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Driving and Inhibiting Factors of Single Cell Sequencing Market

 


A paradigm shift in the dynamics of the market is expected to be witnessed around 2029 with the introduction of imaging solutions and single cell automated system in full scale. The leading players in the market are undertaking the necessary steps to tackle the shift in dynamics and sustain the competition.

The global single cell sequencing market is divided into two main categories, instruments and consumables. Kits and consumables market share was valued at $727.2 million of the global single cell sequencing market value in 2018. Also, the kits and consumables is expected to witness impressive growth. The sub-segment is expected to grow with a CAGR of 15.67% during the forecast period 2019-2029. This reflects the dependency of single cell sequencing market on consumables, which is expected to continue to grow in the future.

Single cell sequencing workflow is majorly divided into three segments: single cell isolation, single cell preparation, and single cell analysis. Presently, the market is dominated by single cell analysis techniques. Several key players, such as 10x Genomics, Mission Bio, Bio-Rad Laboratories, and Fluidigm Corporation, have systems and platforms for single cell analysis.

The recent advancement in the technologies for single cell analysis and the availability of funding to promote the research on various applications of single cell technology are factors that have enabled the academic and research institutions to invest in various research studies on single cell sequencing.

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