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According to the study undertaken by Astute Analytica the global spatial OMICS market was valued at US$ 254.3 Million in 2021 and is forecasted to reach US$ 506.6 Million by 2028. The market is expected to grow at a CAGR of 10.3% during the forecast period 2022-2028. Spatial OMICS consists of various analyses such as epigenomics, proteomics, genomics, transcriptomics, metabolomics and lipidomic. It combines all the molecular analysis with spatial information on cell’s localization within the tissue. Also, the spatial analysis provides much better molecular studies through spatial information. Spatial OMICS generate highly multiplexed data sequencing and also provides high resolution mapping of expression profiles of cell tissues. Moreover, they are offering a new perspective as they have ability to retain spatial content of various cells present in samples.
Factors such as growing potential of spatial OMICS as a cancer diagnostic tool and increasing adoption of spatial OMICS in drug discovery and development drives the growth in the global spatial OMICS market. In addition to this, growing usage of spatial OMICS for biomarker identification creates lucrative growth opportunities for spatial OMICS in the global market place. The application of spatial OMICS techniques in cancer diagnostic fuels the market growth as this new technique provides an opportunity to understand the mechanisms which drive the unique cell interactions which occur at the tumor border. Moreover, in the past few years, spatial transcriptomics and genomics have found various applications in drug discovery and development, apart from the research applications. However, lack of skilled professionals is anticipated to negatively impact the market growth as spatial OMICS is a very new area, which lacks the availability of skilled professionals for handling instruments and carrying out research activities.
FFPE segment holds the highest market share in 2021 in the Global Spatial OMICS Market
Based on sample type, the spatial OMICS market is segmented into FFPE and fresh frozen. The FFPE segment dominated the market in 2021 owing to the rise in examination, experimental research and diagnostic progress. Whereas, fresh frozen segment is expected to project the highest CAGR in the global market during forecast period because the frozen sample is the optimal source of DNA for whole-genome sequencing of cancer patients. Furthermore, growing research and development activities related to cancer diagnostics is anticipated to boost the market growth during the forecast period.
Academic & translational research institutes segment is expected to register at a highest CAGR during the forecast period
Based on end use, the spatial OMICS market is bifurcated into academic & translational research institutes and pharmaceutical & biotechnology companies. The academic & translational research institutes segment is estimated to have the highest market share during the forecast period. Also, academic & translational segment is expected to grow at the highest CAGR over forecast period owing to growing adoption of spatial OMICS for translating real-time tissue responses for an external agent for technological adoption in the segment.
Spatial transcriptomics segment dominated the Global Spatial OMICS Market in 2021
Based on technology, the spatial OMICS market is segmented into spatial proteomics, spatial transcriptomics and spatial genomics. The spatial transcriptomics segment holds the highest market share in 2021 due to rapid advancements in sequencing technologies and rise in chronic diseases. Furthermore, the spatial genomics segment is projected to grow at the highest CAGR during the forecast period owing to the ability of its technology to visualize proteins in their native cellular environment.
Consumable segment is estimated to have the highest market share in 2021
Based on product, the spatial OMICS market is segmented into instrument, consumables and software. Consumable segment dominated the market in 2021 and is also expected to grow at the highest CAGR of 11.1% during the forecast period owing to its high utilization for research purposes in numerous fields including drug discovery, drug development and biomarker identification.
Instrumental Analysis segment holds the highest market share in 2021 in the Global Spatial OMICS Market
Based on workflow, the spatial OMICS market is segmented into sample preparation, instrumental analysis and data analysis. Instrumental Analysis segment dominated the market in 2021 due to increasing number of advancements with respect to the instruments such as mass spectrometers and microscopes. Moreover, the sample preparation segment is projected to grow at the highest CAGR of 10.9% over forecast period owing to growing investments in this segment by market players, rise in research studies and clinical trial drug candidates.
North America held the major share in terms of revenue in 2021
North America dominated the global spatial OMICS market in 2021. Whereas, Asia Pacific spatial OMICS market is expected to project the highest CAGRduring the forecast period owing to high adoption rate of in site sequencing techniques in research focused countries like Japan and India.
Global Spatial OMICS Market is highly competitive in order to increase their presence in the marketplace. Some of the key players operating in the global spatial OMICS market include 10x Genomics, NanoString Technologies, Inc., Seven Bridges Genomics, PerkinElmer, Inc., Danaher, Bio-Techne, Fluidigm Corporation and Bruker among others.
Global Spatial OMICS Market is segmented based on sample type, end use, technology, product, workflow and region. The industry trends in global spatial OMICS market are sub-divided into different categories in order to get a holistic view of the global marketplace. Following are the different segments of the Global Spatial OMICS Market:
By Sample Type segment of the Global Spatial OMICS Market is sub-segmented into:
By End Use segment of the Global Spatial OMICS Market is sub-segmented into:
By Technology segment of the Global Spatial OMICS Market is sub-segmented into:
By Product segment of the Global Spatial OMICS Market is sub-segmented into:
By Workflow segment of the Global Spatial OMICS Market is sub-segmented into:
By Region segment of the Global Spatial OMICS Market is sub-segmented into:
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