Spatial Omics Market To Register Double-Digit Growth of 17.5% During 2021-2028

26-Aug-2021 | Zion Market Research

The spatial omics market is slated to accumulate earnings about USD 625 million by 2028 with a CAGR of 17.5% from 176 million in 2020, as per Zion Market Research Report. Breakthroughs in tissue sequencing, genome sequencing, and single cell sequencing are anticipated to contribute astoundingly towards spatial omics market size during forecast timespan. Large-scale requirement of gene expression data & need for DNA as well as RNA mapping visualization will drive market trends. Increase in use of spatial genomics in drug discovery will offer new growth opportunities for spatial omics market in years ahead. In addition to this, huge fund allotment for biopharmaceutical research activities will prompt growth of spatial omics market in foreseeable future.

Rising Incidences of Chronic Disorders To Drive Market Growth

Increase in occurrence of chronic ailments such as cancer will open new vistas of growth for spatial omics market in upcoming years. Apart from this, surge in biomarker demand and massive use of Proteomics, Genomics, Metabolomics, and Transcriptomics techniques in biotech research, clinical research, and genome research activities will sketch a profitable growth trajectory for spatial omics industry in foreseeable future.  With COVID-19 pandemic spreading rapidly across the globe, market for spatial omics is anticipated to witness accelerated growth over coming years.

North American Spatial Omics Market To Witness Massive Expansion By 2028

The growth of spatial omics market in North America over forecast timeline can be credited to surge in demand for personalized drugs for treating chronic diseases such as cancer. In addition to this, easy access to improved healthcare amenities and availability of new diagnostic procedures in countries such as Canada and the U.S. will help spatial omics market explore new avenues of growth in North America. Apparently, rise in rate of morbidity as a result of cancer, autoimmune disorders, inflammatory diseases, and metabolic ailments will provide impetus to researchers for developing new methods of treating these disorders, thereby steering regional industry growth. Additionally, firms such as Nanostring Technologies, Inc., based in North America are introducing initiatives such as Technology Assess Program that makes use of spatial applications such as GeoMx Digital Spatial Profiler & Spatial Molecular Imager tool for examining cell tissues of patients. All such initiatives will further promote regional market growth.

Key players profiled in study are Bruker Corporation, PerkinElmer, Inc., BioSpyder Technologies, Dovetail Genomics, IonPath, Inc., Nanostring Technologies, Inc., Bio-Techne, Akoya Biosciences, Inc., Seven Bridges Genomics, Danaher Corporation, Brooks Automation, Inc., Diagenode Diagnostics, S2 Genomics, Inc., Biognosys AG, Vizgen Corporation, and Rebus Biosystems.

Browse the full Spatial Omics Market - By Technique (Spatial Transcriptomic, Spatial Proteomics, And Spatial Genomics), By Product (Instrument, Software, And Consumables), By End-User (Academic Institutes, CROs, And Research Institutes), And By Region- Global Industry Perspective, Comprehensive Analysis, And Forecast, 2021 – 2028.” Report at https://www.zionmarketresearch.com/report/spatial-omics-market

The global spatial omics Market is segmented as follows:

By Technique

  • Spatial Transcriptomic
  • Spatial Proteomics
  • Spatial Genomics

By Product

  • Instrument
  • Software
  • Consumables

By End-User

  • Academic Institutes
  • CROs
  • Research Institutes

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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