Press release
Single-Cell Bioinformatics Software and Services Market | Size, Share and Scope Analysis to 2031
"Global Single-Cell Bioinformatics Software and Services Market By Product (Bioinformatics Software and Bioinformatics Services), Application (Oncology, Immunology, Neurology, Non-invasive Prenatal Diagnosis (NIPD), Microbiology, and Other Applications), End-user (Research and Academic Institutes, Biopharmaceutical Companies, and Others)) Trends, Industry Competition Analysis, Revenue and Forecast To 2031."According to the latest research by InsightAce Analytic, the global single-cell bioinformatics software and services market is valued at US$ 235.3 million in 2021, and it is expected to reach US$ 504.8 million by 2030, with a CAGR of 9.17% during the forecast period of 2023-2031.
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The single-cell sequencing instrument can readily identify and investigate differentially expressed genes while generating figures suitable for publication. The software provides transcriptional profiling of tens of thousands of different cells. This level of analysis assists in comprehending how genes are expressed and quantified and how they vary across thousands of cells in a diverse sample. The genome, transcriptome, and other multi-omics of single-Cells can be detected using sequencing software. They can illustrate the distinctions and evolutionary relationships between various cell types. Sequencing a single cell involves isolating, extracting, preparing, and sequencing the cell with a next-generation sequencer.
In recent years, the single-cell bioinformatics software and services industry has witnessed rapid developments in sequencing and analysis, drug discovery, and disease diagnosis. Investments in the expansion and research of single-Cell sequencing, which will advance the market, are of interest to businesses. Software developers and service providers continuously revise their products to keep up with technological advances. High capital requirements, a scarcity of expertise and infrastructure, and difficulties in metabolite analysis will hinder the demand for single-cell bioinformatics software and services. The inadequate spatial-temporal context will also inhibit market expansion.
Due to accelerated research and advancements in single-cell analysis, North America and Europe will lead the market. Single-Cell RNA Sequencing will continue to be required in European nations over the next few years. During the forecast period, the market is anticipated to be propelled by many healthcare investments and by the increased adoption of IoT technologies in the European region.
Key market players in single-cell bioinformatics software and services industry are Illumina, Inc., QIAGEN N.V., BD., PacBio, Fluidigm Corporation, NanoString, Takara Bio Inc., BGI, Oxford Nanopore Technologies plc., Partek, Incorporated, Akoya Biosciences, Inc., IsoPlexis, Scipio Bioscience, Scailyte, BioBam Spain, and others.
Key Developments in the market
• In Jan 2022, Illumina signed Co-Development Partnership with SomaLogic, which will Accelerate Next-Generation Sequencing into the Fastest-Growing Area of the Proteomics Market with Ultra-high output, Ultra-high Plexity Workflow.
• In Jun 2021, BioBam announced last week the release of OmicsBox 2.0. This new version of BioBam's bioinformatics solution offers a user-friendly data analysis platform that allows researchers to gain biological insights from next-generation sequencing data. The software offers data analysis and functional interpretation of genomic, transcriptomic and metagenomic datasets for industry, academic and governmental research biologists.
• In Sept 2019, IsoPlexis Announced a partnership with BioStream & IsoLight Expansion into the Japanese Life Science Market. IsoPlexis expanded sales of its single-cell proteomic analysis platform, IsoLight and IsoCode Chip, to the pharmaceutical and life sciences markets in Japan.
• In Oct 2018, Takara Bio USA Inc. announced the launch of the SMART-Seq® Pro kit for the ICELL8® cx Single-Cell System. This automated single-cell RNA-seq solution lets the scientists simultaneously generate full-length transcriptome data from over 1,500 single-Cells and various sample types.
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Market Segments
Global Single-Cell Bioinformatics Software and Services Market, by Product, 2023-2031 (Value US$ Mn)
• Bioinformatics Software
• Bioinformatics Services
Global Single-Cell Bioinformatics Software and Services Market, by Application, 2023-2031 (Value US$ Mn)
• Oncology
• Immunology
• Neurology
• Non-invasive Prenatal Diagnosis (NIPD)
• Microbiology
• Other Applications
Global Single-Cell Bioinformatics Software and Services Market, by End-Users, 2023-2031 (Value US$ Mn)
• Research and Academic Institutes
• Biopharmaceutical Companies
• Others
Global Single-Cell Bioinformatics Software and Services Market, by Region, 2023-2031 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Single-Cell Bioinformatics Software and Services Market, by Country, 2023-2031 (Value US$ Mn)
• U.S.
• Canada
Europe Single-Cell Bioinformatics Software and Services Market, by Country, 2023-2031 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Single-Cell Bioinformatics Software and Services Market, by Country, 2023-2031 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Single-Cell Bioinformatics Software and Services Market, by Country, 2023-2031 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Single-Cell Bioinformatics Software and Services Market, by Country, 2023-2031 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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