Global Spatial Genomics And Transcriptomics Market By Technique (Spatial Transcriptomics (IHC, FISH, Sequencing), Spatial Genomics Analysis), By Product (Consumable, Instrument), By Application (Translational Research, Drug Discovery And Development), By End-User (Pharmaceutical And Biotechnology, CRO), By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Global Spatial Genomics And Transcriptomics Market By Technique (Spatial Transcriptomics (IHC, FISH, Sequencing), Spatial Genomics Analysis), By Product (Consumable, Instrument), By Application (Translational Research, Drug Discovery And Development), By End-User (Pharmaceutical And Biotechnology, CRO), By Geographic Scope And Forecast

Spatial Genomics And Transcriptomics Market Size And Forecast

Spatial Genomics And Transcriptomics Market size was valued at USD 265.5 Million in 2022 and is projected to reach USD 948.2 Million by 2030, growing at a CAGR of 15.2% from 2023 to 2030.

The market for spatial genomics and transcriptomics is propelled by the need for a more in-depth understanding of cellular structure and function, advances in sequencing technologies, growing interest in spatial biology, and rising demand for new technologies to study the spatial organization of the genome. Researchers and scientists are seeking advanced tools and techniques to understand how genes are organized and interact in three-dimensional space within cells and tissues. The Global Spatial Genomics And Transcriptomics Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Spatial Genomics And Transcriptomics Market Definition

Determining the spatial organization and distribution of genes in addition to the patterns of gene expression in cells and tissues is the objective of the scientific fields of spatial genomics and transcriptomics. These disciplines analyze gene expression data in relation to spatial data, revealing details about the arrangement and interactions of cells in their natural tissue surroundings. The identification of certain cell types, the study of cellular heterogeneity, and the investigation of the functional organization of tissues are all made possible by spatial genomics and transcriptomics technologies.

By identifying spatially precise gene expression patterns, they offer a more thorough understanding of intricate biological processes like development, the course of disease, and immunological responses. To identify and measure gene expression at single-cell or subcellular resolution while maintaining spatial information, these methods employ a range of strategies, including in situ hybridization techniques, imaging-based methods, and spatially resolved sequencing technologies. The market for spatial genomics and transcriptomics provides products and services to a wide range of end customers, including pharmaceutical and biotechnology firms, educational and research institutions, contract research organizations (CROs), and clinical laboratories. For a variety of purposes, including translational research, drug discovery and development, biomarker discovery, diagnostic development, and precision medicine, these end users use spatial genomics and transcriptomics technologies.

The Spatial Genomics And Transcriptomics Market can be segmented based on technique, product, application, and end-user. In terms of technique, it includes spatial transcriptomics, which encompasses immunohistochemistry (IHC), fluorescent in situ hybridization (FISH), and sequencing, as well as spatial genomics analysis. Sequencing enables high-throughput analysis of spatially resolved RNA transcripts. These techniques provide valuable insights into the spatial organization of gene expression within tissues. The product segment comprises consumables, instruments, and software used in spatial genomics and transcriptomics experiments.

These products are essential for sample preparation, labeling, and detection of specific targets, enabling researchers to perform accurate and reproducible analyses. The applications of these techniques are seen in translational research, which aims to bridge the gap between basic research and clinical applications, and drug discovery and development, where spatial analysis enhances target identification and validation. The end-users of spatial genomics and transcriptomics technologies include pharmaceutical companies, biotechnology companies, contract research organizations (CROs), and academic and research institutes.

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Global Spatial Genomics And Transcriptomics Market Overview

The increasing adoption of spatial genomics and transcriptomics in drug discovery and development is a significant driver for the market. In recent years, these technologies have transitioned from being primarily used in research applications to playing a crucial role in accelerating drug discovery and development processes. Genomics and transcriptomics have emerged as powerful tools for understanding disease mechanisms, identifying potential therapeutic targets, and developing new drugs. Spatial genomics and transcriptomics techniques add an additional layer of information by providing insights into the spatial organization of genes and their expression patterns within tissues and cells. Spatial genomics and transcriptomics have found applications in studying infectious diseases, neurodegenerative diseases, and cancer.

