Global Single-Cell Analysis Market: Snapshot
Single-cell analysis consists of studying the structure of various types of cells relevant to human life at a cellular level. The detailed analysis provided by this type of analysis is helpful in various sectors and has been aided by the continuous technological updation in research implements. The booming healthcare and pharmaceutical industries have been at the forefront of driving the global single-cell analysis market and are likely to remain the most influential consumers in the coming years.
The single-cell analysis market studied in this report includes instruments and consumables that aid in the process of single-cell research. The market for single-cell analysis has been growing enormously owing to the increasing research on single-gene disorders, in-vitro fertilization processes which employ single-cell analysis to study the human embryo prior to implantation, cancer research, stem cell research, and neurological research, among others.
The global single-cell analysis market was valued at over US$2 bn in 2017 and is expected to rise to US$6.4 bn by 2025 at a robust 15.4% CAGR.
Consumables Likely to Dominate Single-Cell Analysis Market due to Need for Repeat Orders
The single-cell analysis market has been segmented based on product and end user. Based on product type, the market has been segmented into instruments and consumables. Single-cell analysis instruments include cell counters, spectrophotometers, cytometers, sequencers, imaging systems, PCR, and others. The consumables segment of the single-cell analysis includes reagents and kits, micropipettes and micro plates, and others. Consumables were the dominant segment in the global single-cell analysis market in 2016 and are anticipated to remain dominant throughout the forecast period owing to the increasing research in the field of single-cell analysis, which increases the need for repeat orders for reagents and kits, which contribute to high revenue generation.
Among single-cell analysis instruments, sequencers are anticipated to grow at a significant high CAGR in the forecast period owing to the increasing demand for the NGS technique for analysis of single cells due to the accuracy and effectiveness of the process. This is anticipated to be followed by PCR systems, their growth being driven by the widespread application of real-time digital PCR systems in single-cell analysis and their ability to interpret the results with no errors.
Asia Pacific Market’s Rapid Growth Unlikely to Unsettle North America’s Dominance
Geographically, the single-cell analysis market is segmented into five regions, namely North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America dominated the market in 2016 owing to factors such increasing research funding, the presence of well-developed infrastructure, growing awareness among people, and increasing prevalence of cancer and infectious diseases, among others. The North America market for single-cell analysis was valued at US$715.7 mn in 2017 and is expected to rise to more than US$2.1 bn by 2025 at a steady 15% CAGR.
North America was closely followed by Europe in global singe-cell analysis market figures. Asia Pacific is also anticipated to grow at a high CAGR during the forecast period owing to the rising preference for distribution agreements between multinational and regional players; significant growth in the field of genomics, increasing prevalence of cancer and infectious diseases, dropping prices of treatment, low technology costs, and increase in medical tourism. The single-cell analysis market is expected to exhibit a higher CAGR in both Europe and Asia Pacific, with the former expected to rise at a 16.4% CAGR through the 2017-2025 forecast period, and the latter expected to reach a valuation of US$1.5 bn by 2025 at a robust 17.7% CAGR.
Major players in the single-cell analysis market include Thermo Fisher Scientific, Inc., WaferGen Bio-systems, Inc., Becton, Dickinson and Company, Fluidigm Corporation, Eppendorf AG, QIAGEN N.V., NuGEN Technologies, Inc., Bio-Rad Laboratories, Inc., Illumina, Inc., and 10x Genomics, among others.
Global Single Cell Analysis Market: Overview
Single-cell analysis can be defined as the study of biochemical processes and reactions at the level of single cells. It is primarily used in the study of genomics, proteomics, and transcriptomics. The products employed in the single-cell analysis include a range of instruments and consumables. The instruments considered in the study include cell counters, spectrophotometers, sequencers, cytometers, imaging systems, PCR, and others. The consumables include reagents and kits, micropipettes and micro plates, and others. The instruments aid in the process of cell separation and analysis and the consumables contribute to the experiment process of cell separation and analysis. Among the instruments cytometers are mostly preferred in the current scenario as they aid in both cell separation and analysis. The cell isolation through these devices is accurate as they employ the process of cell detection primarily through florescent staining, among others.
Global Single Cell Analysis Market: Research Methodology
The research is a combination of primary and secondary research, conducted for understanding and arriving at trends, used to forecast the expected revenue of single-cell analysis instruments and consumables in the near future. Primary research formed the bulk of our research efforts with information collected from in-depth interviews and discussions with a number of key industry experts and opinion leaders. Secondary research involved study of company websites, annual reports, press releases, investor presentations, analyst presentation and various international and national databases. The report provides estimated market size in terms of US$ Mn for each products and end-user. In addition, the report provides estimated market size in terms of US$ Mn for various geographic regions for the period 2015 to 2025, considering the macro and micro environmental factors. The revenue generated from each product was calculated by considering their launch date in the market, customer acceptance, volume sales, price of the product, trends in industry, end user trend, and adoption rate across all the geographies.
The market report comprises an elaborated executive summary, which includes market snapshot that provides information about various segments of the market. It also provides information and data analysis of the market with respect to market segments based on product, end-user, and geography. The market overview section of the report analyzes market dynamics such as drivers, restraints and opportunities that influences the molecular diagnostics market in the current and future scenario.
Global Single Cell Analysis Market: Geographical and Competitive Dynamics
Market share analysis among the market players is analyzed to signify the contribution of these players in the market in terms of percentage share. All these factors will help the market players to decide about the business strategies and plans to strengthen their positions in the global market. Based on geography, the market has been analyzed for major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report also profiles the major players in the market and provides various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. Major companies profiled in the single-cell analysis market report are Thermo Fisher Scientific, Inc., WaferGen Bio-systems, Inc., Becton, Dickinson and Company, Fluidigm Corporation, Eppendorf AG, QIAGEN N.V., NuGEN Technologies, Inc., Bio-Rad Laboratories, Inc., Illumina, Inc., and 10x Genomics among others.
The Single-Cell Analysis Market has been segmented as follows:
- Single-Cell Analysis Market, by Product, Revenue (US$ Mn), 2015-2025
- Cell Counters
- Imaging Systems
- Reagents & Kits
- Micropipettes & Microplates
- Single-Cell Analysis Market, by End-User, Revenue (US$ Mn), 2015-2025
- Diagnostic Centers
- Biotechnology & Bio-pharmaceutical Companies
- Research Laboratories
- Single-Cell Analysis Market, by Region, Revenue (US$ Mn) 2015-2025
- North America
- Rest of Europe
- Asia Pacific
- Australia & New Zealand
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of South Africa
- North America