Global Single-Cell Analysis Market which is valued at $2.1 billion (2020), is growing at a healthy CAGR of 17.8% through the forecast period 2020-2025
Single-cell technologies enable the analysis of differences between individual cells instead of the averaged signal obtained is the case of bulk samples.
Single-cell analysis: A potential
oncology research tool
Single-cell analysis is emerging as powerful tool for cancer research. It characterizes the molecular state of each tumor cell, enabling exploration of tumor heterogeneity, microenvironment cell-type composition, and cell state transitions that affect therapeutic response, particularly in the context of immunotherapy. With the growing prevalence of various types of cancers and rising cancer research projects, the demand for products used in single-cell analysis is likely to grow.
“Bulk sequencing can explain the most
common mutations in tumor, but single-cell DNA multi-omics offer insights on
which mutations occur at single-cell level. Drug developers are increasingly
using single-cell analysis to prioritize targets and pathways for new
therapies, demonstrate therapeutic efficacy, and understand resistance
mechanisms.” – Global Research Head, Leading Pharmaceutical Company
Investor funding is providing impetus for
single-cell technology
Single-cell
analysis has emerged as an important tool for scientific research. Citing the
growth potential, investors are funding companies who are developing
products/solutions for single-cell analysis. For instance, in November 2021,
Singleron Biotechnologies, a start-up company developing single-cell
multi-omics products – raised $100 million to ramp up products development and
augment international presence. Further, in October 2021, Sphere Fluidics
received $40 million to expand international sales activities for its single-cell
analysis systems that use proprietary picodroplet technology.
Analysis
of complex and richer datasets may present future challenges
Single-cell
sequencing methods generate more complex and richer datasets compared to bulk
sequencing. This higher complexity may lead to misinterpretations and deriving
wrong conclusions. However, these challenges are being increasingly addressed
with advancements in data analytics as well as use of machine learning/AI in
data analysis.
Regional Overview: Global Single-Cell Analysis Market
Comprehensive regional assessment of the global single-cell analysis market suggests that US is currently the largest single-cell analysis market. The United States comprises of large number of biotech companies as well as research institutes and enjoys greater funding for life science research. Also, the US led global VC investment in biotech sector in 2020, followed by Europe and China. The Asia-Pacific single-cell analysis market led by China is growing faster compared to other regions.
Some of the leading players operating in the global single-cell analysis market are Becton, Dickinson and Company, Danaher, Merck, Thermo Fisher, Qiagen, 10X Genomics, Fluidigm, Promega, Illumina, Bio-Rad Laboratories, and Luminex.
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