The market’s major players are concentrating on getting their products approved by regulatory bodies, which is anticipated to fuel market expansion over the projected period.
For instance, Rebus Biosystems, Inc., a life science technology business, announced Rebus Esper spatial platform in March 2021. Rebus Biosystems, Inc. is developing cutting-edge technologies to allow spatial omics research. Researchers will be able to comprehend tissue biology better thanks to the new spatial omics platform, which will result in improvements in the fields of neurology, cancer, infectious diseases, and immunology.
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In addition, a prominent supplier of life science tools for discovery and translational research, Nanostring Technologies, Inc., launched the spatial organ atlas in October 2021, an annotated reference collection of spatially resolved entire transcriptomics. Using the GeoMx digital spatial profiler, this dataset gives researchers a foundational knowledge basis to easily understand how organs work in both healthy and pathological situations (DSP).
Impact
In Wuhan, China, a coronavirus (COVID-19) epidemic was first noted on December 31, 2019. On March 11, 2020, the World Health Organization classified COVID-19 as a pandemic. The World Health Organization reports that, as of July 25, 2021, there have been about 193,657,725 instances of coronavirus illness (COVID-19) and 4,154,660 fatalities as a result of it worldwide.
Due to lockdown, Covid-19 had a temporary influence on the market for spatial omics at the start of the pandemic, but the effect did not continue. Instead, the market for spatial omics is progressively expanding as more spatial omics products are being sold.
For instance, consumables sales fell by $ 8.4 million, or 42%, year over year at NanoString Technologies, Inc., a top producer of life science instruments for delivery and translational research. However, NanoString Technologies’ sales from the consumables business climbed to $ 16 million, up 39% from the previous year.
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In order to improve their positions in the worldwide market, major market players are concentrating on implementing inorganic development methods including mergers, collaborations, partnerships, and acquisitions. For instance, in December 2021, SeqMed, a leader in single-cell omics technology innovation and application in China, and Mission Bio, a pioneer in high throughput single cell DNA and multi-omics analysis, struck an agreement. Mission Bio will be able to extend its product and service offerings into China thanks to the deal.
Key Takeaways
The market for spatial omics is predicted to grow at a CAGR of 9.4% during the anticipated period due to an increase in product releases. For instance, in June 2021, bioSyntagma, Inc. presented the first high-plex multi-omic spatial method for clinical samples and diagnostic applications. The cancer microenvironment has been effectively mapped using a tailored PCR panel, targeted and thorough spatial imaging, and sequencing with resolutions ranging from a single cell to a complex region of interest. Broad resections up to an inch in size and FFPE are both compatible with it.
Due to increased R&D and product releases, the spatial transcriptomics sector is anticipated to have the biggest market share across technology types over the projection period.
A few of the major companies competing in the global spatial omics market are 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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