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Spatial omics Global Market Size, Trends, Growth, Opportunities 2024-2033 | PerkinElmer Inc., Ilumina Inc., Bruker Corporation, QIAGEN N.V., 10x Genomics Inc.

10-25-2024 08:58 AM CET | Health & Medicine

Press release from: The Business research company

Spatial omics Global Market

Spatial omics Global Market

"""The Business Research Company recently released a comprehensive report on the Global Spatial omics Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, 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 growth in the historic period can be attributed to the rising number of genetic disorders, increasing prevalence of cancer, increasing demand for personalized medicine, growing demand for biomarker identification and validation, increasing adoption of spatial genomics, and transcriptomics and proteomics.

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%. The growth in the forecast period can be attributed to increased research and development activities, increased financing for OMICS research, development of transformational approaches for cancer biomarker discovery, increased translational research, and economic growth. Major trends in the forecast period include Strategic collaborations and partnerships, spatial omics techniques, integration of advanced technologies, product innovations, and technological advancement.

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Market Drivers and Trends:

The increasing demand for cosmetic procedures is expected to propel the growth of the platysmaplasty treatment market. Cosmetic procedures encompass a range of surgical and non-surgical interventions to enhance or alter a person's physical appearance for aesthetic purposes. The increasing demand for cosmetic procedures is driven by societal emphasis on appearance, advancements in medical technology, and growing acceptance of aesthetic enhancement to boost self-confidence and improve overall well-being. Platysmaplasty treatment is used in cosmetic procedures to address sagging or aging skin in the neck area, providing patients with a rejuvenated and youthful appearance. For instance, in September 2023, according to a report published by the International Society of Aesthetic Plastic Surgery (ISAPS), a US-based organization for aesthetic plastic surgery, plastic surgeons worldwide witnessed an 11.2% overall rise in procedures, conducting over 14.9 million surgical and 18.8 million non-surgical interventions, surpassing the 12.8 million surgical and 17.5 million non-surgical procedures performed in 2021. Therefore, increasing demand for cosmetic procedures will drive the growth of the platysmaplasty treatment market.

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.

Key Benefits for Stakeholders:

• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.

Major Key Players of the Market:

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

Spatial omics Market 2024 Key Insights:

• 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%.
• Rising Prevalence Of Genetic Illnesses Drives Growth Of The Spatial Omics Market
• Organizations In The Spatial OMICS Sector Creating State-of-the-Art Technologies
• North America was the largest region in the Spatial OMICS market in 2023

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Learn More About The Business Research Company

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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