The Rising Prevalence Of Cancer And Different Chronic Diseases Will Upsurge The Single-Cell Analysis Market. North America To Witness The Highest Growth
- Vikas Kumar
- September 7, 2021
- HEALTHCARE
- 0 Comments
Global Single-Cell Analysis Market is expected to expand at a significant CAGR during the forecast period (2021-2027). The rising awareness about personalized medicine and the broad applications of single-cell sequencing techniques in cancer research has stimulated the demand for single-cell analysis across the world. The field of single-cell analysis has rapidly grown worldwide, and their analysis and visualization of data about such single-cell research has the potential to offer insights into the development of this field over the past two decades and will also highlight the future avenues of research. These types of research signify that the market of single-cell analysis will upsurge in the forecast period.
Various factors driving the single-cell analysis market include the growing biopharmaceutical and biotechnology industries and the increasing government funding for cell-based research will upsurge the demand for the single-cell analysis market. Furthermore, the growing knowledge about commercially available cancer diagnostics and precision medicine is also anticipated to drive the market. For instance, according to the International Agency for Research on Cancer (IARC), there were total 19 292 789 cases of cancer recorded in 2020 and it is estimated that these cases will rise to 28 887 940 by 2040. Moreover, the increasing research and development in somatic cell research and single-cell sequencing will further boost this market at a huge pace.
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The COVID-19 pandemic has shown a considerable effect on the single-cell analysis market. Many research institutes and biotech companies are doing research and searching for a cure for this virus. For instance, at the very early stage of Covid-19 infection in April 2020, Amgen Inc. and Adaptive Biotechnologies Corp. collaborated to discover antibodies that can be used to prevent or treat COVID-19. Moreover, as per the Genetic Engineering and Biotechnology News, the researchers used single-cell RNA sequencing to collect the data from tissue samples taken from 11 organ systems including the lungs, heart, liver, and kidneys to build a comprehensive “cell atlas” to study hundreds and thousands of individual cells showing how COVID-19 can lead to organ failure and death. The increasing research will lead to an upsurge in the single-cell analysis market in the future.
Based on Product, the market is bifurcated into consumables and instruments. The consumable segment grabbed the major market in 2020 due to their frequent consumption and high utility for research purposes. Moreover, the increasing demand for reagents, extensive adoption of beads, and mounting demand for assay kits are also increasing the demand for consumable products in the market.
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Based on cell type, the market is bifurcated into human cells, animal cells, and microbial cells. The human cells segment grabbed the major market in 2020 and accounted for the maximum market. The largest share of the human cells is accredited due to their major utilization in research laboratories and academic institutes. As the research on chronic and rare diseases is increasing the use of human cells is also increasing and the segment will upsurge over the forecast period.
Based on technique, the market is bifurcated into flow cytometry, next-generation sequencing, polymerase chain reaction, microscopy, mass spectrometry, and other techniques. The next-generation sequencing segment is expected to record significant growth over the forecast period owing to their increasing applications in the field of single-cell analysis products for drug discovery of cancer and other chronic diseases across the globe.
For a detailed analysis of the Services in the Single-Cell Analysis Market browse through – https://univdatos.com/report/single-cell-analysis-market
Based on end-user, the market is bifurcated into academic & research laboratories, biotechnology & pharmaceutical companies, hospitals & diagnostic laboratories, and cell banks & IVF centers. The academic & research laboratories segment grabbed the major market in 2020 due to the growing funds for life science research by the government and other private organizations. Moreover, the increasing number of medical colleges and universities are also driving the growth of this academic & research laboratories segment.
Additionally, the report provides detailed initiatives that are being taken in the field of single-cell analysis. The market is classified into distinct regions North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), Rest of World has been conducted. North America constitutes a major market for single-cell analysis and generated maximum revenue in 2020 owing to the high government funding, robust personal healthcare spending, developed awareness programs, rapid acceptance of new analytical techniques, and the presence of skilled workforces.
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Some of the major players operating in the market include Thermo Fisher Scientific, Becton, Dickinson and Company, Danaher Corporation, GE Healthcare, Bio-Rad Laboratories, NanoString Technologies, 10x Genomics, Luminex Corporation, Menarini Silicon Biosystems, QIAGEN, etc. Several M&As along with partnerships have been undertaken by these players to develop single-cell analysis in the market.
Global Single-Cell Analysis Market Segmentation
Market Insight, by Product
- Consumable
- Instruments
Market Insight, by Cell Type
- Human Cells
- Animal Cells
- Microbial Cells
Market Insight, by Application
- Research Applications
- Medical Applications
Market Insight, by Technique
- Flow Cytometry
- Next-generation Sequencing
- Polymerase Chain Reaction
- Microscopy
- Mass Spectrometry
- Other Techniques
Market Insight, by End-user
- Academic & Research Laboratories
- Biotechnology & Pharmaceutical Companies
- Hospitals & Diagnostic Laboratories
- Cell Banks & IVF Centers
Market Insight, by Region
- North America
- United States
- Canada
- Rest of North America
- Europe
- France
- Germany
- Italy
- Spain
- United Kingdom
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
- Rest of World
Top Company Profiles
- Thermo Fisher Scientific
- Becton, Dickinson, and Company
- Danaher Corporation
- GE Healthcare
- Bio-Rad Laboratories
- NanoString Technologies
- 10x Genomics
- Luminex Corporation
- Menarini Silicon Biosystems
- QIAGEN
