(PharmaNewsWire.Com, December 22, 2017 ) According to the report Single-Cell Analysis Market, published by Market Data Forecast, the Latin America market is projected to reach USD 380 million by 2021, at a CAGR of 17.13% from 2016 to 2021.
Single-cell analysis comprises of studying the structure of different types of cells pertinent to human life at a cellular level. The detailed analysis provided by this type of analysis is helpful in several sectors and has been helped by the continuous technological advancement in R&D. The robust healthcare and pharmaceutical industries are driving the Latin America single-cell analysis market.
Latin America Single-Cell Analysis Market: Drivers & Restraints Numerous Technological advancements in single-cell analysis products, rising government funding for cell-based research, increasing biotechnology and biopharmaceutical industries, numerous applications of single-cell analysis in cancer research, rising focus on personalized medicine, and growing incidence and prevalence of chronic and infectious diseases are the primary factors driving the growth of the market.
Latin America Single-Cell Analysis Market: Overview In 2017, the consumables category is anticipated to command the largest share of the market. This category is also expected to register the highest CAGR during the forecast period. The growth of this category is due to the requirement of frequent and repeat purchase of these products as compared to instruments, which are considered as a one-time investment. In 2017, human cells category is expected to account for the largest share of the market. The growing application areas of human stem cells and rising incidence of diseases such as cancer are the major factors driving the growth of this category. In 2017, flow cytometry is anticipated to account for the largest share of the single-cell analysis market. The large share of the flow cytometry category can primarily be attributed to the wide usage of flow cytometry in single-cell analysis applications. In 2017, research application is anticipated to account for the largest share of the single-cell analysis market primarily due to the widespread use of single-cell analysis in cancer research. 2017, academic and research laboratories form the largest and the fastest growing end-user category in the single-cell analysis market. The large share and high growth of this category is attributed to the growth in funding for life science research.
Latin America Single-Cell Analysis Market: Region-wise Outlook By geography, the Latin America market is segregated into Brazil, Mexico, Chile, Argentina and others. The market forms a very small part of the global revenue but still offers a lot of promise in the coming years due to the exceptional growth rate that is second only to Asia-Pacific. The developing stature of the Brazilian and Mexican economies is the main reason behind the high CAGR of the region.
Key Questions Answered What is the current and future Single-Cell Analysis Market outlook in Latin America? What trends are affecting the Latin America market? What is the competitive landscape and market share of major players in the Single-Cell Analysis space in Latin America? What are the key, high growth markets that Single-Cell Analysis manufacturers should expand into? Which market segments are growing the fastest? What are the unmet needs with the Single-Cell Analysis currently on the market? How will emerging technologies fulfil these unmet needs? What is physician perception and market outlook of Coagulation/Haemostasis Analyser? What are the challenges and barriers that have hindered widespread adoption of Coagulation/Haemostasis Analyser?
Latin America Single-Cell Analysis Market: Key Players The single-cell analysis market is highly competitive with a large number of players. Some of the major ones are Merck KGaA, Becton, Dickinson and Company, Promega Corporation, Danaher Corporation, General ElectricCompany, Thermo Fisher Scientific, Miltenyi Biotec, Illumina, Bio-Rad Laboratories, Fluidigm Corporation, NanoString Technologies, Agilent Technologies, Abcam Plc, NuGEN Technologies Inc., LumaCyte, PluriSelect Life Science UG & Co. KG, Sysmex Partec, Bio-Techne Corporation, Promega Corporation, 10x Genomics, WaferGen Bio-systems, Bruker, and Fluxion Bioscience.
Reasons to buy Single-Cell Analysis Market Report: Latin America, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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