Single Cell RNA Sequencing Market Size, Share, Trends, Current and Future Analysis | $2.93 billion in 2031

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Single Cell RNA Sequencing Market
The single cell RNA sequencing market is anticipated to reach a value of $2,931.3 million in 2031 from $386.7 million in 2020, witnessing a compound annual growth rate (CAGR) of 17.08% during the forecast period 2021-2031.

Factors driving the growth of the single cell RNA sequencing market are rising applications of single cell RNA sequencing in cancer studies and treatment, increasing awareness and acceptance of personalized diagnostics on a global level, decreasing cost of sequencing, and increasing government funding for healthcare.

What are the challenges restricting the growth of the single cell RNA sequencing market?

Some of the main challenges restricting the growth of the single cell RNA sequencing market are computational challenges in data analysis of ScRNA sequencing, high capital requirement, and lack of infrastructure and expertise.
The potential opportunities that are likely to boost the growth of the single cell RNA sequencing market are expansion into emerging markets, expansion into new Research application, and expansion of the product portfolio.

View Report- https://bisresearch.com/industry-report/single-cell-rna-sequencing-market.html

 

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