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Growth Of Precision Medicine Boosts Single Cell Multiomics Market: Major Factor in the Transformation of the Single Cell Multiomics Market in 2025
Single Cell Multiomics Market Size
The market size for single cell multiomics has seen a tremendous expansion in recent years. The growth is expected to move from $3.97 billion in 2024 to $4.85 billion in 2025, marking an impressive Compound Annual Growth Rate (CAGR) of 22.1%. The exceptional growth during the historical period can be tied to factors such as the surge in research funding, increased demand for personalized medicine, expansion in cancer research, hike in instances of chronic diseases, and an upsurge in academic and clinical research.
Anticipated to surge significantly in the coming years, the single cell multiomics market is on track to reach a monumental $10.69 billion by 2029, representing a compound annual growth rate (CAGR) of 21.8%. This future growth can generally be attributed to the rise in precision medicine use, increased attention toward rare diseases, boosted interest in stem cell research, a rise in clinical research studies, and a growing need for high throughput screening. The forecast period also points toward several discernible trends such as the creation of multiparameter profiling tools, forward strides in spatial transcriptomics, adoption of high resolution imaging techniques, integration of omics databases, and a pronounced development of sophisticated bioinformatics solutions.
What Key Elements Are Boosting Growth in the Single Cell Multiomics Market?
The rise in the demand for precision medicine is anticipated to catalyze the expansion of the single cell multiomics market. Precision medicine is a medical procedure where treatment and health care strategies are tailored to fit the individual attributes of each patient. The surging interests in precision medicine are powered by improvements in genomic research, elevated data analysis proficiency, and an improved comprehension of the benefits of personalized healthcare. Single-cell multiomics grants comprehensive perceptions into cellular diversity and molecular procedures, facilitating the creation of highly customized treatments suited to each patient's distinctive cellular profiles. For example, the Personalized Medicine Coalition, a professional membership organization based in the U.S, reported in 2022 that the approval of 12 new personalized medicines accounted for nearly 34% of all new therapies approved, signifying a significant surge from prior years. Thus, the escalating demand for precision medicine is fuelling the growth of the single cell multiomics market.
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Who Are the Major Industry Players Fueling Single Cell Multiomics Market Expansion?
Major companies operating in the single cell multiomics market are Thermo Fisher Scientific Inc., Danaher Corporation, Becton Dickinson and Company, Illumina Inc., BioRad Laboratories Inc., QIAGEN N.V., BioTechne Corporation, Miltenyi Biotec BV & Co KG, BGI Genomics Co Ltd., 10x Genomics Inc., Molecular Devices LLC, NanoString Technologies Inc., Standard BioTools Inc., Akoya Biosciences Inc., Takara Bio Inc., Synthego Corporation, Mission Bio Inc., DeepCell Inc., RareCyte Inc., Parse Biosciences Inc., Dolomite Bio Ltd., Stilla Technologies SAS, NanoCellect Biomedical Inc., Epicypher Inc., Scipio Biosciences SAS
Who Are the Major Industry Players Fueling Market Expansion?
The single cell multiomics market is being revolutionized by leading corporations developing tests to improve the precision and accuracy of cellular analysis. These multiomics tests enable the understanding of complicated biological processes, identification of uncommon cell populations, and the customization of precision medicinal procedures by integrating extensive molecular data from singular cells. Take the example of Mission Bio, an American biotech firm, that launched Tapestri Single-cell Multiple Myeloma Multiomics Solution in June 2024. This solution aids translational researchers and drug manufacturers in entirely unraveling the molecular and cellular landscape during myeloid progression, comprehending therapy resistance, and identifying disease evolution drivers from early stages like monoclonal gammopathy of undetermined significance (MGUS) and smoldering multiple myeloma (SMM).
How Is the Segmentation of the Single Cell Multiomics Market Defined?
The single cell multiomics market covered in this report is segmented -
1) By Type: Single Cell Genomics, Single Cell Proteomics, Single Cell Transcriptomics, Single Cell Metabolomics
2) By Technique: Single Cell Isolation And Dispensing, Single Cell Analysis
3) By Application: Oncology, Cell Biology, Neurology, Immunology, Stem Cell Research
4) By End User: Academic Institutes, Contract Research Organizations, Pharmaceutical And Biotech Companies
Subsegments:
1) By Single Cell Genomics: Whole Genome Sequencing (WGS), Targeted Sequencing, Single Cell DNA Amplification Techniques, Genomic Analysis Platforms
2) By Single Cell Proteomics: Mass Spectrometry-Based Techniques, Protein Microarrays, Enzyme-Linked Immunosorbent Assays (ELISA), Single Cell Protein Analysis Platforms
3) By Single Cell Transcriptomics: Single Cell RNA Sequencing (scRNA-seq), RNA Amplification Techniques, Microfluidics-Based Transcriptomics, Transcriptome Analysis Tools
4) By Single Cell Metabolomics: Mass Spectrometry For Metabolite Analysis, Nuclear Magnetic Resonance (NMR) Techniques, Liquid Chromatography For Metabolomics, Metabolite Profiling Tools
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What Is the Leading Region in the Single Cell Multiomics Market?
North America was the largest region in the single cell multiomics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the single cell multiomics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Single Cell Multiomics Global Market Report?
- Market Size Analysis: Analyze the single cell multiomics Market Size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the single cell multiomics market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall single cell multiomics market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the single cell multiomics market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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