Global market is estimated to reach a market value of more than US$ 6 Bn by the end of 2025 from a value a little more than US$ 2 Bn in 2017 growing at a CAGR of 15.4% throughout the period of assessment 2017-2025.
Albany, NY -- (SBWIRE) -- 10/11/2017 -- Market Research Report Search Engine (MRRSE) has recently added a new comprehensive research report titled "Single Cell Analysis Market: Global Industry Analysis, Share, Size, Trends, Growth and Forecast 2017-2025" in its extensive research repository. The research report covers in-depth analysis on various market landscapes that have a direct relation with the growth of the single cell analysis market. Various factors that influence the growth of the global market for single cell analysis have been studied and systematically presented in this research report. Latest trends, developments, challenges, restraints and opportunities have been focused upon that represent the face of the global market for single cell analysis. All these aspects are studied considering a detailed market segmentation across important regions of North America, Latin America, Asia Pacific (APAC), Europe and Middle East and Africa (MEA) along with sub regional analysis. Based on the market research, future projections are crafted for a period of eight years, starting from 2017 to 2025.
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Global Single Cell Analysis Market: Dynamics
The global market for single cell analysis growth is influenced by many facets. The increasing expenditure on research and development, technological advancements in the healthcare domain, the rising pharmaceutical companies, the flourishing healthcare industry, growing research on disorders pertaining to single genes, stem cells, cancer, in-vitro fertilization and neurology had driving the growth of the global market for single cell analysis. The single cell analysis has gained importance owing to its effectiveness in results which is helpful in several sectors. This has supported the adoption of this process and hence the pushing the growth of the global market for single cell analysis.
Global Single Cell Analysis Market: Forecast Highlights
The global market for single cell analysis is expected to grow at a stellar growth rate in the coming years. According to this research report, the global market is estimated to reach a market value of more than US$ 6 Bn by the end of 2025 from a value a little more than US$ 2 Bn in 2017 growing at a CAGR of 15.4% throughout the period of assessment 2017-2025.
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Global Single Cell Analysis Market: Segmental Snapshot
The global market for single cell analysis has been segmented by product type (instruments and consumables), by end user (hospitals, diagnostic centers, biotechnology and bio-pharmaceutical companies, research laboratories and others) and by region (North America, Latin America, Asia Pacific, Europe and Middle East and Africa). The instruments segment has been further segmented by cell counters, spectrophotometers, imaging systems, sequencers, cytometers, PCR and others. The consumables segment has been sub segmented by reagents and kits, micropipettes and microplates and others.
In 2016, the consumables segment had high market share. This trend is expected to continue over the period of eight years, which infers that this segment is poised to lead the global market by product type with respect to higher market valuation due to generation of high revenue which can be attributed to the rising advancements in research and development of single cell analysis that raises the bar of repeat orders for kits and reagents
Sequencers sub segment in the instruments category is projected to grow at a significant CAGR throughout the period of assessment due to rising demand of NGS technique to carry out single cell analysis as it delivers high accuracy and enhances efficacy of the entire process. From the growth perspective, this sub segment is likely to be followed by the PCR sub segment in the coming years
North America region is expected to dominate the global market as it is the largest region in terms of revenue generated and has a high market share as of 2017. In 2017, this region reflected a value of around US$ 715 Mn and is estimated to reach a value higher than US$ 2 Bn by the end of 2025 owing to a high CAGR of 15% throughout the period of assessment, 2017-2025
Asia Pacific region is expected to show high potential in the coming years, as it is poised to register a CAGR of 17.7% during assessment period to reach a market value of US$ 1.5 Bn by the end of 2025. Europe also shows a robust growth rate, reflecting a CAGR of more than 16% throughout the assessment period
Global Single Cell Analysis Market: Competitive Scenario
The global market for single cell analysis research report has covered detailed analysis on competition. The key players involved in single cell analysis have been profiled in the research report. Their key financials, company overview, product portfolio, recent developments and business strategies have been thoroughly studied and presented in this research report. Players like Bio-Rad Laboratories, Inc., 10x Genomics, Illumina, Inc., NuGEN Technologies, Inc., QIAGEN N.V., Eppendorf AG, Fluidigm Corporation, Becton, Dickinson and Company, WaferGen Bio-systems, Inc. and Thermo Fisher Scientific, Inc., have been profiled.
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