Single Cell Analysis Market

The single-cell analysis market is projected to reach USD 6.9 billion by 2029 from an estimated USD 3.7 billion in 2024, at a CAGR of 13.6% during the forecast period. The major factors driving the growth of this single-cell analysis market include technological advancements in single-cell analysis products, increasing R&D in pharmaceutical and biotechnology industries, and growth in stem cell research. Additionally, rising focus on personalized medicine and the growing prevalence of cancer are promoting the growth of single-cell analysis market. Moreover, factors such as integration of microfluidics with single-cell analysis and high growth potential of single-cell sequencing are anticipated to create growth opportunities for the market in coming years. However, high cost of single-cell analysis products might hinder the growth of the market.

The global single-cell analysis market is competitive with top players such as BD (US), Thermo Fisher Scientific Inc. (US), Danaher Corporation (US), 10X Genomics (US), and Merck KGaA (Germany). The market players have adopted strategies, such as new product launches, acquisitions, agreements, collaborations, and geographical expansions, to strengthen their position in the global single-cell analysis market.

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BD (US)

BD (Becton, Dickinson, and Company) develops, manufactures, and distributes medical instruments and reagents. The company’s products are used in diverse applications, including biosciences, diabetes care, respiratory disorder management, and diagnostic & analytical applications. The company operates in over 50 countries across Europe, Latin America, the Asia Pacific, and North America. Additionally, the company focuses on the development of innovative products. For instance, in February 2023, the company launched a new instrument for single-cell multiomics analysis that will enable scientists to run high-throughput studies without sacrificing sample integrity, potentially accelerating time to discovery across a wide range of disciplines, including immunology, genetic disease research, and cancer and chronic disease research.

Thermo Fisher Scientific Inc. (US)\

Thermo Fisher is a leading science and technology company manufacturing high-end analytical instruments, laboratory equipment, software, consumables, reagents, and services for scientific research, analysis, discovery, and diagnostics. Thermo Fisher operates in over 180 countries across North America, Europe, Asia, the Middle East, Africa, and Latin America. The company is adopting strategic alliances such as collaborations and partnerships to strengthen its global footprint. For instance, in November 2021, Thermo Fisher Scientific Inc. partnered with CELLENION to develop workflows for single-cell, mass spectrometry-based proteomics analyses. Under this partnership, the companies are expected to combine Cellenion's CellenOne single-cell isolation system and ProteoChip consumable with Thermo Fisher's TMT multiplexing technologies and Orbitrap mass spectrometers to build workflows for single-cell isolation and automated sample preparation through to mass spec-based proteomics analysis on single cells.

Danaher Corporation (US)

Danaher Corporation is a leading life science and diagnostics innovator providing various products and services for medical, industrial, and commercial applications. The company has a strong geographic presence across North America, Europe, Asia, and Latin America. Additionally, the company focuses on adopting strategic alliances to strengthen its global footprint. For instance, in October 2023, Danaher Corporation (Beckman Coulter Life Sciences) partnered with 10x Genomics to expand automation solutions for single-cell assay workflows.

Related Reports:

Single-Cell Analysis Market By Product (Consumables (Beads, Kits, Reagents), Instruments), Cell Type (Human, Animal), Technique (Flow Cytometry, NGS, PCR, Microscopy), Application (Research (Cancer, Neurology), Medical (NIPT, IVF)) - Global Forecast to 2029

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