FELTON, California, November 20, 2017 /PRNewswire/ --
The global single cell analysis market was valued
The prevalence of life threatening diseases such as cancer, immunological and neurological diseases is rising recently and the single cell analysis is able to understand the diseases complexity and its association with cellular heterogeneity. Thus, it drives the demand for single cell analysis as a diagnostic tool.
The adoption of single cell analytical techniques is growing over in past few years due to the acceptance of stem cell therapy in in-vitro fertilization (IVF) and non-invasive prenatal diagnosis. In contrast, the high cost of devices and one-time investment in purchase due to the longer shelf life hold back the industry growth.
Browse 152 page research report with TOC on "Global Single Cell Analysis Market" at: https://www.millioninsights.com/industry-reports/single-cell-analysis-market
Based on the commercial availability the market is segmented into consumables products and instruments. The instruments are subdivided into the manual and automated segments. The consumables segment holds the maximum market shares in 2016 due to its continuous demand and repeatable purchases.
The genetic and stem cell technology augmented the growth of the industry. The wide acceptance of next-generation sequencing (NGS) technology is fueling the growth of the business. The long term contracts with the potential customer's result into the market sustainability for the manufacturers. The accurate and efficient product performance and easy procedures with accurate results generate the demand for advanced assay kits. Therefore, the consumables segment expected to hold the largest market share in 2016 and is anticipated to grow at the fastest rate during the forecast period.
North America dominant the single cell analysis market followed by the Europe in 2016. The North America hold the total 37.18% market shares in 2016.The significant industry growth in this region is owing to a large number of biotechnology and biopharmaceutical company in this region. The high approval of gene based technologies by these companies and other research laboratories boosts the market growth for genomics segment.
In addition to that, the various government initiatives such as funding for various research projects and R&D activities in the field for diseases diagnosis encourages the market development. The U.S government Cell Analysis Program by the National Institute of Health, U.S. (NIH) is working in the single cell analysis by proposing the solutions in technical difficulties and try its compliance. As a result, the adoption rate increases for instruments. The program also leads the various meetings, conferences and launch the new products for the better promotion and to spread product information among the customer. Therefore, North America dominated the global marketplace.
The major players in this industry include Merck Millipore GmbH, Thermo Fisher Scientific Inc, Bio-Rad Laboratories Inc, Illumina Inc, Beckman Coulter Inc, Becton, Qiagen N.V, and Dickinson and Company. Very few players are making this industry very competitive by adopting the strategies such as long-term purchase, bulk purchases on discount offers for the key customer. The mergers and acquisitions help the in the portfolio expansion and broad market capture. On the other hand, the manufacturing cost of such instruments is very high due to quality and accuracy.
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Single Cell Analysis Market, by Product, 2013 - 2024 (USD Billion)
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Single Cell Analysis Market, By Application, 2013 - 2024 (USD Billion)
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Single Cell Analysis Market, by Region, 2013 - 2024 (USD Billion)
U.S. Single Cell Analysis Market by Product
Canada Single Cell Analysis Market by Product
U.S. Single Cell Analysis Market by Application
Canada Single Cell Analysis Market by Application
Germany Single Cell Analysis Market by Product
France Single Cell Analysis Market by Product
Germany Single Cell Analysis Market by Application
France Single Cell Analysis Market by Application
China Single Cell Analysis Market by Product
India Single Cell Analysis Market by Product
China Single Cell Analysis Market by Application
India Single Cell Analysis Market by Application
Brazil Single Cell Analysis Market by Product
Mexico Single Cell Analysis Market by Product
Brazil Single Cell Analysis Market by Application
Mexico Single Cell Analysis Market by Application
South Africa Single Cell Analysis Market by Product
South Africa Single Cell Analysis Market by Application
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