Single-Cell Analysis Market
The GMI Research report asserts that the Single-Cell Analysis Market will expand at an annual rate of 15.1% over the forecast period. This is because of the ongoing technological modernisations in single-cell analysis and the intensified research and development in the pharmaceutical industries.
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Single-Cell Analysis Market Dynamics
The growth in the single-cell analysis market is attributed to the ongoing technological innovation in the techniques required for the multiplication and manipulation of single-cells. These techniques isolate cells in a modest way to certify the cell visibility. These include printer and cell microfluidic platforms that mobilize picodroplet technology, like Cyto-Mine Single Cell Analysis System, which protect the individual cells from shear stress. The resilience to conduct a continuous analysis of a single cell can offer an insight into its positive changes. Besides this, as per the Single-Cell Analysis Market global forecast, the increasing application of artificial intelligence in single-cell helps to identify changes in data, such as offering diagnostics and support the primitive detection of diseases. Thus, all these factors will contribute to the market growth. Moreover, the accelerating incidences of cancer have strengthened the Single-Cell Analysis Market size. For instance, as stated by the International Agency for Research on Cancer, the approximated cases of the cancer increased to 19.3 million with nearly 10 million deaths in 2020.
However, the increasing agitation towards huge cost of instruments with confined norms by managerial authorities has restrained the Single-Cell Analysis Market size. Moreover, the huge cost of technology has made its adoption difficult by small or medium laboratories.
End User Segment Drivers
Based on the End User, the academic and research laboratories segment is anticipated to seize a significant share in the market during the forecast period. This is attributed to the accelerating number of medical colleges and universities. Several research institutes are investing in research and development on evaluating dimensional heterogeneity in a gene expression profiles at cellular level. Moreover, this single-cell transcriptomics are increasingly used by neuroscientists to acknowledge which cell types form the brain. Thus, this factor has bolstered the Single-Cell Analysis Market share.
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