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Single-Cell Analysis Market and its growth Landscape for the Upcoming Years

Single-Cell Analysis Market and its growth Landscape for

The single-cell analysis market size is projected to reach $5.3 billion by 2022, growing at a CAGR of 18.1% between 2016-2022. The market is driven by factors such as increasing healthcare expenditure, growing geriatric population, high prevalence of infectious diseases, technological advancements in single-cell analysis products, and growing focus on personalized medicines.

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In terms of the type of product, the single-cell analysis market has been segmented into consumables and instruments. The single-cell analysis consumables segment accounted for the major share in the global market in 2015, and it is expected to witness the highest growth during 2016-2022.

In terms of the type of cell, the single-cell analysis market has been segmented into human cell, animal cell, and microbial cell. The human cell segment accounted for the major share in the worldwide market in 2015, and it is expected to witness the highest growth during 2016-2022.

Personalized medicine offers tailored medical treatment to individual characteristics, needs and preferences of patients. Single cell genomics help in identifying the disease and in providing solutions to the ill patients. A single-cell analysis technique, such as flow cytometry, provides single-cell capture of specified cells with correlation to each cell's individual phenotype, which would help in drug development. A number of initiatives and consortia have been organized to collect and synthesize individual single-cell data. The application of personalized medicine to tackle rare diseases is easily achievable with single-cell analysis. With the advancement in single-cell analysis techniques, patients are treated and monitored more precisely and effectively to meet their individual needs and thereby driving the growth of the worldwide single-cell analysis market.

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Some of the key companies operating in the single-cell analysis market include Thermo Fisher Scientific Inc., Beckman Coulter, Inc., Becton, Dickinson and Company, Illumina, Inc., Bio-Rad Laboratories, Inc., QIAGEN N.V., Merck KGaA, Nanostring technologies, Agilent Technologies, Fluidigm Corporation.

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

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