Spatial Omics Market
Genomic, transcriptomic, proteomic, and metabolomic investigations are together referred to as omics. By identifying distinct cellular subpopulations or microenvironmental signatures that are typical of normal or sick tissues, the classical transcriptomics and proteomics techniques have shed light on disease development. Because spatial information is employed as a diagnostic biomarker for recognising the medical state, the spatial pattern of the genome has been found for the treatment of several diseases. Special omics combines geographical data on the location of the cells inside the tissue with molecular analyses. As a result, this technology offers a potent tool for comprehending crucial phenomena like tissue organisation or cell control.
The worldwide market for spatial omics is anticipated to reach US$ 267 million in 2022 and grow at a 9.4% CAGR during the forecast period between 2022 to 2030.
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Over the course of the forecast period, it is anticipated that rising cancer rates will fuel the expansion of the global spatial omics market.
For instance, the World Health Organization forecasts that cancer will account for approximately 10 million deaths globally in 2020. Prostate cancer affected 1.41 million people globally.
Over the course of the projected period, the market growth is anticipated to be driven by an increase in new launches and approvals.
For instance, the MERSCOPE platform, the sole platform for the MERFISH technology, was launched by vizgen in August 2021. A life science company called Vizgen is dedicated to improving human health by displaying single-cell spatial genomics data. Through multimodal labeling, serial imaging, and error-resistant barcoding, MERFISH offers the best detection efficiency currently possible for spatially profiling gene expression across complete tissues and identifying single transcripts with nanometre scale resolution.
The world’s first comprehensive collection to understand high plex spatial omics solutions for single cell level characterization was also unveiled by Veranome Biosystems LLC in March 2021. It has been shown that the Pisces technology can map hundreds of bespoke gene panels in tissues at subcellularcellular resolution with great sensitivity and gene counts per cell.
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Impact
On December 31, 2019, Wuhan, China, received the first report of a coronavirus (COVID-19) epidemic. On March 11, 2020, the World Health Organization classified COVID-19 as a pandemic. The World Health Organization announced that as of July 25, 2021, there have been approximately 193,657,725 cases of coronavirus disease (COVID-19) registered worldwide, resulting in 4,154,660 fatalities.
Early on in its dissemination, Covid-19 did have a detrimental effect on the spatial omics industry, leading to a reduction in the company’s revenue in the second quarter of 2020 as a result of widespread client lab closures because of lockdown. However, the effect was short-lived, and the company’s income eventually grew as a result of higher consumables revenue brought on by an expansion in the installed base of instruments.
For instance, 10x Genomics’ sales for the fourth quarter of 2020 was 112.2 million, a 49% increase over the revenue for the third quarter, which was 75.3 million.
Market Restraint
The global growth of spatial transcriptomics research has been focused in the United States and other industrialised countries. Spatial omics is a relatively recent field of study. In addition, there is a dearth of qualified specialists in this industry and little research knowledge.
Key Players
There are numerous significant companies competing in the global spatial omics market, such as Seven Bridges Genomics, 10x Genomics, S2 Genomics, Inc., Akoya Bioscience Inc., Dovetail Genomics, Biognosys AG, Vizgen Corp, BioSpyder Technologies, Ultivue Inc., Bio-Techne, Rebus Biosystems, Bruker, PerkinElmer, Brooks Automation Inc., NanoString Technologies, Danaher Corporation, Millennium Science Pty Ltd, Diagenode Diagnostics, IonPath Inc., and Fluidigm Corporation.
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Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Technology Type
- Market Snippet, By Product Type
- Market Snippet, By Workflow
- Market Snippet, By Sample Type
- Market Snippet, By End-User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Pipeline Analysis
- PEST Analysis
- Regulatory Scenario
- Market Trends
- Key Highlights
- Mergers & Acquisitions
- Market Dynamics
- Global Spatial Omics Market – Impact of Coronavirus (Covid-19) Pandemic
- Economic Impact
- Impact on Clinical Trials
- Government Initiatives
- Global Spatial Omics Market, By Technology Type, 2017 – 2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Spatial Proteomics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Spatial Transcriptomics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Spatial Genomics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Introduction
- Global Spatial Omics Market, By Product Type, 2017 – 2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Instruments
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Consumables
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Software
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Introduction
- Global Spatial Omics Market, By Workflow, 2017 – 2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Sample Preparation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Instrumental Analysis
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Data Analysis
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Introduction
- Global Spatial Omics Market, By Sample Type, 2017 – 2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- FFPE
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Fresh Frozen
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Introduction
- Global Spatial Omics Market, By End-User, 2017 – 2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Academics & Translational Research Institutes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Pharmaceutical & Biotechnology Companies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2030, (US$ Mn)
- Introduction
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