Spatial Genomics & Transcriptomics Market SWOT Analysis, Top Key Players, Business Trends and Forecast to 2028

The global Spatial Genomics Transcriptomics Market size was USD 178.4 Million in 2020 and is expected to register a CAGR of 18.1% during the forecast period. Increasing application of spatial genomics and transcriptomics in identification of biomarkers and in drug discovery, technological advancements in sequencing technologies, and significant funding to expand research and development activities in spatial-based technology are key factors expected to drive market revenue growth over the forecast period. In addition, increasing prevalence of chronic diseases and conditions such as genetic disorders, cancers, neurological diseases, and rare diseases have boosted the need for high-resolution multiplex assays and instruments and this is expected to further drive development of spatial genomics and spatial transcriptomics technologies. This is turn is expected to contribute significantly to revenue growth of the market going ahead.

It is segmented into key regions around the world based on growth rate, share, size, trends, current and emerging factors, production and consumption ratios, industrial chain analysis, demand and supply, import and export, revenue contribution, and key player presence across the globe. To gain a better understanding of the regional spread and progress of the Spatial Genomics Transcriptomics Market , the report provides a country-by-country analysis of the market.

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Market Overview:

A growing number of patients are benefiting from cell and gene therapies; previously incurable diseases are finding a cure. Pharmaceutical and healthcare sectors are changing rapidly. With the advent of artificial intelligence (AI) and machine-learning technologies, expectations are rising for more inventive, faster, and less expensive therapeutic development. A data-driven approach could be beneficial to the manufacturing, supply chain, and healthcare ecosystem at large. As a result of increased technology use and data sharing, as well as increased willingness to use prescription and treatment tools, attitudes and behaviors of consumers are changing. Over the next few years, such factors are expected to drive the growth of the pharmaceutical and healthcare markets.

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Companies considered and profiled in this market study

Competitive landscape of the global spatial genomics transcriptomics market is fragmented with presence of several regional and global players. Key players are engaged in extensive research and development activities to develop high-resolution multiplex diagnostic approaches to offer deeper insights into tissue heterogeneity and cellular interactions to under disease biology and pathology. Major companies operating in the market include 10X Genomics, NanoString Technologies Inc., Illumina Inc., Bio-Rad Laboratories, Natera Inc., S2 Genomics, Inc., Dovetail Genomics, Bio-Techne, Flagship Biosciences, Fluidigm Corporation, Seven Bridges Genomics, Horizon Discovery Group Plc., and Akoya Biosciences, Inc., among others.

Some notable developments in the market include:

In April 2021, Vizgen, which is a U.S-based biotech company that develops solutions for next-generation spatially resolved, single cell transcriptomics, secured USD 37 Million in Series B round of funding. The company announced it would be using the funding to accelerate infrastructure expansion to commercially launch MERSCOPE Platform and advance spatial genomics research. MERSCOPE offers insights into wide range of tissue-based research and translation medicine in oncology, neurology, immunology, and cell and gene therapy, among others.
In March 2021, Rebus Biosystems announced the launch of new “spatial omics” system, which will enable researchers to gain a detailed view of output of individual cells in wide range of tissue samples. The system integrates single-molecule fluorescence in-situ hybridization or smFISH chemistry techniques to study gene and RNA expression in their original locations.
In August 2020, NanoString Technologies, Inc., which is a globally recognized provider of life science tools for translation research, announced its partnership with Illumina, Inc. for the commercial launch of first GeoMx DSP Read-Out for Next Generation Sequencing (NGS). The company is aiming to offer a wide portfolio of spatially-resolved RNA and protein assays that cover everything from targeted content to whole transcriptome panels.

Segments covered in the report

This report offers historical data and forecasts revenue growth at a global, regional, and country level, and provides analysis of the market trends in each of the sub-segments from 2018 to 2028. For this study, Reports and Data has segmented the global spatial genomics transcriptomics market based on technique, product, application, end-use industry, and region:

Technique Outlook

Spatial Genomics

Fluorescence In Situ Hybridization (FISH)
Sequencing Techniques
Others Spatial Genomics Analysis Techniques

Spatial Transcriptomics

Immunohistochemistry (IHC)
In Situ Hybridization
Sequencing Technologies
Microscopy-based RNA Imaging
Other Spatial Transcriptomics Techniques

Product Outlook

Instruments
Consumables
Software

Application Outlook

Translational Research
Drug Discovery Development

End-User Outlook

Academic Research Institutions
Contract Research Organizations (CROs)
Pharmaceutical and Biotech Companies
Others

Regional Outlook

North America

U.S
Canada

Europe

U.K
Germany
France
BENELUX

Asia Pacific

China
Japan
South Korea
Rest of APAC

Latin America

Brazil
Rest of LATAM

Saudi Arabia
UAE
Rest of MEA

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Major Points covered in this report are as below:

In this report, market development trends and marketing channels in the Spatial Genomics Transcriptomics Market industry are analyzed, feasibility of new investment projects is evaluated, and overall conclusions are presented.

This report provides key industry statistics through tables and figures, serving as an invaluable source of information and advice for companies and individuals involved in this sector.

Additionally, this report analyzes development policies and plans, manufacturing processes, and cost structures, as well as import/export consumption figures, supply and demand figures, costs, prices, revenues, and gross margins.

For companies and individuals interested in the Spatial Genomics Transcriptomics Market industry, the Spatial Genomics Transcriptomics Market report provides information on the current market status of the Spatial Genomics Transcriptomics Market manufacturers and provides valuable guidance and direction.

We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa

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