By analyzing gene expression within specific spatial contexts, researchers can gain a better understanding of disease pathology and identify new targets for drug development. The adoption of spatial genomics and transcriptomics in drug discovery and development is driven by the increasing recognition of the value of spatial information in understanding complex biological systems and identifying novel therapeutic targets. The ability to analyze gene expression within its spatial context offers a more precise and comprehensive understanding of disease mechanisms, paving the way for the development of innovative drugs and precision medicine approaches.

While spatial techniques enable the mapping of gene expression patterns within tissues, the ability to analyze a large number of genes in a single experiment is still somewhat restricted. For example, certain quantitative and sensitive spatial transcriptomic sequencing methods allow the analysis of only a few genes, typically ranging from 3 to 4 genes, in a single experiment. This limited throughput poses a challenge for customers who are looking to adopt spatial genomics and transcriptomics techniques, particularly when they aim to analyze a broader set of genes or perform high-throughput analyses. Researchers and companies are actively working on improving the scalability and multiplexing capabilities of spatial genomics and transcriptomics technologies.

Efforts are underway to develop new methods and platforms that can simultaneously analyze a larger number of genes, enabling more comprehensive spatial gene expression profiling. However, Transcriptomics and spatial genomes provide a link between basic scientific findings and clinical applications. The creation of new diagnostic tools, therapeutic targets, and precision medicine methods based on spatial genomic and transcriptome data is made possible by the capacity to transform scientific knowledge into usable insights. Thus, opportunities for spatial analysis in clinical settings are made possible by the increased focus on translational research.

Global Spatial Genomics And Transcriptomics Market Segmentation Analysis

The Global Spatial Genomics And Transcriptomics Market is Segmented on the basis of Technique, Product, Application, End-User, and Geography.

Spatial Genomics And Transcriptomics Market, By Technique

  • Spatial Transcriptomics (IHC, FISH, Sequencing)
  • Spatial Genomics Analysis

Based on Technique, the market is segmented into Spatial Transcriptomics (IHC, FISH, Sequencing) and Spatial Genomics Analysis. The spatial transcriptomics segment accounted for the majority of the market size, indicating its significant impact and adoption in the research community. One key factor is its ability to uncover spatially resolved gene expression patterns, providing valuable insights into the cellular composition and functional organization of tissues.

This enables researchers to study complex biological processes and identify specific cell types or regions of interest within a sample. The applications of spatial transcriptomics in disease research and drug discovery are also propelling market growth. Spatially resolved gene expression data can aid in the identification of biomarkers, drug targets, and therapeutic response markers. It can also provide insights into disease progression, microenvironment interactions, and treatment efficacy.

Spatial Genomics And Transcriptomics Market, By Product

  • Consumable
  • Instrument
  • Software

Based on Product, the market is segmented into Consumables, Instrument, and Software. The consumables segment held a dominant market share. The growing adoption of spatial genomics and transcriptomics technologies in research and clinical settings is a major driver for the consumables segment. As more researchers and laboratories recognize the value of spatial analysis in studying gene expression patterns and cellular organization, there is an increased demand for consumable products required to perform these experiments. These consumables play a critical role in ensuring accurate and reliable results in spatial analysis experiments.

Spatial Genomics And Transcriptomics Market, By Application

  • Translational Research
  • Drug Discovery & Development

Based on Application, the market is segmented into Translational Research and Drug Discovery & Development. The translational research segment held a dominant market share, indicating its significant impact on the overall market. Translational research is necessary due to the potential therapeutic relevance and usability of spatial genomics and transcriptomics technologies. By analyzing gene expression patterns and spatial organization in tissues and cells, researchers can gain insights into disease mechanisms, identify biomarkers, and develop personalized treatment strategies. Translational research plays a crucial role in leveraging spatial genomics and transcriptomics data to develop new diagnostic tools and therapeutic approaches. By translating scientific knowledge into actionable insights, researchers and clinicians can identify potential therapeutic targets, develop precision medicine approaches, and improve patient outcomes.

