Press release
Global Single Cell Multiomics Market to Reach $10.69 Billion by 2029, Growing at 21.8% CAGR
Single Cell Multiomics
The surge in the need for precision medicine is anticipated to stimulate the single cell multiomics market's expansion. Precision medicine is a medical method that customizes treatment and healthcare plans based on each patient's distinct traits. The growth in precision medicine is being driven by advancements in genomic research, improved data analysis abilities, and a deepening awareness of the benefits of personalized healthcare. Single-cell multiomics offers in-depth understanding of cellular variety and molecular methods, facilitating the creation of highly personalized interventions suited to each patient's unique cellular structures. For example, the Personalized Medicine Coalition, a professional membership organization based in the US, stated that in 2022, the authorization of 12 new personalized medicines accounted for roughly 34% of all freshly approved therapies, demonstrating a significant increase from prior years. Consequently, the surge in demand for precision medicine is fueling the expansion of the single cell multiomics market.
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What is the future CAGR of the single cell multiomics market, and how will it impact industry expansion?
In recent years, there has been a remarkable expansion in the market size of single cell multiomics. It is projected to surge from $3.97 billion in 2024 to $4.85 billion in 2025, boasting a compound annual growth rate (CAGR) of 22.1%. The historical growth spike is considerably credited to factors such as heightened research funding, burgeoning demand for personalized medicine, an uptick in cancer research, a rise in incidents of chronic diseases, and increased activity in academic and clinical research.
The market size of single cell multiomics holds the potential for explosive growth in the coming years, with predictions estimating this growth at a CAGR of 21.8% and valuing the market at $10.69 billion by 2029. This growth in the forecast period is speculated to come from a rise in precision medicine adoption, an increased focus on research into rare diseases and stem cells, growth in clinical research, and an increased demand for high throughput screening. The forecast period also anticipates significant trends, including the creation of multiparameter profiling tools, breakthroughs in spatial transcriptomics, the uptake of high-resolution imaging techniques, utilising integrated omics databases, and innovations in advanced bioinformatic solutions.
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What are the most significant trends transforming the single cell multiomics market today?
Leading companies in the single cell multiomics market are inventing single-cell multiomics tests to improve the precision and resolution of cellular analysis. These tests provide researchers with the tools to gain a deeper comprehension of intricate biological processes, identify uncommon cell groups, and customize precision medicine tactics by combining extensive molecular data from individual cells. For example, in June 2024, Mission Bio, a biotech firm based in the United States, introduced Tapestri Single-cell Multiple Myeloma Multiomics Solution. This solution provides a comprehensive profiling of multiple myeloma at a single-cell level. This capability allows translational researchers and drug manufacturers to thoroughly examine the molecular and cellular landscape throughout myeloid progression, comprehend therapy resistance, and identify disease evolution drivers from initial stages like monoclonal gammopathy of undetermined significance (MGUS) and smouldering multiple myeloma (SMM).
Which key market segments comprise the single cell multiomics market and drive its revenue growth?
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 regions are at the forefront of single cell multiomics market expansion?
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.
Who are the leading players fueling growth in the single cell multiomics market?
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
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What Is Covered In The Single Cell Multiomics Global Market Report?
•Market Size Forecast: Examine the single cell multiomics market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the single cell multiomics market for a structured understanding.
•Key Players Overview: Analyze major players in the single cell multiomics market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the single cell multiomics market.
•Segment Contributions: Evaluate how different segments drive overall growth in the single cell multiomics market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the single cell multiomics market.
•Industry Challenges: Identify potential risks and obstacles affecting the single cell multiomics market.
•Competitive Landscape: Review strategic developments in the single cell multiomics market, including expansions, agreements, and new product launches.
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