Press release
Spatial omics Global Market Analysis, Growth Drivers, Key Players, Future Trends, Segmentation And Forecast To 2033 | PerkinElmer Inc., Ilumina Inc., Bruker Corporation, QIAGEN N.V., 10x Genomics Inc.
"The new report published by The Business Research Company, titled ""Spatial omics Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the spatial omics market size has grown rapidly in recent years. It will grow from $0.27 billion in 2023 to $0.3 billion in 2024 at a compound annual growth rate (CAGR) of 11.3%. The spatial omics market size is expected to see rapid growth in the next few years. It will grow to $0.46 billion in 2028 at a compound annual growth rate (CAGR) of 11.5%.
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Rising Prevalence Of Genetic Illnesses Drives Growth Of The Spatial Omics Market
The rising prevalence of genetic illnesses is expected to propel the growth of the spatial omics market. Genetic diseases refer to disorders caused by abnormalities in an individual's DNA inherited from one or both parents. Genetic diseases are rising due to increased awareness, improved diagnostic techniques, changes in lifestyle, and environmental factors contributing to mutations. Spatial omics technologies offer a powerful approach to studying genetic illnesses by providing detailed spatial maps of molecular and genetic features within tissues. For instance, in February 2023, according to the World Health Organization (WHO), a Switzerland-based specialized agency of the United Nations responsible for international public health, congenital diseases caused an estimated 240,000 baby deaths globally within 28 days of birth each year. Moreover, according to the Centers for Disease Control and Prevention, a US-based government agency, about 6,000 babies are born with Down syndrome in the United States each year, which is about 1 in every 700 babies. Therefore, the rising prevalence of genetic illnesses is driving the growth of the spatial omics market.
Organizations In The Spatial OMICS Sector Creating State-of-the-Art Technologies
Major companies operating in the spatial omics market are developing innovative technologies, such as new spatial omics platforms, to strengthen their position in the market. Spatial omics platforms are comprehensive systems or technologies designed to facilitate the analysis of molecular features within the spatial context of tissues or cells. For instance, in March 2021, Rebus Biosystems Inc., a US-based life science technology company, launched the Rebus Esper spatial omics platform. This platform utilizes Synthetic Aperture Optics (SAO) technology to deliver high-throughput, quantitative, single-molecule, single-cell data with spatial context and subcellular resolution. This innovative approach enables researchers to explore tissue biology in unprecedented detail by routinely analyzing millions of cellular features across tissues, enhancing spatial analysis depth and accuracy.
The spatial omics market covered in this report is segmented -
1) By Product: Instruments, Consumables, Software
2) By Sample Type: Formalin-Fixed Paraffin-Embedded (FFPE), Fresh Frozen
3) By Workflow: Sample Preparation, Instrumental Analysis, Data Analysis
4) By Technology: Spatial Transcriptomics, Spatial Genomics, Spatial Proteomics
5) By End-Use: Academic And Translational Research Institutes, Pharmaceutical And Biotechnology Companies
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Major companies operating in the spatial omics market are Agilent Technologies Inc., PerkinElmer Inc., Ilumina Inc., Bruker Corporation, QIAGEN N.V., 10x Genomics Inc., Luminex Corporation, Takara Bio Inc., Oxford Nanopore Technologies, NanoString Technologies Inc., Standard BioTools Inc., Akoya Biosciences Inc., CrestOptics, Indica Labs Inc., Miroculus Inc., Resolve Biosciences GmbH, Pixelgen Technologies, Ionpath Inc., RareCyte Inc., S2 Genomics Inc., Spatial Genomics, Vizgen Inc., BioSpyder Technologies, Ultivue Inc., Seven Bridges Genomics
Contents of the report:
1. Executive Summary
2. Spatial omics Market Report Structure
3. Spatial omics Market Trends And Strategies
4. Spatial omics Market - Macro Economic Scenario
5. Spatial omics Market Size And Growth
…..
27. Spatial omics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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