Spatial Genomics And Transcriptomics Market, By End-User

  • Pharmaceutical & Biotechnology
  • CRO
  • Academic & Research Institutes

Based on End-User, the market is segmented into Pharmaceutical & Biotechnology, CRO, and Academic & Research Institutes. The pharmaceutical & biotechnology companies segment held a dominant market share, indicating its significant presence and impact in the market. Spatial genomics and transcriptomics technologies offer new avenues for exploring disease biology and identifying specific targets for therapy. Pharmaceutical and biotechnology businesses might better understand disease causes and pinpoint potential therapeutic interventions by fusing geographical data with genomic and transcriptome data. Spatial genomics and transcriptomics also play a crucial role in enhancing preclinical and clinical research. By incorporating spatial information into drug development processes, companies can assess the efficacy and safety of potential drug candidates more accurately.

Spatial Genomics And Transcriptomics Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Based on regional analysis, the Global Spatial Genomics And Transcriptomics Market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America is a prominent region in the Spatial Genomics And Transcriptomics Market, accounting for significant revenue. One of the key factors contributing to the growth of the Spatial Genomics And Transcriptomics Market in North America is the region’s robust research and development landscape.

North America is home to numerous pharmaceutical and biotechnology companies, academic institutions, and research organizations that actively engage in cutting-edge genomics and transcriptomics research. These entities have the resources, expertise, and infrastructure to drive advancements in the field and adopt spatial analysis technologies. Moreover, North America places a strong emphasis on innovation and invests significantly in research and development. Government initiatives and private investments in the life sciences sector contribute to the growth of the Spatial Genomics And Transcriptomics Market.

Key Players

The “Global Spatial Genomics And Transcriptomics Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as NANOSTRING TECHNOLOGIES, 10X Genomics, Danaher Corporation, Illumina, Seven Bridges Genomics, Singular Genomics, Inc., Bio-Techne Corporation, LLC, Standard BioTools Inc., Bio-Rad Laboratories, Genomic Vision SA, Akoya Biosciences, Vizgen Corporation, RESOLVE BIOSCIENCES, Lunaphore Technologies SA, S2 GENOMICS, OPTICAL BIOSYSTEMS INC., CANTATA BIO, and BioSpyder Technologies Inc.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.

Key Developments

  • In February 2023, Curio Bioscience announced the commercial release of Curio Seeker, a kit for whole-transcriptome spatial mapping. Slide-seq technology, created by Curio Seeker’s academic co-founders at the Broad Institute of MIT and Harvard, is used.
  • In November 2022, cooperation between NanoString and Abcam to jointly sell Abcam antibodies for NanoString’s high-plex spatial multi-omics solutions was announced
  • In December 2022, 10x Genomics announced that their Xenium platform for in situ analysis would begin shipping commercially. The next generation of subcellular-resolution targeted spatial profiling of genes and proteins is called Xenium.
  • In October 2022, Illumina and AstraZeneca launched a strategic research partnership to quicken the discovery of therapeutic targets by fusing their capabilities in Al-based genome interpretation and genomic analytic methods with sector knowledge.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2019-2030

BASE YEAR

2022

FORECAST PERIOD

2023-2030

HISTORICAL PERIOD

2019-2021

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

NANOSTRING TECHNOLOGIES, 10X Genomics, Danaher Corporation, Illumina, Seven Bridges Genomics, Singular Genomics, Inc., Bio-Techne Corporation, LLC, Standard BioTools Inc.

SEGMENTS COVERED

By Technique, By Product, By Application, By End-User, and By Geography.

CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.

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