Spatial OMICS Market – By Technology (Spatial Transcriptomics, Spatial Genomics, Spatial Proteomics), Product (Instrument, Consumable, Software), Application (Diagnostics, Translation Research), Workflow, Sample Type, End-use, Global Forecast (2024 – 2032)

Spatial OMICS Market Size

Spatial OMICS Market size was valued at USD 384.4 million in 2023 and is expected to exhibit growth at a CAGR of 14.3% from 2024 – 2032 period driven by increasing adoption of spatial genomics & transcriptomics and proteomics techniques in research and clinical applications.
 

The ability to analyze spatially resolved molecular information within tissues provides researchers with a deeper understanding of complex biological processes and disease mechanisms, leading to the development of more targeted therapies and precision medicine approaches. Additionally, advancements in technology, such as improved imaging modalities and high-throughput sequencing platforms, are driving the growth of the market by enabling more efficient and accurate analysis of spatially resolved molecular data. Furthermore, collaborations between academic research institutions, pharmaceutical companies, and biotechnology firms are fueling innovation in the field, driving further market expansion.
 

Spatial OMICS refers to a set of techniques that allow the study of biological molecules within their spatial context in tissues or cells. These techniques enable researchers to understand the spatial organization of molecules such as DNA, RNA, proteins, and metabolites, providing insights into the complexity of biological systems.
 

Spatial OMICS Market Trends

• Rising government initiatives and increased funding have emerged as pivotal driver propelling the growth of the market. Governments worldwide are recognizing the transformative potential of omics technologies in revolutionizing healthcare.
   
• For instance, in November 2022, the Texas A&M University System received a USD 1.19 million grant from the National Institutes of Health (NIH) for a multidisciplinary collaboration to study the intricate connections between genomics, nutrition and health.
   
• Moreover, advancements in omics technologies have further propelled the growth of the market. These advancements have led to unprecedented insights into the intricacies of cellular processes, disease mechanisms, and personalized medicine.
   
• As these technologies become more sophisticated and accessible, their application in research, diagnostics, and therapeutic development has expanded, driving the demand for spatial OMICS solutions.
   

Spatial OMICS Market Analysis

The market based on technology is segmented into spatial transcriptomics, spatial genomics, and spatial proteomics. The spatial transcriptomics segment dominated the market in 2023 with a revenue of USD 217.3 million.
 

• The spatial transcriptomics segment holds a high market share in the market due to its ability to provide a comprehensive understanding of the spatial organization of gene expression within tissues.
   
• Additionally, increasing applications in cancer research, neuroscience, developmental biology, and immunology aids in segmental growth.
   
• Moreover, advancements in spatial transcriptomics technologies, such as improved sensitivity, resolution, and scalability, are further fueling market expansion.

The spatial OMICS market based on products is classified into instruments, consumables, and software. The consumables segment dominated the market in 2023 with a market share of 53%.
 

• Consumables such as reagents, probes, and assay kits are essential for spatial OMICS techniques, enabling researchers to accurately analyze the spatial distribution of biomolecules within tissues or cells. These play critical role in sample preparation and analysis.
   
• Further, increasing adoption of spatial OMICS technologies in various research applications, including cancer research, neuroscience, and developmental biology, is driving the demand for consumables.
   
• Additionally, advancements in spatial OMICS techniques and the development of new assays are further fueling the growth of the consumables segment in the market.
   

Based on application, the spatial OMICS market is classified into diagnostics, translation research, drug discovery and development, single cell analysis, cell biology, and other applications. The diagnostics segment dominated the market and is expected to exhibit 14.5% CAGR between 2024 – 2032.
 

• High segmental growth can be attributed to the increasing adoption of spatial OMICS technologies in research and clinical applications, particularly in oncology and neurology, where spatially resolved molecular information is essential for understanding disease mechanisms, identifying biomarkers, and developing targeted therapies.
   
