Single Cell Analysis Market Size, Share, and Trends 2024 to 2034

Single Cell Analysis Market Size and Growth 2024 to 2033

The global single cell analysis market size accounted for USD 3.5 billion in 2023 and is projected to hit around USD 16.57 billion by 2033, growing at a CAGR of 16.82% during the forecast period from 2024 to 2033.

Single Cell Analysis Market Key Takeaways

• In 2023, By product, the consumables segments have dominated the market with a share of about 53% in terms of revenue.
• In 2023, By application, the cancer segments have dominated the market share of about 32% and this will continue to grow well in the coming years.
• The library preparation and isolation segment will have a larger market share. 
• In 2023, By end user, the research and academic laboratories segment has contributed a market share of 72%.
• In 2023, The North America region accounted for 37% of the revenue share and will gradually increase in the coming years.

Single Cell Analysis Market Size in the U.S. 2024 to 2033

The U.S. single cell analysis market size was estimated at USD 910 million in 2023 and is predicted to be worth around USD 4,600 million by 2033, at a CAGR of 17.59% from 2024 to 2033.

North American region hit the largest market share of about 37% which will gradually increase in the coming years. As a large number of funds are received from the government the market is expected to grow well. Increasing awareness about personal health care and the expenditure associated with this kind of healthcare will lead to the growth of the market. The availability of the analytical techniques and tools in the market will provide good opportunities for this market to grow. The presence of the trained personnel will also support the growth of the market.

Apart from the growth of this market in the North American region, significant growth will be registered in the Asia Pacific region. It will show a growth of the highest compound annual growth rate in the coming years. As the medical industry in this region is growing rapidly and the number of investments made in the healthcare sector is also increasing the market will see good opportunities in the Asia Pacific region. As the geriatric population in this region has also increased the need for the tools used in the diagnosis of the disease will also grow as many projects are outsourced to the Asia Pacific region this market is expected to grow well.

Single Cell Analysis Market Size in Europe 2023 to 2033

The Europe single cell analysis market size was calculated at USD 930 million in 2023 and is projected to expand around USD 4,640 billion by 2033, poised to grow at a CAGR of 17.46% from 2024 to 2033.

Single Cell Analysis Market Overview

Single-cell analysis is a study related to transcriptomics, proteomics genomics, and metabolomics. Single-center emphasis is also associated with the studies of cell interactions. All of these studies are conducted at the level of single cell. There are many reasons why this market is expected to grow well in the coming years period technological advancements will play an important role in the growth of the market.

The use of this analysis in the research activities associated with Cancel will lead to the growth of the market during the forecast period. The number of funds received by the government for the research associated with cancer will increase in the coming years period all of these factors will help in the growth of the single cell analysis market during the forecast period. Many deaths occur across the world due to cancer. The number of deaths associated with cancer has increased rapidly in recent years. In order to diagnose this disease, the need for single cell analysis will grow in the coming years. Increased use of automated workflows will also help in the growth of the market.

The instruments used in this procedure are expensive and they've shall hamper the growth of the market during the forecast period. In order to maintain higher standards of quality the amount of research conducted in this field is expensive. The use of the instrument is expensive due to which this procedure is expensive. Budget constraints will hamper the growth of the market.

Single Cell Analysis Market Scope

Single Cell Analysis Market Growth Factors

As the cases of cancer have increased across the world and the use of advanced technology has also increased the demand for this analysis will grow. Many organizations and governments have initiated better funding for all the research activities associated with this field. Improvement in developmental and research activities will provide better opportunities for the growth of the market in the coming years. The use of advanced devices in the analysis and the use of technology like sequencing will provide better opportunities for the growth of the market.

This market had seen positive growth even during the outbreak of the COVID-19 pandemic as the need for these analysts had increased. In order to understand the genetic basis, the single cell analysis technique is used on a large scale. It helps in discovering drugs and diagnosing the disease and this is expected to be an advancement in the medical field. innovative research will also provide good opportunities for the growth of this market. Many new features are provided in the equipment used for the analysis like high-sensitivity automation and accuracy.

The market is expected to grow well in the coming years as it is seen to be the most powerful for the identification of diseases specific biomarkers. It also helps in the detection and monitoring of a particular disease after its onset. It also helps in understanding the response of the patient to the ongoing treatment. Most of the market players are constantly engaged on coming up with developed reagents or instruments which will provide better results.

