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Single-Cell Omics Market Size, Share, Growth Analysis, Top Key Players And Outlook 2033

04-23-2024 10:10 AM CET | Health & Medicine

Press release from: The Business research company

Single-Cell Omics Market

Single-Cell Omics Market

The single-cell omics market size has grown rapidly in recent years. It will grow from $1.81 billion in 2023 to $2.1 billion in 2024 at a compound annual growth rate (CAGR) of 16.3%. The growth in the historic period can be attributed to cellular heterogeneity discovery, emergence of single-cell analysis tools, biomedical research progress, immune system characterization, rise of precision medicine.

The single-cell omics market size is expected to see rapid growth in the next few years. It will grow to $3.84 billion in 2028 at a compound annual growth rate (CAGR) of 16.2%. The growth in the forecast period can be attributed to clinical adoption and diagnostics, integration with multi-omics approaches, application in regenerative medicine, drug development and discovery, cellular therapies and immunotherapies. Major trends in the forecast period include in vivo single-cell studies, single-cell omics in infectious disease research, microfluidics and single-cell sorting, single-cell multi-omics integration, spatial single-cell profiling.

Market Overview -
Single-cell omics refers to the profile of single cells taken from heterogeneous populations of cells in various cellular stages, allowing for the study and dissection of both healthy development and disease processes at the single-cell level. Single-cell omics are used for the molecular analysis of cellular heterogeneity, cell type identification, illness research, and the creation of therapeutics.

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Rising Cancer Prevalence Propels Growth In The Single-Cell Omics Market
The rising prevalence of cancer is expected to propel the growth of the single-cell omics market going forward. Cancer is a category of illnesses that can develop in nearly any organ or tissue in the body when aberrant cells proliferate uncontrollably, cross their usual boundaries, and either spread to other organs or invade neighboring body parts. Identifying biomarkers for cancer diagnosis, prognosis prediction and discovering novel therapeutic targets in predetermined clinical cohorts has made substantial use of single-cell omics data. For instance, in 2023, according to the American Cancer Society Inc., a US-based non-profit health group, 1.9 million new cancer cases are expected to be diagnosed in the US in 2021, an increase compared to more than 1.8 million new cancer cases diagnosed in 2020. Therefore, the rising prevalence of cancer is driving the growth of the single-cell omics market.

Competitive Landscape -
Major companies operating in the single-cell omics market report are Danaher Corporation, Merck KGaA, Becton Dickinson and Company, GE HealthCare Technologies Inc., Thermo Fischer Scientific Inc., Agilent Technologies Inc., Sartorius AG, Illumina Inc., PerkinElmer Inc., Bio-Rad Laboratories Inc., Qiagen N.V, DiaSorin S.p.A., Tecan Group Ltd., BGI Genomics Co. Ltd., Promega Corporation, 10x Genomics Inc., Takara Bio Inc., NanoString Technologies Inc., Vizgen, HiFiBiO Therapeutics, Deepcell, Immunai, Mission Bio Inc., Standard BioTools Inc., CYTENA GmbH, Celsius Therapeutics, Scailyte AG, Single Cell Discoveries, ImmunoScape Pte. Ltd., Nodexus Inc., 1CellBio Inc.

Product Innovation Marks A Milestone In Single-Cell Omics Market
Product innovation is a key trend gaining popularity in the single-cell omics market. Major companies operating in the single-cell omics market are developing innovative products to sustain their position in the market. For instance, in May 2023, Deepcell, a US-based software provider for single-cell dimensional morphology analysis, launched REM-I Platform, a scalable single-cell imaging, high-dimensional analysis, and cell sorting that provide previously unattainable insights into cell biology. The REM-I Platform will stimulate new ways of discovery in various domains, including cancer biology, developmental biology, stem cell biology, gene therapy, and functional screening, among others, by combining single-cell imaging, sorting, and high-dimensional analysis.

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Key Segments -
The single-cell omics market covered in this report is segmented -
1) By Product: Single-Cell Genomics, Single-Cell Transcriptomics, Single-Cell Proteomics, Single-Cell Metabolomics
2) By Technology: Cell Isolation Technologies, Sample Preparation Technologies, Analysis Of Next-Generation Sequencing
3) By Application: Oncology, Cell Biology, Neurology, Immunology
4) By End-User: Pharmaceutical And Biotechnology Companies, Academic And Research Organizations, Hospital And Diagnostic Laboratories, Other End Users

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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