Single Cell Sequencing Market Size to Reach USD 6,193.01 Million in 2032

Growing usage of single-cell sequencing in oncology is one of the significant factors influencing the Single Cell Sequencing Market growth.

Vancouver, Nov. 30, 2023 (GLOBE NEWSWIRE) — The global single-cell sequencing market is expected to reach USD 6,193.01 Million by 2032, according to a new report by Emergen Research. Single-cell sequencing finds widespread use in resolving heterogeneity of tumor, reconstruction of cancer cell evolutionary courses, and identification of rare sub-clones, thereby providing a promising technique for addressing resistance to drugs.

Recently, researchers at the University of South California (USC) have developed a method using single-cell sequencing to identify sub-clones in cancer tissue that could provide important biological insights into how cancer progresses, how it spreads, and why it can become resistant to treatment.

Increased investment in the R&D activities by the companies in the single-cell sequencing industry crucial in driving the growth of the market. For instance, 10X Genomics, a leading biotech firm engaged in the design and production of tech for genome sequencing, reported that its R&D expenditures rose to USD 22.2 million in the third quarter 0f 2019 from USD 11.1 million in 2018 during the same period, fueled by increased funding in workforce hiring, infrastructure development, and supplies.

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Scope of Research

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Major Companies and Competitive Landscape

The leading players in the single-cell sequencing market are equipped with enhanced production facilities and are involved in various R&D activities.

A few leading players in the single-cell sequencing market include:

• Illumina
• Thermo Fisher Scientific Inc.
• Fludigim
• Bio-Rad
• Becton, Dickinson, & Company
• Qiagen
• F Hoffman-La Roche Ltd.
• BGI
• 10X Genomics Inc.
• Oxford Nanopore Technologies

Strategic Development

In February 2018, PerkinElmer entered into an agreement for the acquisition of RHS for worth USD 19.7 million. The deal is intended to expand the genomic research offerings of PerkerElmer with the RHS’s single-cell genomics technologies.

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Some Key Highlights from the Report

• Single-cell isolation aids in achieving cell viability of 99.0% without interfering with whole genome amplification, polymerase chain reaction (PCR), or whole transcriptome amplification (WTA) reactions and therefore held a substantial share of the market in 2019.
• The next-generation sequencing (NGS) technology has drawn the attention of many companies and investors in various fields, including fundamental research, discovery, and production of pharmaceutical drugs, reproductive, and consumer genomics.
• Instruments, in terms of revenue, held a larger market share in 2019, owing to the development and usage of advanced tools and solutions in the treatment of various chronic and infectious diseases.
• Single-cell sequencing enables the categorization of cell types, as well as subtypes in the central nervous system at the transcriptome level, thereby aiding to solve issues associated with the complexity and heterogeneity of the nervous system and find out the brain formation mechanisms at various stages of developmental.

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Emergen Research has segmented the global single-cell sequencing market on the basis of product type, workflow, technology, disease type, application, end-use, and region:

• Product Type Outlook (Revenue, USD Billion; 2017-2032)
  • Reagents
  • Instruments
• Workflow Outlook (Revenue, USD Billion; 2017-2032)
  • Single Cell Isolation
  • Sample Preparation
  • Genomic Sequencing
• Technology Outlook (Revenue, USD Billion; 2017-2032)
  • Sequencing
  • qPCR
  • Microarray
  • MDA
  • PCR
• Disease Type Outlook (Revenue, USD Billion; 2017-2032)
  • Oncology
  • Immunology
  • Prenatal Diagnosis
  • Neurobiology
  • Microbiology
  • Others
• Application Outlook (Revenue, USD Billion; 2017-2032)
  • Circulating Cells
  • Cell Differentiation/Reprogramming
  • Subpopulation Characterization
  • Genomic Variation
  • Others
• End Use Outlook (Revenue, USD Billion; 2017-2032)
  • Academic & Research Laboratories
  • Hospitals & Clinics
  • Biopharmaceutical & Biotechnology Companies
  • Others
• Regional Outlook (Revenue, USD Billion; 2017-2032)
  • North America
    1. U.S.
    2. Canada
  • Europe
    1. Germany
    2. UK
    3. France
    4. BENELUX
    5. Rest of Europe
  • Asia Pacific
    1. China
    2. Japan
    3. South Korea
    4. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • MEA
    1. Saudi Arabia
    2. UAE
    3. Rest of MEA

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