analysis is being driven by the increasing disposable incomes and rising health awareness, which has surged the demand for early diagnosis among the masses. Due to this, governments and private players are extending a great amount of funding to research and development. The onset of COVID-19 has increased the application of single-cell analysis in virology by manyfold. The use of a high-throughput single-cell analysis approach aids in the evaluation of COVID-19 patients' immune responses. The rapid growth of healthcare infrastructure, technological improvements in single-cell analysis methodologies, and an increase in the biotechnology and biopharmaceutical industries have all facilitated the market. The falling cost of genome sequencing is also a major driver of the market. However, the technology and tools required in the single-cell analysis are expensive and hence restrain the research community.
The report presents a detailed analysis of the following key players in the global single-cell analysis market globally, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product |
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Breakup by Application |
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Breakup by Workflow |
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Breakup by End-Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market attained a value of nearly USD 3.30 billion.
The market is projected to grow at a CAGR of 14.7% between 2024 and 2032.
The market is estimated to witness a growing trajectory in the forecast period of 2024-2032 to reach about USD 11.28 billion by 2032.
The surging investments in cancer research due to the rising incidence of cancer, the development of pharmaceutical research methods, and the rising application of this technique in virology are the major market drivers.
The key trends propelling the market growth are growing health consciousness and the rising demand for early diagnostic measures.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The different types of products in the single-cell analysis market are consumables and instruments.
The various applications of the product are cancer, immunology, neurology, stem cell, non-invasive prenatal diagnosis, and in-vitro fertilisation, among others.
The significant segments based on the workflow of single-cell analysis include single-cell isolation and library, downstream analysis, and data analysis.
The different end-uses of single-cell analysis are academic and research laboratories, biotechnology and pharmaceutical companies, and hospitals and diagnostics laboratories, among others.
The major players in the market are Thermo Fisher Scientific, Inc., QIAGEN N.V., Bio-Rad Laboratories, Inc., Illumina, Inc., and Becton, Dickinson and Company, among others.
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