Single-cell Analysis Market

Becton, Dickinson and Company (US), Danaher Corporation (US) and Merck Millipore (US) are leading players in Single-cell Analysis Market

The global single-cell analysis market is projected to reach USD 5.6 billion by 2025 from USD 2.1 billion in 2019, at a CAGR of 17.8% during the forecast period. Growth in this market is driven by technological advancements in single-cell analysis products, increasing government funding for cell-based research, growing biotechnology and biopharmaceutical industries, wide applications of single-cell analysis in cancer research, growing focus on personalized medicine, and the increasing incidence and prevalence of chronic and infectious diseases. However, the high cost of single-cell analysis systems is expected to restrain the growth of this market during the forecast period.

The single-cell analysis market is highly consolidated, with a few players competing for a larger market share. The top five players account for more than half of the total market share, while other global and regional market players account for the remaining share.

Prominent players in this market include Becton, Dickinson and Company (US), Danaher Corporation (US), Merck Millipore (US), QIAGEN (Netherlands), Thermo Fisher Scientific (US), General Electric Company (US), 10x Genomics (US), Promega Corporation (US), Illumina (US), Bio-Rad Laboratories (US), Fluidigm Corporation (US), Agilent Technologies (US), NanoString Technologies (US), Tecan Group (Switzerland), Sartorius AG (Germany), Luminex Corporation (US), Takara Bio (Japan), Fluxion Biosciences (US), Menarini Silicon Biosystems (Italy), and LumaCyte (US). These players adopted the strategies of partnerships, agreements, and acquisitions to expand their presence in the global single-cell analysis market.

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Becton, Dickinson and Company held the leading position in the global single-cell analysis market in 2018. The company provides technologically advanced products to hospitals, life science companies, clinical laboratories, and biopharmaceutical and pharmaceutical companies. The company adopts the strategies of product launches and collaborations in order to offer innovative solutions and sustain its leading position in the market. It also focuses on offering solutions and technologies to the research community in order to assist scientists and researchers by developing and manufacturing high-quality diagnostic and imaging products.

Danaher Corporation held the second position in the global single-cell analysis market in 2018. The company offers a broad range of products in the single-cell analysis market, including flow cytometers, cell counters, mass spectrometers, reagents, and kits. The company pursues the strategies of product launches, expansions, agreements, acquisitions, and partnerships. Over the years, the company has acquired several players operating in the single-cell analysis market, such as Beckmann Coulter and Molecular Devices.

Merck Millipore ranked third in the global single-cell analysis market in 2018. The company offers lab materials, services, and technologies for the research, development, and production of pharmaceutical and biotechnology drug therapies. The company’s Life Science segment offers single-cell analysis products. Merck pursues organic growth strategies, such as product launches and expansions. The company launched several products in recent years, including the CellStream Flow Cytometer in April 2018. This flow cytometer is designed to provide more accurate data and analysis to end users.

Related Reports:

Single-cell Analysis Market by Cell Type (Human, Animal, Microbial), Product (Consumables, Instruments), Technique (Flow Cytometry, NGS, PCR, Mass Spectrometry, Microscopy), Application (Research, Medical Application), End User - Global Forecasts to 2025

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Report Code
BT 4224
RI Published ON
2/20/2020
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