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Single-cell Analysis Industry Size, Massive Growth, Share, Outlook And Key Players Like Merck KGAA, QIAGEN N.V., Thermo Fisher Scientific Inc., Illumina Inc
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Single cell Analysis Market Size, Growth Rate, And Forecast
The global single-cell analysis market size grew from $2.9 billion in 2022 to $3.28 billion in 2023 at a compound annual growth rate (CAGR) of 13.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The single-cell analysis market size is expected to grow to $5.62 billion in 2027 at a CAGR of 14.4%.
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Single cell Analysis Market Drivers
The growing focus on personalized medicine across the globe is contributing to the growth of the single-cell analysis market. Personalized medicine is a medical practice that uses a genetic profile of a particular individual to make decisions for the treatment of a disease and also for the prevention and diagnosis of the disease for that specific individual. The single-cell analysis could help in the treatment of various diseases by giving deep insights into the needs of individual patients, the nature of the disease, and the personalized treatment for it. Thus, more patients are opting for personalized medicines for themselves. For example, according to the survey conducted in July 2021, by Dosis, a dosing platform provider, of 1,000 people, 85% of patients think that personalized medicine will improve care for them and 80% of patients think that personalized medicine should be available for all. Hence, the increasing focus on personalized medicine is supporting the growth of the market.
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Single cell Analysis Market Segments
• By Product: Consumables, Instruments
• By Workflow: Single-cell Isolation And Library Preparation, Downstream Analysis, Data Analysis
• By Technique: Flow Cytometry, Next Generation Sequencing, Polymerase Chain Reaction (PCR), Microscopy, Mass Spectrometry, Other Techniques
• By Application: Cancer, Immunology, Neurology, Stem cell, Non-invasive prenatal diagnosis, In-vitro fertilization, Other Applications
• By End User: Academic and Research Laboratories, Biotechnology and Pharmaceutical Companies, Hospital and Diagnostic Laboratories
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the single cell analysis market.
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Single cell Analysis Market Key Players
Major competitors in the single cell analysis market are Becton, Dickinson and Company, Merck KGAA, QIAGEN N.V., Thermo Fisher Scientific Inc., Illumina Inc., Fluidigm Corporation, 10X Genomics, Bio-Rad Laboratories, Novogene Corporation, Agilent Technologies Inc.
The Business Research Company's "Global Single cell Analysis Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Single cell Analysis Market Include:
1. Executive Summary
2. Single cell Analysis Market Characteristics
3. Single cell Analysis Market Trends And Strategies
4. Single cell Analysis Market - Macro Economic Scenario
5. Single cell Analysis Market Size And Growth
………………
27. Single cell Analysis Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Single cell Analysis Market
29. Single cell Analysis Market Future Outlook and Potential Analysis
30. Appendix
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