Key Companies Profiled
$3,188.9 Million
Healthcare experts have found the single-cell multi-omics market to be one of the most rapidly evolving markets, which is predicted to grow at a CAGR of 21.16% during the forecast period, 2020-2025. The market is driven by the need for the development of an advanced solution based on single-cell technology for clinical research in various applications such as cancer, rare disease, cell biology, and synthetic biology, among others.
The market is favored by the development of single-cell technology-based solutions for visualization and analysis of cell heterogeneity, tumor microenvironment, and antibody development. The gradual increase in the prevalence of oncology and rare diseases globally has furthered the single-cell multi-omics market.
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FREMONT, Calif., Feb. 23, 2021 /PRNewswire/ The premium market intelligence report published by BIS Research on the title Global Single-Cell Multi-Omics Market highlights that the market is projected to reach $3.18 billion by 2025. The study also highlights that the market is set to witness a CAGR of 21.16% during the period between 2020 and 2025. The growth is aided by factors including increasing utilization of single-cell RNA sequencing for various cancer research.
The single-cell multi-omics approach enables integrating different molecules and analyzing different types of molecules from a same cell. This helps in accessing multi-faceted information and insights on the characteristics of molecular layers of several individual cells. The information derived is further beneficial in diagnosing and modifying the drugs being developed. Through the advances in single-cell analysis assays, information on the genotypic and phenotypic traits c