USD 244.36 million
Spatial Omics Market Size, Share, Growth Analysis, By Technology(Spatial Transcriptomics, Spatial Genomics, Spatial Proteomics.), By Product(Instruments, Consumables, Software.), By Workflow(Sample Preparation, Instrumental Analysis, Data Analysis.), By Sample Type(FFPE, Fresh Frozen), By End Users(Academic & Translational Research Institutes, Pharmaceutical and Biotechnology Companies), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35H2069 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|Tables:
142
|Figures:
80
Spatial Omics Market Insights
Spatial Omics Market size was valued at USD 244.36 million in 2019 and is poised to grow from USD 267 million in 2023 to USD 564.11 million by 2031, growing at a CAGR of 9.4% in the forecast period (2024-2031).
Through the spatial phenotyping method, Decoding the primary sequence of genes has been shifted to assessing the position and interaction of cell types and biomarkers. The rising prevalence of various types of genetic disorders, advances in sequencing technology world wide, and an increase in money spending on innovation for spatial omics research are all helping to increase the market growth.
Major companies in the market offer various solutions for spatial omics studies, Which helps in the quantification of around 1,800 RNA targets. Spatial OMICS blends the molecular analysis with spatial information on the cell within the tissue. The spatial pattern of the genome has been identified for the treatment of various diseases because of that spatial information is being used as a diagnostic biomarker for identifying the medical condition. This technology is providing a help tool to understand important mechanisms such as tissue organisation or cell regulation in the body.
US Spatial Omics Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Consumables
Fastest Growth
Instruments
Growth Rate
9.4% CAGR
Global Spatial Omic Market, 2021-2028 ($ Mn)
Country Share for North America Region- 2021 (%)
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Spatial Omics Market Segmental Analysis
Spatial omics market is segmented based on the technology, product, workflow, sample type, end use, region. Based on the technology, the market is segmented into Spatial Transcriptomics, Spatial Genomics, Spatial Proteomics. Based on the product, the market has been segmented into Instruments, Consumables, Software. Based on the workflow, the market has been segmented into Sample Preparation, Instrumental Analysis, Data Analysis. Based on the sample type, the market is segmented as FFPE, Fresh Frozen. Based on end users, the market is segmented into Academic & Translational Research Institutes, Pharmaceutical and Biotechnology Companies. Based on Region it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Spatial Omics Market Analysis by Technology
The spatial transcriptomics segment dominated the market of spatial osmic and held 64.00% market share in 2021. The transcriptomic of single cells study accelerated due to advancements in sequencing technologies. For comprehensive studies of multicellular organisms, efforts are being made to develop new solutions for high-throughput genomic analysis by maintaining sample/tissue spatial information under observation or subcellular localization of analyzed DNA/RNA. It is owing to the emerging potential of spatial genomic analysis as a cancer diagnostic tool. The spatial genomics segment is expected to have the fastest growth during the forecast period. FISH is the most commonly used method for spatial genomics.
Spatial Omics Market Analysis by Product
The consumables segment dominated the spatial omics market and held the largest share of 53.01% in 2021. Due to the high utilization rate and launch of novel products. Top companies are focusing on chemical cross-linking of protein consumable products, which will help in market growth in forecast period. The growth of the software segment is attributed to the extensive use of tools for the analysis of single-cell omics data.
Global spatial Omics Market Size By Product, 2021-2028 (%)
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Spatial Omics Market Regional Insights
North America held the largest share of the global spatial omics market in 2021. This is due to the increasing prevalence of cancer, increasing demand for personalized medicine, well developed healthcare facilities in the North America region and availability of new diagnostic techniques. Due to cancer and other metabolic, autoimmune, and inflammatory disorders morbidity and mortality rates are increased and have increased demand for developing novel therapies that will increase the market growth in these regions.
Asia Pacific will also flourish during the forecast period. Companies are expanding their biological research activities, which increased adoption of omics tools in the region and drove the market growth. Some companies are launching new products to understand developing genome editing applications with CRISPR/Cas9.
Global Spatial Omic Market By Geography, 2021-2028
- Largest
- Fastest
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Spatial Omics Market Dynamics
Spatial Omics Market Drivers
Rising Number of Genetic Disorders to Boost Market Growth
- Due to some uncertainty many people have various diseases that transfer from one generation to another generation. Humans want to identify these types of disorders with the help of osmic Technology. Such types of factors increased the demand for spatial osmic tools.
Spatial Omics Market Restraints
Lack of Skilled Professionals to Hinder Market Growth
- limited research expertise in the field will hinder market growth during the forecast period. Moreover, Spatial omics is a new area of research hence, its acceptability is sparse.
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Spatial Omics Market Competitive Landscape
Spatial omics market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D.
Spatial Omics Market Top Player's Company Profiles
- 10x Genomics
- NanoString Technologies
- Ilumina
- Fluidigm Corporation
- Akoya Biosciences (formerly PerkinElmer)
- Agilent Technologies
- Ultivue Inc.
- S2 Genomics, Inc.
- RareCyte, Inc.
- ZEISS Group
- Miltenyi Biotec
- Bio-Techne Corporation
- Spatial Transcriptomics
- Visiopharm
- Indica Labs, Inc.
- Miroculus, Inc.
- Bio-Rad Laboratories, Inc.
- Luminex Corporation
- Oxford Nanopore Technologies
- Takara Bio Inc.
Spatial Omics Market Recent Developments
- In September 2022, vizgen announced the launch of the MERSCOPE Protein Co-detection Kit, enabling subcellular spatial multi-omics measurement with the simultaneous detection of RNA and proteins during a standard MERFISH experiment.
- In June 2022, Vizgen Showcases Expansion of MERSCOPE™ In Situ Single-Cell Spatial Genomics Platform Capabilities at AGBT.
Spatial Omics Key Market Trends
- The spatial omics technique used for detecting the mechanisms that govern the specific cell interactions at the tumour boundary. This novel technique offers an opportunity to be better helpful in the early detection of malignancy.
- Top companies are launching new products such as cancer diagnosis tools, which will increase demand for the spatial osmic market during the forecast period.
Spatial Omics Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our spatial omics market analysis, among regions North America is capturing higher market share, the growth of the region is attributed to increasing prevalence of cancer, increasing demand for personalized medicine, and well developed healthcare facilities. Asia Pacific is the fastest growing region and contributor to market growth of spatial omics. In terms of technology, the spatial transcriptomics segment dominates the spatial omics market. This segment's leading position can be attributed to its advancements in sequencing technologies. In terms of product, the consumables segment led the market and is predicted to grow at the fastest rate, due to the high utilization rate and launch of novel products.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 244.36 million |
| Market size value in 2031 | USD 564.11 million |
| Growth Rate | 9.4% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
Spatial Omics Market Recent Developments
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Spatial Omics Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Spatial Omics Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Spatial Omics Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Spatial Omics Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Spatial Omics Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Spatial Omics Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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