Single-cell analysis market is expected to grow at a CAGR of 16.5%, to reach $3.59 Billion.
Single-cell analysis market: Research Methodology
The study estimates the single cell analysis market size for 2017 and projects its demand till 2022. In the primary research process, various sources from both the demand side and supply side were interviewed to obtain qualitative and quantitative information of the report. Primary Sources form demand side include various industry CEOs, vice presidents, marketing directors, technology and innovation directors, and related key executives from the various original equipment manufacturers (OEMs) and independent service organizations (ISOs) in the market.
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Single-cell Analysis Market by Product
Major Growth Factors driving the Single-cell analysis market:
The growth in this market is mainly driven by the technological advancements in single-cell analysis products, increasing government funding for cell-based research, growing biotechnology and biopharmaceutical industries, wide applications of single-cell analysis in cancer research, a growing focus on personalized medicine, and increasing incidence and prevalence of chronic and infectious diseases.
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Geographical Analysis of Single-cell analysis market:
North America to dominate the market followed by Europe
On the basis of the region, the single-cell analysis market is segmented into North America, Europe, Asia, and RoW. In 2017, North America accounted for the largest share of the market, followed by Europe. The large share of the North American market is attributed to the factors such as increasing collaborations among prominent players, technological advancements and expanding biotechnology and pharmaceutical industries. Factors such as increased incidence of diseases, government support for various research activities, and growing focus on stem cell research and regenerative medicine are expected to fuel the market growth in the European region.
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Major Key players in the single-cell analysis market’:
Merck KGaA (Germany), Becton, Dickinson and Company (U.S.), Promega Corporation (U.S.), Danaher Corporation (U.S.), General Electric Company (U.K.), Thermo Fisher Scientific Inc. (U.S.), Miltenyi Biotec (Germany), Illumina, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Fluidigm Corporation (U.S.), NanoString Technologies, Inc. (U.S.), Agilent Technologies (U.S.), Abcam Plc (U.S.)
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