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Kenneth Research recently added a report on ‘Single-cell Analysis Market’ in its database of market research reports which provides its readers an in-depth analysis on the latest trends, growth opportunities and growth drivers that are associated with the growth of the market. The report additionally shares critical insights on the COVID-19 impacts on the Single-cell Analysis Market, along with the compound growth rate (CAGR) of the market for a projected period between 2022 and 2031. The report also includes analysis of the market by utilizing different analytical tools, such as PESTEL analysis and Porter’s five forces analysis. These tools also provide an in-depth analysis on the micro and macro-environmental factors that are associated with the growth of the market during the forecast period.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Single-cell Analysis Market products.
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The global Single-cell Analysis Market was valued at USD 1.38 billion in 2016 and is projected to reach USD 5.41billion by 2025, growing at a CAGR of 16.43% from 2017 to 2025.
In the field of cellular biology, single-cell analysis is the study of: genomics, transcriptomics, proteomics and metabolomics at the single cell level. Due to increased prevalence of Biotechnology and Biomedical application in Healthcare, the market is expected to grow at a high rate.
1. Market Drivers
1.1 Technological Advancements in Single-Cell Analysis Products
1.2 Increasing Government Funding for Cell-Based Research
1.3 Growing Biotechnology and Biopharmaceutical Industries
1.4 Wide Applications of Single-Cell Analysis in Cancer Research
1.5 Growing Focus on Personalized Medicine
1.6 Increasing Incidence and Prevalence of Chronic and Infectious Diseases
2. Market Restraints
2.1 High Cost of Single-Cell Analysis Products
1. Global Single-cell AnalysisMarket, by End User:
1.1 Academic & Research Laboratories
1.2 Biotechnology and Pharmaceutical Companies
1.3 Hospitals and Diagnostic Laboratories
1.4 Cell Banks and Ivf Centers
2. Global Single-cell AnalysisMarket, by Application:
2.1 Research Applications
2.1.1 Cancer Research
2.1.2 Immunology Research
2.1.3 Neurology Research
2.1.4 Stem Cell Research
2.1.5 Other Research Applications
2.2 Medical Applications
2.2.1 Non-Invasive Prenatal Diagnosis
2.2.2 in Vitro Fertilization
2.2.3 Circulating Tumor Cell Detection
3. Global Single-cell AnalysisMarket, by Technique:
3.1 Flow Cytometry
3.2 Next-Generation Sequencing
3.3 Polymerase Chain Reaction
3.5 Mass Spectrometry
3.6 Other Techniques
4. Global Single-cell Analysis Market, by Cell Type:
4.1 Human Cells
4.2 Animal Cells
4.3 Microbial Cells
5. Global Single-cell AnalysisMarket , by Product:
5.1.1 Flow Cytometers
5.1.2 NGS Systems
5.1.3 PCR Instruments
5.1.6 Cell Counters
5.1.7 HCS Systems
5.1.8 Microarray Systems
5.1.9 Other Instruments
5.2.4 Assay Kits
188.8.131.52 Cell-Based Assays
5.2.5 Others consumables
6. Global Single-cell Analysis Market, by Region:
6.1 North America (U.S., Canada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
6.4 Latin America (Brazil, Argentina, Rest of Latin America)
6.5 Middle East & Africa
The major players in the market are as follows:
1. Merck KGaA
2. Thermo Fisher Scientific, Inc.
3. Becton, Dickinson and Company
4. Beckman Coulter, Inc. (A Subsidiary of Danaher Corporation)
5. Bio-Rad Laboratories, Inc.
6. Qiagen N.V.
7. Illumina, Inc.
8. GE Healthcare
9. Agilent Technologies
10. Fluidigm Corporation
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Single-cell AnalysisMarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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