• Additionally, advancements in spatial OMICS platforms, such as improved imaging resolution, multiplexing capabilities, and data analysis tools, are further fueling the segment's expansion.
   
• As the demand for high throughput, multiplexed, and spatially resolved molecular analysis continues to rise, the diagnostics segment is expected to maintain its high market share in the market.
   

The spatial OMICS market based on workflow is segmented into sample preparation, instrumental analysis, and data analysis. The sample preparation segment is expected to reach USD 578.1 million by 2032.
 

• Sample preparation involves various processes such as tissue fixation, embedding, sectioning, and staining, which are essential for preserving spatial information and preparing samples for analysis. Thus, as spatial OMICS technologies continue to advance, the demand for efficient and reliable sample preparation methods is increasing.
   
• Additionally, the growing adoption of spatial OMICS techniques in various applications, including cancer research and developmental biology, is further fueling the demand for sample preparation.
   

The spatial OMICS market based on sample type is divided into Formalin-Fixed Paraffin-Embedded (FFPE) and fresh frozen. The Formalin-Fixed Paraffin-Embedded (FFPE) segment is expected to exhibit growth at a CAGR of 14.4% over the forecast years.
 

• Formalin-Fixed Paraffin-Embedded (FFPE) segment holds a high market share in the market due to its widespread adoption and established use in preserving tissue samples for histological examination.
   
• The segment's dominance is further fueled by the growing interest in spatially resolved molecular analysis for understanding complex biological processes, such as tumor heterogeneity in cancer research or neuronal connectivity in neuroscience.
   
• Additionally, the compatibility of FFPE samples with various spatial OMICS technologies, such as spatial transcriptomics and spatial proteomics, enhances their utility and contributes to the segment's high market share.
   

The spatial OMICS market based on end-use is segmented into academic & research institutes, pharmaceutical and biotechnology companies, Contract Research Organization, and other end-users. The academic & research institutes segment dominated the market in 2023 and is anticipated to reach USD 548.1 million by 2032.
 

• Academic & research institutes serve as hubs for cutting-edge research, attracting top-tier scientists, and fostering collaborations with industry players. Their substantial funding, access to state-of-the-art equipment, and strong focus on interdisciplinary studies make them ideal partners for developing and validating spatial OMICS technologies.
   
• Furthermore, academic and research institutes often drive the demand for spatial OMICS by conducting fundamental research in fields like genomics, proteomics, and cell biology, where spatially resolved omics data can provide crucial insights into cellular function and disease mechanisms.
   
• As a result, the academic and research institutes segment is poised to maintain its high market share in the market, driving continued innovation and adoption of these transformative technologies.

North America spatial OMICS market accounted for USD 167.7 million market revenue in 2023 and is anticipated to grow at CAGR of 14.1% between 2024 – 2032 period.
 

• The region's well-established healthcare infrastructure and technological advancements in genomics and bioinformatics play a crucial role in the adoption of spatial OMICS technologies.
   
• Additionally, the presence of key market players and research institutions focused on spatial genomics and proteomics further boosts the market growth.
   
• Moreover, the increasing prevalence of chronic diseases and the growing demand for personalized medicine in North America contribute to the expansion of the market in the region.
   

The U.S. held a dominant position in the spatial OMICS market, with a revenue of USD 152.7 million in 2023.
 

• High market share is due to several factors, including the presence of key market players, robust research and development infrastructure, significant government funding for life sciences research, and a high adoption rate of advanced technologies in the healthcare sector.
   
• Additionally, the country's well-established pharmaceutical and biotechnology industry further drives the demand for spatial OMICS technologies for drug discovery and development applications.
   

Germany exhibits a high growth potential in the market.
 

• The country has a strong research and development infrastructure, with leading academic institutions and biotechnology companies driving innovation in the field of spatial OMICS.
   
• Additionally, government's support for research and development, along with a favorable regulatory environment, further propels the growth of the market in Germany.
   

The UK spatial OMICS market is expected to witness high growth over the forecast period.
 