• Research and development activities have increased in the recent years
• growth of the biotechnology industry and the pharmaceutical industry will help in the growth of the market
• increase in the cases of cancer will drive the market growth

Single Cell Analysis Market Dynamics

Key Market Drivers

• The need for cancer genomics has grown - Increase in the demand for the process of cancer genomics will lead to increased use of single cell analysis. This happens to be the most important applied use of this technique. Extensive research is conducted in the field of this particular disease in order to understand the presence of the disease and in order to understand the line of treatment the need for single cell analysis will grow in the coming years. Precise diagnosis also plays a significant role in monitoring and controlling the disease. 
• Increased efficiency in monitoring - In order to diagnose the disease correctly the use of this technology plays a significant role and it also helps in understanding the mode of treatment. It enhances the monitoring of the device and all of these factors will help in the growth of the market. As the number of cases of cancer has increased in recent years treatment and detection are extremely important. Extensive research is conducted in this field which will also drive market growth.

Key Market Challenges

• Expensive research activities - In order to maintain the standards, the research activity becomes expensive as the products used are high-grade products, and these products are expensive. Another reason that will hamper the growth of this market or prove to be a challenge in the growth of this market is the presence of the guidelines which makes the procedure complex. The instruments used are expensive and it does not meet the budget requirements. The maintenance of these instruments is also high and it also leads to unnecessary expenses. All of these factors are considered to be the reasons that will hamper the growth of this market in the coming years. The use of microfluidic devices and the use of flow cytometers will reduce in the years to come and they will have lesser applications in research as well as clinical.

Key Market Opportunities

• The growth potential is high - Even though there are many reasons that are expected to hamper the growth of the market the availability of the tools used in the diagnosis are powerful tools and they help in precise diagnosis and monitoring. The availability of these devices that help in understanding the progress and the presence of a particular disease will lead to the growth of the market. It also helps in understanding the response of the patient to the decided treatment. Many details associated with genetic mutations are also acquired with the help of this analysis. Men new instruments will be launched in the market and many instruments will be developed during the forecast period. 

Product Insights

On the basis of the product, the segment of consumables has dominated the market in the past with a share of about 53% in terms of revenue. As the demand for the beads used in cell sorting has increased the market is expected to grow well. As the sales of the reagents and buffers have also grown the segment of consumables is expected to grow. The segment will show significant growth due to an increase in the number of scientific activities. The demand for reagents has increased drastically in recent years and the amount of revenue generated through the sales of these reagents will also help in driving the market growth for the coming years.

Application Insights

Based on application, the segment of cancer has dominated the market in the past with a share of about 32% and this will continue to grow well in the coming years. Cancer is considered to be a common reason for many deaths across various nations. It was predicted that a lot of cases of cancer will arise in the coming years. As the research activities conducted in this field have also increased the use of the devices for diagnosis and therapy will also grow. The growing demand for personalized medicines will drive the market growth period regenerative medicines are also in great demand. The use of this technique will continue to grow as the need for the transplant of bone marrow and organ have also increased to a great extent.

Workflow Insights

The library preparation and isolation segment will have a larger market share. The demand for this segment has grown as the applications of this technology have increased in recent years. Apart from the growth of this segment, the downstream analysis segment will also show significant growth. As the level of automation in machines has also increased and the use of artificial intelligence has also grown the demand for this technology will increase in the coming years. The methods used for competition are also advanced and the availability of software in the market will provide good benefits for the market players. All of these factors will provide better success rates, flexibility as well as scalability.

End User Insights

About 72% of the share will be held by the research and academic laboratories segment. As the number of scientific projects carried on across the world has increased the market is expected to grow well. The introduction of new advanced technologies will provide good opportunities for this market in the coming years.

Microfluidics is in great demand in order to develop gene therapies and cell therapies. For the research conducted in drug development, multi-omics will be in good demand

Single Cell Analysis Market Recent Developments

• The new workflow was launched by Qiagen in the year 2019 which will help in a next-generation sequence which would be through the RNA and DNA libraries.

Single Cell Analysis Market Companies

• Thermo Fisher Scientific
• Novogene corporation
• Illumina Inc
• BGI
• Fluidigm corporation

Segments Covered in the Report

By Product

• Consumables
• Instruments

By Application

• Cancer
• Neurology
• Stem cell
• Immunology next line in vitro fertilization
• Noninvasive prenatal diagnosis

By Workflow

• Downstream analysis
• Single cell isolation and library preparation
• Data analysis

By End User

• Research and Academic Laboratories
• Biotechnology & Pharmaceutical Companies
• Hospitals & Diagnostic Laboratories
• Others

By Geography

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa (MEA)