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Single cell genome sequencing involves isolating single cells and analyzing the genome of each cell separately. It has gained prominence in recent years due to its ability to study cellular heterogeneity at an unprecedented resolution. Single cell sequencing helps to identify rare cell types and trace cell lineage decisions during development, disease onset and response to therapy. It has wide application in cancer research for understanding tumor evolution, detecting circulating tumor cells and deciphering intra-tumor heterogeneity. Other key applications of single cell sequencing include neurobiology, immunology and stem cell research.
The Global Single Cell Genome Sequencing Market is estimated to be valued at US$ 2.63 Bn in 2024 and is expected to exhibit a CAGR of 3.9% over the forecast period from 2024 to 2030.
Key Takeaways
Key players operating in the single cell genome sequencing are Logitech International SA, Microsoft Corporation, Datadesk Technologies, Inc., Fentek Industries Inc., Adesso AG, Shenzhen V4 Electronic Co., Ltd., Fellowes Limited, Kinesis Corporation, Gold Touch Enterprise Inc., and Posturite UK Ltd. Rapidly declining costs of sequencing is encouraging adoption by research institutes and pharmaceutical companies. Technological advancements have enabled analysis of thousands of cells in parallel, improving throughput and discovery potential.
Major companies are focusing on geographical expansion to tap Single Cell Genome Sequencing Market Growth opportunities in emerging markets. For instance, 10x Genomics recently opened facilities in Belgium and China. Fluigent launched its microfluidic platform in India in 2020. Such initiatives will help make single cell analyses accessible to global research communities.
Rising cancer incidence, increasing R&D investments in immunology and growing stem cell therapies market are expected to drive the demand for single cell genome sequencing. Growing application scope in prenatal diagnosis and non-invasive prenatal testing using cell-free DNA analysis from maternal blood is opening new avenues.
Market Drivers
Declining cost of sequencing: Continuous reductions in the cost of sequencing equipment and consumables is increasing the affordability of single cell sequencing experiments. This key driver is expected to boost adoption in research as well as clinical settings.
Technological advances: Introduction of microfluidic platforms, droplet-based workflows and automation solutions have enhanced throughput, reproducibility and analysis potential. This is a major factor contributing to market growth.
Market Restrain
Complexity of workflow: Isolating viable single cells and preparing representative sequencing libraries requires specialized expertise and infrastructure. Technical challenges related to whole genome amplification add to the complexity. This restrain limits widespread adoption.
Lack of standardization: Absence of standardized protocols and quality control measures hinders multi-center clinical trials and collaborative research involving data from different sources. It poses challenges for translation into clinical practice.
Segment Analysis
Single Cell Genome Sequencing Market, there are mainly two types of single cell sequencing instruments: Next Generation Sequencing and PCR. Next Generation Sequencing dominates the market as it provides high-throughput analysis and sequencing data quickly at a reduced cost. Single cell RNA sequencing and whole genome sequencing are the major applications of single cell genome sequencing techniques. Single cell RNA sequencing is currently the dominating sub-segment as it allows profiling gene expression for thousands of cells simultaneously and helps in understanding cell heterogeneity.
Global Analysis
In terms of regional analysis, North America is dominating the Single Cell Genome Sequencing Market owing to high adoption of technologically advanced products, rising R&D investments in life science research and availability of favorable funding from private and public organizations in the US and Canada. Asia Pacific is forecasted to grow at the fastest rate during the forecast period owing to increasing healthcare expenditures, rising incidences of chronic diseases, growing geriatric population and increasing awareness about personalized medicine in countries such as Japan, China and India.
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