• The country is home to several academic institutions that are currently working on developing novel techniques for single-cell genomics.
   
• For instance, Earlham Institute, UK, is working on single-cell approaches for a wide variety of species ranging from microbial to plant & mammalian specimens. The single-cell genomics research at the Earlham Institute is focused on integrating data types for parallel analysis of gene regulation and expression.
   

The Asia Pacific market is expected to exhibit the fastest growth over the forecast period.
 

• The market is majorly driven by an increase in the incidence of cancer, diabetes, Alzheimer’s disease, rheumatoid arthritis, and other neurodegenerative, autoimmune, and metabolic disorders.
   
• According to The Cancer Atlas, eastern, southern, and southeastern Asia contributes to 44% of the global cancer cases and 51% of the cancer deaths. China dominates the cancer burden in the region, followed by India, Japan, Indonesia, and the Republic of Korea. The top three applications of cancer diagnostics in the region include breast cancer, lung cancer, and prostate cancer.
   
• However, Japan is technologically advanced, and penetration & adoption of genomics & transcriptomics-based techniques are high, thus significantly contributing to market growth.
   

Japan holds a dominant position in the Asia Pacific spatial OMICS market.
 

• With a robust ecosystem of research institutions, cutting-edge technology companies, and a supportive regulatory environment, Japan has rapidly emerged as a leader in spatial OMICS.
   
• This market dominance is further propelled by strategic collaborations with international partners and a growing emphasis on translational research, positioning the country as a pivotal player in driving advancements at the intersection of biology and spatial data analytics.
   

Spatial OMICS Market Share

The spatial OMICS industry is characterized by the presence of several key players offering innovative products. The strategic partnerships, mergers, and acquisitions are common strategies employed by players to expand their market presence, enhance their service portfolios, and gain a competitive advantage.
 

Spatial OMICS Market Companies

Prominent players operating in the spatial OMICS industry include:

• 10x Genomics
• Akoya Biosciences, Inc.
• Bio-Techne Corporation
• BioSpyder, Inc.
• Bruker Corporation
• Danaher Corporation
• Diagenode Diagnostics (Hologic, Inc.)
• Ionpath, Inc.
• Millennium Science Pty Ltd.
• NanoString Technologies, Inc.
• PerkinElmer, Inc.
• S2 Genomics, Inc.
   

Spatial OMICS Industry News:

• In November 2023, 10x Genomics and OWKIN collaborated to add 10x Genomics single-cell technologies and spatial OMICS for the MOSAIC project. The collaboration aims to enable the exceptional quality data required to fulfill the project's ambitious goals, as the distinguished team of MOSAIC researchers will have access to world-class single-cell and spatial tools.
   
• In September 2023, Bruker reported advancements in instrumental methods, software, and consumables for 4D-Proteomics, 4D-Lipidomics MALDI HiPLEX-IHC spatial tissue proteomics, and 4D-Metabolomics. This helped the company cater to a larger customer base.
   

The spatial OMICS market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 - 2032 for the following segments:

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Market, By Technology

• Spatial transcriptomics
• Spatial genomics
• Spatial proteomics

Market, By Product

• Instruments
  • By Mode
    • Automated
    • Semi-automated
    • Manual
  • By Type
    • Sequencing platforms
    • IHC
    • Microscopy
    • Flow cytometry
    • Mass spectrometry
    • Other types
• Consumables
• Software
  • Bioinformatics tools
  • Imaging tools
  • Storage & management databases

Market, By Application

• Diagnostics
• Translation research
• Drug discovery and development
• Single cell analysis
• Cell biology
• Other applications

Market, By Workflow

• Sample preparation
• Instrumental analysis
• Data analysis

Market, By Sample Type

• Formalin-Fixed Paraffin-Embedded (FFPE)
• Fresh frozen

Market, By End-use

• Academic & research institutes
• Pharmaceutical and biotechnology companies
• Contract research organizations
• Other end-users

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa