Overview and Scope
Single-cell genome sequencing is a potent method for detecting genomic changes like copy number variations (CNVs) and point mutations and revealing cell-to-cell heterogeneity in biological materials. They are employed to investigate both healthy and diseased physiology.
Sizing and Forecast
The single-cell genome sequencing market size has grown rapidly in recent years. It will grow from $2.17 billion in 2023 to $2.47 billion in 2024 at a compound annual growth rate (CAGR) of 14.3%. The growth in the historic period can be attributed to increased understanding of genetic heterogeneity, rising demand for precision medicine, increased cancer research, growth in prevalence of infectious diseases, increased healthcare spending.
The single-cell genome sequencing market size is expected to see rapid growth in the next few years. It will grow to $4.27 billion in 2028 at a compound annual growth rate (CAGR) of 14.6%. The growth in the forecast period can be attributed to increasing prevalence of autoimmune diseases, increasing neurological disorders, increasing government initiatives and funding, rise of contract research organizations (cros), increasing awareness of scrna-seq’s potential. Major trends in the forecast period include advancements in single-cell sequencing technologies, development of single-cell multi-omics technologies, collaborative initiatives to accelerate advancements, innovative solutions, key players’ partnerships.
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Segmentation & Regional Insights
The single-cell genome sequencing market covered in this report is segmented –
1) By Type: Instruments, Reagents
2) By Technology: Next-Generation Sequencing (NGS), Polymerase Chain Reaction (PCR), Quantitative Polymerase Chain Reaction (qPCR), Microarray, Multiple Displacement Amplification (MDA)
3) By Disease Area: Cancer, Immunology, Prenatal Diagnosis, Neurobiology, Microbiology, Other Disease Areas
4) By Application: Circulating Cells, Cell Differentiation Or Reprogramming, Genomic Variation, Subpopulation Characterization, Other Applications
5) By End User: Academic Research Laboratories, Biotechnology Biopharmaceutical Companies, Clinics, Other End Users
North America was the largest region in the single-cell genome sequencing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the single-cell genome sequencing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
Increasing the prevalence of cancer is expected to propel the growth of the single-cell genome sequencing market going forward. Cancer is a broad category of illnesses where aberrant cells develop and divide out of control. It results from changes in the genes that regulate cell division and control the normal functioning of cells. Cancer is a disease characterized by genetic alterations, and single-cell genome sequencing can help uncover the genetic changes that occur in individual cancer cells. For instance, in January 2023, according to the American Cancer Society, a US-based cancer-fighting organization, there were around 1.9 million new cancer cases and 609,360 cancer deaths in the US in 2022. Further, approximately 27.5 million new cancer cases and 16.3 million cancer deaths are estimated to occur by 2040. Therefore, the increasing prevalence of cancer is expected to propel the growth of the single-cell genome sequencing market.
Key Industry Players
Major companies operating in the single-cell genome sequencing market report are F Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., DH Life Sciences LLC., Becton Dickinson And Company (BD), Agilent Technologies Inc., Illumina Inc., Bio-Rad Laboratories Inc., QIAGEN GmbH, Bio-Techne Corporation, BGI Genomics Co. Ltd., Fulgent Genetics Inc., 10x Genomics Inc., Promega Corporation, Takara Bio Inc., Oxford Nanopore Technologies PLC, Pacific Biosciences of California Inc., Standard BioTools Inc., Singleron Biotechnologies, MGI Tech Co. Ltd, GENEWIZ Inc., Mission Bio Inc., Zymo Research Corporation, Menarini Silicon Biosystems SpA, Novogene Co. Ltd., RareCyte Inc., Fluxion Biosciences Inc., Single Cell Discoveries B.V., Parse Biosciences Inc., BioSpyder Technologies Inc., SeqWell Inc.
The single-cell genome sequencing market report table of contents includes:
1. Executive Summary
2. Single-Cell Genome Sequencing Market Characteristics
3. Single-Cell Genome Sequencing Market Trends And Strategies
4. Single-Cell Genome Sequencing Market – Macro Economic Scenario
5. Global Single-Cell Genome Sequencing Market Size and Growth
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32. Global Single-Cell Genome Sequencing Market Competitive Benchmarking
33. Global Single-Cell Genome Sequencing Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Single-Cell Genome Sequencing Market
35. Single-Cell Genome Sequencing Market Future Outlook and Potential Analysis
36. Appendix
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