Spatial Omics Market Size, Share, Growth Report 2032

Spatial Omics Market Insights

According to a report from Zion Market Research, the global Spatial Omics Market was valued at USD 390.68 Million in 2023 and is projected to hit USD 944.07 Million by 2032, with a compound annual growth rate (CAGR) of 10.3% during the forecast period 2024-2032. This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Spatial Omics Market industry over the next decade.

The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Million).

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Spatial Omics Market: Overview

Complicated intercellular interactions and bio-molecular cues from extracellular matrix (ECM) severely impact cell functions. However, conventional proteomic & transcriptomic approaches have offered deeper insights into disease proliferation through identification of discrete cell population along with other pathological issues. Nevertheless, these methods are not able to accurately assess as to how a cellular state can relate interactions with surrounding cells. Moreover, spatial omics methods provide high resolution mapping of expression profiles of cell tissues similar to that provided by mass spectroscopy. Ability to retain spatial content of various cells in samples along with their cellular geometry and surrounding ECM is likely to offer spatial omics with an opportunity of exploring unexplored signal modalities, thereby brining a paradigm shift in ECM research activities & our understanding of fibrotic ailments.  

Spatial Omics Market: Report Scope

Spatial Omics Market: Growth Drivers

Surge in acceptance of spatial genomics by start-ups and small firms along with its massive use in biomarker identification will drive market trends. In addition to this, rise in application of spatial genomics in drug development and medicine discovery will create lucrative avenues for spatial omics industry in foreseeable future. Rise in allocation of funds in biopharmaceutical sector will enlarge application scope of spatial omics in upcoming years. Nevertheless, low awareness about spatial omics methods in developing economies as well as high device costs will restraint growth of spatial omics industry over forecast timespan.

Furthermore, rapid spread of COVID pandemics has further boosted growth of spatial omics market over assessment period. Breakthroughs in tissue sequencing, gene sequencing, and single cell sequencing have led to evolution of spatial genomic sequencing methods, thereby driving spatial omics market expansion. In addition to this, growth of new techniques for spatial omics is set to produce lucrative avenues for research & diagnostics, thereby enhancing size of spatial omics industry.    

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Spatial Omics Market: Regional Landscape

North American Market To Acquire Numero Uno Position By 2028

The regional market expansion during forecast timeline can be attributed to rise in cancer cases along with escalating necessity of personalized drugs. Apart from this, presence of robust healthcare infrastructure & amenities and access to new diagnostic methods will define growth of business in sub-continent over assessment period. Rise in rate of mortality owing to surge in cancer, autoimmune disorders, inflammatory ailments, and metabolic diseases will generate need for new medical treatment modes, thereby boosting regional market trends.

Spatial Omics Market: Competitive Landscape

Key participants profiled in study and leveraging market growth include

• PerkinElmer Inc.
• Dovetail Genomics
• IonPath Inc.
• Nanostring Technologies Inc.
• Seven Bridges Genomics
• Danaher Corporation
• Bio-Techne
• Akoya Biosciences Inc.
• Diagenode Diagnostics
• S2 Genomics Inc.
• Biognosys AG
• Vizgen Corporation
• Bruker Corporation
• Brooks Automation Inc.
• BioSpyder Technologies
• Rebus Biosystems.

The global Spatial Omics Market is segmented as follows:

By End-User

• Academic Institutes
• CROs
• Research Institutes

By Technique

• Spatial Transcriptomic
• Spatial Proteomics
• Spatial Genomics

By Product

• Instrument
• Software
• Consumables

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